Press release
Spirits Market is expected to reach 236400 million US$ by 2025 – QY Research
This report focuses on the key data information of Spirits in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Spirits 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.
Spirits are alcoholic beverages produced by distillation of a mixture produced from alcoholic fermentation. This process purifies it and removes diluting components like water, for the purpose of increasing its proportion of alcohol content.
Spirits has many types, which include brandy, tequila, baijiu, rum, vodka, whisky and others. As spirits is popular beverage, the downstream application industries will need more spirits products. So, spirits has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce fashionable and good taste spirits through improving technology.
The major raw materials for spirits are grain and packaging materials. Fluctuations in the price of the upstream product will impact on the production cost of spirits. The production cost of spirits is also an important factor which could impact the price of spirits. The spirits manufacturers are trying to reduce production cost by developing production method.
In 2018, the global Spirits market size was 231200 million US$ and is forecast to 236400 million US in 2025, growing at a CAGR of 0.3% 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 Spirits.
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This report includes the following manufacturers; we can also add the other companies as you want.
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
Patrón
Market Segment by Product Type
Brandy
Tequila
Baijiu
Rum
Vodka
Whisky
Others
Market Segment by Application
Household Application
Commercial Application
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About Us
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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