Wine & Spirits Wholesaling in the US - Industry Market Research Report

High spirits: Purchases of premium spirits and wine will continue to support revenue growth

Wine and spirits wholesaling comprises businesses 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. Wine and spirits wholesaling revenue has risen at an annualized 1.0% over the past five years and is expected to total $130.4 billion in 2023, when revenue will jump an estimated 1.0%. Increased consumer spending, driven by increased disposable income and consumption of high-value wine and distilled spirits, has driven revenue growth for wholesalers in recent years. In 2020, high consumer demand at the retail level largely offset declining demand from on-premise establishments that temporarily closed because of COVID-19. This industry distributes wine, distilled alcoholic beverages and various neutral spirits. Alcohol products are purchased from alcoholic beverage manufacturers and sold at wholesale volumes to licensed alcoholic beverage retailers. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.