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.

  • Lost_My_Mind@lemmy.world
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    4 days ago

    Are the worlds largest producers of beer wine and spirits mentioned in this article Canadian? Because if not, I don’t see how it’s relevant.

    If they ARE Canadian…really? Are you sure? There’s one that begins with an M thats Canadian. Moltav or something like that. I’d know it if I saw it. Other than that one, I can’t think of any Canadian beer.

    • Albbi@piefed.ca
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      4 days ago

      Molson

      There’s lots of craft beers on Canada now. At least, that’s most of what I’ve bought lately but I don’t drink very often.

      Shout out to Granville Island Winter Ale. Goddam delicious!

      • voluble@lemmy.ca
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        4 days ago

        Granville Island Brewing is owned by Creemore Springs which is owned by Molson Coors.

        • Albbi@piefed.ca
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          4 days ago

          Ah damn.

          Need a law that gets rid of American ownership of Canadian companies.

      • halcyoncmdr@piefed.social
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        4 days 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”.