
Distilleries in Canada - Industry Market Research Report
Description
Distilleries in Canada
Canadian distilleries have had a strong performance in recent years, despite the COVID-19 pandemic. Government intervention through the control of liquor retail sales and high excise taxes have aided in slowing growth and have been an impediment to expansion. Despite this, solid growth in demand for Canadian products in the United States and a boom in craft spirits consumption have mitigated this decline, as did increased alcohol consumption amid the coronavirus pandemic. Revenue is expected to grow at a CAGR of 4.2% to $2.0 billion over the five years to 2023, including a forecast increase of 0.6% in 2023 alone as consumption of alcohol continues its long-term decline.
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, licensed 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.
Canadian distilleries have had a strong performance in recent years, despite the COVID-19 pandemic. Government intervention through the control of liquor retail sales and high excise taxes have aided in slowing growth and have been an impediment to expansion. Despite this, solid growth in demand for Canadian products in the United States and a boom in craft spirits consumption have mitigated this decline, as did increased alcohol consumption amid the coronavirus pandemic. Revenue is expected to grow at a CAGR of 4.2% to $2.0 billion over the five years to 2023, including a forecast increase of 0.6% in 2023 alone as consumption of alcohol continues its long-term decline.
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, licensed 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.
Table of Contents
47 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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