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Why 2024 is proving to be a sobering experience for the alcohol industry in the US – Market Intel

Brandy Rand
Last updated: 22/07/2024 at 12:27 PM
By Brandy Rand
22 July 2024
18 Min Read

Driven by changing consumer behaviour – and a host of economic, social and political issues – the winds of change are blowing through the beverage alcohol industry in the US.


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Read any recent headline on the state of the beverage alcohol market in the US and you’ll encounter recurring terms that could fill a bingo card: “challenging”, “headwinds”, “slowdown”, “cautious” and “tough comparables”.After a disappointing 2023 that saw a dip in volumes across beer, wine and even spirits, the first half of this year has shown little improvement. Sobering statistics across multiple data sources point to a softening of growth and downtrading amid increased promotional activity.The world’s most dynamic and profitable alcohol market is facing an

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Brandy Rand
ByBrandy Rand
Brandy Rand spent seven years with IWSR Drinks Market Analysis, rising to the role of global chief strategy officer. She is currently the VP & market leader of the Hospitality Group at Questex, a global B2B events and media company.
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