Spirits Supplier Revenues Top $31 Billion in 2020

Dear Client:   US spirits supplier revenues were up 7.7% in 2020 to $31.2 billion, according to the Distilled Spirits Council's annual economic briefing. That's a whopping $2.2 billion gain over 2019, the "fastest we've grown revenue-wise in the last 40 years or so," according to DISCUS svp economic/strategic analysis David Ozgo. Spirits volumes were up 5.3% to 251 million cases.  Looking at the US spirits industry in terms of overall bev alc market share, share of revenue grew from