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.
The U.S. beer market is experiencing dissecting storylines as portions of the category thrive while others are adapting to changing consumer tastes. Domestic beers remain challenged, but see a boost from super-premium brands.
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.
In the beverage market, hard seltzers were the star of new product development for a few years, but as the market has become more saturated, experts note that change might be in order as the beverage alcohol segment experiences deceleration fr…