Global Craft Spirits Market 2017-2021

  • ID: 4390862
  • Report
  • Region: Global
  • 79 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Bacardi
  • Balcones Distilling
  • Beam Suntory
  • Chase Distillery
  • Constellation Brands
  • Distell
  • MORE
About Craft Spirits

Craft spirts are the products of an independently-owned distillery with maximum annual sales of 52,000 cases, where the products are physically distilled and bottled on-site. Consumers perceive craft spirits to be of a higher quality than mainstream spirits brands. The demand for craft spirits is increasing, and the craft spirit segment is expected to have a significant impact on the overall alcohol sales globally during the forecast period.

The analysts forecast the global craft spirits market to grow at a CAGR of 26.91% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global craft spirits market for 2017-2021. To calculate the market size, the report considers the sale of craft spirit products to individual consumers.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Craft Spirits Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bacardi
  • Beam Suntory
  • Constellation Brands
  • Distell
  • Pernod Ricard
Other prominent vendors
  • Asheville Distilling Company
  • Balcones Distilling
  • Chase Distillery
  • East London Liquor Company
  • Eden Mill: St Andrews Brewers
  • Masons Yorkshire Gin
  • Sibling Distillery
  • The Lakes Distillery
Market drivers
  • New product launches
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuating prices of raw materials
  • For a full, detailed list, view the full report
Market trends
  • Consolidation of craft spirits industry
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Bacardi
  • Balcones Distilling
  • Beam Suntory
  • Chase Distillery
  • Constellation Brands
  • Distell
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Global alcoholic drinks market
  • Global craft spirits market
  • Five forces analysis
PART 06: Market segmentation by product
  • Global craft gin market
  • Global craft whiskey market
  • Global other craft spirits market
PART 07: Market segmentation by distribution channel

PART 08: Geographical segmentation
  • Craft spirits market in EMEA
  • Craft spirits market in Americas
  • Craft spirits market in APAC
PART 09: Key leading countries
  • US
  • Australia
  • UK
  • Germany
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Consolidation of craft spirits industry
  • Introduction of new packaging
  • Emergence of craft cocktails based on craft spirits
PART 13: Vendor landscape
  • Competitive scenario
  • Bacardi
  • Beam Suntory
  • Constellation Brands
  • Distell
  • Pernod Ricard
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Overview of global craft spirits market 2016
Exhibit 02: Global alcoholic drinks market 2016-2021 ($ trillions)
Exhibit 03: Global craft spirits market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global craft spirits market by product 2016 and 2021 (% share)
Exhibit 06: Global craft gin market 2016-2021 ($ billions)
Exhibit 07: Global craft whiskey market 2016-2021 ($ billions)
Exhibit 08: Global other craft spirits market 2016-2021 ($ billions)
Exhibit 09: Global craft spirits market by distribution channel 2016 (% share)
Exhibit 10: Global craft spirits market by geography 2016 and 2021 (% share)
Exhibit 11: Craft spirits market in EMEA 2016-2021 ($ billions)
Exhibit 12: Craft spirits market in Americas 2016-2021 ($ billions)
Exhibit 13: Craft spirits market in APAC 2016-2021 ($ billions)
Exhibit 14: Key leading countries: Market share 2016
Exhibit 15: Craft spirits market in US 2016-2021 ($ billions)
Exhibit 16: States with maximum number of craft distilleries in US 2016
Exhibit 17: Craft spirits market in Australia 2016-2021 ($ billions)
Exhibit 18: Craft spirits market in UK 2016-2021 ($ billions)
Exhibit 19: Craft spirits market in Germany 2016-2021 ($ billions)
Exhibit 20: Competitive positioning matrix for key players in global craft spirits market 2016
Exhibit 21: Bacardi: Production facilities
Exhibit 22: Bacardi in global craft spirits market
Exhibit 23: Beam Suntory: Geographical presence
Exhibit 24: Beam Suntory in global craft spirits market
Exhibit 25: Constellation Brands: Net sales comparison 2015 and 2016 ($ billions)
Exhibit 26: Constellation Brands: Operating income comparison 2015 and 2016 ($ billions)
Exhibit 27: Constellation Brands: Geographical presence
Exhibit 28: Constellation Brands in global craft spirits market
Exhibit 29: Distell: Revenue 2015 and 2016 ($ billions)
Exhibit 30: Distell: Geographical presence
Exhibit 31: Distell in global craft spirits market
Exhibit 32: Pernod Ricard: Sales comparison 2015 and 2016 ($ billions)
Exhibit 33: Pernod Ricard: Operating profit comparison 2015 and 2016 ($ billions)
Exhibit 34: Pernod Ricard: Sales by geographical region 2016
Exhibit 35: Pernod Ricard: Geographical presence
Exhibit 36: Pernod Ricard in global craft spirits market
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Bacardi
  • Balcones Distilling
  • Beam Suntory
  • Chase Distillery
  • Constellation Brands
  • Distell
  • MORE
New Report Released: - Global Craft Spirits Market 2017-2021

The author of the report recognizes the following companies as the key players in the global craft spirits market: Bacardi, Beam Suntory, Constellation Brands, Distell, and Pernod Ricard.

Other Prominent Vendors in the market are: Asheville Distilling Company, Balcones Distilling, Chase Distillery, East London Liquor Company, Eden Mill: St Andrews Brewers, Masons Yorkshire Gin, Sibling Distillery, and The Lakes Distillery.

Commenting on the report, an analyst from the research team said: “One trend in the market is consolidation of craft spirits industry. One of the trends emerging in the global craft spirits market is the consolidation of the craft spirits industry. The number of mergers and acquisitions in the market is increasing, and many major players are acquiring small players to remain competitive and consolidate their positions in the market. In October 2016, Constellation Brands acquired High West Distillery in a deal worth about $160 million.”

According to the report, one driver in the market is new product launches. One of the growth drivers for the global craft spirits market is the rise in the number of new product launches by players in the market. A successful product launch will help in increasing the revenue stream and the market presence of the players. New product launches will also help players to stay ahead of the competition in the market. The number of launches of new craft spirits has increased over the last five years. Most of the new product launches took place in the US, followed by Europe and South America.

Further, the report states that one challenge in the market is fluctuating prices of raw materials. One of the challenges to the growth of the global craft spirits market is the fluctuating prices of raw materials. As craft distillers do not produce in bulk, a slight increase in raw material price will affect their revenue stream. The price of raw materials will depend on several factors such as market conditions, climatic conditions, and others. The price of sorghum, which is a key raw material in the production of vodka, has been fluctuating globally. In Ethiopia, the production of sorghum was affected by El Niño-induced drought in 2016.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • Bacardi
  • Beam Suntory
  • Constellation Brands
  • Distell
  • Pernod Ricard
  • Asheville Distilling Company
  • Balcones Distilling
  • Chase Distillery
  • East London Liquor Company
  • Eden Mill: St Andrews Brewers
  • Masons Yorkshire Gin
  • Sibling Distillery
  • The Lakes Distillery
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll