Total Beverage Alcohol Spending Continues Growth: +3.8% through August 2016
For twelve months ending August, the bw166 Total Beverage Alcohol Overview shows total consumer spending on beverage alcohol at $229.8 billion, an increase of 3.8% and a slight deceleration from the growth through July. The bw166 Total Beverage Alcohol Index, the standard in measuring overall consumption, stands at 119.5, a 1.3% increase over the prior twelve months.
Beer volumes entering the market are up 1.06% over twelve months and up 0.79% over three months. This is a slight deceleration from the results through July.
Wine volumes (including Cider, which is not materially impacting trends) entering the market are up 3.4% over twelve months but show a -1.9% decrease over three months. This is also a deceleration versus the results from July.
Spirits volumes entering the market are up 1.5% over twelve months but show a -0.57% decline over three months. This is a slight slowing of the Spirits market versus results through July.
The bw166 Total Beverage Alcohol Overview Report tracks all tax paid shipments into the US market including domestic products, packaged imports and bulk imports. The reports also track total consumer spending on beverage alcohol in both the on and off premise channels. Subscribe now to receive the most complete view of the total beverage alcohol market.