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U.S. Spirits Market Posts Healthy Gains

The U.S. distilled spirits market continued its upward trend in 2012, with total volume growth of 3 percent and revenue growth of 4.5 percent, the Distilled Spirits Council (DISCUS) reported at the trade group's annual briefing of Wall Street analysts and business media Wednesday. Volume grew to 202 million cases and revenue rose to $21.3 billion in the last calendar year and spirits' share of the alcohol market edged up to 34.3 percent from 34.1 percent, grabbing it from both beer and wine. Overall, DISCUS reported that the spirits market in 2012 saw $900 million in additional revenue over 2011.