TIL World’s biggest beer, wine and spirits producers have collectively lost $830 billion in market value over just four years. Changing drinking habits and rising health concerns have hit earnings across the sector. Millennials and Gen Z are also not much interested in alcohol.
Dear gods! I started working on losing weight last year and all but quit drinking. Are you telling me I tanked the industry?!
Honestly. Ozempic and friends may be a big part of this.
Guys, I found the culprit!