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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 | Dec 2015

On the rocks: Canadian distilleries continue to be marginalized by major international competition

IBISWorld’s Distilleries market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$991m
Annual Growth 10-15
-0.1%
Annual Growth 15-20
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Profit
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Employment
1,273
Businesses
35
Industry Analysis & Industry Trends

The Distilleries industry is currently at a crossroads. While hard liquor remains a very popular alcoholic beverage category among drinkers between the ages of 19 and 30, demand for domestically produced spirits is increasingly vulnerable to the effects of globalization. Imports represent a significant portion of consumers' demand for distilled spirits, but steady increases in imports over the past five years have come at the expense of domestic distillers. In the coming years, distilleries will likely continue to face similar challenges that plagued industry operators over the period to 2015, including flailing per capita alcohol consumption and significant competition from foreign alcoholic beverage manufacturers... purchase to read more

Industry Report - Starting a New Business Chapter

The difficulty of entering this industry varies depending on the target market for new entrants. Liquor production is costly and very capital intensive, and new producers should not purchase massive distilling equipment unless their planned output justifies the initial investment. Additionally, the long interval between the start of production and the final product being available means that cash flows are not established for some time. While some products can be distilled over shorter periods of time, some styles of aged liquor can take several years to mature before hitting retail shelves. Delayed revenue can deter prospective entrants with smaller cash reserves from entering the market.

However, distilleries with low output can be formed with minimum initial expenses... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Distilleries Industry?

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.

Industry Products
VodkaWhiskyRumLiqueursGin, brandy, tequila and other spirits
 
Industry Activities
Distilling liquorsBlending liquorsBottling liquors


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