#Diageo PLC

[qws87]

The Molson Coors returns to the Super Bowl after a hiatus of more than 30 years

The Molson Coors returns to the Super Bowl after a hiatus of more than 30 years

Bottles of Molson Golden and Coors Light beer were photographed at the Asylum pub in New York. Andrew Harrier | Bloomberg | Getty Images The Molson Coors Beverage will return to the Super Bowl next year, making their first appearance during the big game in more than 30 years. The move comes after arch-rival Anheuser-Busch InBev announced in June that he was ending a 33-year deal with the NFL…

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#Advertising #Anheuser Busch Inbev SA #Breaking news: work #business #Business News #Diageo plc #Food and drink #Heineken Nevada #Molson Kors Beverage Company #National Football League #PepsiCo Inc. #Restaurants #Retail sector #Sports

[kambaleprashant622]

RTD Cocktails Market - Growth Factors and Regional Forecast to 2030

RTD cocktails are ready-to-drink packaged drinks meant for direct consumption. The drinks include premixed beverages, mocktails, and spirit mixers. It is typically a mixed drink containing alcohol. The growing demand for flavored drinks with low alcohol content due to the rising health concerns is driving the market. Rising urbanization, growing trend of party culture, and changing consumer taste preferences are the factors driving the RTD cocktails market.

Social media is playing a crucial role in changing the lifestyles of people. Over the past few years, the number of social media users has increased dramatically, owing to the rising penetration of the internet and smartphones. Thus, major global manufacturers are showcasing their products on social media platforms to generate more revenue. For instance, Diageo plc, one of the prominent RTD cocktail manufacturers, stepped up its multi-million-dollar partnership with Facebook to market its products. Moreover, people are heavily influenced by social media influencers and celebrities and try to follow them. Brands benefit from the growing influence of social media and celebrities on people. Celebrities heavily promote RTD cocktails and are also getting involved in the businesses. For instance, Thomas Ashbourne Craft Spirits is the latest company to work with celebrities in order to build a brand image. Thus, the increasing influence of social media and celebrities on RTD cocktails is expected to bring new trends to the RTD cocktails market in the coming years.

A few players operating in the RTD cocktails market are Bacardi Limited, Beam Suntory Inc, Boulevard Brewing Co, Bully Boy Distillers LLC, Constellation Brands Inc, Cutwater Spirits LLC, Five Drinks Co, New Holland Brewing Co LLC, Post Meridiem Spirit Co, and The Crown Royal Co, among few others.

#RTDcocktails #beverages #cocktails #theinsightpartners #marketresearch

[ikechukwu-kalu]

Simple Actions That Will Accelerate Your Business

Starting your own business has several financial benefits over working for a wage or salary. First, you are building an enterprise that has growth potential – and your wallet grows as your company does. Second, your business itself is a valuable asset. As your business grows, it is worth more and more. I believe this is the story of everyone who owns a small business. It is the story of Customer Passion Point Limited (CPPL) which is led and managed by Ikechukwu Kalu.

Customer Passion Point Limited is a value-creation consulting firm that provides advertising and training solutions to small, medium, and large corporations in Nigeria and beyond. It started its operations in 2010 and has been a part of building some great brands and individuals in the last 10 years. Ikechukwu Kalu is glad to share his story with us in the edition.

The drive to create value is a good reason to start and run a business. This is the story of Customer Passion Points Limited (CPPL). We started by running open training programs targeted at SMEs and young professionals in the corporate sector. These programs were aimed at equipping business owners and young professionals with the right skills to be the best they can be. More than 400 participants have attended these programs, and testimonies abound. Over the next few months, we expanded to include corporate/customized training to meet specific needs as well as online courses that participants can take at any time.

Ikechukwu Kalu started his career as a Factory Hand at Guinness Nigeria Plc (now Diageo) fresh from secondary school in 1982 and went through higher education while working. He joined MTN Nigeria in 2002 after putting in 19 years of meritorious service in Guinness. He worked at MTN for 7 years and grow to the position of Ag. General Manager, Consumer Segment before moving on to Zain Nigeria (now Airtel) as HoD Churn & Retention and later HoD Consumer Segments. He was in this role for two years before he went on an expatriate assignment in Tanzania, A Marketing Director of Zantel Telecoms (a part of Etisalat). After 3 years in Tanzania, he returned to Nigeria to Join FCMB Limited as Group Head / VP, Marketing & Communications. Thereafter, he led the marketing team of Ecobank Nigeria as AVP/Head of Consumer Marketing before settling into running Customer Passion Point Limited full-time.

The experiences shared, as good as they seem, may not lead to one being able to start and effectively run a successful business. Running a business requires a little more than just having a good idea and being famous.

Below are five simple thoughts I would like to share with you. It’s not magic, it’s a result of strategy and proper execution.

1. Hire the right people and train them. You must seek out good people with entrepreneurial skills and a desire to add value. They may be a little more expensive, but it pays off in the end. Having recruited right, the next enabler is training. You should have a plan and process to train them regularly.

