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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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Best Red Blend Wine Brands

Liquorista

Red blend Wine originated from the innovation of new complexities from the traditional red wine formulas by creating an entirely new mixture containing multiple grape varieties. This wine also has an ageability of 2025–2035. It contains the classic style of Mouton with intense black-currant fruits from 81% Cabernet Sauvignon.

Wine 52
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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.

Liquor 64