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Although last year’s domestic alcohol sales were pretty grim, most are referring to 2023 as a reset year for the U.S. alcohol industry. Consequently, this marks the first year in nearly 30 years that the industry saw a slip in spirits, beer, and wine sales. The future of the U.S. The future of the U.S.
The non-alcoholic drinks space has exploded in the past five years, with overall volumes swelling 20 percent in 2023 alone. But while Gen Z (at least those of age to drink) is often touted as the age group most excited about alcohol-free options, it’s a different generation driving the category’s growth.
It’s safe to say that the craft beer boom has now reached nearly every corner of the globe. This year’s list of the best beer destinations recognizes cities with up-and-coming craft scenes, many of which have exploded in recent years. Head to the taproom for crisp, low-ABV brews marked by notes of tropical fruits and citrus.
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. - Amulya Pandit Senior Consultant – Euromonitor International In 2023, the alcoholic drinks market in India reached 6.7 This consumption pattern contrasts with most other countries, where beer is typically the dominant choice. of the alcoholic drinks market in the same year. billion litres, reflecting a 7.5%
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