2. Keep and nurture your trusted sources of revenue. You must have a customer value development plan that would drive the delivery of a consistent experience. Be in touch with your trusted customers/clients and ensure that nothing goes wrong with them. While we are looking for new sources of revenue, we must never take our eyes off the existing ones.

3.Reduce your risks. You just have to avoid taking careless risks. Business owners must adopt simple processes that ensure the risks attached to their activities are well managed.

4. Be adaptable and flexible. You cannot afford to be rigid if we want to accelerate our organization. The needs, want, and aspirations of our customers are ever-changing. You, therefore, have to be flexible enough to accommodate them. This is really what value creation is about.

5.Be driven by vision, and your culture. You must keep your focus right – on the vision. Always think ahead of the business, be clear about our mission, and have non-negotiable core values. Your systems, processes, and people will work well when the motivation for being in business is tangible and understood by everyone in the organization.

In conclusion, the importance of culture which covers our mission, vision, and core value cannot be over-emphasized. They set the pace for us and help to keep us focused. If you don’t know where you are going, everything you do will take you nowhere. Culture will assist employees in understanding the dynamics of your organization, working well with colleagues, adapting to working practices, sharing ideas, and communicating more effectively. The result shows in the way we are perceived externally. It influences an organization’s brand perception

For More Tips on how to grow your small business: Visit https://cppl.com.ng/blog/

#business marketing #marketing #advertising #social networks #internet marketing

[marketdigitsinsights]

[downincmi]

Canned Alcoholic Beverages Market: Unveiling the Trending Tipples

Canned alcoholic beverages have gained popularity among consumers looking for convenience and ease of handling while enjoying beverages. Canned beer, wines, hard seltzers, and cocktails provide the taste of alcohol in a portable packaging convenient for social and outdoor settings. Canned alcoholic beverages offer advantages like resealable cans preserving freshness, portable cans for on-the-go consumption as well as affordability of single-serve cans. With busy lifestyles and increase in casual outdoor activities, canned beer emerged as an alternative to bottles offering the same tasting experience without the bulk. The Global Canned Alcoholic Beverages Market is estimated to be valued at US$ 7.94 Billion in 2024 and is expected to exhibit a CAGR of 14% over the forecast period 2024 to 2031.

Key Takeaways

Key players: Key players operating in the canned alcoholic beverages are Diageo plc, Brown-Forman, Pernod Ricard, Bacardi Limited, Suntory Holdings Limited, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, E. & J. Gallo Winery, Constellation Brands, Inc., Treasury Wine Estates, Barefoot Cellars, and Kona Brewing Co. Growing demand: The global canned alcoholic beverages market is majorly driven by rising disposable income, changing consumer preferences, and growing demand for convenient on-the-go beverage options. Easy availability of flavored alcoholic products is gaining popularity among millennials and younger demographics. Global expansion: Leading companies in the canned alcoholic beverages market are expanding their global footprint through mergers and acquisitions, exporting canned products to new international markets. Premium brands are launching premium canned cocktails and wines to strengthen their position and benefit from growing demand of canned beverages. Market key trends

Consumers are increasingly preferring canned hard seltzers flavored with fruits over beers or sugary cocktails. Leading brands like White Claw and Truly are capitalizing on this trend and introducing more variety in terms of flavors and alcohol percentage in their canned seltzers. Their popularity is increasing significantly among health-conscious generation Z and millennial population. This trend towards low-calorie, low-carb, and low-sugar canned beverages is expected to continue driving the market over the forecast period.

Porter’s Analysis

Threat of new entrants: Low barriers to entry given easy availability of raw materials and equipment required for production. However, established brands enjoy advantages of scale and brand recognition. Bargaining power of buyers: Moderate to high bargaining power due to availability of many substitutes and price sensitive buyers. Buyers can switch to other alcoholic brands easily. Bargaining power of suppliers: Moderate as there are many suppliers of raw materials like malt, hops and other ingredients. Dependence is relatively less on any single supplier. Threat of new substitutes: High threat due to availability of substitutes like draught beer, bottled beers and spirits. Product differentiation is less. Competitive rivalry: Intense competition among existing players to gain market share through extensive marketing, new product launches and expansion to new markets. The North American region dominates the canned alcoholic beverages market in terms of value holding around 40% share driven by cultural popularity and growing preference for convenient packaging formats among young adults in countries like United States and Canada. Latin America is another major geographical region concentrated with around 20% share led by Brazil, Mexico and Argentina. The Asia Pacific region excluding Japan represents the fastest growing region for canned alcoholic beverages market poised to expand at over 16% CAGR during the forecast period. Growing youth population, development of specialty alcohol culture and innovations targeted at young consumers are driving the market growth in countries like China, India and South Korea.

#Canned Alcoholic BeveragesMarket Growth #Canned Alcoholic BeveragesMarket Size #Canned Alcoholic BeveragesMarket Share

[articleeee]

All You Need To Know About NFC: Near Field Communication Technology

NFC Market by Offering (Hardware (Tags/Cards, Readers), Platform), Operating Mode (Read/Write, Peer-to-peer, Card Emulation), Application (Contactless Payment, Ticketing, Data Transfer & Sharing), End-use Industry, and Geography - Forecast to 2030”.

