IWSR Forecasts Six-Year Decline in Global Alcohol Consumption Before 2031
Food & Drinks
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44d ago

IWSR Forecasts Six-Year Decline in Global Alcohol Consumption Before 2031

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According to the IWSR, global alcoholic drinks consumption volumes are set to decline for six years before resuming growth in 2031. This extended period of contraction highlights a major structural shift in worldwide beverage markets. The organization's data indicates that traditional drinking patterns are undergoing a prolonged downturn that will reshape industry dynamics well into the next decade.

Industry observers point to emerging product formats as clear evidence of this ongoing transformation. The data also notes that the rise of RTDs already signals the start of consumer preferences adapting to new market realities. As shoppers increasingly seek convenient options, traditional sales models face mounting pressure to adjust their strategies accordingly.

Looking ahead, the IWSR emphasizes that by 2035 the global drinks sector will be ‘vastly different’ from current conditions. Market participants must prepare for a fundamentally altered landscape driven by shifting demand and evolving consumption habits. As db reports, the alcoholic beverages industry is navigating a critical transition period that will redefine production, distribution, and retail approaches for years to come. These projections underscore the urgent need for stakeholders to monitor volume fluctuations closely.

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