Spending on alcohol rose slightly in 2023, but most of the sales growth came from Modelo beer, canned drinks, tequila, whiskey and non-alcoholic options – trends likely to continue in 2024.

The trend, to be led by the United States, is expected to grow by $4 billion by 2028 in the firm’s forecast. Non-alcoholic drinks are even “skewing younger than the core buyer demographic ...

For one thing, Lilley said, alcoholic drinks are subject to taxes. A 2021 report from the drinking culture website Punch estimated that 10% of a cocktail’s cost in many U.S. cities goes toward ...

DOH poll: 4 in 10 Filipino adults drink alcohol, 15% smoke tobacco products. Philstar.com. August 17, 2021 | 10:41am. Photo taken November 20, 2019 shows a vape shop owner takes a puff in Manila.