How Big Is The Alcohol Market In Canada?

In 2019, within the alcoholic beverages industry, the beer and cider sector was the leading sector in Canada, with retail sales valued at US$20.4 billion.


Retail sales.

Category Flavoured alcoholic beverages
2019 1,024.9
CAGR* % 2015-2019 6.2
2020 1,017.4
2024 1,266.1

How much money does the alcohol industry make in Canada?

Revenue in the Alcoholic Drinks market amounts to US$38.51bn in 2022. The market is expected to grow annually by 11.51% (CAGR 2022-2025). The market’s largest segment is the segment Wine with a market volume of US$16.31bn in 2022.

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How much alcohol is sold in Canada each year?

Overall, $25.5 billion worth of alcoholic beverages were sold in the fiscal year ending March 31, 2021, up 4.2% from a year earlier. This was the largest sales increase in over a decade.

What is the market size of the alcohol industry?

Total economic contribution of the alcohol beverages industry was $52 billion in total value add and 484,900 jobs in 2018-19. Value added is the most appropriate measure of an industry’s economic contribution to gross domestic product (GDP) at the national level.

What is the most consumed alcohol in Canada?

Canadians have also been drinking more over time. The national consumption has risen from 117 litres per adult in 1998 to 124 litres in 2013.
Article content.

Type of beverage Biggest consumer in Canada Litres per adult in 2013
Whisky Saskatchewan 2.6
Vodka Alberta 2.7
Liqueurs Alberta 1.2
Other spirits PEI 0.9

Where does Canada rank in alcohol consumption?

After all, Canadians drink more alcohol than the global average, according to the World Health Organization. Based on per capita consumption, Canada ranks about 40th in the world, just above the United States.

What is the most profitable alcohol?

The 10 most valuable spirits brands in the world

  • Kweichow Moutai $42.9 billion.
  • Wuliangye $28.7 billion.
  • Luzhou Laojiao $7.3 billion.
  • Yanghe $6.4 billion.
  • Hennessey $5.2 billion.
  • Shanxi Xinghuacun Fen Wine $5.0 billion.
  • Bacardi $3.1 billion.
  • Gujing Gong Jiu $3.1 billion.
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What percentage of Canada drinks alcohol?

General population (age 15+): According to data collected from the 2017 Canadian Tobacco, Alcohol and Drugs Survey (CTADS), 78.2% of Canadians aged 15 and over reported drinking alcohol at least once in the last year.

How much Canadians spend on alcohol?

According to the Survey of Household Spending, in 2017, the average Canadian household spent 1,098 Canadian dollars on alcohol, an increase of over 200 dollars per year since 2010.

Characteristic Expenditure in Canadian dollars
2017 1,098
2016 1,023
2015 979
2014 874

Is alcohol the most used substance in Canada?

Alcohol is the most commonly used substance in Canada.

How much is the alcohol industry worth 2022?

Revenue in the Alcoholic Drinks market amounts to US$261.10bn in 2022. The market is expected to grow annually by 10.51% (CAGR 2022-2025). The market’s largest segment is the segment Beer with a market volume of US$111.50bn in 2022.

Who are the largest consumers of alcohol?

Belarus, a country that drinks the most liters of pure alcohol than any other country in the world, was also classified as having one the riskiest pattern of drinking.

Who is the largest alcohol distributor?

Southern Wine & Spirits of America is the nation’s largest wine and spirits distributor. The company began in Florida in 1968 and grew quickly through a strategy of acquiring other established distributors. Today Southern operates in 35 states and distributes over 5,000 brands.

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What is Canada’s national drink?

The Caesar
The Caesar, also known as the Bloody Caesar, is considered Canada’s national cocktail. The key ingredients are vodka, clam juice, tomato juice, spices and Worcestershire sauce. It is typically served in a highball glass rimmed with celery salt and garnished with a celery stalk, olives and lime.

How often does the average Canadian drink alcohol?

The most recent Statistics Canada data for per capita pure alcohol consumption in Canada (2019/20) saw a slight increase over the previous year, for a total of 8.1L per person aged 15+ per year (or bottles of 5% beer each per year).

What is Canada’s favorite drink?

It’s as Canadian as maple syrup. The Caesar is Canada’s national cocktail. Created in a hotel bar in Calgary in 1969, it’s been the only-in-Canada favorite game night, summer patio, and ‘hair of the dog’ Sunday brunch cocktail.

Which country binge drinks the most?

Which countries tend to drink the most on average? According to the World Health Organisation, Austria, Ireland and the Czech Republic are the world’s biggest binge-drinkers.

Is alcohol a problem in Canada?

According to the World Health Organization, Canadians drink 8.9 litres of pure alcohol (less than seven bags of milk worth) per capita each year – well above the global average of 6.2 litres.

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Which province consumes most alcohol?

As of July 2018, Quebec is the province where Canadians consume alcohol most frequently – some 57 percent of survey respondents stated that they drink alcohol at least once a week.

What is the next big alcohol trend?

IWSR reports that the total volume of no-alcohol and low-alcohol beverages hitting the global market is expected to grow 31% by 2024. A recent Gallup survey shows that consumers are supporting this trend.

What is the fastest growing alcoholic beverage?

As reported by the DISCUS for 2021, the top five spirits by revenue growth were vodka (4.9%), tequila/mezcal (30.1%), American whiskey (6.7%), Brandy & Cognac (13.1%), and cordials (15.2%).