In 2023, the volume per capita for alcoholic beverages in the US stood at [insert 2023 value]. The forecasted data for the alcoholic beverages market size volume per capita in kilograms from 2024 to 2028 shows a declining trend:
Year-on-year variations:
- 2024 to 2025: -0.64%
- 2025 to 2026: -0.64%
- 2026 to 2027: -0.63%
- 2027 to 2028: -0.62%
Looking at the compound annual growth rate (CAGR) from 2024 to 2028, we observe an average yearly decline of -0.63%.
Future trends to watch for include shifting consumer preferences towards low or non-alcoholic beverages, the impact of health and wellness trends on alcohol consumption, and potential regulatory changes affecting the market.