US Beer Sales Hit 25-Year Low Amid Bud Light Boycott
Changing Consumer Behaviors and Controversial Partnership with Transgender Influencer Contribute to Bud Light's Decline
- US beer sales are expected to hit a 25-year low by the end of 2023, with shipments dropping more than 5% in the first three quarters of the year.
- Bud Light, once America's top-selling beer, has seen a significant decline in sales following a controversial partnership with transgender influencer Dylan Mulvaney, sparking a widespread boycott.
- Changing consumer behaviors, particularly among younger generations, have also contributed to the decline in beer sales, with many opting for alternatives such as spirits or non-alcoholic beverages.
- Despite marketing efforts to target its traditional male audience, Bud Light's sales continue to suffer, with retail store sales down 28% in the four weeks ending Dec. 9 compared to the same period last year.
- Other beer brands, such as Modelo Especial and Molson Coors, have seen an increase in sales, with Modelo overtaking Bud Light as the top-selling beer in the US.