Alcohol

Gen Z’s Decline in Drinking Has Cost the Alcohol Industry $830 Billion

Gen Z’s Decline in Drinking Has Cost the Alcohol Industry $830 Billion

Something strange is happening in the liquor aisle, and it has nothing to do with tariffs or inflation. Over the past four years, the world’s largest beer, wine, and spirits companies have watched $830 billion in market value disappear — a hit analysts are calling one of the biggest structural shifts the industry has ever…