Key Takeaways
- The global alcoholic beverages market size was valued at USD 1,693.54 billion in 2023 and is projected to grow at a CAGR of 10.4% from 2024 to 2030.
- U.S. beer industry economic impact reached $391 billion in 2022, supporting 1.6 million jobs.
- Global spirits market revenue amounted to $582 billion in 2023, with whiskey leading at 28% share.
- Worldwide beer production volume was 1.92 billion hectoliters in 2022.
- U.S. adults aged 21+ consumed 6.5 billion cases of beer in 2022.
- Global per capita alcohol consumption averaged 5.5 liters of pure alcohol in 2019.
- U.S. beer production totaled 170.8 million barrels in 2022.
- Global distillery capacity for spirits exceeded 50 billion liters annually in 2023.
- U.S. craft distilleries numbered 2,687 in 2023, producing 10 million cases.
- U.S. Millennials represent 36% of wine consumers, purchasing 42% of wine volume.
- Gen Z (21-24) in U.S. has 20% lower alcohol consumption rate than previous generations.
- Women account for 45% of U.S. spirits buyers, up from 38% in 2018.
- Alcohol-attributable deaths worldwide totaled 2.6 million in 2019.
- U.S. federal excise tax on distilled spirits is $13.50 per proof gallon as of 2023.
- 13.5% of U.S. adults had alcohol use disorder in 2022.
The alcohol industry is enormous and growing, driven by premium and non-alcoholic trends.
Consumer Demographics and Trends
- U.S. Millennials represent 36% of wine consumers, purchasing 42% of wine volume.
- Gen Z (21-24) in U.S. has 20% lower alcohol consumption rate than previous generations.
- Women account for 45% of U.S. spirits buyers, up from 38% in 2018.
- 62% of U.S. beer drinkers are aged 21-34, driving craft beer trends.
- Hispanic consumers in U.S. represent 20% of total alcohol market spend.
- 55% of global premium wine consumers are under 40 years old.
- U.S. Black consumers prefer flavored spirits at 35% higher rate than average.
- 70% of U.K. gin consumers are female.
- Boomers (55+) hold 28% share of U.S. wine consumption volume.
- Urban consumers drive 60% of RTD alcohol purchases globally.
- 48% of U.S. legal drinkers participate in Dry January annually.
- Asian-Americans over-index on sake and soju consumption by 300%.
- 65% of craft beer enthusiasts have college degrees.
- Female consumers grew to 52% of total U.S. hard seltzer market.
- Income over $100k households buy 40% more premium spirits.
- 75% of U.S. non-alcoholic beverage triers are former moderate drinkers aged 25-44.
- Rural U.S. consumers prefer domestic beer at 65% higher rate.
- LGBTQ+ consumers over-index on flavored vodka by 25%.
- 58% of French wine consumers are over 50.
- Global moderate drinkers (1-14 drinks/week) comprise 70% of adults.
Consumer Demographics and Trends Interpretation
Consumption Patterns
- Worldwide beer production volume was 1.92 billion hectoliters in 2022.
- U.S. adults aged 21+ consumed 6.5 billion cases of beer in 2022.
- Global per capita alcohol consumption averaged 5.5 liters of pure alcohol in 2019.
- U.S. spirits consumption reached 9.7 billion 9-liter cases in 2022.
- Wine consumption in France was 42.7 liters per capita in 2022.
- Global RTD cocktail consumption grew 12% in volume in 2023.
- U.S. light beer accounted for 42% of total beer consumption in 2023.
- Vodka was the top consumed spirit globally with 3.3 billion liters in 2022.
- Per capita beer consumption in Czech Republic was 188 liters in 2022.
- U.K. off-trade alcohol consumption share rose to 68% in 2023 due to inflation.
- Global hard seltzer consumption hit 1.2 billion liters in 2023.
- U.S. wine consumption volume was 943 million cases in 2022.
- Tequila consumption in U.S. grew 12% to 47 million 9-liter cases in 2023.
- Global gin consumption volume increased 4% to 880 million liters in 2023.
- Per capita spirits consumption in Russia was 7.2 liters pure alcohol in 2022.
- U.S. at-home alcohol consumption value reached $160 billion in 2023.
- Low-alcohol beer consumption in Europe rose 15% in 2023.
- Global rum consumption was 1.4 billion liters in 2022.
- U.S. Gen Z alcohol consumption frequency declined 20% since 2013.
Consumption Patterns Interpretation
Health, Safety, and Regulations
- Alcohol-attributable deaths worldwide totaled 2.6 million in 2019.
- U.S. federal excise tax on distilled spirits is $13.50 per proof gallon as of 2023.
