Key Market Indicators
British alcoholic drink consumption is projected to drop significantly over the next five years. By 2028, consumption is expected to fall to approximately 46,000 metric tons, down from 70,000 metric tons in 2023. This represents an average annual decline of 6.6%. Since 2019, British demand for alcoholic drinks has already been decreasing at an average rate of 5.9% per year. In the global context, India, Japan, and Russia rank second, third, and fourth respectively in terms of alcoholic drink consumption. On the export front, British alcoholic drinks are forecasted to see a modest increase. By 2028, exports are anticipated to reach around $11.8 billion, up from $11.1 billion in 2023. This marks an average annual growth rate of 1%. Since 1998, the supply of British alcoholic drinks has consistently risen at a similar rate of 1% per year.
Latest reports
UK Beverages Market Report- Q1 2025
The UK beverages market in Q1 2025 is marked by significant trends and strategic movements across various segments, reflecting both challenges and growth...
UK Beverages Market Report- Q4 2024
The UK beverages market in Q4 2024 continues to reflect significant trends influenced by consumer preferences, economic conditions, and strategic industry innovations. Both...
