London, United Kingdom (PRWEB) April 16, 2013 </p><p> The Spirit Production industry has performed well during the past five years. According to IBISWorld industry analyst Steven Connell, since 2008-09, dire economic conditions and the long-term decline in spirit consumption have constrained domestic consumption of spirits but this has been more than offset by a boom in demand for exports, particularly of Scotch whisky. Demand for whisky has soared in emerging markets across Asia, Latin America and Africa due to aspirational spending by young, affluent consumers. These trends will continue in 2012-13, and help support revenue growth of 3.5% in 2013-14. During the five years through 2012-13, revenue is estimated to grow at a compound annual rate of 4.2% to
Orignal From: Spirit Production in the UK Industry Market Research Report Now Updated by IBISWorld
No comments:
Post a Comment