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The State of the Booze Business: What Does the Future Hold?

Booze Business

This shift is reflected in the market with beer sales stagnating, wine offering alcohol-free alternatives, and spirits brands introducing non-alcohol versions of cocktails. However, the 7% growth is a drop on the 11% CAGR prediction estimated for 2022 to 2026.” This would result in e-commerce’s TBA share increasing from 3.2%

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IWSR Report: U.S. Alcohol Market Set to Regain Footing After ‘Reset Year’

VinePair

Consequently, this marks the first year in nearly 30 years that the industry saw a slip in spirits, beer, and wine sales. High inventory levels are expected to persist into 2024 and potentially beyond, with normalization now not expected until 2025 or early 2026,” says president of the U.S. division at IWSR Marten Lodewijks.

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