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Alcohol: A Recession-Proof Industry?

The Alcohol INDUSTRY You might know the best bars in town, but what do you know about the alcohol industry as a whole? Consumption and Sales In 2010, 67% arank alcohol, of American adults +21 about In general, women prefer wine. In general, men prefer beer. 48% of women prefer wine to beer or liquor. 54% of men prefer beer to wine or liquor. However, in 2011, beer sales were down about 1.3% volume. 21 by beer sales were up by In 2009, alcohol sales reached $167,000,000,000 [3] $75,400,000,000 $91,600,000,000 was on packaged beverages. was on drinks purchased and consumed away from home. Overall sales percent increase for both stores and wholesalers for wine, beer, and liquor: [4] STORES WHOLESALERS 5.96% 5.47% 7.22% 6.24% 5.87% 4.78% 2.00% 1.63% 2007 2008 2009 2010 2007 2008 2009 2010 From July 2010 to July 2011 v2011 STORES 011 WHOLESALERS JULY 2010 6.08% JULY 2010 I I 6.44% increase increase Now that you have a better idea of the purchasing side of alcohol, and you've seen the growth wholesalers have experienced, what happens before alcohol gets to your local store or bar? Production and Wholesale IN MARCH 2012, I5I 18,182,366 17,165, 152 gallons of wine were produced. barrels of beer were produced. 993,101,022 proof gallons of distilled spirits were produced: Brandy 275,078 Whisky 9,456,363 Alcohol (miscellaneous) 982,480,357 Rum, Gin, Vodka 889,224 Inc., a top business magazine, predicted that beer, wine, and liquor wholesale would be one of the best industries for starting a business in 2012. (6) WHY? The sale of alcohol at lower price points has risen recently. Liquor, wine, and beer wholesalers' profits have gone up by about 18%. Conclusion While the alcohol industry isn't completely recession proof, Forbes has said it appears to be recession-resistant. [4) 2011 was a big year of growth in several aspects of the industry, and this trend may only continue. Sources [1] http://www.gallup.com/poll/141656/drinking-rate-edges-slightly-year-high.aspx [2] http://www.brewersassociation.org/pages/business-tools/craft-brewing-statistics/facts [3] http://www.census.gov/prod/2011pubs/12statab/domtrade.pdf [4] http://www.forbes.com/sites/sageworks/2011/07/01/2011-the- year-of-alcohol-strong-growth-in-alcohol-related-industries/ [5] http://www.ttb.gov/statistics/alcohol_stats.shtml [6] http://www.inc.com/ss/best-industries-for-starting-a-business#3

Alcohol: A Recession-Proof Industry?

shared by Amcoffey on Aug 23
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When tough times hit, lots of people look for comfort in a bottle. In an economic recession, purveyors of booze may be in a unique position to thrive. You might know the best bars in town, but what do...

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Total DUI

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Economy
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