NOLO Flashcards

1
Q

Projection

A

IWSR +17% 2021
estimates will increase by 1/3 by 2026.

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2
Q

Australia

A

AUSTRALIA ‘Advancement of Australian Lifestyle Wines’.The 3MM Audolar grant from the Australian government’s funding scheme will be used to drive further innovation and improve standards within the no/low category

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3
Q

USA

A

grew by +31% 2021-

52% of adults who drink alcohol in the us are either trying now or have tried before to reduce their alcohol intake.

Nielsen found that 78% percent of non-alcoholic drinks buyers in the U.S. are also purchasing alcoholic beer, wine, or spirits

Trinchero Family Estates- premiunization Luminara premium range (20£ DTC)

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4
Q

Low-Alcohol and Alcohol-Free Options

A

Brands like Prosecco and Cava have introduced alcohol-free versions, catering to the growing demand for healthier lifestyle choices.

Recent wine launches include: Kendall Jackson Avant (Jackson Family Wines), BABE 100 (AB InBev), Cupcake Light Hearted (The Wine

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5
Q

Potential markets- Japan and Brazil

A

Japan and Brazil low-alcohol is leading growth rates, in early-stage low-alcohol markets with a small volume base.

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6
Q

France potential

A

France has the highest number of new recruits, with 25% of no-alcohol drinkers joining the category in 2022

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7
Q

Germany

A

is one of the largest no/low-alcohol markets in the world and a considerable share of older no/low consumers. This level of maturity and a lack of product innovation means that category recruitment is low, with only 6% of no-alcohol consumers joining in 2022.

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8
Q

UK drink in moderation

A

UK: Portman Group found that 24% of British drinkers are keen to cut back on booze

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