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Vodka Distilleries in the UK - Industry Market Research Report

Publisher IBISWorld
Published Oct 10, 2024
Length 75 Pages
SKU # IBSS19340948

Description

Vodka Distilleries in the UK - Industry Market Research Report


Vodka Distilleries in the UK

Alcohol consumption, demand from pubs and bars, disposable income, health consciousness and the exchange rate heavily influence vodka distilleries revenue. The COVID-19 pandemic led to strict restrictions imposed on the hospitality sector, with sales to the on-trade tumbling as a result. Rising rates of at-home social gatherings led to an uptick in sales to the off-trade, although this wasn't enough to prevent a substantial fall in revenue and profitability in 2020-21. Revenue rebounded in 2021-22 as social distancing restrictions eased and people flocked back to bars and pubs. Demand for premium spirits is driving revenue growth in 2023-24, although it's heavily constrained by the cost-of-living crisis, with many individuals tightening their purse strings. Over the five years through 2023-24, vodka distilleries' revenue is forecast to fall at a compound annual rate of 2% to £51.8 million, despite growth of 1.4% in 2023-24.

Operators in the Vodka Distilleries industry manufacture vodka from fermented potatoes or cereal grains to create traditional, flavoured, craft and low-calorie spirits for consumption. The distilling of all other spirits is excluded from the industry.

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

75 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
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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