Alcoholic Drink Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Alcoholic Drink Industry

Global Alcoholic Drink Trends in 2024

Alcoholic Drink is part of Beverage and includes a number of sub-sectors such as Beer, Spirits and Wine. You may also be interested in Soft Drink.

Global consumption of alcoholic drinks is projected to hit approximately 21,520 thousand metric tons by 2028, a modest increase from around 21,430 thousand metric tons in 2023. This equates to a growth rate of 0.1% annually. However, since 2019, global demand for alcoholic beverages has decreased by 0.2% each year. Despite this overall decline, certain countries have shown significant changes in their consumption patterns. In 2023, China led the pack, consuming roughly 8,030 thousand metric tons of alcoholic drinks, making it the top consumer globally. Trailing behind were India, Japan, and Russia, which secured the second, third, and fourth positions respectively in the global rankings. Among notable changes, Canada saw a remarkable 24.6% year-on-year increase in its alcoholic drink consumption. In stark contrast, Gabon experienced a significant decline, with consumption dropping by 12.9% annually since 2019.

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Top 10 countries

In 2024 major markets in the Alcoholic Drink Industry were:

World Alcoholic Drink Market Data and Forecasts

How big is the Alcoholic Drink industry in 2024

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How much the Alcoholic Drink industry is expected to grow to 2028?

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Global Alcoholic Drink Statistics

Global Alcoholic Drink Industry Database