The household expenditure on liqueurs and cocktails in the UK is forecasted to gradually increase from 2024 to 2028, with expenditures rising from 14.13 pence sterling per capita per week in 2024 to 15.6 in 2028. This represents consistent annual growth year-on-year. The compound annual growth rate (CAGR) over this forecasted period is anticipated to be stable, reflecting a positive consumer trend toward these beverages starting from a known expenditure figure up to the end of 2023.
Future trends to watch for include:
- Potential impact of economic factors such as inflation or disposable income changes on consumer spending.
- Evolving consumer preferences towards premium or artisanal liqueurs and cocktails.
- Influence of health trends and regulatory changes on alcoholic drink consumption habits.