The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.

In today's edition, Austin looks at the big macro trends for investors in the alcohol space for 2012. If you're thinking about investing in any of the major breweries or alcohol companies, then this is a video you need to watch.

Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Diageo, Heineken, and Boston Beer. Motley Fool newsletter services recommend Diageo and Boston Beer. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.