How will the economic slowdown affect the global drinks market?

The global economic slowdown will affect all aspects of business. The global drink market will also be affected as consumers' priorities change.

In a report form Intangible Business they indicate that the current economic slowdown will inevitably impact the global drinks market but the extent of its impact remains unclear. Recent figures reveal that American consumers are already reducing their number of shopping trips as they begin to feel the pinch of an economic downturn.

This trend is likely to spread across the globe as consumers look for value rather than luxury and there will be a decrease in the demand for premium products. The USA is a key market for many of the brands in the Power 100 and they will surely feel the pressure of an economic slowdown. Yet despite the threat of a global economic demise, the drinks industry has a history of remaining relatively buoyant in times of economic decline.