Key Economic Factors That Can Repair Activity In Drinking Places
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Downstream Demand - Drinking Places
There are many factors that can stir activity in brewing industry. Distribution plays an intermediary role between brewers and places selling. This is required by regulations in most countries, including the US. Majority of product demand comes from drinking places and retail stores. Places that serve alcoholic beverages have decreased the demand and it has been a pattern; however, this trend is expected to change in 2016. Some breweries may serve their products on campus.
Global number of people aged 15 to 34
Drinkers between ages of 15 and 34 are the largest consumers of beer worldwide despite the fact that predominantly common legal age for consumption of alcohol is 18. Beer industry
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Frat parties, for example, serve booze, often, if not always, without the supervision of a responsible adult (aka an adult over the age of 21). Lowering the drinking age to 18 can be beneficial in that responsible drinking can be taught before the student turns 21. My favorite analogy, by Huffington Post writer, Elizabeth Glass Geltman, says, “We don’t have students teach each other how to drive, why is alcohol different?” In her article on Huffington Post, she talks about her college experience in the 70s and early 80s, where the legal drinking age in the US was 18. She talks about how drinking was legal for most students in her senior year of high school and in college, and that beer was commonly served at dances, proms, graduation events, etc.
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