While the start of the new year is traditionally celebrated with a toast of champagne, trends in the alcoholic beverage industry indicate that the remaining 364 days will be consumed differently, seeking more innovative options, and consumers will place higher demands on alcohol brand owners. Consumers, it turns out, are embracing or, rather, yearning for the acceptance of a culture of mindfulness and moderation, and since this, believe it or not, also applies to alcohol, 2025 will bring a different breeze in the industry. After a decline in 2023 and a relatively challenging 2024, IWSR predicts that the global alcoholic beverage market will begin to recover this year, but the landscape, including flavors, values, and expectations, will be significantly different. Or, as Martin Raymond, co-founder of The Future Laboratory, stated in a report on trends in the alcohol industry compiled in collaboration with Bacardi, the change in consumer thinking and expectations will enable the industry to achieve long-term exclusivity.
– Today’s consumers are moving away from the role of those who consume alcoholic beverages and approaching the role of curators or collectors of experiences. As smart brands welcome this change, they will take the necessary steps to enhance their overall value – noted consultant Raymond in the traditional industry trend report.
Also, 2025 will be the year when the need for what is ‘more’ and ‘new’ will be replaced by the need for ‘better’, creating the foundation for a new, quite exciting era. Brands that value themselves will thus be more focused on people who prioritize craft approaches and creativity, new generations of influencers who create new touchpoints between customers and brands, but also communities that enjoy alcoholic beverages in different ways. From these new brand directions, new trends in the alcohol industry have been created, which Bacardi, with a little help from The Future Laboratory, consumers, and brand ambassadors covered in the research, listed in a new report.
Exclusive Experiences
The first trend, dubbed ‘exclusive fans‘, relates to cheering and following experiences that stars provide for their fans, whether they are film, music, or sports stars, and enjoying them. According to the report, 2024 was marked by major popular global events (just think of the frenzy surrounding Taylor Swift‘s tour) that not only attracted fans but also boosted the alcohol sector. Consumers thus found exclusive experiences in unexpected places and were, as it turned out, willing to pay a cent more to experience something extra. For example, last year’s travels were motivated by attending concerts, which will become the standard. The aforementioned megastar Taylor Swift brought an estimated £78.4 million in revenue to the UK, and fans spent £52.7 million on – drinks.
For instance, the Loews Miami Beach Hotel introduced a special cocktail, The French Bombay, during her local tour, while The Four Seasons offered packages that included karaoke and phone chargers along with alcoholic beverages. Last year also saw no shortage of sporting events, and alcohol brands adapted their offerings accordingly. That is why special stands with innovative (more expensive) cocktails and drinks were set up at venues hosting events like Wimbledon or the European Football Championship to offer sports fans something other than traditional beer. If the report is to be believed, the Grey Goose Honey Deuce cocktail was introduced at this year’s US Open, achieving sales of as much as $12.4 million during 2024.
They Want to Know More
Some enthusiasts of such drinks would certainly describe themselves as connoisseurs, claiming their taste is refined. This desire to drink quality is behind the second trend, called in-the-know imbibing, which could be simply translated as ‘the trend of drink connoisseurs’. A study conducted by Bacardi showed that the culture of showing off (in the sense of making oneself important) is transforming into a culture of true knowledge about drinks, as representatives of Generation Z and millennials are more willing than any previous generation to invest in quality and creativity.
