Remove 2027 Remove Beer Remove Craft Beer
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The State of the Booze Business: What Does the Future Hold?

Booze Business

This shift is reflected in the market with beer sales stagnating, wine offering alcohol-free alternatives, and spirits brands introducing non-alcohol versions of cocktails. Craft spirits are seeing growth as consumers seek unique and locally produced options. compared to a total beverage alcohol (TBA) CAGR of 1% over the same period.

Alcohol 246
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U.S. Craft Distillers Sales Rise To $7.9 Billion, But Big Brands Still Dominate Share

VinePair

Craft continues to outperform the larger spirits category,” ACSA CEO Margie Lehrman tells Shanken News Daily. percent total market share by 2027. And if it follows the same trajectory as the American craft beer market, it could be on track to claim over 13 percent of the overall American spirits market.