Tag Archive: spirits
Impact Databank: U.S. Spirits Volume Expected To Surpass Wine This Year
After being severely impacted by the pandemic, the wine industry in the U.S. continues to face increased pressure from spirits—particularly RTDs and to a lesser extent Tequila—as well as uncertain economic conditions, and imports may be affected further by impending tariffs. After a 3% wine consumption volume decline in 2024, a further 4% decrease is projected this year, according to the 2025 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
DISCUS: Supplier Revenues Up 12% In 2021, As Spirits Continue To Steal Share
The U.S. spirits category grew 9% by volume to 291.1 million cases with supplier revenue up 12% to $35.8 billion in 2021, according to The Distilled Spirits Council of the U.S. (DISCUS). Continue reading →
Posted in News on February 4, 2022U.S. Spirits Market Reaches New Record High At 260 Million Cases
Amid a global pandemic, an uneven economic recovery, supply chain constraints, and other challenges, the U.S. spirits market continues to churn forward, with premium and above brands at the vanguard. Continue reading →
Posted in News on January 3, 2022Bacardi Completes Patrón Tequila Acquisition
Bacardi Ltd. has completed its deal to acquire 100% of Patrón Spirits International. Continue reading →
Posted in News on May 1, 2018Tequila Rises To Lead Impact’s Annual “Hot Brands” List
Impact has released its annual “Hot Brands” awards for the spirits category, honoring the fastest-growing spirits labels across the U.S. market. Continue reading →
Posted in News on March 9, 2018Major Spirits Marketers Seize On Irish Whiskey Opportunity
Irish whiskey continues to surge, with the category advancing by double-digits both in the U.S.—its top market with a 41% share—and internationally. Continue reading →
Posted in News on October 30, 2017
