National Liquor News October 2023

Page 58

RTD

A

thirst

for convenience As the weather starts to heat up, Molly Nicholas explores which trends will drive the RTD category this summer and the ways in which retailers can capitalise on its success.

In the last five years, the RTD category has experienced

“A sign that RTD is having its moment is that

significant growth and now represents a large chunk of

big name players in beverage like Asahi and Beam

alcohol sales in Australia. As consumers increasingly

Suntory are re-investing big in the game.”

seek convenience, RTDs have captured the attention of global giants and independent producers, catering

Sipping on success

to a wide array of consumer preferences and making

As the category continues to evolve, producers are

them a go-to choice for many.

uncovering endless possibilities when it comes to

“The RTD market is thriving on diversity. On one end,

“The RTD category continues to grow, fuelled by an

new formats and flavours. Having sold more than 4.5

ever-increasing range of both known and new brands

million cans worth more than $19 million, Hard Fizz

there’s a focus

offering a convenient drink, for the most part in a

is Australia’s highest ranked independently owned

330ml can, at around four per cent ABV,” said Tom

alcoholic seltzer by value, and a frontrunner in the

on health and

Dusseldorp, Chief Marketing Officer at Australian

RTD space. CEO Wade Tiller spoke about the ever-

Vintage Limited (AVL).

changing landscape of the RTD category.

“The category spans spirits, cocktails, and more

“There is a lot of growth and excitement in the

recently wine-based drinks, loved for their delivery

RTD category in a lot of different ways. Making up the

of refreshment, convenience and taste.”

RTD category you have seltzers for the third summer,

Matt Sanger, Founder and Managing Director of independent canned cocktail maker Curatif, has been in the market for four years and watched the category go from strength to strength.

wellness with low-calorie, no sugar options. On the other,

which has consolidated and has strong brands which

consumers are

are travelling well.

looking for bold

“You have your high ABV light RTDs through big brands like Suntory, which has really revitalised and

flavours and

“Current research shows that Australians’

brought a lot of innovation to that space. You then have

higher ABV.”

consumption of alcohol has been on the rise in general.

brands like Billson’s, which has released nostalgic flavours

Vanessa Wilton,

RTDs are a big part of that spike, with significant

and injected a heap more excitement and growth.”

Co-founder and Creative Director, Manly Spirits

growth over the last few years, to the point we’re now experiencing record highs in the category. 58 | National Liquor News

As customer needs evolve, Australian and international brands compete to bring new innovations


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