The market is dominated by foreign suppliers, as imports account for 64.0% of total market size in 2022. Households drive market demand, with household spending representing 54.6% of total demand in 2022. The UK has the fourth largest market size for spirits regionally, with demand reaching USD9.1 billion in 2022. Diageo Plc is the largest company in the UK, generating 23.7% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 56.4% of total production value in 2022. The total number of companies increases in 2022, to 1,227 units. The costs of the industry increase by 13.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 20.2% of production value in 2022, the eighth highest regionally. The industry’s exports share increases in 2022 to 69.6% of total production output. With production value of USD4.6 billion, the UK accounts for 19.5% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Spirits in the United Kingdom: ISIC 1551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spirits in the United Kingdom: ISIC 1551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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