Download Free sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5589?utm_source=article&utm_medium=social+&utm_campaign=product&utm_content=08-05-2024

The global NFC market is projected to reach $50.1 billion by 2030, at a CAGR of 12.3% from 2023 to 2030. The growth of this market is attributed to the rising demand for contactless payments and the growing integration of NFC technology in smartphones. Furthermore, the surging adoption of NFC technology in retail to improve consumer experience and growing keyless entry applications in homes and passenger vehicles are expected to create significant opportunities for this market. However, the limited range of operations of NFC challenges this market growth. Also, security issues in near field communication are restraining market growth. The integration of NFC into wearable devices is a prominent trend in the NFC market.

The global NFC market is segmented based on offering, operating mode, application, and end user. The study also evaluates industry competitors and analyses the regional and country-level markets.

Based on offering, the global NFC market is segmented into hardware and platform. In 2023, the hardware segment is expected to account for the larger share of the global NFC market. The hardware segment is also projected to record the highest CAGR during the forecast period. The growth of this segment is driven by the rising integration of NFC technology in smartphones and point-of-sale (POS) terminals and the growing use of NFC tags/cards by organizations to improve customer experience. For instance. In April 2023, Diageo plc (U.K.), the global leader in alcoholic beverage, partnered with Lotte Duty Free (South Korea), the global leader in travel retail, and Changi Airport Group (Singapore), a leading air hub in Asia to launch the Johnnie Walker Blue Label Cities of the Future Singapore pop-up at Changi Airport Terminal 3. The pop-up’s immersive multi-sensory experience showcases the limited-edition Future Cities bottles of Blue Label whisky. Travelers can explore a futuristic Singapore society by scanning the near-field communication (NFC) chip on the bottle.

Browse in depth: https://www.meticulousresearch.com/product/nfc-market-5589?utm_source=article&utm_medium=social+&utm_campaign=product&utm_content=08-05-2024

Based on operating mode, the global NFC market is segmented into read/write mode, peer-to-peer mode, card emulation mode, and charging mode. In 2023, the card emulation mode segment is expected to account for the largest share of the global NFC market. The segment is also projected to record the highest CAGR during the forecast period. The growth of this segment is driven by the growing integration of NFC technology in wearables and growing government initiatives for raising awareness of digital payments.

Based on application, the global NFC market is segmented into contactless payment, data transfer & sharing, access control & authentication, ticketing, asset tracking, and other applications. In 2023, the contactless payment segment is expected to account for the largest share of the NFC market.

However, the access control & authentication segment is projected to record the highest CAGR during the forecast period. The growth of this segment is driven by the adoption of NFC technology in automotive to facilitate smart entry in passenger vehicles, the growing use of NFC cards/tags for access control in organizations, and the growing adoption of smart locks.

Download request sample report here: https://www.meticulousresearch.com/request-sample-report/cp_id=5589?utm_source=article&utm_medium=social+&utm_campaign=product&utm_content=08-05-2024

Based on end-use industry, the global NFC market is segmented into retail, BFSI, healthcare, automotive, hospitality, consumer, electronics, transportation, residential & commercial, manufacturing, and other end users. In 2023, the retail segment is expected to account for the largest share of the NFC market. However, the BFSI segment is projected to record the highest CAGR during the forecast period. The growth of this segment is driven by the rising inclination of consumers towards e-wallets, the benefits offered by contactless payment, such as seamless, secure, and fast transactions, and stakeholder focus on fintech. For instance, in November 2023, the National Payments Corporation of India (NPCI) (India) collaborated with IDFC FIRST Bank Ltd. (India), an Indian private sector bank, to introduce FIRSTAP, the nation's first sticker-based debit card, to permit transactions by merely tapping the sticker on a point-of-sale terminal that supports Near Field Communication (NFC).

Some of the key players operating in the global NFC market include NXP Semiconductors N.V. ( Netherlands), Broadcom Corporation (U.S.), Renesas Electronics Corporation (Japan), STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), Identiv, Inc. (U.S.), ams-OSRAM AG (Austria), Intel Corporation (U.S.), Texas Instruments Incorporated (U.S.), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Avery Dennison Corporation (U.S.), MagTek Inc. (U.S.), Identis (India), HID Global Corporation(a subsidiary of ASSAABLOY AB) (U.S.).

Quick buy: https://www.meticulousresearch.com/Checkout/64480208?utm_source=article&utm_medium=social+&utm_campaign=product&utm_content=08-05-2024

Contact Us: Meticulous Research® Email- [email protected] Contact Sales- [phone] Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

[coherentmarketinsights]

[lalsingh228-blog]

