Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

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

by November 19, 2024
November 19, 2024
Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences

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

0
FacebookTwitterGoogle +Pinterest
previous post
House Republicans eye FEMA fund overhaul ahead of high-stakes hearing on Helene recovery
next post
Retailers warn of inevitable job losses amid £7bn budget hit

You may also like

Push to ban export of plastic waste

November 7, 2022

Frasers Group snaps up luxury clothing website Matches...

December 21, 2023

Government’s AI investment will create opportunities, not job...

March 18, 2025

UK tech sector retains third in the world...

December 21, 2022

Government looking at proposals to expand windfall taxes

November 1, 2022

How to Choose a Website Design Company for...

November 6, 2023

Abramovich faces fresh calls for HMRC probe over...

January 31, 2025

UK house prices have risen three times faster...

February 27, 2025

Treasury intervenes in car finance row as billions...

January 21, 2025

Homeworking matches salary as priority for recruits, says...

September 27, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s Debanking Order Calls for Investigation, Something Tennessee Should Have Done

      August 10, 2025
    • The Role of Automation in Streamlining Customer Communication

      August 10, 2025
    • Trump media to stream GB news on Truth+ in global expansion deal

      August 10, 2025
    • Senate Republicans reveal dramatic dealmaking behind Trump’s $3.3T megabill passage

      August 10, 2025
    • White House responds to surge in Christian persecution crisis across sub-Saharan Africa

      August 10, 2025
    • China’s rare earth tech obsession ensnares US resident as CCP looks to maintain stranglehold

      August 10, 2025

    Categories

    • Business (8,741)
    • Investing (2,191)
    • Politics (16,352)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.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.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved