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The rapid growth of the ready to drink market is being seen as a lane of opportunity for Angostura in both the local and regional market.
Chairman Ian Forbes said this was the rationale behind the introduction of Angostura® Cubata a Spiced Rum and Cola beverage.
"The market trends that went into considering the development of this product would have been the fact that you're ready to drink alcohol category continues to experience accelerated growth, driven by convenience, experimentation and lifestyle driven consumption. Within what we consider to be an expanding space in the drinks industry, rum based RTDs or ready to drink emerging as a high potential along with traditional spirit craftsmanship, with casual undergo consumption habits of younger consumers," Forbes said at a press conference to unveil the Cubata at the House of Angostura on Tuesday.
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