Millennials like White Claw better than wine — and it’s shaking up the alcohol industry

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Hard seltzers and spirits are killing wine’s buzz.

U.S. wine sales have fizzled for the first time in 25 years as young adults sip spiked seltzers and spirits, instead.

“Millennials are just not embracing wine with open arms compared to previous generations,” Brandy Rand, IWSR’s chief operating officer for the Americas, told the Wall Street Journal. “With the rise in low and no-alcohol products and general consumer trends toward health and wellness, wine is in a tough place,” he added.

Consider this: Last year, Bud Light was the South by Southwest festival’s major alcohol sponsor. This year, it’s White Claw. No wonder Anheuser Busch BUD, -0.62% launched a line of Bud Light hard seltzers this week.Even though the number of Americans drinking alcohol in general has been on the decline, those who are still indulging spent $167 billion on booze last year, per the IWSR data, which was up 2.5% from the year before.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

DanBuk4 I prefer what ever is more affordable and tasty. I never drank wine in WA State since it was not affordable. I live in Germany and can afford the quality 2€ bottles of riesling. wine market affordable

Reminds me of when light beer made its debut, followed by malt beverages, lemonades etc. All seemed to find their place and the marketplace has endured. Grow the pie!

Flashback to the early 80s and Annie Green Springs, Boone's Farm, etc.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why the ERA Is Not a White Woman's BattleThe ERA hasn’t been a household name in generations, coming across as a ‘70s relic—akin to an avocado-colored kitchen. Foy wants to change that.
Source: Jezebel - 🏆 153. / 63 Read more »

Ed Orgeron and LSU Tigers To Visit Trump's White House After ChampionshipJoe Burrow and Co. will be takin' their championship celebration to the nation's capital ... 'cause the LSU Tigers are scheduled to visit President Donald Trump at the White House!! Disappointing You can't tell those sagittarius ......... what they can or cannot do. Why?
Source: TMZ - 🏆 379. / 59 Read more »

Dangling disaster relief funds, White House to require Puerto Rico to implement reformsThe Trump administration will tell Puerto Rico to stop paying contractors on disaster projects $15 an hour if the island wants a pot of disaster aid, officials familiar with the plan said. Yes we are sending The Clinton Foundation to Puerto Rico. If you see anyone from that Foundation please contact the police Better yet, just stiff the contractors. followtheleader Sounds familiar
Source: washingtonpost - 🏆 95. / 72 Read more »

White Beans Want to Get Crispy, TooWhen they pop up like popcorn... that's a good thing. fryuppolice what's it called, English Caviar? Yummy!!! Anything Crispy is Great in My Book! louisosaul
Source: epicurious - 🏆 114. / 63 Read more »

Stephen Miller Echoes White Nationalists In Leaked Anti-DACA EmailsA growing chorus is calling for the ouster of Trump&39;s senior adviser. Ah yes, echoes Now that’s the man we all want!hope he doesn’t think that we are just gonna forget about him after it all implodes! Oh hell no! He’s 2nd immediately after Goldilocks! Goldilocks is just stupid! Steven! Now he’s on our plan to get serious with! Never Forget!
Source: YahooNews - 🏆 380. / 59 Read more »