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The spirits industry in 2024 – Comment

Commercial Spirits Intelligence
Last updated: 23/01/2024 at 2:41 PM
By Commercial Spirits Intelligence
10 January 2024
8 Min Read

The co-founders of Smart Distillery Solutions, Duncan McFadzean and Martin Purvis, take a look into the future and make some predictions as to what the next year may bring.


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The co-founders of Commercial Spirits Intelligence, Duncan McFadzean and Martin Purvis, take a look into the future and make some predictions as to what the coming year may bring for spirits. A year of two halves We think 2024 will be a year of two different halves. The next six months look like they will continue to be challenging for consumers. Drinking less in January is here to stay and the cost pressures on household budgets will bite in Q1 long after the Christmas excess has faded. We think this tough economic pattern will persist globally into mid-year. As 2024 progresses, we hope

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  • AB InBev
  • Bacardi
  • Campari Group
  • Diageo
  • Moët Hennessy
  • Pernod Ricard
  • Proximo Spirits
  • Suntory Global Spirits
  • William Grant & Sons

ByCommercial Spirits Intelligence
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Having worked in and around the spirits industry for many years, Duncan McFadzean of Noble & Co, and Martin Purvis leverage their experience and contacts to provide meaningful analysis that speaks to relevant issues impacting the category. For further details, head to https://commercialspiritsintelligence.substack.com/
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