Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Emma Witman

No, Gen Z Isn't Drinking Less for 'Wellness' — They Simply Can't Afford To

A,Photo,Of,A,Clear,Wine,Glass,Being,Filled,With

Gen Z's elder rung of 21- to 28-year-olds have been given the keys to drive the U.S. alcohol market. But to the concern and chagrin of the industry, they make up a miniscule percentile of total booze spending.

A recent report in Wine Enthusiast highlighted the discrepancy in how much Gen Z is contributing to alcohol sales compared to prior generations at the same age: According to RaboBank, Gen Z accounts for just 3.6% of alcohol sales in the U.S.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.