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On the less exciting end of the Olympic milestone spectrum, this will be the second Summer Games in a row where alcohol won’t be available for sale or purchase at stadium venues, following 2021’s events in Tokyo. Corona Cero will also serve as the International Olympic Committee’s global beer sponsor in 2026 and 2028.
By 2028, this market is expected to reach a value of US$87.74 They are Blanco (Silver), which is an unaged tequila that is bottled immediately after distillation. For El Cristiano, the elegant, artisanal bottle design has successfully attracted discerning consumers.” percent,” asserts Pranav.
Younger demographics like Gen Z and millennials are increasingly opting to spend more per bottle on spirits at retail, even though they claim to be drinking less overall. Over the past two decades, we’ve witnessed increased premiumization across all categories and styles of alcohol. According to data and analytics company IWSR , U.S.
Amulya Pandit Senior Consultant – Euromonitor International In 2023, the alcoholic drinks market in India reached 6.7 of the alcoholic drinks market in the same year. On the surface, whisky consumption in India in the past was largely driven by rural consumers and the way alcoholic drinks are taxed in India.
Now, there are thousands and the industry is expected to continue growing by nearly 10 percent year-over-year until 2028. Cargo Brewery also produces lagers, pilsners, IPAs, and ales, and this year plans to open a beer hall that will serve as an events space and production venue for beer, spirits, and non-alcoholic drinks.
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