How Australian wattles took over the world and brought their fire risk with them: New book
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Non-alcoholic G&T: South African taps into booming demand for alcohol-free drinks
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It has been decreed that we may not buy alcohol anywhere – not in a bar, a restaurant, bottle store, tavern, shebeen or a tasting room – until at least 15 February 2021. It’s not a popular decision on the part of the government, and it’s devastating the restaurant and wine industries.
Privately, the black market is thriving and not in a particularly undercover way; WhatsApp groups and websites are openly trading with massively inflated prices (obviously). Restaurants have their liquor licences on the line, so sticking to the rules is their only option.
As consumers, we have some choices: stay at home with our own wine and order in; eat out at an early bird hour without alcohol; or find places that are doing creative and thoughtful pairings.
The global non-alcoholic wine and beer market was valued at $20bn (about R300bn) in 2018 and is anticipated to reach $30bn in 2025, according to the “Non-Alcoholic Wine and Beer Market” report published by Global Market Insights. But this is still far smaller than sales of alcoholic drinks, which reached $1.47-trillion in 2018 and are expected to increase to $1.75-trillion in 2024, according to Statista.com.
Owens said the growth of non-alcoholic brands in AB InBev’s global portfolio growth had doubled. The portfolio currently contributes 2% of the global business’s volumes.
AB InBev’s goal is to ensure that no- or lower-alcohol beer products represent at least 20% of the company’s global beer volume by the end of 2025.