Global Spirits Market by Manufacturers, Regions, Type and Application, Forecast to 2023 By Innovation Market Research, Inc

 Pulichser: XYZResearch

April 2020

 Pages: 116

 IMR 5792

Spirit is an alcoholic drink produced by distillation of grains, fruit, vegetables and Others. These grains, vegetables and fruits have already gone through alcoholic fermentation. To cater to rising demand for innovative alcoholic drinks, manufacturing companies are launching new products to gain traction among consumers. For instance, in previous year, Jiangsu Yanghe Diageo Spirit Company launched whiskey called Zhong Shi Ji. This whiskey is produced by unique method that includes softening of whiskey using Chinese ceramic pot maturation. The company is a joint venture formed between Diageo and Yanghe.

This is attributed to growth of urbanization and increasing number of alcohol consumers in the region. Rising awareness regarding spirits and increasing disposable income are also contributing well to regional growth. Moreover, growth of on-trade distribution channel in developing countries such as India and China will drive regional market growth in the coming years. China have largest share for world’s most essential emerging market for whiskey. 

North America and Europe are likely to contribute well to spirits market revenue over the forecast period. Shifting consumer preference from ciders and beer to spirits is augmenting regional growth. In addition, rising consumption of vodka and gin in U.S. and U.K. respectively is expected to impel regional market growth in the coming years.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Spirits in these regions, from 2012 to 2023 (forecast), covering

• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Spirits market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• 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

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Brandy
• Tequila
• Baijiu
• Rum
• Vodka
• Whisky
• Others

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Spirits for each application, including

• Household Application
• Commercial Application

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