American Wine Consumption Drops for First Time in 25 Years
- 4 years ago
American Wine Consumption Drops for First Time in 25 Years A new report from industry group
IWSR highlighted the decline. Beer sales have been falling
for the past four years, with
a 2.3 percent drop last year. The decrease comes as more people
consume spirits and ready-to-drink
beverages, such as spiked seltzers. Sales in the hard seltzer industry
increased by 50 percent last year.
The industry is now worth $8 billion. Broader trends of health consciousness
seem to be driving consumers towards
lower calorie drinks, such as spiked seltzers.
IWSR highlighted the decline. Beer sales have been falling
for the past four years, with
a 2.3 percent drop last year. The decrease comes as more people
consume spirits and ready-to-drink
beverages, such as spiked seltzers. Sales in the hard seltzer industry
increased by 50 percent last year.
The industry is now worth $8 billion. Broader trends of health consciousness
seem to be driving consumers towards
lower calorie drinks, such as spiked seltzers.