SipSource: Spirits Pulling Ahead of the Pack by More than 5%

Dear Client: In recent years, spirits have been growing faster than both wine and beer. Now, we're seeing the "biggest divergence between wine and spirits in recent memory," according to SipSource Analyst Dale Stratton. Indeed, the trend gap between spirits and wine grew to 5.4 percentage points in the rolling 12-month period ended September 2019. Spirits depletions are growing 3.2%, while wine depletions are down 2.2%. "Historically, those two have diverged but over the long-term they do tend to move in a