2019. Wow. What a year for the beverage industry. We really gotta hand it to White Claw for giving everyone something to talk about. Some people even say that hard seltzer defined the decade.
Me? Well, this might be a hot take, but I just think people like sparkling water. *queue mic drop*
There was more to this year, and to the beverage industry, than that crazy-popular bubbly beverage. In fact, a lot of things were happening behind the scenes. Things that you probably didn’t even realize were happening while your mind was clouded by the lure of White Claw.
Take beer for instance. The category has always been on top. I mean, everyone loves beer. Right?
In 2018, the product type was neck-and-neck with spirits. Beer holding 42.61% share and spirits at 43.20%. Then 2019 came and with it—a drastic shift in buyer behavior. Beer dipped in share a steep -8.05%, all the while spirits grew 7.48%.
What does this say for the beverage industry landscape? And more importantly, how did we get here? How did this happen?
If you’re wondering about the above, you’ve come to the right place. See, we’ve got the insight that can paint a broader picture into what exactly was movin’ and groovin’ the beverage industry this past year.
We analyzed over 156 million servings ordered through the Provi platform by on-premise bars and restaurants in 2019. And the results will shock you.
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View the top breweries, the most popular products, and latest STYLE trends.
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Whether you’re a bar, retailer, distributor, or brand— growing your company is hard work. Success in the alcohol industry requires a lot of time, great relationships, and staying informed. Get access to all three and prosper using Provi.