Booze around the world
The world may be getting warmer, but it is not getting much wetter. It quaffed 249 billion litres of alcoholic drinks in 2014, a modest increase of 1 billion over the preceding year. When measured by intake per head of the drinking-age population, consumption is down a little from a peak of 56.6 litres in 2012 to 55.4 litres in 2014. People in rich countries are the ones imbibing less—a moderation that has not (yet) been matched by a corresponding binge in emerging markets. India, for instance, is the ninth-largest alcohol market, yet consumption per head is low. Small wonder that drinks companies see an enormous market waiting to be tapped.
This article appeared in the Business section of the print edition under the headline "Booze around the world"
Discover more
Making accounting sexy again
The profession needs a makeover to attract newcomers
A marketing victory for Nike is a business win for Adidas
The contest of the sportswear giants heats up
The pros and cons of corporate uniforms
A quarter of the American workforce wears one. Why?