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Drinks

Global Alcohol Consumption Declines 1.6% In 2018, Study Finds

IWSR data for the global alcohol industry shows that consumption stood at 27.6 billion nine-litre cases in 2018, a 1.6% decrease compared to the previous year.

The spirits market showed growth in the period, while beer and wine volumes were down, the study found.

The overall alcohol market is expected to grow by around 3% over the next five years, reaching 28.5 billion cases by 2023.

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