Americans have already been ditching spirits and beer. Alcohol companies are future proofing themselves | CNN Business

New York CNN  — 

Friday’s warning from the US surgeon general that alcohol is a “well-established, preventable cause of cancer” is perhaps a wakeup call for millions of Americans, but it’s the worst-case scenario that many beer and spirits companies have been preparing for over the years.

Major brewers, including Molson Coors and Anheuser-Busch InBev, and spirit giants such as Diageo and Pernod Ricard, have all grown their portfolios with new non-alcoholic drinks to attract an increasing number of consumers, particularly younger ones, who are ditching drinking because of health concerns.

A Gallup poll from

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

This year’s list of breakthrough technologies that might shape the future

NPR's Mary Louise Kelly talks with Amy Nordrum of the MIT Technology Review about the magazine's list of breakthrough technologies for 2025. ...

‘Challenges Are Opportunities’: Reebok’s 89-Year-Old Founder Is Launching the World’s First Futuristic AI Shoe

In 1958, Joe Foster co-founded Reebok and helped grow the company to be worth $4 billion, he says, before exiting in 1991. (Adidas bought...

Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025 | CNN Business

Reuters  —  Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to...