Business
Breezer Ventures' and Magnum Finest Spirits Discuss the Alcohol Drinks Industry as it Relates to its Exclusive Magnum 1770 Branded Spirits in it's Innovative BiB (Bag in Box) Packaging
Breezer Ventures' and Magnum Finest Spirits Discuss the Alcohol Drinks Industry as it Relates to its Exclusive Magnum 1770 Branded Spirits in it's Innovative BiB (Bag in Box) Packaging.
About this update from Breezer Ventures, Inc.
[{"type":"text","content":"Breezer Ventures Inc., along with its wholly owned subsidiary, Magnum Finest Spirits Inc., discusses how industry trends affects Magnum's opportunity and development.LAS VEGAS, NV / ACCESSWIRE / August 10, 2023 /Breezer Ventures Inc. (the company or Breezer) (OTC::BRZV) is reporting on the state of the $1.6 Trillion Global Alcohol Drinks Industry with respect to how it affects Magnum's products. (estimate for 2023, was $1.45 Trillion in 2021, $1 Trillion = 12 zeros)Breezer and Magnum's goal is to capture a significant piece of the market using centuries old distilling techniques, and effective marketing, to create a long term relationship between the consumer and the Magnum 1770 brand.Liquor companies that have achieved this level of success were rewarded handsomely by buyouts from Global Alcohol Distribution Conglomerates like Diageo.\"Actor Ryan Reynolds Sells Aviation Gin Brand For A Reported $610 Million\"\"Jay-Z cashes-in as Armand de Brignac champagne deal valued at $630 Million\".\"George Clooney Sells Casamigos Tequila for $1 Billion!\"\"Bethenny Frankel sold her Skinny Girl line for $120 million.\"What these numbers show are that the value in a successful liquor company is measured internationally, as these brands translate globally. Unfortunately, many of these companies are private corporations, with no opportunity for investment from the general population.Breezer and Magnum's management are looking forward to see what kind of a deal Dwayne \"The Rock\" Johnson's Teremana tequila receives, potentially another 9 figure deal!In Spirits, the expected growth rate through 2026 is a strong 5.9%. In the alcohol drinks industry, population growth is the main driver of the market. Global population growth is expected to reach 10 billion by 2050.Is the Spirits Industry Recession Proof? During the pandemic and recession that followed, the spirits industry showed consumption was consistent, if not growing.That certainly cannot be said about most of the housing, tech, automotive or airline industries. According to analysis by Goldman Sachs, spirits and beer volumes have shown little correlation to economic growth. Even during economic downturns, consumers choose to drink at home, at less expense than going out to bars and restaurants. They also commonly pick more affordable brands when they need to. Price to quality, or perceived...