Beverage Dynamics

Beverage Dynamics - September/October 2016

Beverage Dynamics is the largest national business magazine devoted exclusively to the needs of off-premise beverage alcohol retailers, from single liquor stores to big box chains, through coverage of the latest trends in wine, beer and spirits.

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W hatever the reasons - and they are as varied as the styles, proofs and types of whiskeys ema- nating from this country's distilleries - Amer- ican whiskey continues to boom. Last year the entire broad category grew more than fi ve percent, according to fi gures from the Beverage Information and Insights Group, but those fi gures also include the fl ailing blended whiskey brands. Recent Nielsen scan data suggests the numbers for straight whiskey this year so far are closer to eight percent. Signifi cantly, it's the high-end premium and super-premium Bourbons and Tennessee whiskeys that are growing faster, al- though off a smaller base. Super-premium volumes rose 25.2 percent in 2015 and revenues were up 26.5 percent for the sub-category that includes such brands as Woodford Reserve, Knob Creek and Jack Daniel's Single Barrel, according to in- dustry trade group, Distilled Spirits Council. One notch down, premium brands including Jack Daniel's, Maker's Mark, Wild Turkey and Jim Beam Black rose 6.8 percent and revenues were up 7.7 percent. And the international boom has become increasingly import- ant, with Bourbon and Tennessee whiskey exports topping $1 billion for the third straight year. MARKET PRESSURES The relatively sudden change in fortunes has shifted the conversation from, 'how do American distillers sell more whiskey?' to 'how can they keep up with the demand?' The ultimate question, of course, is how far and long can this go on, given the steady expansion of American whiskey both here and abroad. Still aware of the long, slow decline of Bourbon and the near-disappearance of rye in the late 20th century, many dis- NO SIGNS SLOWING BY JACK ROBERTIELLO AMERICAN MADE AMERICAN American Whiskey is once again the fastest-growing spirits category. 24 Beverage Dynamics • September/October 2016 www.beveragedynamics.com of Wild Turkey Master Distiller Jimmy Russell (left) and his son, Wild Turkey Master Distiller Eddie Russell (right).

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