Alcoholic beverages

Alcohol Sales Rise as Americans Brace for Lockdown

As bars and restaurants across the United States have locked their doors to comply with social distancing recommendations amid the coronavirus outbreak, Americans are stocking up on alcoholic beverages to avoid running dry during a potential lockdown.

According to Nielsen data, off-premise sales of beer, wine and spirits increased by 14, 28 and 26 percent, respectively, in the week ending March 14 compared to the same period a year ago. While that sounds like a lot, it merely reflects a general increase in retail sales as Americans are stocking up on non-perishables, cleaning products and medical supplies. In fact, the increase in alcohol sales lags overall retail sales, which were up by 40 percent over the same period.

For brewers, wineries and distilleries, the increase in off-premise sales is a silver lining, but it probably won’t be enough to offset the loss of on-premise sales in bars, restaurants, taprooms and the like. Especially smaller craft breweries will likely be hit hard by the current crises as they typically rely more heavily on on-premise sales than the few multinational conglomerates that dominate the beer market.

Description

Download Chart
FCE on alcoholic beverages and tobacco as a share of GDP in Malaysia 2014-2023
Import value of alcoholic beverages to India FY 2018-2024
Premium statistics
Consumer spending on alcoholic beverages in Germany 1991-2023
Premium statistics
Sales volume of alcoholic beverages in France 2023-2024, by type of product
Premium statistics
Sales value of alcoholic beverages in France 2023-2024, by type of product
Premium statistics
Alcoholic beverages' consumer price index (CPI) monthly in Sweden 2022-2024

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information