Are Americans actually drinking significantly less than they were previously? A new Consumer Trends report makes an argument that the death of alcohol consumption might be “greatly exaggerated.” Coefficient Capital and Dan Frommer’s New Consumer have released the eleventh edition of the Consumer Trends report with a slew of data on the trend toward moderation. Some of it runs counter to the narrative that Americans are abandoning their brews and Bacardi for zero-proof options. Retail sales at U.S. beer, wine and liquor stores experienced 2.3% year-over-year growth, according to the report, and spirits volumes were up as well with volume acceleration expected to continue in 2025. So what gives? Perception goes a long way. - Many Americans think their peers drink more than they do and rely on alcohol to lubricate social situations more than the respondents themselves, according to survey results.
- This might be increasing moderation trends nominally but respondents said that the trend is mostly centered on alcohol’s impact on health (47%) and longevity (32%).
What are these non-alc consumers reaching for instead? Surprisingly, sober drinkers are not grabbing all those mocktails and NA options dominating news stories. Soda (33%) and water (22%) are the leading drinks of choice at bars and restaurants when avoiding alcohol with NA cocktails making up just 4% and NA versions of beer, wine or spritzes tied at 1% each. One thing does seem to follow the NA trend narrative though. Gen Z, younger millennials and women are driving the sober-curious movement. About 31% of Gen Z and millennials respondents said they plan to participate in Dry January and 18% are planning to reduce their alcohol consumption but probably won’t stop drinking during the month. Additionally, about 23% of Gen Z drinkers prefer cannabis and other recreational drugs over alcohol and are picking up those THC drinks and NA canned cocktails in much higher percentages than boomers and Gen X consumers. So while all of the NA brands gear up for another Dry January, we will be sure to keep the data dumps on tap. Go Deeper: Craft Spirits Face First Decline in Recent History |