Gin popularity hits new heights

Luxury B&Bs with bars in the UK can expect a growth in gin sales in 2018 after 15% growth in gin sales and a surge in distillery openings last year.

The number of gin distilleries has doubled in the past five years with 49 opening in 2017 alone during which time even closed resulting in a net growth of 42 distilleries according to HMRC figures out this month.

There are now 315 gin distilleries in operation in the UK compared with 152 in 2013. Since then according to the Wine and Spirit Trade Association (WSTR) the UK has been in the grip of a ‘ginaissance’ with record sales of the spirit last year and 95 gin brands available in the UK market.

Experts are predicting that the growth in UK distilleries will continue this year after the industry received a boost from the Chancellor when he froze spirits duty in last November’s Budget.

A YouGov poll found gin is the most popular spirit with 29% of drinkers voting it their favourite spirit tipple.

The gin industry across the on and off trade in the UK in 2011 was worth £630m. since when it has nearly doubled to £1.2bn in the 12 months to September 2017, with gin in the on trade alone worth nearly £730m in yearly sales.

The WSTA market report, released last month, shows the equivalent of over 8.8m bottles of gin were sold in our pubs, bars and restaurants worth £729m in the same 12 months.

But most of the gin sold in the UK is still sold by shops and supermarkets where 38.7m bottles were bought between September 2016 – 2017.

 

Gin growth continues

  • On-trade gin sales in pubs bars and restaurants grew 15% by volume in 2017 to 61,000hls (8.8m bottles) worth £729m (+19% on last year).
  • Gin sales combined reached 329,000 hls in the last year, equivalent to over 47m bottles, worth over £1.2bn.
  • The UK drank the equivalent of 1.32bn G&Ts in the last period
  • Britain’s first gin spa opened in Glasgow at the end of 2017
  • In March, gin was added to the ONS’ typical shopping ‘basket of goods’ which is used to calculate inflation