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How Gen Z is Changing the Alcoholic Beverage Market
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Gen Z consumers are reshaping the alcoholic beverage market by promiscuously consuming a range of beverages, including nonalcoholic options. Traditional alcoholic beverage companies are pivoting their offerings to become total beverage companies. The low-alcohol and non-alcoholic beverage categories are growing in popularity. Gen Z is seeking unique, global tastes in alcoholic beverages. Hard seltzer has leveled off after its boom in 2019, and the RTD category is evolving to capture the tastes of younger consumers.
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How are traditional alcoholic beverage companies adapting to cater to Gen Z's preferences?
How is the RTD category evolving to capture the tastes of younger consumers?
What are the key factors driving the growth of the low-alcohol and non-alcoholic beverage categories?
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