How big is the UK gin market?

How big is the UK gin market?

How big is the UK gin market?

UK toasts record gin sales in 2019 ahead of World Gin Day Last year saw over 83 million bottles of gin sold in the UK worth around £2.6 billion, with gin sales almost doubling in value in just two years.

What country has the largest gin market?

Indeed, consumers may be surprised to learn that the world’s biggest gin market is the Philippines, largely driven by the widely distributed and affordable San Miguel gin. The Philippine market grew by 5.3% between 2013 and 2018; the forecast 2018-2023 CAGR is 3.8%, according to the IWSR’s data.

Why is gin popular now?

One of the great things about gin is that it is highly versatile and really quite exciting. Depending on the manner of which it is distilled and processed, it can take on many different strengths, tones and tastes. Gin’s flavour can also be easily transformed by adding various botanical infusions.

Is the gin market growing?

It is anticipated that the gin market will see a compound annual growth rate (CAGR) of 8.9% globally and 14.08% in the UK, from 2021 to 2025. Global sales volumes are expected to grow by 8% in 2022, with an estimated 934.7 million litres sold by 2025.

Is the gin boom over?

Article bookmarked. The number of UK gin distilleries grew by 110 last year as our appetite for the spirit soared during the pandemic. There are now 820 UK gin distilleries, up from 710 in 2020 and 190 in 2015, Office for National Statistics figures show.

Which country is famous for gin?

Most gins are produced in the UK, with 1722 different Gins it’s still the home of gin, despite the massive growth in Spain and the US and it’s origins in the netherlands. With 702 different Gins the US ranks second. That’s hardly a surprise, given the size of the country and it’s experience in distilling.

What country makes best gin?

Did you know that over 70% of the gin enjoyed by Brits is distilled in Scotland? The tradition of Scottish gin production runs very deeply indeed.

What culture drinks gin?

British culture
It’s part of pop culture Gin has long been part of British culture. While the original ‘gin craze’ of the Victorian era was given a bad rap and the booze was labelled as ‘mother’s ruin’, since the 20th century gin has consistently been portrayed in pop culture as an effortlessly cool, sophisticated booze.

Is gin making a comeback?

The online service Drizly says that gin is making up around 5 percent of its sales this year and that sales of gin increased by 21 percent from 2020 to 2021.

Is gin a whiskey?

Whiskey & Gin Compared Like vodka, whiskey is a spirit-based beverage made from food grains such as rye, wheat, barley, and corn, depending on its geographical location. On the other hand, gin is a distilled alcoholic beverage made from fermented grain mash, and juniper berries are its predominant ingredient.

What gin is most popular?

Top 100 Gin Brands 2022

Photo Name Country
1. Tanqueray London Dry Gin, (94.6 Proof) United Kingdom
Tanqueray London Dry Gin, (94.6 Proof) Price: $26.99 Rating: 4.9 Brand: Tanqueray Country: United Kingdom
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2. BOMBAY SAPPHIRE® Gin United Kingdom