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Distilleries in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Distilleries Market Research Report | NAICS 31214 | Dec 2014

In good spirits: Increased consumer sentiment and disposable income will drive growth

IBISWorld’s Distilleries market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 09-14
3.7%
Annual Growth 14-19
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Profit
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Employment
7,118
Businesses
740
Industry Analysis & Industry Trends

Although the Distilleries industry managed muted growth over the past five years, it was not immune to the economic downturn. What kept the industry from declining during and immediately after the recession was a trend toward premiumization, which is an increase in the consumption of high-grade liquors and spirits. An increase in the popularity of cocktails, over beer and wine, through the recovery also drove demand for low-quality industry products used for mixing drinks in bars and restaurants. IBISWorld estimates that industry revenue will increase in the five years to 2014. During the next five years, the industry will benefit from stronger consumer sentiment and discretionary spending, which will help increase demand for higher-priced craft and imported spirits... purchase to read more

Industry Report - Industry Products Chapter

Whiskey

There are a large variety of spirits produced and sold within the United States. Whiskey, which is made from mashed corn, rye and other grains, is the first most popular spirit in the United States by in terms of revenue, and the second in terms of volume. Whiskey comes in a number of different categories that differ by base product, alcoholic content and quality. Some types of whiskey listed under United States federal regulation include bourbon, corn, malt, rye and wheat whiskeys. Brands such as Jack Daniel's and Maker's Mark are produced locally and recognized worldwide. Sales in the high-end premium and super-premium segments make up 57.4% of all whiskey sales compared with just 15.2% for rum... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Distilleries Industry?

This industry consists of distilleries that purchase a range of ingredients, such as grains and sugar, and manufacture them into spirits (i.e. not beer or wine). These spirits are then bottled and sold to liquor wholesalers, bars, casinos, restaurants, hotels and other retail stores.

Industry Products
VodkaGinWhiskeyOther spiritRumBrandy and CognacCordialsTequila
 
Industry Activities
Distilling liquorsBlending liquorsBottling liquors


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