Key Takeaways
- The U.S. craft spirits market generated $7.8 billion in revenue in 2023, marking a 12.4% year-over-year growth driven by premiumization trends.
- Global craft spirits market size was valued at $21.4 billion in 2022 and is projected to reach $38.2 billion by 2030 at a CAGR of 7.5%.
- U.S. craft spirits segment grew by 18% in 2022, outpacing the overall spirits category's 7% growth.
- U.S. craft distilleries produced 12.5 million case equivalents in 2023, up 10.8% from 2022.
- 68% of U.S. craft distilleries focus on whiskey production as primary spirit in 2023.
- Average annual production volume per U.S. craft distillery was 4,650 cases in 2023.
- 35% of millennials prefer craft spirits over mass-produced, per 2023 survey.
- 62% of craft spirits consumers aged 25-44, up from 55% in 2021.
- Female consumers of craft gin rose to 48% in U.S. 2023.
- Craft spirits off-premise sales channel dominated 78% of volume in 2023.
- Direct-to-consumer (DTC) sales for craft distilleries reached $450 million in 2023.
- U.S. craft spirits exports totaled 1.2 million cases in 2023, +16% YoY.
- U.S. craft spirits industry supported 45,000 direct jobs in 2023.
- Craft distilleries generated $2.1 billion in wages and benefits.
- Total economic output from craft spirits: $25.4 billion.
The craft spirits industry is booming globally with strong sales growth and new distilleries.
Consumer Behavior
- 35% of millennials prefer craft spirits over mass-produced, per 2023 survey.
- 62% of craft spirits consumers aged 25-44, up from 55% in 2021.
- Female consumers of craft gin rose to 48% in U.S. 2023.
- 71% of craft buyers prioritize local ingredients.
- Average spend on craft spirits per consumer: $45 monthly in 2023.
- Craft whiskey preferred by 52% of Gen Z over vodka.
- 44% of consumers try new craft brands yearly.
- Hispanic consumers grew craft spirits purchases by 19% in 2023.
- 67% cite flavor innovation as top craft appeal.
- Craft rum consumption up 25% among urban millennials.
- 53% of craft buyers influenced by social media.
- Preference for sustainable packaging in 76% of craft consumers.
- Craft agave spirits favored by 40% of health-conscious drinkers.
- 59% of consumers read labels for artisanal claims.
- Repeat purchase rate for craft brands: 68% in 2023.
- Craft gin cocktail preference: 55% Negroni.
- 49% of boomers now try craft spirits annually.
- Urban consumers buy craft 2.3x more than rural.
- 72% value storytelling on craft bottles.
- Low/no ABV craft spirits interest: 31% of consumers.
- Craft vodka chosen for mixability by 61%.
- 66% of craft fans attend tastings yearly.
- Flavor profiles: barrel-aged preferred by 47%.
- Subscription box craft spirits users: 22% growth.
- 54% influenced by bartender recommendations.
- Craft brandy revival among women: +18%.
- 75% pay premium for craft over standard.
- On-premise craft spirits pours up 20% post-pandemic.
- Craft absinthe niche fans grew 12%.
Consumer Behavior Interpretation
Industry Impact
- U.S. craft spirits industry supported 45,000 direct jobs in 2023.
- Craft distilleries generated $2.1 billion in wages and benefits.
- Total economic output from craft spirits: $25.4 billion.
- Federal excise taxes from craft: $850 million in 2023.
- 12,500 indirect jobs in supply chain for craft.
- Craft sector investments totaled $1.8 billion in new facilities.
- State and local taxes: $1.2 billion from craft sales.
- 78% of craft distillery owners are first-generation entrepreneurs.
- Tourism from craft distilleries: 15 million visitors annually.
- Average wage in craft distilleries: $68,000.
- Philanthropy by craft brands: $45 million donated.
- Carbon footprint reduction efforts in 65% of distilleries.
- Craft supported 3,200 agricultural jobs for grains.
- R&D spending by craft: $120 million annually.
- Diversity hires in craft: 28% increase since 2020.
- Export-related jobs: 8,500 in logistics.
- Community events hosted: 5,200 by distilleries.
- Waste diversion rate: 85% in craft production.
- Veteran-owned craft distilleries: 450.
- Barrel suppliers employed 2,100 due to craft demand.
- Craft innovation patents filed: 340 in 2023.
- Local sourcing multiplier effect: 2.8x economic impact.
- Training programs graduated 4,500 workers.
- Craft reduced unemployment by 0.2% in rural areas.
- Insurance premiums for craft facilities: $250 million.
- Women-led distilleries: 22% of total.
- Craft tourism revenue: $4.5 billion.
Industry Impact Interpretation
Market Growth
- The U.S. craft spirits market generated $7.8 billion in revenue in 2023, marking a 12.4% year-over-year growth driven by premiumization trends.
- Global craft spirits market size was valued at $21.4 billion in 2022 and is projected to reach $38.2 billion by 2030 at a CAGR of 7.5%.
- U.S. craft spirits segment grew by 18% in 2022, outpacing the overall spirits category's 7% growth.
- Number of U.S. craft distilleries increased to 2,687 in 2023, up 8.5% from 2,477 in 2022.
- Craft spirits accounted for 3.4% of total U.S. spirits market volume in 2023, compared to 2.8% in 2021.
- European craft spirits market expanded by 11.2% in 2023, with whiskey leading at 25% share.
- U.S. craft rum category saw 22% revenue growth in 2023, reaching $450 million.
- Craft gin market in the UK grew 15% in volume terms from 2022 to 2023.
