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Distilleries in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Distilleries in Canada Market Research Report | NAICS 31214CA | Jul 2014

Fizzing out: Rising import competition and volatile input costs will constrain growth

IBISWorld’s Distilleries market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$934m
Annual Growth 09-14
-1.3%
Annual Growth 14-19
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Profit
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Employment
1,467
Businesses
48
Industry Analysis & Industry Trends

The strengthening dollar has made imported spirits relatively cheaper for Canadians, which has led to a decrease in revenue for the domestic Distilleries industry. Over the past five years, IBISWorld anticipates that the value of the dollar has increased relative to the currencies of the country's major trading partners. Adding to the industry's woes, per capita alcohol consumption is on track to decrease about 0.4% per year on average over the same period. Thus, revenue is expected to fall at an annualized rate of 1.3% over the five years to 2014, including a 3.2% decline in 2014, to total $933.9 million.

Despite a contracting market for domestic brews, the Distilleries industry has seen an influx of new businesses... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, the strengthening dollar has resulted in competitive pricing for imported spirits, posing a challenge to the domestic Distilleries industry. With the dollar expected to continue appreciating in the five years to 2014, consumers have increasingly shifted toward comparatively cheaper imports. Furthermore, Canadians have been drinking less spirits overall; in fact, per capita alcohol consumption is on track to decline at an average annual rate of 0.4% over the five years to 2014. As a result, revenue for the Distilleries industry is expected to fall at an annualized rate of 1.3% over the same period. This includes an estimated 3.2% decrease to $933.9 million in 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Distilleries Industry?

This industry primarily distills liquor to produce beverage spirits (except brandy), alcoholic eggnog, alcoholic mixed drinks, whisky or potable ethyl alcohol. Beer and wine production are not included in this industry.

Industry Products
WhiskyVodkaRum
 
Industry Activities
Distilling liquorsBlending liquorsBottling liquors


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