Insight Exchange by L.E.K. Consulting · 2022-09-02 · 33 min
Recent partnerships between alcoholic and non-alcoholic beverage producers have bridged across traditional category lines. Traditionally there was a divide between non-alcoholic beverage producers dipping their toes in alcoholic beverages and vice versa, but that barrier has begun to erode and largely break down over the past 1-2 years due to shifts in consumer demand. Today we discuss how the blurring of beverage categories is forcing leading beverage manufacturers to evolve their business models. Topics discussed: How recent partnerships between alcoholic and non-alcoholic beverage producers have bridged across traditional category lines What motivates beverage producers to explore expanding into non-alcoholic categories The driving forces behind the expansion on the non-alcoholic beverage side Challenges non-alcoholic beverage companies need to manage as they expand into bev-alc What drives beverage producers' different paths to enter the bev-alc space Which producers are participating in this recent category blurring and if they facing any challenges in evolving their business models The long-term implications are for these trends
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