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Friday Sip: A new world of booze-free options
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Virgin Money business survey
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Teen drivers look to stay safe during the 100 deadliest days of teen driving
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June 03, 2021
Australian-based company Lyre’s non-alcoholic Negroni. There is a small but burgeoning market for non-alcoholic spirits.
Lyre s
Alcohol consumption is falling globally as people try to reduce their intake of wine, beer and spirits for health reasons. It’s a trend that started in 2016, according to IWSR Drinks Market Analysis, an analytics firm that focuses on tracking the global beverage alcohol market.
Alcohol-free drinks allows consumers to stay sober and to lose weight. The no/low alcohol category took a three per cent share of the total beverage alcohol market last year, a figure that is forecast to grow to 31 per cent by 2024.