- Projected U.S. craft spirits CAGR of 9.8% from 2024-2028, fueled by millennial demand.
- Craft spirits export value from U.S. rose 14.7% to $320 million in 2023.
- Australian craft spirits industry hit AUD 1.2 billion valuation in 2023, up 16%.
- Craft vodka segment in U.S. grew 10.5% in 2023 to $1.1 billion.
- Number of craft distilleries in California reached 180 in 2023, a 12% increase.
- Global craft whiskey market expected to grow at 8.2% CAGR through 2030.
- U.S. craft agave spirits surged 28% in 2023.
- Craft spirits market in India projected to reach $500 million by 2027 at 20% CAGR.
- Texas craft distilleries grew to 102 in 2023, up 9%.
- U.S. craft brandy market expanded 13% in revenue to $280 million in 2023.
- Craft absinthe production sites in U.S. increased 15% to 45 in 2023.
- Canadian craft spirits market valued at CAD 850 million in 2023, +11% YoY.
- U.S. Northeast craft distilleries numbered 650 in 2023, up 10%.
- Craft mezcal imports to U.S. grew 32% in volume in 2023.
- Scotland craft gin distilleries reached 85 in 2023, +14%.
- U.S. craft spirits revenue per capita rose to $23.50 in 2023.
- Asia-Pacific craft spirits market CAGR forecasted at 10.1% to 2030.
- Oregon craft distilleries hit 85 in 2023, growth of 11%.
- U.S. craft liqueur category up 16% to $420 million in 2023.
- New York craft distilleries totaled 145 in 2023, +13%.
- Global craft spirits market share projected to hit 8% by 2028.
- U.S. craft spirits volume growth of 9.2% in 2023.
Market Growth Interpretation
Production Statistics
- U.S. craft distilleries produced 12.5 million case equivalents in 2023, up 10.8% from 2022.
- 68% of U.S. craft distilleries focus on whiskey production as primary spirit in 2023.
- Average annual production volume per U.S. craft distillery was 4,650 cases in 2023.
- Craft gin production in U.S. reached 2.1 million cases in 2023, +14% YoY.
- 45% of craft spirits use locally sourced grains for distillation.
- U.S. craft rum production volume hit 1.8 million cases in 2023.
- Average maturation time for craft whiskey is 3.2 years, per 2023 survey.
- 72 distilleries in U.S. produce craft vodka exclusively from potatoes in 2023.
- Craft brandy production emphasized pot stills in 82% of U.S. distilleries.
- U.S. craft agave spirits production grew to 750,000 cases in 2023.
- 55% of craft distilleries employ column stills alongside pot stills.
- Craft absinthe production used wormwood from local farms in 60% cases.
- Average barrel size for craft aging is 53 gallons in U.S. distilleries.
- U.S. craft mezcal production sites numbered 22 with 120,000 liters output.
- 40% of craft spirits incorporate botanicals foraged locally.
- Craft liqueur production volume reached 900,000 cases in U.S. 2023.
- Water usage per liter of craft spirits averages 15 liters in distillation.
- 65% of U.S. craft distilleries produce unaged white spirits.
- Spent grain from craft distilleries repurposed for feed in 78% cases.
- Craft whiskey mash bills average 70% corn, 20% rye, 10% barley.
- U.S. craft distilleries installed 250 new stills in 2023.
- Proof gallons produced by craft sector: 18.2 million in 2023.
- Organic grain usage in craft spirits up to 22% of total.
- Craft gin botanicals averaged 12 per recipe in 2023.
- Fermentation tank capacity averaged 5,000 gallons per distillery.
- U.S. craft rum aged in ex-bourbon barrels in 55% cases.
- Energy consumption for distillation: 250 kWh per 1,000 liters.
- Craft vodka filtration used charcoal in 88% of distilleries.
- Number of U.S. craft distilleries using solar power: 320 in 2023.
Production Statistics Interpretation
Sales and Distribution
- Craft spirits off-premise sales channel dominated 78% of volume in 2023.
- Direct-to-consumer (DTC) sales for craft distilleries reached $450 million in 2023.
- U.S. craft spirits exports totaled 1.2 million cases in 2023, +16% YoY.
- Total liquor store sales of craft spirits: $3.2 billion in 2023.
- E-commerce craft spirits sales grew 28% to $680 million.
- Bar and restaurant craft pours accounted for 22% of sales volume.
- Craft gin distribution in 45 states averaged 12 SKUs per store.
- U.S. craft rum exports to EU up 24% in value.
- Average price per bottle of craft whiskey: $52.30 in 2023.
- Control state sales of craft spirits: 15% market share.
- Craft vodka shelf space allocation up 11% in supermarkets.
- International distribution for U.S. craft: 62 countries in 2023.
- Duty-free sales of craft spirits: $120 million.
- Craft agave in Total Wine: 250+ SKUs.
- Wholesale margins for craft averaged 32%.
- Craft brandy distribution grew in 38 states.
- Online marketplace like Flaviar sold 500k craft bottles.
- Craft liqueur in convenience stores: +15% velocity.
- Export tariffs impacted craft sales by 5% decline to Asia.
- Barter trade deals for craft distribution: 8% of volume.
- Craft mezcal in 3-tier system: 85% compliance.
- Seasonal sales peak for craft: December 35% of annual.
- Craft absinthe specialty store placements: 1,200 nationwide.
- Private label avoidance in craft: 92% pure brands.
- Freight costs rose 12% affecting craft distribution.
Sales and Distribution Interpretation
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