Distilleries in Canada
The Distilleries industry in Canada is currently at a crossroads. While hard liquor remains a popular alcoholic beverage, demand for domestically produced spirits is increasingly vulnerable to the effects of globalization. Imports represent a significant portion of consumers' demand for distilled spirits, but steady increases in imports over the past five years have come at the expense of domestic distillers. Moving forward, IBISWorld anticipates that continued consolidation among the world's largest alcoholic beverage producers will continue at an accelerating rate, causing the industry to decline in relevance even further.
This industry consists of distilleries that purchase ingredients, such as grain, corn, rice, potatoes and sugar, and manufacture them into alcoholic spirits. These beverages are then bottled and sold to liquor distributors, licenced retailers and drinking establishments.
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.
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