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Spirits, Wine See Growth, Beer Decreases Slightly in 2014

By May 25, 2015Top News

The beverage alcohol industry experienced a “transformational” year in 2014. According to the Beverage Information Group’s “Handbook Advance 2015,” distilled spirits and wine increased in consumption, while the beer industry saw declines coupled with some growth. Distilled spirits saw their 18th consecutive year of growth, reaching 213.2 million 9-liter cases and ending the year with a 1.6 percent increase. The wine industry saw their 21st year of growth, which has been attributed to newer products. For instance, red blends experienced a .7 percent increase and sales of 327.6 million 9-liter cases. The beer industry ended the year with a slight decline of .5 percent, but growth from smaller brands help offset declines.

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