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

Booze Business

Overall, 33% of Americans said they had spent $50 or more on a bottle of alcohol in 2022, against just 24% in 2021. The functional beverage market is projected to reach $261 billion by 2032, with a CAGR of 6.5%. billion in annual sales by 2032. Premiumization is most notable in spirits.

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Why the Mule Is the Ultimate Workhorse Cocktail

VinePair

British producer Fever-Tree Drinks became a household name at bars around the globe thanks to its posh bottled tonics, though it has recently trained much of its attention on its line of “Gingers.” billion by 2032, growing at a nice clip of over 3 percent annually, according to Future Market Insights. Fevertree’s U.S.

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Whiskey Around the World: Japanese Whisky

Chilled Magazine

billion by 2032. Hibiki Japanese Harmony Anniversary Edition Inspired by the brand’s relentless pursuit of quality, ingenuity and expressiveness, the bottle features a limited edition design, while the whisky itself boasts a honey-like sweetness with hints of candied orange peel and white chocolate.

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Best Red Blend Wine Brands

Liquorista

Viña Sastre 2006 Pesus (Ribera del Duero) For a bottle of wine, the Pesus represents the Spanish artistic perfection, with a blend of 80% Tempranillo, the Cabernet Sauvignon, along with other grapes. Drink through 2018–2032. With a finesse composition, it represents all that is requires a world-class wine and more.

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The Current State of THC Beverages

Dry Atlas

The cannabis beverage market is projected to reach $117 billion by 2032, reflecting a compound annual growth rate of 58% from 2024 to 2032. For example, I recently went to a local Total Wine & More and was in and out in under five minutes with my THC bevs—while also grabbing a bottle of wine for my wife.

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