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Rum is also being tipped for future growth. Last month, a family of four running their own micro-rum distillery in London relocated to Scotland, having secured £100,000 to begin building a state-of-the-art facility Livingston, West Lothian. One category tipped for a renaissance is vodka. Mezcal gin is a further build on this trend – where mezcal is infused with gin botanicals, creating a lighter, slightly more approachable spirit with familiar flavours.”. In relation to total population figures, per person revenues of US$200.03 are generated in 2020. In fact, they’re benefitting, says Craig Greenberg, head of strategic planning and insights at William Grant & Sons. 03606414 | Tel: +44 (0)20 7803 2420. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer price index (CPI) for a weighted basket of goods and services. UK, Spiritrade He adds: “Cocktails are worth £500m (US$660m) to the on-trade and are stocked in a third of outlets, up by 33% versus two years ago.”. United Kingdom: Revenue in the Spirits segment amounts to US$13,579m in 2020. The average per capita consumption stands at 4.5 L in 2020. However, private label recorded a strong increase in its share in 2019, recording growth across a number of spirits categories, most notably gin. *This feature was originally published in the October 2017 issue of The Spirits Business. Reading Support Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Revenue in the Spirits segment amounts to US$13,579m in 2020. Gin also saw a strong upturn, with nearly 25% growth in the UK. But showing that consumers perhaps still aren’t confident enough to mix at home, sales in the off-trade were up by just 1% to £344m. Reading Support Sales of spirits will rebound strongly in 2021, with off-trade volume sales growth edging up slightly on the previous year and on-trade sales recording dynamic growth, albeit after collapsing in 2020, with on-trade volume sales not expected to return to their 2019 levels before the end of the forecast period. var now = Date.now(); But, for this discerning bunch of consumers, they better be good.
| Source: Statista, based on IMF, The indicator shows as a result of surveys the difference between positive and negative answers of consumers regarding their economic situation and plans for major purchases in the form of an index that has the long term trend (=100) as its basis. Here are six of the big takeaways. And it’s for exactly this reason that Brexit has the Scotch Whisky Association (SWA) worried. The data source is specified individually for each data set. The European Union remains the biggest export market for Scotch, with a value of £559m – up by 4% – almost a third of the total exports from the region. '); | Source: Statista, Displayed is the typical rate for corporate income. The indicator is valued at the current exchange rate of the respective year versus the US$. }); What is the most popular price point for blended Scotch; super-premium, premium, standard or economy and has the recession resulted in a switch?
thespiritsbusiness.com © 2020 | Published by Union Press Ltd. | Registered No. The market is expected to grow annually by 7.8% (CAGR 2020-2025). st = new Date(); Directly accessible data for 170 industries from 50 countries | Source: Statista, based on IMF WEOD, World Bank and ILO, The indicator shows the share of all domestic credit of the total gross domestic product (GDP) in the region. Track key industry trends, opportunities and threats. in bars and restaurants).
Making greater and more prominent use of popular spirit brands could be one way to achieve it, and with the stigma around draught or pre-batched cocktails now falling away, different serves may present another route. In fact, you could say that Brits are creatures of habit, lovers of tradition. This compares to the 7% increase forecast for 2020 during research conducted in May 2019, ie before the spread of COVID-19. “These lower-alcohol cocktails use the likes of Sherry, vermouth and sake to replace hard spirits like vodka and gin. The ""Average Revenue per Capita"" box shows the average market value of the selected market (market segment, region) per person in US dollars for each year. Spirits and liqueurs: manufacturing sales volume in the United Kingdom 2008-2019.
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But while the spirits industry looks to continue its growth, James Simmonds, partner at UHY Hacker Young, identified current sales figures which suggest the UK is about to undergo a “Rumnaissance” which mimics the growth of the gin category over the past decade. • The U.S. craft spirits market volume (cases) reached nearly 7.2m cases in retail sales in 2017, growing at an annual growth rate of 23.7%. Please fill in all fields and enter valid email address. Gin sales increased “dramatically” in the year ending 17 June 2017, surpassing £500m in the on-trade for the first time. in the Spirits market Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . , Retail or OperatorDrinks Supplier / WholesalerFoodservice Supplier / WholesalerAnalystPressOther. Due to local taxes, the overall tax rate may vary within the country. Gain competitive intelligence about market leaders.
