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Global Consumable Spirits Market (2021-2026) by Product, Type, Distribution Channels, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5410379
  • Report
  • June 2021
  • Region: Global
  • 180 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • Amvyx S.A.
  • Belvedere SA
  • Diageo plc
  • Gruppo Campari
  • McDowells
  • Radico Khaitan Ltd.
The Global Consumable Spirits Market is estimated to be USD 31.75 Bn in 2021 and is expected to reach USD 49.08 Bn by 2026, growing at a CAGR of 9.1%.



Market Dynamics

The rise in disposable income, rising number of restaurants and leisure clubs, growing social acceptance towards drinking consumable spirits are some key factors driving the growth of the global market. Furthermore, the rising application of consumable spirits in the food and pharmaceutical industry is escalating the market growth. In addition, the rising R&D activities in the advancement of Product and product innovation are expected to create opportunities for the further growth of the global Consumable spirits market.

However, excessive intake of consumable spirits led to a high risk of liver diseases, heart diseases, etc. Additionally, strict government policy on permissible drinking of alcohol and restrictions on advertisements and promotions of consumable spirits is expected to restrain and create challenges on the growth of the global consumable spirits market to a certain level.

Market Segmentation

The Global Consumable Spirits Market is segmented further based on Product, Type, Distribution Channels, and Geography.

By Product, the market is classified into Gin, Vodka, Brandy, Whiskey, Rum, Tequila, and Others. Amongst all, the Vodka segment is estimated to hold the highest market share during the forecast period.

By Type, the market is classified as Flavored Spirits and Nature Spirits. Amongst the two, the flavored spirits segment is estimated to hold the highest market share during the forecast period.

By End User, the market is classified as Liquor Specialty Stores, Hypermarkets or Supermarkets, Duty-Free Stores, Online Retailing, and others. Amongst all, the emergency care departments segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Żołądkowa Gorzka launched two new flavours Żołądkowa Gorzka Delicja and Żołądkowa Gorzka Orientalna - 13th April 2021
2. Pernod Ricard to acquire a majority stake in La Hechicera ultra-premium Colombian rum- 3rd March 2021
3. Brown-Forman acquires Fords Gin-11th June 2019

Company Profiles

Some of the companies covered in this report are Pernod Ricard, William Grant and Sons, Remy Cointreau, Beam Global, Stock Spirits Group, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Consumable Spirits Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Consumable Spirits Market

What is the estimated value of the Global Consumable Spirits Market?

The Global Consumable Spirits Market was estimated to be valued at $31750.0 Million in 2021.

What is the growth rate of the Global Consumable Spirits Market?

The growth rate of the Global Consumable Spirits Market is 9.1%, with an estimated value of $49080.0 Million by 2026.

What is the forecasted size of the Global Consumable Spirits Market?

The Global Consumable Spirits Market is estimated to be worth $49080.0 Million by 2026.

Who are the key companies in the Global Consumable Spirits Market?

Key companies in the Global Consumable Spirits Market include Amvyx S.A., Allied Blenders & Distillers, Bacardi Limited, Beam Global, Belvedere SA, Berentzen, Gruppe AG, Brown and Constellation Brands, Inc..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amvyx S.A.
  • Belvedere SA
  • Diageo plc
  • Gruppo Campari
  • McDowells
  • Radico Khaitan Ltd.

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Growing Demand for Premium Products
4.1.2 Easy Raw Material Availability
4.1.3 Rising Demand for Natural Flavoured Drink
4.2 Restraints
4.2.1 High Manufacturing Cost
4.2.2 Health Concerns
4.3 Opportunities
4.3.1 Changing Beverages Consumption Patterns in Emerging Countries
4.3.2 Increasing R&D for Product Innovation and Development
4.4 Challenges
4.4.1 High Competition in The Consumable Spirits Market
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Consumable Spirits Market, By Product
6.1 Introduction
6.2 Gin
6.3 Vodka
6.4 Brandy
6.5 Whiskey
6.6 Rum
6.7 Tequila
6.8 Others
7 Global Consumable Spirits Market, By Type
7.1 Introduction
7.2 Flavoured Spirits
7.3 Natural Spirits
8 Global Consumable Spirits Market, By Distribution Channel
8.1 Introduction
8.2 Liquor Specialty Stores
8.3 Hypermarket or Supermarket
8.4 Duty-Free Stores
8.5 Online Retailing
8.6 Others
9 Global Consumable Spirits Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Chile
9.3.4 Colombia
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherlands
9.4.7 Sweden
9.4.8 Russia
9.4.9 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Sri Lanka
9.5.9 Thailand
9.5.10 Rest of APAC
9.6 Middle-East and Africa
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Amvyx S.A.
11.2 Allied Blenders & Distillers
11.3 Bacardi Limited
11.4 Beam Global
11.5 Belvedere SA
11.6 Berentzen-Gruppe AG
11.7 Brown-Forman Corporation
11.8 Constellation Brands, Inc.
11.9 Diageo plc
11.10 Emperador Distillers
11.11 G & J Greenall
11.12 Gruppo Campari
11.13 HiteJinro Co., Ltd.
11.14 McDowells
11.15 Marnier Lapostolle SA
11.16 Miguel Torres, S.A.
11.17 Pernod Ricard SA
11.18 Radico Khaitan Ltd.
11.19 Rémy Cointreau SA
11.20 Stock Spirits Group
11.21 Suntory ROKU
11.22 William Grant and Sons
12 Appendix
12.1 Questionnaire
Note: Product cover images may vary from those shown
  • Amvyx S.A.
  • Allied Blenders & Distillers
  • Bacardi Limited
  • Beam Global
  • Belvedere SA
  • Berentzen-Gruppe AG
  • Brown-Forman Corporation
  • Constellation Brands, Inc.
  • Diageo plc
  • Emperador Distillers
  • G & J Greenall
  • Gruppo Campari
  • HiteJinro Co., Ltd.
  • McDowells
  • Marnier Lapostolle SA
  • Miguel Torres, S.A.
  • Pernod Ricard SA
  • Radico Khaitan Ltd.
  • Rémy Cointreau SA
  • Stock Spirits Group
  • Suntory ROKU
  • William Grant and Sons
Note: Product cover images may vary from those shown

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