Since the last Mintel report on liqueurs in June 2006, in common with some other alcohol sectors, there has been a slowdown with a shift away from on-trade to off-trade consumption. Sales of cream liqueurs, in particular, have fallen in value over the last two years presenting a challenge for suppliers, with cream liqueurs tending to be most popular with core female consumers. In particular, repertoire drinking among younger people is on the increase and there is strong competition, especially in the on-trade, from wine, cider and beer, as well as lighter, mixable spirits.
Since the last Mintel report on liqueurs in June 2006, in common with some other alcohol sectors, there has been a slowdown with a shift away from on-trade to off-trade consumption. Sales of cream liqueurs, in particular, have fallen in value over the last two years presenting a challenge for suppliers, with cream liqueurs tending to be most popular with core female consumers. In particular, repertoire drinking among younger people is on the increase and there is strong competition, especially in the on-trade, from wine, cider and beer, as well as lighter, mixable spirits.
Key themes of the report:
Preventing the continuing decline in consumption.
The potential in ‘mixology’ ie the use of liqueurs in cocktails that could boost both penetration and drinking occasions beyond the traditional festive peak.
How liqueurs can counter the issue of the drinks industry being portrayed in a negative light.
Exploiting the production and provenance values of liqueurs.
“Minimum pricing will only really work as a way of controlling the sale of alcohol in the off-trade if the minimum price per unit is adjusted on a regular basis to try and keep the differential between the two channels the same – or even narrow it to try and encourage more people to drink in a controlled, licensed environment.”
The economy has mixed tidings for the Christmas drinks market
The economy has mixed tidings for the Christmas drinks market
The alcoholic drinks market in all its guises, continues to fight battles on numerous fronts (health, image, legislation), and now faces some awkward questions posed by a rapidly changing economy.
Are the young the future of the Liqueurs market?
Are the young the future of the Liqueurs market?
Traditional liqueurs, cream liqueurs and shooters have struggled to retain popularity in recent years despite signficant efforts to maintain growth.