Global Craft Spirits Market Is Propelled to Grow at a CAGR of 26.91% over 2017-2021 - Bacardi, Beam Suntory, Constellation Brands, Distell, Pernod Ricard
Craft spirts are the products of an independently-owned distillery with maximum annual sales of 52,000 cases, where the products are physically distilled and bottled on-site. Consumers perceive craft spirits to be of a higher quality than mainstream spirits brands. The demand for craft spirits is increasing, and the craft spirit segment is expected to have a significant impact on the overall alcohol sales globally during the forecast period.
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