Alcoholic Ready-To-Drink Market: Strong Momentum and Growth Seen Ahead

Latest business intelligence report released on Global Alcoholic Ready-To-Drink Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Alcoholic Ready-To-Drink market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis: Anheuser-Busch InBev SA/NV (Belgium), The Brown–Forman Corporation (United States), Distell Group Limited (South Africa), Bacardi Limited (Bermuda), Boston Beer Company (United States), Halewood International (United Kingdom), Diageo plc (United Kingdom), Suntory Spirits Ltd. (United States), B.C distillery (Canada), Radico Khaitan Ltd., (India). Download Free Sample PDF Brochure (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/25418-global-alcoholic-ready-to-drink-market Brief Overview on Alcoholic Ready-To-Drink: Alcoholic ready-to-drinks are packed beverages with alcohol content in it which can be directly consumed, it includes spirit-based RTDs, wine-based RTDs, malt-based RTDs, high strength premix RTD, etc. These dinks are basically the hybridization of non-alcoholic and alcoholic drinks together and packed for direct consumption. These ready-to-drink alcoholic beverages are largely demanded by young adults across the world and can be availed in supermarkets, online stores, liquor stores, etc. Key Market Trends: Increasing Consumption of Spirit-based Ready-To-Drink Alcohol

Rising Demand for Alcoholic Ready-To-Drink Among Young Adults Opportunities: Growing Standard of Living People in Developing Countries will Boost the Alcoholic Ready-To-Drink Market Market Growth Drivers: Growing Demand for Alcoholic Beverages

Demand for Ready to Drink Beverages Among People Challenges: Regulatory Guidelines and Standards on the Production, Packaging, and Labeling of Alcoholic Ready-To-Drink Segmentation of the Global Alcoholic Ready-To-Drink Market: by Type (Spirit-based RTDs, Wine-based RTDs, Malt-based RTDs, High-Strength Premixes), Application (Household, Restaurant/Bars, Hotels), Distribution Channel (Supermarket & Hypermarket, Liquor Specialist Store, Online Retailing, Duty-Free Stores, Others), Alcohol (Ethyl, Isopropyl, Denatured Alcohol) Purchase this Report now by availing up to 10% Discount on various License Type along with free consultation. Limited period offer. Share your budget and Get Exclusive Discount @: https://www.advancemarketanalytics.com/request-discount/25418-global-alcoholic-ready-to-drink-market Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (Saudi Arabia, UAE, South Africa)Furthermore, the years considered for the study are as follows: Historical data – 2017-2022 The base year for estimation – 2022 Estimated Year – 2023 Forecast period** – 2023 to 2028 [** unless otherwise stated] Browse Full in-depth TOC @: https://www.advancemarketanalytics.com/reports/25418-global-alcoholic-ready-to-drink-market

Summarized Extracts from TOC of Global Alcoholic Ready-To-Drink Market Study Chapter 1: Exclusive Summary of the Alcoholic Ready-To-Drink market Chapter 2: Objective of Study and Research Scope the Alcoholic Ready-To-Drink market Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027 Chapter 5: Decision Framework Chapter 6: Market Dynamics- Drivers, Trends and Challenges Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile Chapter 8: Appendix, Methodology and Data Source Buy Full Copy Alcoholic Ready-To-DrinkMarket – 2021 Edition @ https://www.advancemarketanalytics.com/buy-now?format=1&report=25418 Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: [phone] [email protected]

#Global Alcoholic Ready-To-Drink Market #Alcoholic Ready-To-Drink Market Demand #Alcoholic Ready-To-Drink Market Trends #Alcoholic Ready-To-Drink Market Analysis #Alcoholic Ready-To-Drink Market Growth #Alcoholic Ready-To-Drink Market Share #Alcoholic Ready-To-Drink Market Forecast #Alcoholic Ready-To-Drink Market Challenges

[businessresearchreportss]

Key Players in the Nigeria Beverages Industry: Market Analysis and Competitive Landscape

The beverages industry in Nigeria is characterized by a mix of local, regional, and international players competing across various segments, including carbonated soft drinks, bottled water, fruit juices, energy drinks, and alcoholic beverages.

Buy the Full Report for More Category Insights into the Nigeria Beverages Market, Download a Free Sample Report

Here's an analysis of the key players in the Nigeria beverages industry and the competitive landscape:

The Coca-Cola Company:

The Coca-Cola Company is one of the leading players in the Nigerian beverages market, with a strong presence in carbonated soft drinks, juices, and bottled water segments. The company's flagship brands, including Coca-Cola, Fanta, Sprite, and Schweppes, are household names and enjoy widespread popularity across the country. Coca-Cola operates through its local subsidiary, Coca-Cola Nigeria Limited, and has a vast distribution network spanning urban and rural areas.

Nigerian Bottling Company (NBC):

Nigerian Bottling Company, a subsidiary of Coca-Cola Hellenic Bottling Company, is the largest bottler of Coca-Cola products in Nigeria. NBC produces and distributes a wide range of Coca-Cola beverages, including carbonated soft drinks, fruit juices, and bottled water, serving millions of consumers nationwide. The company's manufacturing plants and distribution centers are strategically located to ensure product availability and market coverage.

Nestlé Nigeria Plc:

Nestlé Nigeria Plc is a major player in the Nigerian beverages market, particularly in the bottled water and fruit juices segments. The company's popular brands include Pure Life bottled water, Nestlé Pure Life flavored water, and Nestlé fruit juices. Nestlé's commitment to quality, innovation, and sustainability has helped it maintain a strong market position and consumer trust in Nigeria.

