The Vodka Distilleries industry has experienced impressive growth in both revenue and establishments over the five years to 2017. Consumers have increasingly gravitated toward alcoholic beverages that offer high quality, ""craft""-based ingredients, and a new class of regional vodka distillers has emerged to satisfy this new consumer trend. Over the five years to 2022, the industry is anticipated to continue growing, though at a slightly slower rate than the previous five-year period. During the five-year period, the industry will benefit from expected increases in per capita expenditure on alcohol and disposable income, which will drive demand for more high-value industry goods. Nevertheless, consumers of vodka have historically demonstrated a degree of brand loyalty, particularly to brands that are imported from distilleries across the world. Many of the industry's most widely consumed brands, including Finlandia, Stolichnaya, Grey Goose and Absolut, are not produced by US distilleries and are therefore major competitors to domestic vodka brands.
This industry manufactures vodka from fermented potatoes or cereal grains to create traditional (i.e. not flavored), flavored, craft and low-calorie spirits for consumption.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook