The State of the Booze Business: What Does the Future Hold?
Booze Business
JULY 9, 2024
Overall, 33% of Americans said they had spent $50 or more on a bottle of alcohol in 2022, against just 24% in 2021. However, the 7% growth is a drop on the 11% CAGR prediction estimated for 2022 to 2026.” In addition, the longstanding idea of “drinking less but drinking better” continues to apply. in 2022 to 3.9%
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