Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $5
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • Exclusive Masterclass access. Part of Retail Week 2021
×

Almost three in four people are drinking less alcohol in APAC: GlobalData

More people are shying away from alcoholic drinks in Asia-Pacific, according to new research from GlobalData.

Approximately three out of four people in the region said they were drinking less alcohol in August 2020, GlobalData said, and a third are likely to replace them with products which claimed to have a positive health impact.

“APAC consumers are turning away from alcohol driven by concerns around physical and mental health,” GlobalData consumer analyst Carmen Bryan said.

“While general health concerns take precedence, back by almost half (49 per cent) of the region’s population, weight management, fitness, physical appearance and emotional wellbeing are all considerable factors driving low or no-alcohol innovations.”

Around 20 per cent of people in the region have stopped drinking alcohol altogether. Much of these changes have been driven by the ongoing Covid-19 pandemic, according to Bryan, as pubs and bars were shut down and people were forced to reassess their own priorities and lifestyles while in lockdown.

“Trends are shaping new home-bound leisure and social occasions where consumers seek the same taste and feel of mature drinks without the negative implications,” Bryan said.

“It will be crucial for brands to blur these lines further, emphasizing the positive health credentials that will help reassure consumers, both mentally and physically, to tap into multiple consumption occasions and justify a potentially higher price mark up.”

You have 7 free articles.

Masterclasses are only for Professional Subscribers

Become a Professional for only $5 Already member? Login
  • Unlimited access to news,insights and opinions
  • Quarterly and weekely magazines
  • Independent research reports and forecasts
  • Quarterly webniars with industry experts
  • Q&A with retail leaders
  • Carrer advice
  • Exclusive masterclass access.Part of Retail Week 2021
 
× n-popup