The category of non-alcoholic spirits is young – but growing rapidly. The Australian company Lyre’s, for example, was only founded in July 2019 and after less than two years had successfully marketed a whopping 13 non-alcoholic spirit alternatives in 43 countries worldwide. A triumph that producers of other products can only wish for.
“The product category of non-alcoholic and reduced-alcohol beverages already comprises three percent of the beverage market and is forecast to increase by 31 percent by 2024,” said Mark Livings, founder and CEO of Lyre’s.
Arkay News