Alcohol consumption patterns are shifting in Australia as COVID-19 restrictions ease around the country. IRI data shows changing occasion and household dynamics mean drinking patterns are shifting as Australians adjust to the "new normal".
Consumers have adjusted to spending more time at home, are cautious about returning to licensed venues and have become increasing conscious about managing their household budgets.
A recent survey of 2225 Australians by Vox Pop Labs and the ABC found only 40% feel ready to be customers at bars and restaurants.
IRI said shoppers also think the collateral damage economically from COVID-19 restrictions will be longer-lasting than the health crisis itself.
An IRI Shopper Survey has found that Australians are bracing for more than a year of economic impacts from COVID-19 restrictions.
COVID-19 restrictions have placed economic stress on a number of families, impacting household budgets and ultimately what people are drinking.
"These circumstances have impacted the way people buy and consume alcohol," the report said.
While panic buying saw significant growth in all alcohol segments in the off-premise, sales have returned to pre-COVID norms.
IRI Market Edge data shows MAT was down -0.5% in the six weeks to 8/03/2020; spiked by 21.4% in the four weeks to 5/04/2020, then dropped -2.9% in the four weeks to 3/05/2020.
In the four weeks to May 3, beer sales were down -5.5%, wine sales were down 3.3%. Spirits bucked the trend, rising 0.3%, due to growth in gin and, to a lesser extent, liqueurs.
At-home cocktail trend
According to IRI, retail off-premise sales indicate the development of a cocktail-at-home drinking culture.
Suppliers agree - Tom Spaven, brand director at Bombay Sapphire, told CNBC: “We’ve seen rises in (people making) really simple, two to three ingredient cocktails, anything from the negroni (to) the classic martini … and we’ve seen a significant rise in sales of premium mixers.”
“People are exploring new hobbies and activities — whether that’s crafts, baking, or taking time to recreate their favorite cocktail recipes at home or host a virtual cocktail hour with friends,” a Diageo spokesperson added.
Top 5 at-home cocktails
According to Google Trends, these are the top 5 cocktail recipes searches in Australia over the past 90 days:
- Martini
- Margarita
- Mojito
- Pina colada
- Espresso martini
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