Decline Of Global Beverage Alcohol Consumption Accelerates

According to the IWSR's latest data release (2016), the consumption of alcoholic drinks is declining at an increasingly faster rate than has been previously reported by other data companies. For 2016, the IWSR reports that the global market for alcoholic drinks shrunk by -1.3%, compared with an average rate of just -0.3% in the previous five years. The reasons for the downward trend include a faster decline in beer, a reversal of trends for cider, and slowing growth for mixed drinks. For more information, or to download a free sample of the report, please visit: www.theiwsr.com/iwsr_global_trends_report.html