Spirit Manufacturing in Australia - Industry Market Research Report

Spirit Manufacturing in Australia - Industry Market Research Report


Spirit Manufacturing in Australia

Spirit manufacturing revenue has grown over the past five years, partly due to strong demand for premium products in full-bottled and ready-to-drink (RTD) form. Rising exports, largely to the Asia-Pacific region, have also boosted revenue growth over the period. However, spirit manufacturers face strong external competition, with imports expected to account for almost one third of domestic demand in 2022-23. Australian spirit manufacturers derive a large portion of revenue from bottling and blending overproof spirits imported from overseas. The premiumisation of consumer tastes and stronger demand for ready-to-serve cocktail products have benefited the industry over the past five years. Industry revenue is expected to grow at an annualised 1.0% over the five years through 2022-23, to an estimated $2.3 billion. This trend includes an expected fall of 2.0% in the current year, driven by a weaker economic environment.

The industry purchases ingredients such as grapes, sugar and malt, then ferments and distils these to produce spirit beverages including vodka, gin, whisky and liqueurs. Industry participants also blend overproof spirits imported from overseas. Operators package these products and sell them to alcoholic drink wholesalers and retailers. While the industry makes fortified spirits, it does not produce fortified wines.

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.


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

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