The US distilleries industry's gross output is forecasted to grow annually from 2024 to 2028, with values increasing from $22.98 billion to $25.12 billion. Compared to the last actual data from 2023, showing a continued positive trajectory. Year-on-year growth rates are expected to range approximately between 2.4% and 2.6%, with a compound annual growth rate (CAGR) of around 2.3% for the 2024-2028 period.

Future trends to watch for include:

Increasing consumer demand for premium and craft spirits.
Potential regulatory changes affecting production and distribution.
Technological advancements in distillation processes improving efficiency.
Environmental sustainability practices gaining prominence in distillery operations.