UK Distilled Spirits Market Size, Share and Forecast to 2025

Posted by OMR Global on February 17th, 2020

The UK distilled spirits market is estimated to grow at a CAGR of around 3% during the forecast period. The adoption of distilled spirits is being significantly driven by the rising purchasing power of consumers and increasing demand for beverages with natural flavors. The spirits sector is led by millennials and the young-age population who demand innovative and higher-end products. Therefore, the companies are adding natural flavors to improve the quality of the flavor of alcoholic drinks. The increasing availability of distilled spirits with innovative natural flavors is leading to a significant range of options for consumers that allows consumers to opt for the alcoholic beverage of their choice. 

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As per Food Drink Europe, in 2017, the European Union countries exported drinks (including spirit, wine, beer, mineral water & soft drinks) of worth more than billion, out of which around billion comprises of spirits, .8 billion comprises of wine and .6 billion of beer with a growth of 5%, 12%, and -2% respectively YoY. Total imports related to drinks were near to .6 billion mostly comprises of wine and spirits. Wine import rate has been reduced by 1% YoY in 2017.  

A full Report of UK Distilled Spirits Market is Available at: https://www.omrglobal.com/industry-reports/uk-distilled-spirits-market 

The country has a population base of 66 million and around 82% of the population is above 15 years. As per WHO, alcohol consumption per capita has decreased slightly from 12.3 liter in 2010 to 11.4 liter in 2016, still higher than the European Union average. The country has a subnational written national policy related to alcohol. The country has excise duty on wine, spirit, and beer. The minimum age to drink beer, spirit, and wine in the country is 18. 26.6% of the people were abstainers in the country in 2016 with 11% lifetime abstainers whereas 15.6% had not to drink alcoholic beverages from last 12 months. 

The Report Covers 

•          Comprehensive research methodology of the UK distilled spirits market.
•          This report also includes a detailed and extensive market overview with key analyst insights.
•          An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
•          Analysis of regional regulations and other government policies impacting the UK distilled spirits market.
•          Insights about market determinants which are stimulating the UK distilled spirits market.
•          Detailed and extensive market segments with regional distribution of forecasted revenues.
•          Extensive profiles and recent developments of market players. 

UK Distilled Spirits Market Segmentation 

 By Type 

•          Whiskey
•          Vodka
•          Rum
•          Gin
•          Tequila
•          Brandy
•          Others 

By Distribution Channel 

•          Online
•          Offline 

Company Profiles 

•          Anheuser-Busch InBev
•          Carlsberg Breweries A/S
•          Constellation Brands Inc.
•          Diageo PLC
•          Heineken Holding N.V.
•          Kirin Holdings Co. Ltd.
•          Molson Coors Brewing Co.
•          Pernod Ricard S.A.
•          SABMiller PLC
•          The Boston Beer Company, Inc. 

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