Press release
Flavored spirits Market Analysis, Top Key Players | Constellation Brands Inc, Davide Campari-Milano S.p.A., Lapostolle SA , Diageo plc , The Brown-Forman Corporation and Pernod Ricard
The shift in consumer’s alcohol consumption preferences has influenced the positive growth of flavored spirits within developing countries. Application of natural fruits as a flavor in the alcoholic beverage will increase the sales of flavored spirit products. Consumption of flavored spirits is gaining popularity as mass consumers choose to experiment with refreshing and new flavors in their drinks. Higher demand for flavored spirits from female population of urban countries have conjointly influenced the market of flavored spirits. Key players are focusing on merger and acquisition of small players as a result of the high demand for the products. France and U.K are witnessing more innovations in flavors compare to other European countries.
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Key Players
Some of the key players profiled in the global flavored spirits market: Constellation Brands Inc. (U.S.), Davide Campari-Milano S.p.A. (Italy), Lapostolle SA (Paris), Diageo plc (U.K.), The Brown-Forman Corporation (U.S.), Pernod Ricard (France), and Mast-Jägermeister SE (Germany) among many others.
Key Findings:
Europe region will witness high demand for flavored vodka products.
Top exporters of flavored spirits include Spain, Germany, U.S., Jamaica and the Netherlands
Intended Audience
Spirit manufacturers
Beverages industry
Agriculture Industry
Raw material suppliers
Traders, importers, and exporters
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Regional Analysis
The global market of seasoned spirits is metameric into North America, Europe, Asia Pacific, and rest of world (ROW). Europe has the key market share followed by North America. Key players in Europe is projected to get a high revenue throughout the given forecast period due to rising demand from developed economies in this particular region. The major importers of flavored spirits include U.S., Spain, Germany, U.K., and The Netherlands. Due to growing demand for alcoholic beverages particularly amongst the population of youth, the import and export of flavored spirits within the developed countries are found to rise at a moderate rate.
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