2014

Despite Bleak Economic News, 2008 Was a Positive Year for Beverage Alcohol Sales and Consumption

Just released: Full report on U.S. sales and consumption of 2008 distilled spirits, wine and beer and 2009 category forecasts.

NORWALK, Conn., March 30 /PRNewswire/ -- Overall consumption of distilled spirits, wine and beer rose in 2008, however, the rate of growth in each category was less than recent years, according to data in the Handbook Advance 2009 published by The Beverage Information Group. Last year's growth came from atypical segments within each beverage alcohol category, which is a direct result of the U.S. economic downturn.

The trend toward consumers trading up to premium brands, a key factor to growth in all three beverage alcohol segments over the past several years, was markedly slower last year. The growth spots in 2008 came from the off-premise consumption of value-priced spirits, beer and wine. Categories to take the largest hit in 2008 were imported beer and wine. Beer imports went from growing 12% in 2006 to 2.8% in 2007 to a 1.2% decline last year. Among the domestic categories, Lights remain a bright spot. In 2008, the category grew another 2.2% and now represents 51.8% of the entire beer market. Wine imports posted an aggregate decline of 1.7% in 2008 due to the effects of the recessionary environment, the weak value of the U.S. dollar and the grape surplus in Australia. While overall wine imports decreased, there were pockets of positive momentum among smaller importing countries like Argentina, Chile and New Zealand.

The Beverage Information Group's Handbook Advance delivers the beverage industry's earliest forecasts and the most comprehensive report on last year's sales and consumption of distilled spirits, wine and beer. Handbook Advance data shows which brands were up and which were down last year, which brands were supported by advertising dollars, on- and off-premise category trends, how the international landscape performed, consumption and sales forecasts, and much more.

The cost of the handbook is $845; handbook with CD is $1,015. Shipping and handling is $10 for U.S. and Canadian orders, $20 for international orders. The Handbook Advance can be purchased at www.beveragehandbooks.com or by calling Cynthia Porter at (630) 762-8709.

    Contacts:
    The Beverage Information Group
    Eric Schmidt, manager of information services
    eschmidt@m2media360.com

    Cynthia Porter, Handbook sales
    (630) 762-8709
    cporter@m2media360.com
    www.beveragehandbooks.com

SOURCE The Beverage Information Group



RELATED LINKS
http://www.beveragehandbooks.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.