Johnny Forsyth
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's really the kind of the bigger macro factors that have driven the growth of non-alcoholic drinks.
Primarily, those are consumers being much more conscious about their health and also governments realising that drinking alcohol is problematic and puts a lot of pressure on their health systems and investing a lot of money in anti-drinks advertising.
Forsyth thinks we have not seen the peak yet.
If we take a market like Germany, our figures show that it accounts for 8.5% of all alcoholic beer sales.
So that's quite a significant chunk.
In many other markets, that'll be just around 1%.
But what it does show is that this has got significantly more runway to go.