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Food and beverage

Status spirits market on the rise, and likely to endure recession

May 5, 2020

The Macallan 25. Image credit: The Macallan The Macallan 25. Image credit: The Macallan

 

By Dianna Dilworth

Alcoholic beverages that retail for $100 or more, the so-called “status spirits” market, grew 7 percent annually from 2014 to 2018, becoming a $8.3 billion market.

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