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5 Alcohol Trends Shaping The Industry

5 Alcohol Trends Shaping The Industry Youtube
5 Alcohol Trends Shaping The Industry Youtube

5 Alcohol Trends Shaping The Industry Youtube In this presentation from bar convent berlin, spiros malandrakis, international head of research alcoholic drinks at euromonitor, discusses the top trends. Spirits revenue market share grew from 28.7% in 2000 to 42.1% in 2022, surpassing beer for the first time ever, according to the distilled spirits council of the united states. beer holds a 41.9%.

alcohol trends 2023 Key Factors shaping the Industry This Year
alcohol trends 2023 Key Factors shaping the Industry This Year

Alcohol Trends 2023 Key Factors Shaping The Industry This Year As of 2022, revenue in the alcoholic beverage segment reached $261.1 billion in the us. between 2022 and 2025, the market is expected to grow by another 10.51% per year. the majority of revenue, $111.5 billion, can be attributed to beer sales. from a global perspective, china has generated the highest revenue numbers with sales of $319.8 billion. 6 important alcohol industry trends (2024 2027). In 2023, several key trends are expected to shape the industry, from the continued rise of craft spirits and low alcohol beverages to the impact of sustainability and changing consumer preferences. The value of e commerce has increased by almost 43% in 2020 across 16 key markets (including the us, china, and japan), up from an increase of 12% in 2019. by 2025, e commerce is projected to represent about 6% of all off trade beverage alcohol volumes, compared to less than 2% in 2018. this rush towards online has blurred previously clear lines.

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