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Spirit Manufacturing in Australia: Market Research Report

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

Spirit Manufacturing Market Research Report | ANZSIC C1213 | Jun 2016

High spirits: Trends supporting consumption of higher value spirits have helped boost revenue

The Spirit Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
3.8%
Annual Growth 16-21
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Profit
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Employment
1,500
Businesses
67
Industry Analysis & Industry Trends

Australia imports a large portion of spirits that residents consume. Imports are expected to account for over one-third of domestic demand in 2015-16. For some products, a degree of transformation occurs domestically, particularly in the case of ready-to-drink (RTD) beverages, which comprise the majority of industry revenue. Over the past five years, the industry has recovered from the effects of the alcopop tax introduced in 2008, which reduced demand for RTDs. Increased demand for bottled spirits and ready-to-serve cocktail products has helped this recovery. Industry revenue is forecast to grow at an annualised 3.8% over the five years through 2015-16. In 2015-16, industry revenue is expected to grow by 3.1% to total $1.8... purchase to read more

Industry Report - Industry Analysis Chapter

Conditions in the Spirit Manufacturing industry have changed over the past five years. While sales of ready-to-drink (RTD) products have fallen, demand for bottled spirits and ready-to-serve (RTS) cocktail products have increased. RTDs tend to be single-serve beverages, while RTS cocktails are usually sold in larger volumes. Industry revenue is expected to grow at an annualised 3.8% over the five years through 2015-16, as recovering domestic retail conditions and a weaker Australian dollar assist domestic manufacturers. Revenue is forecast to grow by 3.1% in 2015-16, to reach $1.8 billion... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Spirit Manufacturing Industry?

This 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 spirits. Operators package these products and sell the spirits to alcoholic drink wholesalers and retailers. While the industry makes fortified spirits, it does not produce fortified wines.

Industry Products
LiqueursSpiritsRTDs
 
Industry Activities
Fortified spiritLiqueurManufacturing spirit-based mixed drinksPotable spirit


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