Guinness Nigeria Plc:

Guinness Nigeria Plc, a subsidiary of Diageo, is a leading player in the alcoholic beverages segment, particularly in the beer category. The company produces and markets a diverse portfolio of beer brands, including Guinness Stout, Malta Guinness, Harp Lager, and Satzenbrau. Guinness Nigeria's brands are well-established in the market, catering to the preferences of Nigerian consumers and contributing to the country's vibrant beer culture.

Nigerian Breweries Plc:

Nigerian Breweries Plc is another major player in the Nigerian alcoholic beverages market, specializing in the production and distribution of beer and malt drinks. The company's flagship brands include Star Lager, Gulder Lager, Legend Extra Stout, and Maltina. Nigerian Breweries operates multiple breweries across Nigeria and maintains a strong market presence through its extensive distribution network and marketing campaigns.

Chi Limited:

Chi Limited is a prominent player in the Nigerian beverages market, known for its wide range of fruit juices, dairy products, and flavored drinks. The company's flagship brand, Chivita, offers a variety of fruit juices made from locally sourced fruits, catering to health-conscious consumers seeking natural and nutritious beverages. Chi Limited's products are available nationwide through supermarkets, convenience stores, and informal markets.

La Casera Company:

La Casera Company is a key player in the carbonated soft drinks segment, particularly known for its flagship brand, La Casera Apple Drink. The company's apple-flavored carbonated drink has gained popularity among Nigerian consumers, offering a refreshing and affordable beverage option. La Casera Company operates manufacturing facilities and distribution channels across Nigeria, serving both urban and rural markets.

Competitive Landscape Analysis:

The beverages industry in Nigeria is highly competitive, with several players vying for market share across different segments.

Competition is driven by factors such as brand recognition, product quality, pricing strategies, distribution networks, marketing campaigns, and innovation in flavors and packaging.

International players like Coca-Cola and Nestlé compete with local companies like Nigerian Breweries and Guinness Nigeria, as well as smaller regional players, for market dominance and consumer loyalty.

The competitive landscape is also influenced by regulatory factors, consumer preferences, economic conditions, and demographic trends, which shape the strategies and performance of beverage companies in Nigeria.

Overall, the Nigeria beverages industry is characterized by a diverse mix of players operating in a dynamic and competitive market environment, catering to the diverse tastes and preferences of Nigerian consumers. Success in this market requires a deep understanding of local dynamics, effective distribution strategies, and continuous innovation to stay ahead of the competition.

#Nigeria Beverages Market

[chemicalresearchupdates]

Revolutionizing Happy Hour: Key Players in the Canned Alcoholic Beverages Market

The global Canned Alcoholic Beverages Market is estimated to be valued at US$ 7.94 Billion in 2024 and is expected to exhibit a CAGR of 14.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

The canned alcohol industry involves beverages pre-mixed and packaged in cans, allowing for hassle-free and portable alcoholic drinks. Over the past decade, canned beer and seltzer have dominated the segment. However, innovations in flavor profiles and formulations are broadening the market scope. Infused beverages incorporating fruit juices, teas or other mixers alongside distilled alcohol are gaining immense popularity among health-conscious consumers. Likewise, diverse cocktail offerings brewed or distilled then canned are resonating well with millennials and Gen Z who prefer the convenience of canned drinks over bottles. As customer preferences continue transitioning toward all-inclusive ready-to-drink beverages, the canned alcohol segment is poised for robust expansion through 2031. Major players in the global canned alcoholic beverages market include Diageo plc, Brown-Forman, Pernod Ricard, Bacardi Limited, Suntory Holdings Limited, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, E. & J. Gallo Winery, Constellation Brands, Inc., Treasury Wine Estates, Barefoot Cellars, and Kona Brewing Co. These companies maintain leading market positions owing to their diverse brand portfolios and innovative product launches. The key market trends driving the canned alcoholic beverages industry include rising experimentation with exotic and unique flavors, surging demand for gluten-free and low-calorie options, and increasing emphasis on sustainability packaging formats like slim cans. As consciousness regarding health, wellness and environmental protection grows stronger, players delivering on these attributes are well-poised to lead category growth over the coming decade.

Future Outlook

The canned alcoholic beverages market is expected to see robust growth in the coming years. Rising millennial population, an increasing demand for convenient packaging and growing socialization using such beverages are likely to drive adoption. Urbanization and westernization of lifestyles are prompting experimentation with new forms of premixed and canned drinks. Greater availability of hard seltzers and innovative flavors in canned format will further bolster market expansion till 2031. Growing health consciousness may lead to reduced sugar or low calorie innovations in canned wine, cocktails and spirits categories. With sustainability being a priority, recyclable and biodegradable can materials could see higher usage. Demand from emerging economies of Asia Pacific and Latin America presents bright prospects as well given rising disposable incomes. Stringent regulations though pose a challenge which players aim to navigate through advanced production processes.

Opportunity

One key opportunity for market participants is the growing demand among millennials and Gen Z consumers. These demographic segments have more relaxed views on alcohol and show higher preference for lighter, flavorful canned beverages over traditional bottles or cans. They are often early adopters of new products as well. Canned cocktails and craft beer inspired drinks matched with bright graphics and vibrant flavors could attract these consumers in greater numbers over the forecast period. Companies aiming their innovations and promotions specifically at urban youth could see accelerated gains.

