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.

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[–] 1 point 3 months ago

There may be a lot of craft breweries in Canada now, but if they only sell in Canada and maybe the US border region you're still looking at a fraction compared to even a US-only producer based on population alone.

Unless they are massive, like the scale of something like Budweiser... They're probably not part of the "world's biggest producers".

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