NEW YORK (TheStreet) -- The alcohol industry has global sales estimated at $1.163 trillion a year. U.S. sales totaled $197.8 billion in 2012, according to the most recent data available from the Wine & Spirits Wholesalers of America.
Domestic beer sales accounted for 49% of that total --87% of consumption by volume-- followed by spirits, 36%, and wine, 15%.
Americans collectively consumed 9.4 billion gallons of alcoholic beverages in 2012, second only to 13.5 billion gallons of soft drinks.
Spirits are proving to be more popular among millennials --those born between 1980 and 2000-- shown by the 13.3% growth in consumption over the five years from 2007 to 2012. Over the same time period, wine consumption grew 9%, while beer consumption declined 4.3%.What follows are six alcohol industry stocks, ranked by our own proprietary quantitative ranking system at TheStreetRatings.com. Note that these ratings can change at any time. If you would like access to real-time ratings of these stocks, you can subscribe to TheStreet Quant Ratings.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts