Standard Report | Premium Report | |
---|---|---|
Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
Instant Download - Available immediately upon purchase | ||
Download both PDF and Excel
|
Download now: |
2024 U.S. Industry Statistics & Market Forecast - Distilleries
Market Size & Industry Statistics
The total U.S. industry market size for Distilleries:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
---|---|---|
Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Industry Insights
Major trends affect the Distilleries industry include:- Premiumization of spirits
- Rise in craft and artisanal distillery numbers
- Growing consumer interest in sustainability and ethical production
- Increasing demand for flavored and spiced spirits
- Expansion of e-commerce and direct-to-consumer sales
- Globalization of taste and diversification of product offerings
- Impact of tariffs and international trade agreements
- Enhanced focus on health-conscious products, including low-alcohol and no-alcohol spirits
- Adoption of innovative technologies in production and distribution
- Cultural trends influencing cocktail and consumption patterns
- Regulatory changes affecting production, marketing, and distribution
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) |
|
---|---|---|
Total Revenue | Order at top of page |
|
Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Distilleries company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
---|---|
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Distilleries industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Distilleries measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
---|---|
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
---|---|
Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|---|---|---|---|
Management Occupations | 6% | Order at top of page |
||
Chief Executives | 0% | |||
General and Operations Managers | 2% | |||
Food Preparation and Serving Related Occupations | 24% | |||
Food and Beverage Serving Workers | 17% | |||
Bartenders | 11% | |||
Bartenders | 11% | |||
Waiters and Waitresses | 5% | |||
Waiters and Waitresses | 5% | |||
Sales and Related Occupations | 13% | |||
Office and Administrative Support Occupations | 5% | |||
Installation, Maintenance, and Repair Occupations | 5% | |||
Production Occupations | 22% | |||
Other Production Occupations | 18% | |||
Chemical Processing Machine Setters, Operators, and Tenders | 7% | |||
Separating, Filtering, Clarifying, Precipitating, and Still Machine Setters, Operators, and Tenders | 7% | |||
Packaging and Filling Machine Operators and Tenders | 8% | |||
Packaging and Filling Machine Operators and Tenders | 8% | |||
Transportation and Material Moving Occupations | 13% | |||
Material Moving Workers | 8% | |||
Laborers and Material Movers | 5% |
Distilleries Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Distilleries industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Distilleries industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Distilleries industry. |
Source:
Innovation News
- Apr 25, 2024: James Joseph Sanctified Spirits patents A Method Of Producing A Finished, Aged Distilled Spirit
- Jan 25, 2024: Brown-Forman trademarks "B-F DISTILLER" - Downloadable software for accessing global information networks; Downloadable software for management of employee resources; Downloadable computer software for use on computers and mobile devices for monitoring and managing the distribution of employee resources; Downloadable software in the nature of a mobile application for employee resources, communication, news. engagement, and scheduling; Downloadable computer application software for mobile phones and handheld computers
- Jan 12, 2024: Koval trademarks "" - Gin; Whiskey; Alcoholic beverages, except beer; Distilled spirits
- Jan 12, 2024: Koval trademarks "" - Gin; Whiskey; Alcoholic beverages, except beer; Distilled spirits
- Nov 30, 2023: Make IT Better patents Attachable Battery-powered Light Assembly For Illuminating A Bottle And Method For Illuminating A Bottle With A Light Assembly
- Nov 30, 2023: Make IT Better patents Attachable Battery-powered Light Assembly For Illuminating A Bottle And Method For Illuminating A Bottle With A Light Assembly
- Apr 04, 2023: GT Spirits raises $12 million in funding.
- Apr 07, 2022: Heritage Distilling Holding raises $10 million in funding.
- Dec 30, 2021: Gargoyle Enterprises raises $10 million in funding.
Recent Federal Contracts for Distilleries
- Feb 13, 2024: B. DAVID CO INC (Minneapolis, MN) awarded $15,079
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.