Craft spirit growth is outpacing that of craft beer, registering a CAGR of 13% and 6% respectively, with premiumization ...

Craft spirit growth is outpacing that of craft beer, registering a CAGR of 13% and 6% respectively, with premiumization and on-premise alcohol sales being key trends driving its emergence, according to Beverage Marketing Corporation (BMC) research. At current rates, the number of craft spirits suppliers will hit 3,422 by 2021 compared to 1,564 suppliers for craft beer.

Join your peers today!

Get the latest articles, news and trends in the Food & Beverage industry delivered directly to your inbox. Don't miss out! Enter your email address below to receive the weekly in-sight newsletter.

Twitter

Events

[Webinar] Plant-based Demand Transforms Sweet Categories

The demand for plant-based solutions in cultured products and frozen desserts is…

[Webinar] Beverage Innovation in a Plant-Based World

As consumers steer away from dairy-based beverages, plant-based alternatives…