Cardenxe Sotol on Succeeding with a New Category + Diageo Sells Guinness Ghana After Denying Whole Brand for Sale
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January 29, 2025

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The Takeaway Header

U.S. No-Alcohol Market to Reach $5 Billion by 2028

As the month draws to a close, the low-and-no category is seeing heightened awareness in 2025, with approximately 30% of Americans participating in Dry January, marking a 36% increase from 2024.

 

High growth rates for no-alcohol RTDs have helped the segment achieve its highest volumes to date. No-alcohol spirits are forecasted to grow at an 18% CAGR between 2024 and 2028, according to IWSR, benefitting from heightened awareness through new product launches. Millennials hold the largest share of no-alcohol drinkers across all age cohorts. 

 

Non-alcoholic beverage volumes remain a fraction of total beverage alcohol, with U.S. retail sales reaching $823 million in 2024, while alcoholic beverages reached $112 billion, according to Nielsen IQ. The category still faces challenges like limited availability and high prices. 

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Todays Top Reads

Cardenxe Sotol on Succeeding with a New Category

Source: Park Street

 

Diageo Sells Guinness Ghana After Denying Whole Brand for Sale

Source: Financial Times

 

Are Shooters Making a Comeback?

Source: The Spirits Business

 

How Big is the Low-No Alcohol Opportunity? Global Market Data for 2025

Source: Beverage Daily

 

LVMH Results Spark Optimism for Luxury Market Rebound

Source: The Drinks Business

2024 Email Assets

Michter’s Bottles Bomberger’s PFG Bourbon

Source: Beverage Dynamics

 

Harrison Ford is Working With Single Malt Scotch Glenmorangie

Source: The Drinks Business

 

Pronghorn Names Ron Cole President

Source: The Spirits Business

 

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Upcoming Events Header

 

January 31 -February 2

 

In-person event

Miami Rum Congress

Miami, FL

 

 

February 3-6

 

In-person event

WSWA Access Live

Denver, CO

 

 

March 10-12

 

In-person event

American Craft Spirits Convention & Expo

Tucson, AZ

 

Interested in meeting up with our team members at the show? Send us a note!

A Sip of Insight Header

The non-alcoholic beer category is expected to see 17% volume CAGR growth to 2028.

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