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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. Overall, 33% of Americans said they had spent $50 or more on a bottle of alcohol in 2022, against just 24% in 2021. billion in annual sales by 2032.

Alcohol 246
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Why the Mule Is the Ultimate Workhorse Cocktail

VinePair

This bright concoction of ginger beer, vodka, lime and soda in its distinctive copper vessel might not garner the media love of its posher, pre-Prohibition counterparts — except perhaps that time word got out that it’s Oprah Winfrey’s favorite cocktail. The global ginger beer market is expected to reach $7.94 billion this year, up 7.6

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The Current State of THC Beverages

Dry Atlas

I was drinking more cannabis beverages (and non-alcoholic beers) and less alcohol. The cannabis beverage market is projected to reach $117 billion by 2032, reflecting a compound annual growth rate of 58% from 2024 to 2032. I loved it. I didn’t even intentionally quit drinking alcohol.

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