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Brooklyn Gin: Award-winning super premium craft gin and upcoming Brooklyn distillery The alcoholic beverage industry is generally considered recession-proof, especially the hard liquor market. For example, in the 2001 and 2008 recession hard liquor sales went way up. In recent years the spirits industry has seen tremendous growth — with the super premium and craft segments driving its success. The craft spirits segment of the massive global alcoholic beverages market is projected to increase over $37 billion. Craft gin, in particular, is forecasted to be the next big thing and post the greatest growth: a 23% compound annual growth rate (CAGR) through 2025. Consequently, the craft spirits sector has seen some spectacular exits lately. Aviation Gin and Casamigos to Diageo for $610MM and $1Billion. Malfy Gin to Pernod Ricard, Gin Mare to Brown Forman, and Sipsmith Gin to BeamSuntory for undisclosed amounts. Emerging craft spirits brands have an opportunity to surf this wave straight to the top. Especially brands with already-established distribution and clientele, like Brooklyn Gin. Here are 4 Simple Reasons Why You Should Invest:
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Tuesday, January 31, 2023
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