- 13.5% of U.S. adults had alcohol use disorder in 2022.
- EU minimum unit pricing for alcohol implemented in Scotland reduced consumption 7%.
- Global advertising spend ban on alcohol affects 50 countries.
- U.S. DUI arrests totaled 505,000 in 2022.
- WHO recommends no more than 2 drinks/day for men, 1 for women.
- U.S. TTB approved 45,000+ label applications in 2023.
- Alcohol linked to 5.3% of all global cancer deaths in 2020.
- California minimum drinking age enforcement saved 28,000 lives since 1975.
- Global illicit alcohol trade volume estimated at 25% of total market.
- U.S. states with Sunday sales bans reduced sales by 4-16%.
- Heavy episodic drinking prevalence among adults is 22.3% globally.
- FDA warning labels on alcohol proposed in 2023 for health risks.
- U.K. alcohol-specific deaths reached 10,473 in 2022.
- Brazil zero-tolerance BAC for drivers under 21 since 2008.
- U.S. alcohol poisoning deaths averaged 2,200 annually 2018-2021.
- EU alcohol taxes generate €25 billion annually.
- 400,000+ U.S. babies born with FASD annually linked to prenatal alcohol.
Health, Safety, and Regulations Interpretation
Market Size and Growth
- The global alcoholic beverages market size was valued at USD 1,693.54 billion in 2023 and is projected to grow at a CAGR of 10.4% from 2024 to 2030.
- U.S. beer industry economic impact reached $391 billion in 2022, supporting 1.6 million jobs.
- Global spirits market revenue amounted to $582 billion in 2023, with whiskey leading at 28% share.
- Wine market worldwide generated $350 billion in revenue in 2023, expected to reach $456 billion by 2028.
- U.S. distilled spirits industry contributed $297 billion to GDP in 2022, with $59 billion in taxes.
- Global ready-to-drink (RTD) alcohol market valued at $28.52 billion in 2022, projected to hit $43.5 billion by 2028 at CAGR 7.3%.
- European Union alcoholic beverages market turnover was €110 billion in 2022.
- Craft beer segment in U.S. generated $28.9 billion in retail sales in 2022.
- Global low/no-alcohol beer market expected to grow from $10.2 billion in 2022 to $20 billion by 2030.
- Asia-Pacific alcoholic drinks market size was $789.5 billion in 2023, fastest growing region at 11.2% CAGR.
- U.S. wine industry economic contribution was $279 billion in 2022, supporting 1.9 million jobs.
- Global cider market revenue reached $18.5 billion in 2023.
- Brazilian beer market valued at $40 billion in 2023, largest in Latin America.
- Premiumization trend drove 15% growth in global premium spirits sales in 2023.
- U.S. total beverage alcohol sales volume declined 2% in 2023 but value grew 1.5% to $280 billion.
- Global mead market projected to grow from $5.4 billion in 2023 to $10.2 billion by 2032 at 7.2% CAGR.
- Chinese baijiu market revenue hit $150 billion in 2023.
- U.K. gin market value reached £4.7 billion in 2023.
- Global non-alcoholic spirits market size was $241 million in 2023, expected to reach $1.2 billion by 2032.
- Australian wine exports valued at AUD 2.64 billion in 2023.
Market Size and Growth Interpretation
Production and Supply Chain
- U.S. beer production totaled 170.8 million barrels in 2022.
- Global distillery capacity for spirits exceeded 50 billion liters annually in 2023.
- U.S. craft distilleries numbered 2,687 in 2023, producing 10 million cases.
- World malt barley production for brewing was 45 million tons in 2023/24.
- France produced 48 million hectoliters of wine in 2023.
- U.S. spirits production volume hit 250 million proof gallons in 2022.
- Global hops production reached 150,000 metric tons in 2023.
- Italy wine production volume was 38.3 million hectoliters in 2023.
- U.S. number of breweries reached 9,730 in 2023.
- Brazil produced 149 million hectoliters of beer in 2023.
- Global glass bottle production for beverages was 60 billion units in 2023.
- U.S. wine grape crush totaled 7.6 million tons in 2023.
- China baijiu production volume was 7.2 million kiloliters in 2022.
- U.K. number of distilleries grew to 430 in 2023.
- Australia produced 12.3 million hectoliters of wine in 2023.
- Global cane sugar production for rum was 180 million tons in 2023.
- U.S. craft spirits production grew 18% to 11.4 million cases in 2023.
- Mexico tequila agave harvest was 2.1 million tons in 2023.
- Germany beer production volume was 79 million hectoliters in 2023.
Production and Supply Chain Interpretation
Sources & References
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