PEST Analysis

Political: Regulatory changes regarding alcohol advertising and sales may impact business strategies. Trade policies also exert influence on international movements.

Economic: Economic growth supports rising consumer spending power. However, downturns weigh on discretionary purchases. Inflation and currency fluctuations are other determinants.

Social: Evolving social trends like health-consciousness, interest in niche flavors, outdoor activities and casual drinking occasions spur new product innovations.

Technological: Advanced manufacturing and filling technologies help achieve product consistency and quality at scale. Digital marketing tools facilitate customer engagement and innovative promotion campaigns.

Key Takeaways

Growing demand: With dual income households rising across regions, discretionary spending capacities are increasing for premium packaged drinks. Various social occasions now involve canned wines, cocktails and beers which was previously dominated by bottled versions alone indicating market potential.

Global expansion: Leading players are strategizing entry into high growth ASEAN and African countries to tap rising middle class populations with apparent shift towards Western lifestyles. This will strengthen their worldwide footprint.

Technological advancements: Adoption of technologically advanced automated filling lines, digital identification solutions and blockchain enabled anti-counterfeiting methods point towards enhanced production efficiency, quality control and supply chain transparency in the industry going forward.

#Canned Alcoholic Beverages Market #Canned Alcoholic Beverages Market Trends #Canned Alcoholic Beverages Market Growth

[imarcmarketreport]

Stout Market Report 2024-2032, Size, Trends, Share, Demand and Future Scope

The global stout market size is expected to exhibit a growth rate (CAGR) of 4.06% during 2024-2032.

IMARC Group's report titled "Stout Market Report By Distribution Channel (On-trade, Off-trade), and Region 2024-2032", The global stout market size is expected to exhibit a growth rate (CAGR) of 4.06% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/stout-market/requestsample

Factors Affecting the Growth of the Stout Industry:

Rising Popularity of Craft and Artisanal Beers:

The increasing interest in craft and artisanal beers due to a preference for unique, locally produced, and high-quality brews among the masses is bolstering the market growth. Stout, with its diverse flavor profile, is becoming a favorite among craft beer enthusiasts. Consumers are drawn to the distinct taste profiles offered by stouts, ranging from classic dry Irish stouts to inventive, flavor-infused varieties. This enthusiasm is further driven by the storytelling and branding opportunities that stouts provide, allowing breweries to create a deeper connection with their audience. Craft breweries often emphasize the heritage, ingredients, and brewing processes, which resonate well with a market segment that values authenticity and product backstory.

Seasonal and Limited-Edition Releases:

Unique and limited-edition stout releases generate excitement and anticipation among consumers, creating a sense of urgency and exclusivity that drives sales. Seasonal stouts, especially those released during fall and winter, align with consumer preferences for warmer, richer beers during colder months. Additionally, the release of pumpkin-flavored or spiced stouts in autumn aligns with seasonal culinary trends, while rich, chocolatey, or barrel-aged stouts are popular in winter. Limited-edition stouts also offer breweries a chance to experiment with innovative flavors and brewing techniques, often resulting in a premium product that can command a higher price point. This strategy not only drives sales during the release period but also enhances brand visibility and reputation, encouraging consumers to explore the other offerings by the brewery, thereby sustaining interest in the stout category year-round.

Integration of Technology in Brewing and Marketing:

Technological advancements in brewing equipment are allowing for greater precision and consistency in stout production, leading to higher-quality products. Automated brewing systems and data analytics are enabling breweries to enhance their recipes, ensuring that each batch meets the desired standards. Additionally, breweries are leveraging digital platforms for branding and buyer engagement. Social media campaigns, virtual tastings, and interactive websites provide a platform for breweries to educate consumers about stouts and share their stories, enhancing user engagement. E-commerce platforms are also making it easier for consumers to purchase stouts, broadening the market reach.

Leading Companies Operating in the Global Stout Industry:

Anheuser-Busch InBev

Asahi Group Holdings Ltd.

Carlsberg Breweries A/S

Diageo plc

Heineken N.V.

Kirin Brewery Co. Ltd.

Molson Coors Beverage Company

Port Brewing Company

Stone Brewing Co.

The Boston Beer Company Inc

Stout Market Report Segmentation:

By Distribution Channel:

On-trade

Off-trade

On-trade holds the biggest market share attributed to its widespread availability and consumer preference for enjoying stout beverages in bars and restaurants.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Europe dominates the market due to its rich brewing heritage, diverse consumer base, and the popularity of stout beverages across the region.

Global Stout Market Trends:

The growing experimentation with a wide array of flavors and ingredients in stout is offering a favorable market outlook. Breweries are pushing the boundaries beyond traditional recipes to include a variety of adjuncts like coffee, chocolate, vanilla, and even unconventional ingredients like chili peppers and fruits. This innovation caters to a growing segment of consumers eager for unique taste experiences. The trend is not just about adding flavors but also about how these flavors are integrated into the brewing process to create complex, multi-layered profiles. This experimental approach is leading to a rise in interest, particularly among younger demographics who are always on the lookout for something new and different in their beverages.