}); But if the signs are to be believed, it looks like there’s one age-old British habit that consumers are starting to shy away from: drinking. The definitions of labor force and unemployment differ by country. London, UK, Fusion Communications But as Jones pointed out at the Spirits Summit, there is still plenty of headroom for growth. in the Spirits market (n.d.). Customer Support. The segment only includes distilled alcoholic beverages (including blended or mixed beverages), whereas strong alcoholic drinks gained by fermentation are part of the Cider, Perry & Rice Wine segment and non-alcoholic variants (mocktails) are out of scope. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for transport (U.S.=100). in percent Spirits in Ukraine. Or to call it by its official name, The Mindful Drinking Festival. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for housing, water, electricity, gas and other fuels. }); It stands to reason that in a market awash with choice, at the very least they’re just being more discerning. in percent. For the Spirits market, our analysts create reports with detailed comparisons and important background information. Gin also saw a strong upturn, with nearly 25% growth in the UK. -6.5% Included are both consumption of goods as well as services (cleaning and cobblers).
and over 1 Mio. Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections. But the UK market remains as important as ever to drinks brands, says Claire Dodd. 1040587, Sales of Spirits by Category: Total Volume 2014-2019, Sales of Spirits by Category: Total Value 2014-2019, Sales of Spirits by Category: % Total Volume Growth 2014-2019, Sales of Spirits by Category: % Total Value Growth 2014-2019, Sales of Spirits by Off-trade vs On-trade: Volume 2014-2019, Sales of Spirits by Off-trade vs On-trade: Value 2014-2019, Sales of Spirits by Off-trade vs On-trade: % Volume Growth 2014-2019, Sales of Spirits by Off-trade vs On-trade: % Value Growth 2014-2019, Sales of Dark Rum by Price Platform: % Total Volume 2014-2019, Sales of White Rum by Price Platform: % Total Volume 2014-2019, Sales of Other Blended Scotch Whisky by Price Platform: % Total Volume 2014-2019, Sales of English Gin by Price Platform: % Total Volume 2014-2019, Sales of Vodka by Price Platform: % Total Volume 2014-2019, Sales of Vodka by Flavoured vs Non-flavoured: % Total Volume 2014-2019, GBO Company Shares of Spirits: % Total Volume 2015-2019, NBO Company Shares of Spirits: % Total Volume 2015-2019, LBN Brand Shares of Spirits: % Total Volume 2016-2019, Forecast Sales of Spirits by Category: Total Volume 2019-2024, Forecast Sales of Spirits by Category: Total Value 2019-2024, Forecast Sales of Spirits by Category: % Total Volume Growth 2019-2024, Forecast Sales of Spirits by Category: % Total Value Growth 2019-2024, Alcoholic Drinks Off-Trade Volume Sales Growth Scenarios: 2017-2024, Alcoholic Drinks On-Trade Volume Sales Growth Scenarios: 2017-2024, Alcoholic Drinks Impact of Soft Drivers on Off-Trade Volume Sales: 2016-2024, Alcoholic Drinks Impact of Soft Drivers on On-Trade Volume Sales: 2016-2024, Legal purchasing age and legal drinking age, Number of On-trade Establishments by Type 2014-2019, Taxation and Duty Levies on Alcoholic Drinks 2019, Retail Consumer Expenditure on Alcoholic Drinks 2014-2019, Sales of Alcoholic Drinks by Category: Total Volume 2014-2019, Sales of Alcoholic Drinks by Category: Total Value 2014-2019, Sales of Alcoholic Drinks by Category: % Total Volume Growth 2014-2019, Sales of Alcoholic Drinks by Category: % Total Value Growth 2014-2019, Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Volume 2019, Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Value 2019, Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: % Volume 2019, Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: % Value 2019, GBO Company Shares of Alcoholic Drinks: % Total Volume 2015-2019, Distribution of Alcoholic Drinks by Format: % Off-trade Value 2014-2019, Distribution of Alcoholic Drinks by Format and by Category: % Off-trade Volume 2019, Forecast Sales of Alcoholic Drinks by Category: Total Volume 2019-2024, Forecast Sales of Alcoholic Drinks by Category: Total Value 2019-2024, Forecast Sales of Alcoholic Drinks by Category: % Total Volume Growth 2019-2024, Forecast Sales of Alcoholic Drinks by Category: % Total Value Growth 2019-2024, Alcoholic Drinks market research database, Private Label - Potential in a Weakening Economy, Asahi Group Holdings Ltd in Alcoholic Drinks, Campari Milano Spa, Davide in Spirits and Wine, Campari Milano SpA, Davidein Spirits and Wine, Constellation Brands Inc in Alcoholic Drinks, Analysis of key supply-side and demand trends, Detailed segmentation of international and local products, Historic volumes and values, company and brand market volume shares, Five year forecasts of market trends and market growth, Robust and transparent market research methodology, conducted in-country.
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