Some interesting facts & figures. The addressable wine & spirits market for DW8 is huge globally. Appears Australia is the tip of the iceberg.
Global Wine Market (https://www.statista.com/outlook/10030000/100/wine/worldwide)
- Revenue in the Wine segment is projected to reach US$340,797m in 2020 (AUD $452B). The market is expected to grow annually by 9.2% (CAGR 2020-2025).
- In global comparison, most revenue will be generated in the United States (US$49,795m in 2020).
- In relation to total population figures, per person revenues of US$45.79 will be generated in 2020.
- The average per capita consumption stands at 3.4 L
Wine & Spirits Wholesaling in the US industry trends (2015-2020)
Average industry growth 2015–2020: 2.8%
The Wine and Spirits Wholesaling industry comprises establishments primarily engaged in the merchant wholesale distribution of wine, distilled alcohol beverages or neutral spirits and ethyl alcohol used in blended wines and distilled liquors. Over the five years to 2020, industry revenue is anticipated to increase an annualized 2.8% to US $109.9 billion, including growth of 3.2% in 2020 alone. Increased consumer spending for the majority of the period, driven by an increase in disposable income and consumption trends toward high-value wine and distilled spirits, has driven revenue growth for the industry during the period.Wine & Spirits Wholesaling in the US industry statistics
- Market Size: $110bn (AUD $145.9B)
- Number of Businesses: 6,897
(https://www.ibisworld.com/united-states/market-research-reports/wine-spirits-wholesaling-industry/)Alcoholic Beverage Wholesaling in the UK industry statistics
- Market Size: £13bn (AUD $22.98B)
- Number of Businesses: 3,674
- (https://www.ibisworld.com/united-kingdom/market-research reports/alcoholic-beverage-wholesaling-industry/)
Beer, Wine & Spirits Wholesaling in Canada industry statistics
- Market Size: $5bn (AUD $5.2B)
- Number of Businesses: 769
European Wine Market (https://www.statista.com/outlook/10030000/102/wine/europe)
- Revenue in the Wine segment is projected to reach US$159,010m in 2020. The market is expected to grow annually by 6.7% (CAGR 2020-2025).
- In global comparison, most revenue will be generated in the United States (US$49,795m in 2020).
- In relation to total population figures, per person revenues of US$187.52 will be generated in 2020.
- The average per capita consumption stands at 17.5 L
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