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What's Next for Coffee Shops in Southeast Asia
Nathanael Lim
Renowned coffee chains from China and Kenangan Coffee in Indonesia have entered Singapore as a stepping stone for their international expansion. The strategy to enter Singapore is attributed to its status as a financial hub, as well as its visibility for international investors leading to future expansion. At the same time, local consumers are sophisticated, open to trying new flavours, and are willing to spend for their daily caffeine fix.
Spirits: Premiumisation in An Age of Uncertainty
Anna Ward
Premiumisation forms the foundation of modern spirits demand and has proved remarkably resilient over the trials of the last few years. Yet, it is not invulnerable to external pressures. Consumers are now having to reassess spending habits given the prolonged strain on disposable incomes, and, unavoidably, rates of premiumisation are slowing.
Indian Manufacturers Spice Up the Gin Market
Amulya Pandit
Craft gin continues to gain prominence among younger consumers in India. Historically, a perceived lack of high-quality domestically-produced gin has hindered its consumption, as imported alternatives tend to be expensive. Recognising a gap in the market, several local entrepreneurs launched their own, home-grown craft gin brands, which were made primarily from indigenous botanicals.
From Powder to Powerhouse: How Concentrates are Quenching Thirsts and Boosting Profits
Erwin Henriquez
Concentrates are becoming increasingly popular due to their affordability and specific functional benefits. While they are generally still a cheaper alternative to ready-to-drink beverages, consumers are now seeking more premium powder mix options with health, flavour, sugar reduction, convenience, and functionality as the main drivers.
Top Three Soft Drinks Trends in 2024
Howard Telford
After sharp retail price increases over the last two years, global soft drinks volume dipped significantly in 2023. Value-focused consumers are shifting into large format warehouse clubs, hard discounters and trading back to private label or B-brands in some categories. Yet a new value equation means more than simply seeking lower prices, with opportunities created by alternative formats, new functional need-states and category blurring premium innovation.
False Start? Assessing the Impact of Paris 2024 on Beverages
Robert Eveson
It’s generally argued that the Olympics Games have a positive influence on various sectors in the country where they take place, and Paris 2024 is no exception to this. The same positivity is prevalent for beverages. The Olympic Games can be a useful way for sponsors to showcase smaller brands within their portfolio and may also offer sponsors the chance to expand their consumer base.