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#Stout Market

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Luxury Gin Market Size, Share & Trends, Analysis, Top Players, Technology and Cost Structures 2030

Market Overview

According to Analytical Market Research, the global Luxury Gin market estimated at USD 4100 million in 2022 and will expand at a compound annual growth rate (CAGR) of 10.9% from 2023 to 2030. Key players in the Luxury Gin market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic Luxury Gin market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis. Luxury Gin MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS The premiumization development in the spirits sector drives the Market Discerning consumers today seek unique and premium experiences, particularly in their choice of beverages such as luxury gins. As people become more knowledgeable about spirits, they are increasingly willing to invest in high-quality, exclusive products. Premium and luxury gins, known for superior quality, craftsmanship, and rarity, are seen as status symbols reflecting consumers' refined tastes and lifestyle choices. This trend is a significant driver of growth in the industry. High costs will restraint the market growth Luxury gins are crafted with precision, using distinctive botanicals, artisanal distillation, and premium ingredients. Their higher prices signify superior quality, creating a prestigious brand image associated with sophistication and exclusivity. Luxury gin brands aim to appeal to consumers seeking status and a distinctive drinking experience.

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How are Segments Performing in the Global Luxury Gin Market? Luxury Gin Type Segment Breakdown According to Analytical Market Research, the Luxury Gin market by type is segmented into London Dry Gin, Old Tom Gin, Plymouth Gin, Others. Luxury Gin Price Point Segment Breakdown According to Analytical Market Research, based on price point, the market is bifurcated into Standard, Premium, Luxury. Luxury Gin Distribution Channel Segment Breakdown According to Analytical Market Research, based on Distribution Channel the market is segmented into On-trade, Off-trade. Luxury Gin Geographic Exploration According to Analytical Market Research, Due to the rising consumer preference for unique, small-batch products with distinct flavors, North America is anticipated to lead the market. Craft gin producers, emphasizing quality botanicals and innovative distillation methods, have gained traction among discerning consumers. Noticeable Players Functioning in The Global Luxury Gin Market Include: • Diageo plc • Remy Cointreau • Pernod Ricard S.A. • Southwestern Distillery • William Grant & Sons Limited • Bacardi Limited • Forest Spirits’Gin • San Miguel Corporation • Davide Campari-Milano N.V.

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KEY BREAKDOWN: Luxury Gin Market By Type: • London Dry Gin • Old Tom Gin • Plymouth Gin • Others By Price Point: • Standard • Premium • Luxury By Distribution Channel: • On-trade • Off-trade Geographical Exploration: • North America o The USA o Canada o Mexico • Europe o Germany o France o UK o Italy o Spain o Rest of Europe • Asia Pacific o China o Japan o India o South Korea o South East Asia o Rest of Asia Pacific • Latin America o Brazil o Argentina o Rest of Latin America • Middle East and Africa o GCC Countries o South Africa o Rest of MEA

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Welcome to Analytical Market Research, where we specialize in delivering comprehensive market research solutions to meet your business needs. Our mission is to empower businesses with actionable insights, guiding strategic decisions for sustained growth and success, we are driven by integrity, innovation, and a relentless pursuit of excellence in delivering accurate and timely market intelligence.

With a team of seasoned analysts and industry experts, we bring a wealth of knowledge and experience to every project our research methodology combines cutting-edge analytics with a deep understanding of industry dynamics, ensuring clients receive insights that drive informed decision-making.

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#Luxury Gin Market

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Guinness Nigeria Plc Recruitment for Stores Technician

Guinness Nigeria Plc is a major market for Diageo: Guinness Nigeria operates in the unique and fast-growing alcohol industry of over 15mhl beer potential. It is the only company that does Total Beverage Alcohol (TBA) in Nigeria. It’s an on-trade-dominated market but with a fast-growing off-trade channel. Continue reading Untitled

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Guinness Nigeria Plc Recruitment for Stores Technician

Guinness Nigeria Plc is a major market for Diageo: Guinness Nigeria operates in the unique and fast-growing alcohol industry of over 15mhl beer potential. It is the only company that does Total Beverage Alcohol (TBA) in Nigeria. It’s an on-trade-dominated market but with a fast-growing off-trade channel. Continue reading Untitled

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Whiskey Market Size, Share | Global Industry Outlook and Statistics, Segmentation and Forecast to 2027

The market is expected to exhibit an incremental revenue opportunity of $26.7 billion from 2020 to 2027. The Whiskey Market growth is propelled by the rise in demand for whiskey as a result of rise in preference for premium brands. The rising demand for high-premium whiskeys as a result of change in consumer tastes, rise in standard of living globally and inclination toward innovate products is expected to drive the growth of the global whiskey market size.

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Frontrunners in the industry-

Pernod Ricard

Bacardi Limited

Beam Suntory, Inc.

Asahi Group Holdings, Ltd.

The Brown–Forman Corporation

Loch Lomond Distillers Ltd.

William Grant & Sons Ltd,Diageo plc.

Constellation Brands, Inc.

