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Distilleries in the US - Industry Market Research Report

  • December 2016
  • 38 pages
  • Ibisworld
Report ID: 500646

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In good spirits: Rising incomes will fuel demand for premium liquors, buoying industry revenue



Abstract

Distilleries in the US

The Distilleries industry managed to escape declines during and immediately after the economic downturn due to a consumer trend toward premiumization, or an increase in the consumption of high-grade liquor and spirits. Additionally, the increased popularity of cocktails over the past five years resulted in more liquor consumption at on-premises drinking establishments. Although the industry remains highly concentrated, with brand loyalty and acquisitions maintaining the dominance of a few top players, the industry has also experienced an influx of small-scale craft distilleries. Overall, the industry is expected to sustain its growth over the next five years, buoyed by continued improvements in consumer spending and greater demand for higher-margin craft spirits.

This industry consists of establishments engaged in distilling spirits (i.e. not beer or wine.) The three main activities they are engaged in is distilling potable liquors (except brandies), blending liquors, and mixing liquors with other ingredients. These spirits are then bottled and sold primarily to liquor wholesalers, as well as to other retail stores.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



Related Reports

Breweries in the US

Wineries in the US

Beer, Wine & Liquor Stores in the US



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Global Spirits Manufacturing

Spirit Manufacturing in Australia

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ref:plp2016

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