Drinks sales dip as rollercoaster summer goes on
CGA by NIQ’s latest Daily Drinks Tracker shows On Premise sales were slightly down year-on-year last week, as fluctuations in fortunes for venues and suppliers continue.
CGA by NIQ’s latest Daily Drinks Tracker shows On Premise sales were slightly down year-on-year last week, as fluctuations in fortunes for venues and suppliers continue.
Britain’s top hospitality groups achieved year-on-year growth of 1.5% in July 2024, down from June’s rate of 2.9%, the latest CGA RSM Hospitality Business Tracker reveals.
With 1 in 3 US On Premise visitors planning more domestic travel in 2024 than in 2023, this is a crucial time for drinks suppliers to prepare for hotel operators reviewing their portfolio of drinks offering.
New data from CGA by NIQ’s On Premise Measurement (OPM) service reveals vodka retains the greatest share of the spirits category in Canada’s On Premise, despite a dip in sales over the last 12 months and increasing competition from other drinks like tequila and whiskey.
Britain’s hospitality sector has recorded its first quarter-on-quarter growth in outlets in two years, the new Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
The On Premise is witnessing a marked decrease in alcohol consumption across the globe. This shift is also evident in the UK, with a -23pp net decrease, resulting in a growing appetite for exciting soft drink options. CGA by NIQ’s leading OPUS data highlights the potential for drinks brands and venue operators to capitalise on this emerging trend, especially among the younger consumers at its forefront.
Recent trends reveal the extent of the challenges independent pubs are facing, with the sector recording a -4.3% total drinks volume sales decline over the past year.
Drinks sales fell year-on-year in the latest week with performance driven by a combination of elements throughout the week.
Join experts from CGA, and likeminded Marketing Leaders from the hospitality market for an evening of insightful discussion, networking, all whilst enjoying great food and drinks.
American and Irish Whiskeys are gaining market share in the most valuable spirits category, On Premise Measurement (OPM) data reveals, with Straight-Bourbon leading the charge due to widespread distribution gains and consistent growth across nearly all markets, despite regional variations.
In South Africa’s dynamic On Premise, it’s vital to understand how local preferences impact choices and differ from global trends. CGA by NIQ’s exclusive REACH survey reveals the unique behaviours in the country so suppliers, manufacturers and venues can localize strategies and grow sales. Here are five of the top priorities in South Africa at the moment, and how they compare with global habits.
When the sun comes out, consumer drinks preferences in the French On Premise typically shift with the weather.
바, 레스토랑 및 기타 주류 판매 허가 매장에 대한 주류 중심의 방문이 증가함에 따라, 온프라미스 채널은 2024년에도 선두를 유지하려는 음료 제조사와 공급업체들 사이에서 꾸준히 중요한 위치를 차지하고 있습니다. CGA의 이번 웨비나는 인지도, 수요 및 판매를 증진하고자 하는 브랜드에게 독점적인 기회를 제공합니다.
With increasing drink-led visitation to bars, restaurants and other licensed venues, the On Premise channel has maintained its importance among beverage manufacturers and suppliers aiming to stay ahead of the curve in 2024. CGA’s upcoming webinar offers an exclusive opportunity to brands looking to drive awareness, demand, and sales.
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