Alcoholic Drinks Market Trends and Developments 2024

This document is a market report detailing the trends and developments in the alcoholic drinks sector for the year 2024. It outlines key trends, including the competitive landscape and retail developments, as well as the split between on-trade and off-trade sales. The report provides a comprehensive market background, including legislation regarding legal purchasing and drinking ages, advertising regulations, and taxation and duty levies. It also discusses the operating environment, including issues related to contraband and duty-free imports. Key new product launches are highlighted, along with market indicators that present consumer expenditure and sales data from 2019 to 2024. The report concludes with forecasts for sales growth across various categories of alcoholic drinks from 2024 to 2029, emphasizing the ongoing development of modern grocery retailers and the impact of rising production costs on demand.