Credit Suisse: Tequila Value to Double in US in the Next Five Years

Dear Client:   Over the next five years, Credit Suisse expects the US spirits industry to grow at +6% CAGR as growth moderates back to pre-pandemic levels, driven by share gains from beer and wine as well as premiumization.  Within US spirits, tequila is poised to double over the next five years, growing 15% CAGR and contributing more than 40% to total industry value growth, according to a recent Credit Suisse note. Credit Suisse outlined why they're so bullish on