Consumer and Market Insights: Spirits Market in the UK

Date: 2016-02

There is a strong desire for premium quality Spirits in the UK. Consumers are driven by factors such as indulgence and the want to enjoy a nice drink in their free time. Spirits is primarily seen as a social drink in the UK and one that consumers will purchase for social moments with friends and family. There is also a growing trend in the UK Spirits market surrounding craft which offers brands the opportunity to help differentiate themselves. However, manufacturers need to re remember that consumers drink in order to have the most enjoyable experience.

Key Findings
– The UK is the one of the smallest Spirits markets in volume terms among the countries analyzed. This can be attributed to the popularity of wine

– While trends such as health and craft offer opportunities to brands to help differentiate themselves, manufacturers need to remember that consumers drink in order to have the most enjoyable experience

– Social media provides a place where consumers can actively display their personality and tastes through brands and their preferences of certain Spirits

Canadean’s “Consumer and Market Insights: Spirits Market in the UK” report identifies the key demographic groups driving consumption, and what motivates their consumption, combined with an in-depth study of the market and category dynamics, to identify key opportunities, and how to target them. The report uses a unique method of quantifying consumer trends. It also highlights the degree that influence trends have on consumption and shows whether beliefs over what influences consumer behavior are accurate.

What else does this report offer?

– Figures that showcase the number of times consumers of different age groups and gender consume Spirits, as well as identifying whether these demographic groups “”over”” consume (i.e. they account for a higher proportion of occasions than the proportion of society they represent overall)

– A study of market value and volumes from 2009-2019, supplemented with category, brand, and packaging analysis that shows the current state of the market, and how it will develop over the next five years

– The degree of influence that Canadean’s 20 key consumer trends have on Spirit consumption, with granular analysis on the extent that the degree of influence varies by gender, age, wealth, and leisure

– Analysis of how consumer needs will evolve in the short-to-medium term and recommended actions on how to adapt to these evolving needs

– International and UK-specific product innovation examples targeting key consumer needs – compare your products against the top performers

Reasons To Buy
– Find out what types of products consumers are purchasing, why they are consuming them, and what they will be looking for in the next few years. Product examples and key recommendations will help you derive key strategies in areas such as formulation, packaging, and key consumer targets

– Our unique consumer data has been developed from extensive consumption surveys and consumer group tracking, giving you an exclusive insight into the UK Spirits market

– Quantify the influence of 20 consumption motivations in the Spirits market for a deeper understanding of what is driving the market and how to alter product offerings accordingly

– Analyze category, brand, and packaging dynamics and how to compete with market leaders to provide a competitive edge to product launches

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