RTD Spirit Market to Register Substantial Expansion by 2025
This report focuses on the key data information of RTD Spirit in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of RTD Spirit for each region and countries in each region.
For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Hard alcohol or hard liquor fortified with additional flavors is gaining acceptance globally. RTD spirits are nothing but the pre-mixed or prepared and packed form of flavored spirits for direct consumption. Flavored liquors majorly have a base of vodka, tequila, whiskey, rum, and others. Growing popularity of unique flavors in liquors is increasing the share of RTD spirits in the liquor market.
Europe has the dominant market share followed by North America. Developing economy has led to increase in disposable income due to which Europe is projected to generate a high revenue during the given forecast period. Changing consumer’s preferences amongst the alcoholic beverages will support the sale of RTD spirits in various regions during the forecast period. The major importers of flavored spirits include U.S., Spain, Germany, U.K, and the Netherlands. Based on the higher demand for alcoholic beverages especially amongst the population of youth, the import and export of RTD spirits in the developed countries is found to rise at a steady growth rate.
In 2018, the global RTD Spirit market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for RTD Spirit.
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This report includes the following manufacturers; we can also add the other companies as you want.
Diageo Plc. (U.K.)
Asahi Breweries, Ltd. (Japan)
Suntory Holdings Limited (Japan)
Bacardi Limited (Bermuda)
Pernod Ricard SA (France)
Halewood International Limited (U.K.)
The Brown-Forman Corporation (U.S.)
Market Segment by Product Type
Market Segment by Application
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