3 Signs the U.S. Liquor Business Had a Great 2016

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3 Signs the U.S. Liquor Business Had a Great 2016

John Kell - fortune.com

The spirits industry can raise a glass to yet another strong year.

The volume of spirits sold at retail locations rose 2.4% in 2016. Alcohol suppliers said sales rose an even faster 4.5% last year to $25.2 billion in the United States, spirits advocate Distilled Spirits Council reported on Tuesday. Even more impressive, it was the seventh consecutive year that spirits stole more market share from brewers. The spirits industry now commands 35.9% of the total alcohol market vs. 47% for beer and 17.1% for wine. Beer made up close to 60% of the alcohol market in the 1990s. Click Here To Read More!


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