No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Investing

Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences

by
November 19, 2024
in Investing
0
Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Gin and tonic has overtaken tea as the nation’s favourite drink, marking a significant shift in British consumer habits.

A recent survey conducted as part of the sixth annual Bacardi Cocktail Trends Report found that 44% of Britons now opt for a G&T when meeting friends, narrowly surpassing the 41% who prefer a traditional cup of tea. The remaining 15% were undecided between the two quintessentially British beverages.

The UK’s gin market continues to flourish, reinforcing its position as the world’s largest. Last year, gin sales reached £750 million, reflecting a sustained enthusiasm for the spirit that dates back to the 17th century. This contrasts sharply with the declining tea market, where sales of everyday black tea brands like PG Tips and Yorkshire Tea fell by 6% in 2022 to £341 million. Research firm Mintel forecasts an additional 8% decline between 2023 and 2028.

The changing tide in beverage preferences is further evidenced by the struggles of Britain’s oldest tea brand, Typhoo Tea, which recently entered administration due to over £70 million in debt and waning demand. Meanwhile, the rise of “cocktail culture” is gaining momentum, especially among younger consumers. Nearly half of Gen Z respondents—those aged 18 to 29—expressed a preference for celebrating special occasions with a cocktail instead of Champagne. Additionally, 35% are more likely to choose a cocktail over beer, and 29% over wine compared to last year.

Davide Zanardo of Bacardi UK & Ireland noted: “The G&T tops our poll for 2025, so perhaps it’s not surprising it’s now rivalling the cup of tea as the country’s national drink.”

This shift presents both challenges and opportunities for businesses in the beverage industry. While traditional tea brands face declining sales, the spirits sector is poised for growth as consumer tastes evolve. The preference for gin and tonic, along with other cocktails like piña coladas and mojitos, signals a changing landscape that companies will need to navigate carefully

Read more:
Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences

Previous Post

The Menace of Tariffs

Next Post

Build trust signals for your brand to unlock next-level trust and loyalty 

Next Post
Build trust signals for your brand to unlock next-level trust and loyalty 

Build trust signals for your brand to unlock next-level trust and loyalty 

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024

New working paper: “Shifting Perspectives: An Updated Survey of Environmental and Natural Resource Economists”

May 5, 2025

Last Day to Give in 2023!

December 31, 2023
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023
There’s a Right To Record ICE Raids–and There’s No Blanket Immunity for Raiders

There’s a Right To Record ICE Raids–and There’s No Blanket Immunity for Raiders

0

0

0

0
There’s a Right To Record ICE Raids–and There’s No Blanket Immunity for Raiders

There’s a Right To Record ICE Raids–and There’s No Blanket Immunity for Raiders

October 28, 2025

Ludwig von Mises Did not Promote Hitler’s Racial Ideas

October 28, 2025

The Rising Cost of Policing Palestine Action Protests: A 12-Month Review

October 28, 2025
No, the Trump Administration Doesn’t Support Mass Student Loan Forgiveness

No, the Trump Administration Doesn’t Support Mass Student Loan Forgiveness

October 28, 2025

Recent News

There’s a Right To Record ICE Raids–and There’s No Blanket Immunity for Raiders

There’s a Right To Record ICE Raids–and There’s No Blanket Immunity for Raiders

October 28, 2025

Ludwig von Mises Did not Promote Hitler’s Racial Ideas

October 28, 2025

The Rising Cost of Policing Palestine Action Protests: A 12-Month Review

October 28, 2025
No, the Trump Administration Doesn’t Support Mass Student Loan Forgiveness

No, the Trump Administration Doesn’t Support Mass Student Loan Forgiveness

October 28, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.