Craft Spirits Data Project

With craft beer market share currently at 12 8 in the u s the craft spirits market is expected to continue to grow rapidly.

Craft spirits data project.

Craft spirits industry has been on the rise. The craft spirits data project csdp launched initially in 2016 continues to play an integral role in understanding the economic dynamics of the craft spirits industry. The research was created with the goal of providing a solid and reliable fact base for evaluating performance and trends in the u s. The association started the project in 2016 and plans to continue to produce the report annually.

As of august 2016 there were 1 315 active project defined craft producers in the u s. Those craft producers sold 4 9 million cases with a retail value of 2 4 billion in 2015. The craft spirits data project csdp launched in 2016 and now recognized as the leading authority for economic craft spirits industry data is attempting to answer that question. To date it has.

The craft spirits data project is an effort led by the american craft spirits association asca the international wine and spirits research iwsr and industry advisers park street. Us craft spirits the us craft spirits market reached 4 9m cases and. Timeline the craft spirits data project was launched in october 2015 with the formation of the team and the initial approach to industry partners data collection started by the end of january 2016 with the objective to complete this phase by end of april may 2016 data analysis commenced as soon as initial data was. The 2018 craft spirits data project is a collaborative effort from the american craft spirits association park street and iwsr international wine and spirits research.

Many surveyed retailers and wholesalers see the potential for craft spirits to perform in line or better than craft beer over time. The craft spirits data project which was first announced and presented in 2016 is the beverage industry s first ever comprehensive craft distilling study. The results are now in and here are some of the key takeaways. The acsa park street and international wine spirits research launched the craft data project in 2015.

The us craft spirits market is growing rapidly recording 1 315 active craft distillers as of august 2016 according to collaborative research initiative the craft spirits data project. The project quantifies the number size and impact of craft spirits producers in the united states. Acsa partnered with park street a global import and back end office and financial solution company and the international wine and spirits research iwsr an international research company specializing in global alcoholic drinks to research and analyze economic trends in the craft spirits industry. The project is supported by the ttb wswa abl and nabca.

Employment in the u s. It was set up to provide a fact base for the us craft spirits industry and has released the highlights of the project this month.