As of October 2020, the wine market in Australia saw a 52 percent increase in the growth of premium and super premium price tiered products. The beer market saw a 35 percent increase in growth of these price tiers.
Acceleration of premium brand growth in Australia as of October 2020, by beverage category
Premium tiered products refer to those priced 25 to 50 percent higher than the category average. Super premium products are priced more than 50 percent higher than the category average.
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IRI. (November 25, 2020). Acceleration of premium brand growth in Australia as of October 2020, by beverage category [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1258446/australia-acceleration-of-premium-brand-growth-by-beverage/
IRI. "Acceleration of premium brand growth in Australia as of October 2020, by beverage category." Chart. November 25, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1258446/australia-acceleration-of-premium-brand-growth-by-beverage/
IRI. (2020). Acceleration of premium brand growth in Australia as of October 2020, by beverage category. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1258446/australia-acceleration-of-premium-brand-growth-by-beverage/
IRI. "Acceleration of Premium Brand Growth in Australia as of October 2020, by Beverage Category." Statista, Statista Inc., 25 Nov 2020, https://www.statista.com/statistics/1258446/australia-acceleration-of-premium-brand-growth-by-beverage/
IRI, Acceleration of premium brand growth in Australia as of October 2020, by beverage category Statista, https://www.statista.com/statistics/1258446/australia-acceleration-of-premium-brand-growth-by-beverage/ (last visited December 22, 2024)
Acceleration of premium brand growth in Australia as of October 2020, by beverage category [Graph], IRI, November 25, 2020. [Online]. Available: https://www.statista.com/statistics/1258446/australia-acceleration-of-premium-brand-growth-by-beverage/