Moody's: Whiskey benefitting from consumer shift to spirits amid increasing accessibility and premiumization
New York, November 03, 2016-- Spirits are expected to grow faster by volume and value than most other segments, including beer and wine, in the global beverage market, Moody's Investors Service says in a newly released report. Volume growth rates for global spirits are anticipated to be in the low-single digit range, while organic sales will outpace volumes, a credit positive for spirits companies. "The reasons for the shift from beer to spirits-- a boon for distillers-- are diverse.
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