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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Britvic Plc    BVIC   GB00B0N8QD54

BRITVIC PLC (BVIC)
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Britvic : New research reveals demand for soft drinks is set to soar this Christmas as alcohol consumption declines

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11/10/2017 | 05:49pm CET

10 Nov 2017

Brand new research from Britvic today reveals that almost half of consumers (45%) are set to buy more soft drinks at Christmas as figures show that over a fifth (21%) plan to drink less alcohol. With 37% also planning to spend more on soft drinks at Christmas than previous years, increasing to over half (56%) of consumers aged 16-24, seasonal soft drinks sales are set to soar this Christmas and Britvic is advising leisure operators to be prepared.

The research, conducted by Censuswide UK, also indicates that of those consumers planning to reduce their alcohol consumption this Christmas, 39% now drink less alcohol all year round, increasing to 41% in those aged 25-34 and to 46% in those aged 55+. While there is clearly a seasonal sales opportunity that operators need to be prepared for, with figures showing a big decline in alcohol consumption all year round, it's also important to stock a dynamic range of soft drinks throughout the year to cater for this growing consumer interest in soft drinks.

Interestingly, figures revealed that for over half (54%) of those that will be drinking alcohol this Christmas, the tipple of choice will be spirits. With over three in five (63%) of spirits drinkers using mixers, ensuring the bar is fully stocked with an enticing and great tasting selection ideal for mixing, like Britvic's range of Mixers and Juices, will be key to capitalising on this seasonal sales opportunity. As interest in premium spirits continues to rise, offering the right mixer to perfectly complement and balance the flavour is now just as important as the spirit. Having recently been awarded a prestigious International Taste & Quality Institute Three-Star Superior Taste Award, Britvic's Indian Tonic Water is the perfect product to allow operators to do just that.

The results also showed that almost a quarter (21%) of consumers don't think there are enough premium soft drinks to choose from. This increases to 27% amongst those aged 25-34 and highlights a major gap in the market that operators can fill by stocking premium ranges such as J2O Spritz to make their sales sparkle this Christmas.

Russell Goldman, Commercial Director, Licensed and Foodservice at Britvic, commented: 'It's clear from our research that there's going to be a real shift towards moderate drinking this Christmas and as a result, there is likely to be a high demand for soft drinks throughout the season. Offering a range of inspiring serves and using products like Teisseire to create sensational experiences for customers, both with and without alcohol, will enable leisure operators to cater for this peak in demand over the festive period.'

For advice and inspiration on special serves and cocktail recipes that will help attract consumers to your seasonal soft drinks range this season, go to www.pourmoreflavour.co.uk.

ENDS

The research was conducted by Censuswide UK on behalf of Britvic and undertaken between 20th October 2017 to 23rd October 2017. Sample: 2,000 UK adults.

Notes to editors:
For further press information, please contact the Britvic team at Publicasity
Email: britvic@publicasity.co.uk
Tel: 020 3757 6800
All reader enquiries should be directed to: Customer Services, Britvic Soft Drinks on 0845 7581781

Notes to editors:
About Britvic: Britvic is the largest supplier of branded still soft drinks in Great Britain ('GB') and the number two supplier of branded carbonated soft drinks in GB. The company combines its own leading brand portfolio including Robinsons, J2O, Drench, Purdey's, Fruit Shoot and R White's with PepsiCo brands such as Pepsi Max, Tango, 7UP and Lipton Ice Tea, which Britvic produces and sells in Great Britain and Ireland under exclusive PepsiCo agreements. Operating in both the 'Take Home' and 'On-Premise' channels, Britvic offers its customers a portfolio of soft drinks to meet every consumer occasion and has a strong track record of delivering successful innovation.

When compared to the rest of the year

Britvic plc published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 16:48:02 UTC.

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