Industry Analysis & Industry Trends
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 five-year period 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 Distilleries industry is expected to sustain its growth over the next five years, buouyed by continued improvements in consumer spending and greater demand for higher-margin craft spirits... purchase to read more
Industry Report - Industry Locations Chapter
Distilleries are located throughout the United States and the distribution of production centers are roughly in line with population. The largest concentrations occur in the Southeast, where 22.2% of industry facilities are located. This heavy concentration is due to the fact that the Southeast region is the birthplace of American bourbons and is still responsible for the majority of its production. Kentucky and Tennessee have large concentrations of distilleries. These two states comprise about 10.4% of industry establishments and nearly 30.0% industry employment.
California and Oregon also have large concentrations of spirit production facilities. This is largely due to the size of these states, as the producers there are relatively small... purchase to read more