The market is dominated by foreign suppliers, as imports account for 67.3% of total market size in 2020. Households drive market demand, with household spending representing 62.2% of total demand in 2020. The UK has the third largest market size for spirits in the region, with demand reaching USD8.7 billion in 2020. Diageo Great Britain Ltd is the largest company in the UK, generating 29.6% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 71.1% of total production value in 2020. The total number of companies increases in 2020, to 1,063 units. The costs of the industry increase by 4% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 20.2% of production value in 2020, the sixth highest in the region. The industry’s exports share increases in 2020 to 71.2% of total production output. With production value of USD4.2 billion, the UK accounts for 20.5% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Spirits in the UK: 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 UK: ISIC 1551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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