2017 Alcohol Consumption Decline Reverses

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According to data released by the IWSR, total alcohol consumption around the globe has increased in 2017 compared to 2016.

The slight increase of 0.01 per cent follows a decline of -1.25 per cent in 2016, so any growth is positive for the industry.

The largest increase in global volume consumption was attributed to wine followed by cider while spirits, beer and mixed drinks consumption declined.

The fastest growing regions for spirits according to the date are Asia Pacific and the Americas. The increase in Baijiu consumption in China is one of the main contributors to this growth, with whisky also proving popular in the region.

For more information visit: https://www.theshout.com.au/news/global-alcohol-consumption-reverses-decline-in-2017/