The Power of the Substitution Effect
If a consumer substitutes a high-alcohol drink with a lower-alcohol drink, they will consume less alcohol in that drinking occasion.
If a consumer substitutes a high-alcohol drink with a lower-alcohol drink, they will consume less alcohol in that drinking occasion.
By Márcio Maciel and Justin Kissinger Cross-posted from Estado de S.Paulo, Translated from Portuguese to English Around the world, policymakers are
Authored by Oxford Economics on behalf of the WBA, this study is the most comprehensive, global impact report examining the
The alcohol in beer is the most expensive alcohol to bring to market. Per liter of pure alcohol, beer production
In 2019 the beer sector contributed 1.6% to national GDP in low- and middle-income countries – double the global contribution
89% of the value chain revenue for beer stays in local markets. Brewers spent $118 billion buying goods and services
The economic impact of beer extends far beyond the brewing process: the beer sector’s downstream value chain is connected to
The beer industry supports 23 million jobs globally, contributed $555 billion to global GDP, and paid $262 billion in taxes.
Breweries like Pasteur Street take fresh approach with local fruits and spices
South Africa’s beer industry continues to be vibrant, despite rolling blackouts and soaring input costs. The Chief Executive Officer (CEO)