Alcoholic beverage sales in the U S. 2022

how much money is spent on alcohol each year

These data show how much and how often people binge drink in the United States, and its high costs to our nation. Discover how many people with alcohol use disorder in the United States receive treatment across age groups and demographics. Find out how many people have alcohol use disorder in the United States across age groups and demographics.

Alcohol Consumption In The US In Saw Its Most Significant Volume Gain In Almost Two Decades

“People are eager to try new brands, especially those that offer a unique or interesting flavor. While this is particularly prevalent with RTDs, we’re also seeing significant growth in flavors in beer and spirits as well.” With each new year comes a new set of alcohol beverage consumption statistics, trends, and predictions. As in years past, this article summarizes data from several sources to help readers understand what is happening in the alcoholic beverage space.

  1. Instead, there has been a shift to lesser-known regions, including Santa Barbara, California, the Canary Islands and Gredos in Spain, Corsica, Slovenia, and Switzerland.
  2. Furthermore, while multi-cultural consumers (African American, Hispanic, Asian, and Others) accounted for 37% of those of legal drinking age, they accounted for 39% of the beer volume and 41% of the spirits volume consumer, but only for 33% of wine volume consumed.
  3. IWSR indicates that “RTD growth has slowed due to a highly saturated hard seltzer segment.”
  4. Use this calculator to figure out your average spending on alcohol per week, month, and year.

While trends generally indicate an increased interest and purchasing of premium-priced alcoholic beverages, there is evidence that younger consumers are particularly interested in trading up. The lockdowns and closures helped ensure that the beer market continued its annual volume decline finishing the year down -2.8%. While the domestic beer category finished the year down -4.4%, the import side continues to attract consumers finishing the year up 3.1%. This led to imported beer finishing the year at a market share of 21.8%, up +1.2% from 2019.

Alcoholic Beverage Consumption Statistics and Trends 2022

how much money is spent on alcohol each year

While 66% of beer sales were attributed to “large, non-craft domestic” companies in 2021, imports accounted for 21% and craft beer at 13%. The beer category (excluding hard seltzers and flavored alcohol beverages) is “expected to decrease by volume through 2025;” however, craft beer volumes are “expected to increase.” In fact, according to one source quoted in the article, rose, white, and sparkling wines are outpacing red wines.

One of the main items highlighted in the report is the rapid ascension of the RTD market, poised to solution based treatment and detox become the second-largest alcohol category in the US in terms of volume consumption by 2021. RTDs grew +62.3% by volume in 2020, led by hard seltzers, which grew +130%. Hard seltzers represent a 56.7% share of the total RTD category in the US, followed by flavored alcoholic beverages (FABs) (25.9% share) and ready-to-drink cocktails/long drinks (6.9%). This interactive map shows the annual average alcohol consumption of alcohol, expressed per person aged 15 years or older. To account for the differences in alcohol content of different alcoholic drinks (e.g., beer, wine, spirits), this is reported in liters of pure alcohol per year.

Alcoholic Beverage Consumption Statistics and Trends 2023

While not exclusive to RTDs, according to Flavorman.com, 2022 beverage trends will be based on “the long-term effects of an ongoing pandemic…focusing on celebrating life’s simple pleasures while striving for balance.” Aside from age range, who was more likely to select beer as their beverage of choice? Compared to their counterparts, those with an annual household income of less than $50,000 (48%), males (53%), as well as those with a high school level of education or less (52%). As a Premium user you get access to the detailed source references and background information about this statistic. Hop water is a “carbonated beverage made with hops,” which “tastes a lot like beer, but contains zero alcohol, as well as zero calories, carbs, sugar or gluten.” Last fall, Wine Opinions’ consumer panel members were asked to indicate a) “the varietals they use to buy often, but no buy seldom, if ever” and b) “any varieties they now buy often, but used to buy infrequently, if ever.” Some of the net positive and negative changes reported are below.

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Heavy episodic drinking is defined as the proportion of adult drinkers who have had at least 60 grams or more of pure alcohol on at least one occasion in the past 30 days. An intake of 60 grams of pure alcohol is approximately equal to 6 standard alcoholic drinks. As the map shows, the average per capita alcohol consumption varies widely globally. The leading driver of the upward trajectory was the sprits category which logged its biggest volume increase since 1990, finishing the year up a white-hot +4.6%. While vodka is still the top seller, it is projected to be overtaken by whisky by 2022.

With the change country feature, it is possible to view the same data for other countries. Sweden, for example, increased the share of wine consumption and, therefore, reduced the share of spirits. Global trends on alcohol abstinence show a mirror image of drinking prevalence data.

Despite tickets being cheaper, the number of passengers making journeys with local bus services was still about 10% lower in the year to March 2024 than the pre-COVID annual total to March 2020, across Great Britain. Research by Uswitch put the average number of calls from grandchildren to grandparents at 50 per year. They have been getting away with it for years, l know because l have been on the end of it just a few years ago over charging for luggage I’d already paid for before getting on the plane.

While not exactly a “flavor,” packs of multiple flavors were the most popular, followed by iced tea-flavored hard seltzers and black cherry. “Emerging” hard seltzer flavors include margarita, punch, and ranch water. IWSR indicates that “RTD growth has slowed due to a highly saturated hard seltzer segment.” Based on the 52 weeks ending November 5, 2022, off-premise hard cider sales decreased by 2.1%.

The term differs from net revenue, which is the remaining revenue after all deductions have been made. Spirits leadersWithin the spirits category, the biggest share of the supplier gross revenue belonged to high end spirits, with 33 percent of the gross revenue in 2023. In terms of net growth, value spirits gained the most, at 410 million dollars in gross revenue compared to the previous year.