date:Dec 03, 2012
The UK spirits market will witness a marginal growth during 2011-16 with a compound annual growth rate (CAGR) of 0.08%, forecasts a new report by Canadean Wine Spirits.
According to the report, The Future of the Spirits Market in the UK, to 2016, the CAGR which was negative for the period 2006-11 at -0.72%, will turn positive but only nominally.
The year-on-year (Y-o-Y) growth, too, will be marginal but stable at 0.1%. The YoY rate was negative for three consecutive years from 2007; in 2010,