Global Spirits Market Research Report 2022

SKU ID : QYR- 21020777

Publishing Date : 07-Jun-2022

No. of pages : 107

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  • Spirits are alcoholic beverages produced by distillation of a mixture produced from alcoholic fermentation. This process purifies it and removes diluting components like water, for the purpose of increasing its proportion of alcohol content.
    Due to the COVID-19 pandemic, the global Spirits market size is estimated to be worth US$ 235540 million in 2021 and is forecast to a readjusted size of US$ 271200 million by 2028 with a CAGR of 2.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Spirits market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Spirits landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
    Spirits industry has low technology barrier and is labor intensive industry. Currently, there are many producing companies in the world spirits industry. The main market players are Diageo, Pernod Ricard, Brown Forman, Bacardi Limited and LVMH, with about 14% market shares.
    This report focuses on Spirits volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Spirits market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
    Global Spirits Market: Segment Analysis
    The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
    Segment by Type
    Brandy
    Tequila
    Liquor and Spirits(Baijiu)
    Rum
    Vodka
    Whisky
    Others
    Segment by Application
    Household Application
    Commercial Application
    By Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Philippines
    Vietnam
    Latin America
    Mexico
    Brazil
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    U.A.E
    By Company
    Diageo
    Pernod Ricard
    Brown Forman
    Bacardi Limited
    LVMH
    Beam Suntory
    William Grant & Sons
    Remy Cointreau
    The Edrington Group
    Kweichow Moutai Group
    Wuliangye
    Yanghe Brewery
    Daohuaxiang
    Luzhou Laojiao
    Jose Cuervo
    Patrón

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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