2023 Beer Report | Hard teas shine in flavored malt beverage segment
U.S. beer consumers also are showing their openness to change as they explore the beyond beer segments, including hard teas.
U.S. beer consumers also are showing their openness to change as they explore the beyond beer segments, including hard teas.
Non-alcohol beer’s presence as substitute for its beer counterparts is helping the category retain consumers as some look to moderate their alcohol consumption.
Premiumization trends have allowed imported beers to resonate with consumers, but with inflation concerns and a potential recession, analysts express caution for the beer segment.
Although it might be a niche segment in the beer market, hard ciders have found favor with consumers, particularly among regional brands.
For the U.S. craft beer market, the difference between retail performance and on-premise sales illustrates how the recovery that craft beer has experienced since the pandemic remains nuanced.
When it comes to the super-premium wine and spirits markets, demand for these products have remained intact throughout the year. However, with inflation impacting consumers’ pocketbooks what does that mean for super-premium wine and spirits going forward?
Although much of those sales come for the non-aseptic sports drink segment, sport drink mixes is showing that its contribution to the category, though niche, is gaining traction with consumers.