Spirits “Showed a lot of Resilience” in ’23, Maintaining Market Share Lead

Dear Client: In 2023, US spirits industry supplier revenues remained flat (up just 0.2%) at $37.7 billion and volumes were up 1.2% to nearly 309 million 9L cases, according to the Distilled Spirits Council's annual economic briefing this morning.  You may recall, 2022 marked the first time that spirits' share of total bev alc supplier revenues surpassed beer, and in 2023, the spirits category managed to maintain its market share lead. In 2023, spirits accounted for 42.2% of US alcohol