SEOUL -- Backed by the skyrocketing popularity of foreign alcoholic drinks among young consumers in their 20s and 30s, imports of liquors and alcoholic beverages have increased by 54 percent since 2018. Meanwhile, exports of South Korean products only increased by two percent in the same period.
People in the U.S. are drinking less alcohol than they used to, but when they do indulge, they're more likely than ever to opt for a beverage originating from Mexico.
To combat alcohol-related harm, the government is focusing on supporting individuals to reduce their alcohol intake.
One approach is promoting the substitution of standard alcoholic beverages with 'NoLo' (no or low-alcohol) alternatives.
Research indicates that the key strategies to encourage this substitution involve addressing pricing, availability and clear labelling of such products.
In 2019, the US Supreme Court seemed to open the floodgates for retail stores to ship wine to out-of-state customers. But lower courts have been ignoring its decision ever since, and SCOTUS has declined three requests from shipping advocates to take up the issue again.
Total Control States spirits sales 9L volume grew by +3.2% over August last year and +4.9% in $Vol showing a resultant +1.7% price mix.
The rolling 12-month 9L volume results improved at +0.8% and +3.7% in $Vol.
A recent study published in the Journal of Adolescent Health reveals that adolescents whose parents regularly drink or engage in binge drinking are four times more likely to drink themselves. Binge drinking is defined as consuming at least four drinks for women and five drinks for men on a single occasion.
The Alabama Alcoholic Beverage Control Board could increase by up to $5 million a year its rent for a new, central warehouse and still see an increase in liquor tax profits paid to state and local governments, ABC Administrator Curtis Stewart said Wednesday.
As craft breweries close, beverage consultant Max Johnson of BevSource expects to see some of them replaced with companies that make spirits and canned cocktails and have their own kind of taproom.
Manitoba Progressive Conservatives say they will reintroduce private liquor sales legislation if they get re-elected on Oct. 3.
Kevin Klein, the PC candidate for Kirkfield Park, promised on Sunday to revive plans to allow alcohol to be sold in a wider variety of places, including privately-owned retail stores.
Competition for shelf space, health conscious consumers, consolidation and a wider variety of alcoholic beverages on the market have combined to drive down craft beer sales in Oregon and around the country.