Mapogos Capital reposted this
Brilliant report by our economist Nicole Baro : • The no/low alcohol segment is rapidly growing, aided by favourable excise duty changes. • Wine producers are lowering ABV to avoid higher taxes. • Consumers are buying less but opting for higher-quality products, emphasizing premiumisation. • At-home drinking is on the rise, shifting consumption patterns. • The UK remains the third most valuable market for beverage alcohol. • E-commerce is capturing a larger share of alcohol sales. • Premium products, especially tequila, rum, and beer, are in high demand. #AlcoholIndustryTrends #NoLowAlcohol #Premiumisation #EcommerceGrowth #AtHomeDrinking #BeverageMarket #AlcoholMarketInsights #UKAlcoholMarket Mapogos Capital
Interesting Read, Nicole Baro; how would your forecast expectations change if the UK had voted to remain in the infamous #Brexit referendum? Also, shout-out to Diageo for captain's morgan spiced rum🥂
Great insights, Nicole Baro! The shift toward premiumisation and the rise in at-home drinking reflect how consumer preferences are evolving.
2nd Year Accounting & Finance @ WBS | Warwick Law Society Summit Coordinator
4moGreat article and reminded me of a question I've been thinking about for a long time: Given that the addictive nature of products like alcoholic beverages and other 'sin' commodities can potentially outweigh the income effects during economic downturns (hence the demand inelasticity), can these sectors effectively act as a hedge against poor macroeconomic conditions, and how viable is this investment strategy?