Heineken to cash in on booming demand for zero alcohol beers
The Dutch group is also likely to outline how it is tapping into the market shift to more premium beer and lager brands.
Speaking ahead of a first-quarter trading statement, due from the brewing giant on Wednesday, Matt Britzman, an equity analyst at Hargreaves Lansdown, said: “Heineken’s non-alcohol offering has been posting double-digit growth, with Heineken 0.0 leading the way. 2022 will see the group expand its offerings in the more health-conscious beverage sector with products like Desperados Virgin Mojito and Lagunitas non-alcoholic IPA.
Advertisement
Hide AdAdvertisement
Hide Ad“[The] update will hopefully shed some light on how performance has been in what should be an exciting growth avenue.
“The group’s unlikely to give any specifics on margins, but commentary on how rising costs are being managed will be watched closely,” he added.
A message from the Editor:
Thank you for reading this article. We’re more reliant on your support than ever as the shift in consumer habits brought about by coronavirus impacts our advertisers. If you haven’t already, please consider supporting our trusted, fact-checked journalism by taking out a digital subscription: www.scotsman.com/subscriptions
Comments
Want to join the conversation? Please or to comment on this article.