The U.S. alcohol industry is a multi-billion dollar industry that has been around for centuries. It is an industry that has seen tremendous growth over the years, and continues to be a major contributor to the U.S. economy.
In this blog post, we will take a look at some of the most interesting statistics related to the U.S. alcohol industry, from the amount of money generated to the number of people employed in the industry. We will also explore the impact of the industry on the health and well-being of the nation, and how the industry is adapting to changing consumer trends. So, let’s dive in and explore the fascinating world of the U.S. alcohol industry.
U.S. Alcohol Industry: The Most Important Statistics
The wine industry in the US generated USD 219.9 billion in 2017, providing 998.496 jobs and USD 33.5 billion in wages, and 43 million tourists visited wineries in support of the jobs generated.
Hard seltzer sales have grown rapidly from USD 0.03 billion in 2014 to USD 23.9 billion in 2027, with an estimated 8.51% growth in revenue each year.
U.S. Alcohol Industry Statistics Overview
Total alcohol beverage sales increased steadily from 2006 to 2019, but decreased in 2020 due to the Coronavirus outbreak and increased again in 2021 but did not reach the total sales of 2019.
Beer was the most popular alcohol in the US in 2018 with 45.5% of all sales, followed by spirits with 37.3% and wine with 17.2%.
Alcohol consumption in the US in 2021 was higher among males than females, and Gen Z spent 40% less on alcohol than Millenials.
This indicates a shift in the alcohol consumption habits of different generations, which could have an impact on the U.S alcohol industry. It also proves that males are more likely to consume alcohol than females.
60% of adults in the US consumed alcohol in 2021, a 5% decrease from 2019.
It shows a decline in alcohol consumption, which could indicate a shift in consumer preferences and potentially lead to changes in the alcohol industry.
The employment rate in the bar and nightclub sector of the US has increased from 307.89 thousand in 2020 to 353.85 thousand in 2021 and is expected to reach 392 thousand by the end of 2022.
Thus, the employment rate in the bar and nightclub sector of the US is recovering from the drop in 2020 due to the Coronavirus, which is a positive sign for the US Alcohol Industry.
The wine industry in the US generated USD 219.9 billion in 2017, providing 998.496 jobs and USD 33.5 billion in wages, and 43 million tourists visited wineries in support of the jobs generated.
This displays the importance of tourism to the industry, with 43 million tourists visiting wineries in support of the jobs generated.
Hard seltzer sales have grown rapidly from USD 0.03 billion in 2014 to USD 23.9 billion in 2027, with an estimated 8.51% growth in revenue each year.
It reflects a shift in consumer preferences in the U.S alcohol industry, with more people opting for hard seltzers over other alcoholic beverages.
Hard seltzer’s growth has increased exponentially, with a 650% increase in brands from 2019 to 2020.
In 2020, 30% of all motor vehicle accidents in the US involved drunk driving, a 14.3% increase from 2019, and these crashes were 3.1 times more likely to occur at night than during the day. It highlights the prevalence of drunk driving in the US and the need for stricter regulations and enforcement to reduce the number of drunk driving accidents.
It also demonstrates the need for more public education and awareness on the dangers of drunk driving, as well as the need for more resources to help those struggling with alcohol addiction.
10,000 deaths and 230 children killed due to drunk driving in 2022, with the highest cases occuring during the summer months.
This is a concerning statistic as it highlights the dangers of drunk driving and the need for stricter regulations and enforcement of laws in the U.S. alcohol industry.
Conclusion
In conclusion, the U.S. alcohol industry is a multi-billion dollar industry that continues to grow. While the industry has seen some changes in recent years, it is still a major player in the economy. The statistics presented in this blog post show that the industry is still strong and has a bright future ahead.
As more people become aware of the potential health risks associated with alcohol consumption, it is important to remember that responsible drinking is key to enjoying the many benefits of the industry.
References
1 – https://www.statista.com/statistics/207936/us-total-alcoholic-beverages-sales-since-1990/
2 – https://alcohol.org/guides/the-alcohol-industry-in-data/
3 – https://extension.psu.edu/alcoholic-beverage-consumption-statistics-and-trends-2022
4 – https://news.gallup.com/poll/353858/alcohol-consumption-low-end-recent-readings.aspx
5 – https://www.statista.com/statistics/1179925/number-of-bar-and-nightclub-industry-employees-us/
6 – https://wineindustryadvisor.com/2017/09/27/219-billion-economic-impact-us-wine-industry
7 – https://www.statista.com/outlook/cmo/alcoholic-drinks/hard-seltzer/united-states
8 – https://nielseniq.com/global/en/insights/analysis/2020/hard-seltzer-defies-categorization-and-limits-as-the-most-resilient-alcohol-segment-in-u-s/
9 – https://crashstats.nhtsa.dot.gov/Api/Public/ViewPublication/813294
10 – https://www.bankrate.com/insurance/car/drunk-driving/
