Liquor before beer: Spirits beat brews in new market data

New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday.

“Despite the tough economy, consumers continued to enjoy premium spirits and fine cocktails in 2022,” Distilled Spirits Council President and CEO Chris Swonger said. Benj Steinman, president of Beer Marketer’s Insights, a leading beer industry trade publication, said the beer industry saw unprecedented growth in the 1970s, growing at a pace of 4% annually. As recently as 2000, beer’s share in the alcohol market was 58%.

“They’ve increased their availability. They’ve increased their ability to advertise. They’ve had a lot of legislative and policy wins that have enabled growth for distilled spirits,” Steinman said.At Baltimore Spirits Company in Maryland, the head distiller and the manager of its cocktail bar said they are pleased with the rise in the consumption of spirits.

“As ubiquitous as beer is. I don’t think anybody could have foreseen whiskey overtaking it,” he said.That trend toward premiumization slowed overall in 2022. But it remained strong because of growth in the tequila/mezcal and American whiskey categories, the Distilled Spirits Council said.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Liquor before beer: Spirits beat brews in new market dataProducers of spirits have new bragging rights in the age-old whiskey vs
Fonte: WOKVNews - 🏆 247. / 63 Consulte Mais informação »

Liquor before beer: Spirits beat brews in new market dataLOUISVILLE, Ky. (AP) — Producers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate. New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday. liquor is not as fattening or filling and doesn't make you urinate as frequently are other points in it's favor.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Liquor before beer: Spirits beat brews in new market dataNew figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday.
Fonte: ABC7Chicago - 🏆 284. / 63 Consulte Mais informação »

Liquor before beer: Spirits beat brews in new market dataProducers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate.
Fonte: abc7newsbayarea - 🏆 529. / 51 Consulte Mais informação »

Liquor before beer: Spirits beat brews in new market dataProducers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate.
Fonte: abc13houston - 🏆 255. / 63 Consulte Mais informação »

Audiovisual Producers Finland Announces Series Slate & New ‘Focus On Finland’ Industry Event Set For BerlinEXCLUSIVE: The Audiovisual Producers Finland (APFI) today announced the slate of new series its members are bringing to Berlin (scroll down for the full list) alongside a new industry event titled …
Fonte: DEADLINE - 🏆 109. / 63 Consulte Mais informação »