Remove 2032 Remove Beer Remove Infusions
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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. The functional beverage market is projected to reach $261 billion by 2032, with a CAGR of 6.5%. billion in annual sales by 2032.

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Could Now Be the Time for Baijiu to Shine?

VinePair

percent year-over-year until 2032. “The The cocktail combines Ming River baijiu and Cocchi Barolo Chinato — both of which feature a bitter bayberry and goji berry infusion — with bourbon, lychee black tea, and a bayberry chocolate garnish. In 2023, Impact Databank estimates that mezcal exports to the U.S.

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