Total volume sales of spirits are predicted to experience a further marginal decline in 2023, before stabilising in 2024 and returning to low growth over the remainder of the forecast period. On-trade volume sales are predicted to continue growing throughout the forecast period as consumers enjoy spending time outside of the home socialising, thereby negatively impacting off-trade demand.
Tequila (and mezcal) offers significant expansion opportunities in the UK over the forecast period, following a second consecutive year of double-digit total volume growth in 2022. Demand is likely to be driven by both off-trade and on-trade channels over the forecast period, benefiting from the fact that it is a spirit that is suited to both settings.
Different types of whiskies face challenges in the UK. Blended Scotch whisky is typically favoured by older consumers, and therefore will struggle to engage younger generations in the coming years.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Spirits industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Spirits industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty
This is the aggregation of whisk(e)y, brandy and Cognac, white spirits, rum, tequila, liqueurs and other spirits.See All of Our Definitions
This report originates from Passport, our Spirits research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!