Diageo Market Research Report
Company Overview
- Name: Diageo
- Mission: Committed to being one of the world's best-performing, most trusted, and respected consumer products companies.
- Founded: 1997
- Founders: Formed through the merger of Grand Metropolitan and Guinness
- Key People:
- Javier Ferrán, Chair
- Debra Crew, Chief Executive
- Nik Jhangiani, Chief Financial Officer
- Headquarters: 16 Great Marlborough Street, London, W1, UK
- Number of Employees: Over 30,000 globally
- Revenue: No information is available
- Core Competency: Global leader in beverage alcohol, known for its diverse portfolio spanning spirits and beer products.
Products
Brands Offered
1. Johnnie Walker
- Best-selling Scotch whisky globally.
2. Guinness
- World-leading stout beer and iconic brand.
3. Tanqueray
- The number one premium gin worldwide.
4. Smirnoff
- World's leading vodka brand.
5. Baileys
- Best-selling cream liqueur globally.
6. Captain Morgan
- Premium spirit made with Caribbean rums.
7. Crown Royal
- Expertly blended Canadian whisky.
8. Don Julio
- The world’s first luxury tequila.
9. CÎROC
- Modern luxury vodka from French grapes.
10. Buchanan's
- Scotch whisky with historical roots since 1884.
11. Casamigos
- Small batch, ultra-premium tequila.
12. Ketel One
- Exceptionally crafted super-premium vodka.
Recent Developments
Innovations and Partnerships
- Breakthrough Innovation Team: Established to shape innovation beyond new products.
- Diageo Luxury Group: Created to consolidate global luxury spirits and experiences.
- Johnnie Walker's AI-powered design: Launched with Andy Gellenberg.
- Smirnoff 0.0 and DRINKiQ Initiative: A significant push towards moderation messages, reaching 1 billion people.
- Don Julio’s immersive Apple Vision Pro experience: Expanding beyond traditional product offerings.
Recent Product Launches
- Captain Morgan Spiced Gold 0.0%: First alcohol-free dark spirit from Diageo.
- Tanqueray No. TEN bartender residencies: Seasonal global showcases for exceptional cocktails.
- Cîroc Limonata Limited Edition: Released in North America and Europe.
Partnerships
- Guinness and Premier League: A marketing collaboration that signifies global engagement.
- Sustainable Initiatives with DHL: Deployment of hydrogen fuel cell trucks enhancing eco-friendly distribution.
- Expansion into non-alcoholic options: Acquisition of Ritual Zero Proof to solidify leadership in the no/low alcohol market.
Strategic Goals
Growth Ambition
- Achieving TBA Share: Targeting a market share increase to 6% by 2030 through operational excellence and innovative brand leverage.
- Consumer Trend Adoption: Focus on premiumisation, moderation, and emerging markets.
- Spirit of Progress: A 10-year ESG plan aiming for inclusion, diversity, and sustainable operations.
Global Footprint
- Market Presence: Active in nearly 180 countries with a strategic focus on growth sectors like tequila and scotch.
- Production Sites: 132 globally, integrating local sourcing and sustainable production practices.
Sustainability Initiatives
- Water Conservation Efforts: Activities in the Godavari Basin, India.
- Carbon Neutrality Goals: Plans for carbon-neutral distilleries in Kentucky and China.
- Packaging Innovations: Objective for 100% recyclable packaging by 2030.
By implementing these strategic initiatives, Diageo aims to maintain its trajectory as a global leader in the beverage alcohol market, driving sustainable growth and market innovation.