Exhibition News February 2020 | Page 26

Sector Focus Drink Life, Vegan Life Live is a plant-based food and lifestyle exhibition. » Genre: Food » Vegan Life Live: “It's easy to think that being a vegan is all about what you can't have, but at Vegan Life Live, we're here to show you just how much is on offer.” DRINKS MARKET ANALYSIS The drinks market is currently worth around £65.2bn in the UK, with alcohol and soft drinks industries being worth £49bn and £16.2bn, respectively. The current drinks market is affected by a decrease in the amount of people drinking alcohol. UK consumption dropped from 12.6 litres of pure alcohol a year per adult in 1990 to 11.4 litres in 2017 – a decline of almost 10 per cent. It is predicted to fall even further by 2030, dipping to only 11 litres a year per adult. As a result of this, there has been a rise in low and non-alocholic drinks (NOLOs) specifically designed to appeal to those who may want to drink socially, but without getting drunk. This has also given rise to premium and craft soft drinks, not only as alternatives to alcohol, but also as mixers - meaning that whilst people may be drinking less, they are paying more to drink. Whilst the market was affected by Brexit, there are some seeds of optimism, with those in the industry focusing on planning for the future. Bednall said the soft drinks market has a number of improvements to make: “The coffee/tea market is growing fast, but that’s not reflected in the sales of the more traditional food and beverage sectors – in restaurants, hotels, pubs – because they’ve failed to embrace the opportunity of people wanting decent soft drinks.” As for the UK drinks events market, there are not many dedicated drinks events – Imbibe Live, an alcoholic drinks show and the Tea, Coffee and Soft Drinks Expo stand out. 26 — February Food and Drink Expo DRINKS TRENDS UNCORKED NOLOs Millennials and Generation Z continue to influence the market, fuelling the turn away from drinking alcohol; the key trend for the UK drinks market is ‘NOLOs’, meaning there will be pubs, bars and restaurants that are completely booze-free, in addition to more high-end soft drinks. Bottoms up On the alcohol side, gin is continuing to be popular, whilst dark spirits (particularly Irish and American whiskey) as well as aperitifs and spritzes, are tipped to be the next big trend. Food and drink matching beyond wine extending into beer, cocktails and alcohol-free drinks is also growing in popularity. Drinking for wellness Other trends likely to appear within the drinks market include wellness drinks such as kombucha, vitamin-fortified drinks and CBD-infused beverages, as Generation Z and Millennials continue to the market in health-conscious ways. » Dates: 30 March-1 April 2020 » Venue: NEC Birmingham » About: Organised by William Reed, the Food and Drink Expo is a biennial event for the grocery, food service, wholesale, manufacturing and speciality retail markets. » Genre: Food and Drink » The Food and Drink Show: “The event unites five co- located shows under one roof…Foodex, The Ingredients Show, National Convenience Show and Farm Shop & Deli Show, to create an unmissable proposition for progressive food and drink professionals across the industry.” European Coffee, Tea and Soft Drinks Expo » Dates: 19-20 May 2020 » Venue: Olympia London » About: Organised by Quinic Events, it is the ‘definitive event’ for the professional service of coffee, tea and soft drinks. » Genre: Drink » CEO of the Coffee, Tea and Soft Drinks Expo, John Bednall: “Bednall commented: “We appeal to the entire hospitality industry - we aren’t a niche show.” Imbibe Live » Dates: 29-30 June 2020 » Venue: Olympia London » About: Organised by Reed