Spirits volumes to hit 2.8bn cases by 2023

Total global spirits volumes are expected to reach 2.8 billion nine-litre cases by 2023, according to the latest forecasts from Vinexpo and IWSR Drinks Market Analysis. Premium and super-premium spirits will be a “major factor” in the sector’s growth. While overall spirits volumes will continue to be led by local products, imported and global brands will steal market share from locally made spirits, growing 9% by 2023. Local whiskies from India, Burma, Angola, Kenya and…

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