We May Have Already Hit Peak Booze

Wine consumption fell to a critically low level in 2024 after more than 60 years. What could be behind it? Are the alcohol consumption habits of generations changing? Is wine too expensive compared to other alcohols, or has the supply decreased? In our article, we give some reasonable explanations for what has changed in wine consumption in recent times.

We May Have Already Hit Peak Booze

A habit as old as civilization is fading from our society.

A Vice No More? Packworks Data Reveals Filipinos Cutting Back on Cigarettes and Alcohol

Despite their long-standing reputation as recession- and inflation-proof staples, cigarettes and alcohol are seeing cracks in their resilience—at least at the sari-sari store level.

NielsenIQ's most recent report showed a negative 0.3% change in mass consumption during the last period compared to the same period last year. According to the study, drinks were the only group with a generalised contraction, with a decrease of 2.7%. Within this segment, alcoholics declined by 10%, while non-alcoholic women recorded a slight increase of 0.5%.In food, the variation was positive: they grew by 0.5% on average, driven mainly by non-…

Americans Cut Back on Alcohol as Consumption Trends Shift

A third of Americans reported drinking less alcohol in 2024, with significant state-by-state variations and a notable decline among younger generations, according to recent research. The post Americans Cut Back on Alcohol as Consumption Trends Shift appeared first on Psychreg.

The world has hit 'peak booze' - TechCentral

Humanity has passed a remarkable milestone: alcohol consumption has gone into possibly permanent decline.