Saturday, July 14, 2012

Intoxivation

A new market is producing a wave of innovation in an old industry

The drinks business is one of the world’s most conservative. Wine drinkers value ancient vintages. Regulars ask the barman for “the usual”. Brewers tussle mightily to increase their market share by a single percentage point. But none of this is true in emerging markets. There, drinkers have yet to become set in their ways, and innovation is rife.