Top 10 Alcohol Industry Trends In 2023 Startus Insights 6 important alcohol industry trends (2024 2027). 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.
Top 10 Alcohol Industry Trends In 2023 Startus Insights Summary. inflation for beverage alcohol has been 6.3% over the last year, among the lowest across the store and far below the total food and beverage inflation rate of 13.2%. while premium spirits have lost some ground to value oriented premixed cocktails, consumers have raised a glass in growing support of premium beer and wine products. Alcoholic beverage consumption statistics and trends 2023. We’re also going to drink more sustainably and often in the meta verse. insights are organized into five overarching macro trends that will define the next year: pleasure revolution. 5 premiumisation drives growth of the rtd category. iwsr data shows that, globally, rtd value will rise at a cagr of 7% between 2022 and 2026, outpacing a volume cagr of 5%. this compares with a volume cagr of 14%, 2016 2021. the value growth reflects the recent strong performance of premium plus rtd products across key markets.
Alcohol Beverage Trends To Watch Out For In 2023 We’re also going to drink more sustainably and often in the meta verse. insights are organized into five overarching macro trends that will define the next year: pleasure revolution. 5 premiumisation drives growth of the rtd category. iwsr data shows that, globally, rtd value will rise at a cagr of 7% between 2022 and 2026, outpacing a volume cagr of 5%. this compares with a volume cagr of 14%, 2016 2021. the value growth reflects the recent strong performance of premium plus rtd products across key markets. July 6, 2023. as consumer preferences within beverage alcohol have shifted in recent years, research shows that premiumization, which has been a driving force for wine and spirits as of late, is one of just many trends impacting the future of these markets. like many other beverage categories, inflation has impacted sales within wine and spirits. Sipsource analyzed alcohol beverage prices supplied by the bureau of labor statistics from january through september 2020, and found that for alcohol sold by retailers to consume at home (“off premise”) has risen 2.9%, while alcohol sold at bars, restaurants, etc. (“on premise) has risen 5.8%. “it looks to me like on premise operators.
Alcohol Trends 2023 Key Factors Shaping The Industry This Year July 6, 2023. as consumer preferences within beverage alcohol have shifted in recent years, research shows that premiumization, which has been a driving force for wine and spirits as of late, is one of just many trends impacting the future of these markets. like many other beverage categories, inflation has impacted sales within wine and spirits. Sipsource analyzed alcohol beverage prices supplied by the bureau of labor statistics from january through september 2020, and found that for alcohol sold by retailers to consume at home (“off premise”) has risen 2.9%, while alcohol sold at bars, restaurants, etc. (“on premise) has risen 5.8%. “it looks to me like on premise operators.
Top 10 Alcohol Industry Trends In 2023 Startus Insights
Comments are closed.