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.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!