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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 | Aug 2014

Hot shots: Industry revenue will surge forward as demand for premium liquor rebounds

IBISWorld’s Distilleries market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 09-14
1.6%
Annual Growth 14-19
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Profit
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Employment
6,269
Businesses
222
Industry Analysis & Industry Trends

After remaining resilient over the recessionary period, industry operators will continue to experience growth due to a trend toward premiumization and the increased popularity of cocktails. Over the next five years, consumers will continue trading up to higher-quality spirits and liquor. Additionally, the industry will benefit from rising consumer sentiment and expanding budgets... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Distilleries industry is in the growth phase of its life cycle and is driven by increased interest in cocktails, a tendency for consumers to trade up to more expensive liquors and a growing base of consumers drinking spirits. Demand for premium products has driven growth in value added over the 10 years to 2019. While weaker economic conditions since 2009 are slowing growth in the super-premium segment, premium beverages have become the new baseline for spirits and new drinkers are purchasing products at this level. New offerings have contributed to the growth in per capita consumption and further fueled industry performance.

Consumers coping with the recession may drink at home instead of on-premises, or trade down from super-premium to premium products... 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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