La Martiniquaise

COVID-19 scenario-

The outbreak of the pandemic has directly hit the global whiskey market. The lockdown had a substantial toll in the industry. In the first phase of the lockdown, most of the retail F.L owners were brought to close their stores for an indefinite period. However, from the third phase, the sale of whiskey is resumed to a certain extent.

Also, the bars and restaurants that used to garner huge sales from serving whiskey have been highly affected, as it will take enough time for people to earn back the trust in living a social life yet again.

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The scotch whiskey segment to dominate by 2027-

Based on product type, the scotch whiskey segment contributed to more than two-fifths of the global whiskey market share in 2020 and is projected to rule the roost by the end of 2027. Its rich and smooth flavor drives the growth of the segment. Also, the fact that scotch whiskey is used as a mixer in cocktails has further expanded the market base among young consumers. The Canadian whiskey segment, on the other hand, would portray the fastest CAGR of 6.6% from 2020 to 2027.This is attributed to its affordability and unique texture.

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Gin Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2033

The gin market refers to the global industry involved in the production, distribution, and consumption of gin, a distilled spirit that is primarily flavored with juniper berries and other botanicals. Gin has a rich history that dates back centuries, and it has experienced a resurgence in popularity in recent years.

Several factors have contributed to the growth of the gin market. One key factor is the rise of craft distilleries and the artisanal spirits movement, which has led to the creation of unique and high-quality gins. Consumers are increasingly interested in exploring new flavors and supporting small-scale producers, which has boosted the demand for craft gins.

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The gin market is projected to grow at a modest CAGR of 3.5% during the forecast period. The global market value is expected to increase from US$ 23 billion in 2023 to US$ 28.27 billion by 2033.

The market growth is propelled by critical factors such as an increase in demand for high-quality alcoholic beverages, and the steadily expanding e-commerce market, facilitating the purchase of gin.

In the broader context, the global rise in consumption of alcohol is on the rise. The market is witnessing innovations through research and development activities to improve the distillation processes. This has led to a steady increase in the number of global distilleries

Analyzing socioeconomic factors, there has been a steady improvement in the standard of living and disposable income across developing regions. This has propelled recent changes in consumer preferences for “quality over quantity”.

Mass-scale migration to urban areas has diversified consumer choices. The market is also bolstered by increasing consumption and acceptability of alcoholic beverages amongst Millenials

In recent times there has been a wide application of gin in creating premium cocktails. Globalization has led to popular acceptance of gin as a popular alcoholic beverage, beyond North America and Europe.

Key Takeaways from the Study:

The U.K. dry gin is expected to dominate the product type segment, by recording a CAGR of 4% during the forecast period

Gin market growth in North America is to be impeded due to stringent regulations

Japan’s gin market expected to register a CAGR of 1.9% during the forecast period

Asia Pacific emerges as a lucrative market due to changing consumer preferences, urbanization, and a rise in per capita disposable income

Germany dominates the European market with a CAGR of 2.6%

Canada is projected to record a CAGR of 2.9%

Competitive Landscape

Key players are continuously striving to bring about innovations in the market:

William Grant & Sons launched Hendrick’s Neptunia Gin, featuring a unique medley of  Scottish coastal botanicals. Bombay Sapphire, owned by Bacardi launched a lemon-flavored gin called Citron Presse gin, made with Mediterranean lemons. Recently, Diageo India invested in Nao Spirits, which is famous for producing high-end Indian handmade gins called “Greater Than” and “Hapusa”. This is expected to bolster the premium gins market in India

Pernod Ricard S.A. has launched several ready-to-drink (RTD) drinks in the U.K. These include innovative variants such as Beefeater London Dry Gin & Tonic, Beefeater Blood Orange & Tonic, and Beefeater Pink Strawberry Gin & Tonic.

Key Players:

Bacardi Limited,

Diageo plc

Davide Campari-Milano N.V.

La Hanoudiere

Lucas Bols N.V.

Mygin, Pernod Ricard,

Radico Khaitan Ltd.

Rémy Cointreau

San Miguel Corporation

The East India Company Ltd.

William Grant & Sons Ltd.

Recent Market Developments:

In an endeavor to tap into difficult markets, Sofitel Mumbai BKC launched an exclusive gin bar, named Jyran Gin Bar in India.

Porter’s Gin recently announced that it shall feature a new branding and logo developed by design agency Stranger & Stranger in all its product variants.

Recently, online alcohol giant Amazon acquired permission to conduct the online sale of alcohol in India

Discover the latest trends, growth prospects, and key market players in the Gin Market. Access the complete report for in-depth analysis and strategic recommendations. Don’t wait, seize the opportunity today! https://www.futuremarketinsights.com/checkout/1074

Key Segments: Overview

By Product Type:

London Dry Gin

Plymouth Gin

Genever/Dutch Gin

Old Tim Gin

New American Gin

By Price:

Standard

Premium

Luxury

By Distribution Channel:

Hypermarkets and Supermarkets

Specialty Stores

Drug Stores

Online Channel

Others

By Region

North America

Latin America

Europe

East Asia

South Asia & Pacific

Middle East & Africa

Information Source: https://www.futuremarketinsights.com/reports/gin-market

#Gin Market