26.11.2013 15:28:00

Moody's: Trading up and innovation spur growth in spirits segment of beverage industry

New York, November 26, 2013 -- The spirits segment of the global beverage industry should maintain its momentum despite the risk of higher excise taxes and slowing growth in emerging markets, Moody's Investors Service says in a new report, "Good Cheer for Spirits Makers." The spirits industry should generate sales growth in the high single digits in the next few years, driven by global expansion, the rising popularity of premium brands and innovation.

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