Press release
Luxury Wines and Spirits Market Analysis By Pernod Ricard, Brown Forman, Diageo, Bacardi, United Spirits, ThaiBev
Global Luxury Wines and Spirits Market was valued at $812,108 million in 2015, and is expected to reach $1,122,578 million by 2022, supported by a CAGR of 4.8% during the forecast period 2019 – 2024.According to SDMR International, Luxury Wines and Spirits Market research report offers you market size, industry growth, share, development trends, product demand, investment plans, business idea and forecasts to 2024. This report highlights exhaustive study of major market along with present and forecast market scenario with useful business decisions.
The consumption of luxury wines and spirits generally associated with events of significance importance in the consumer’s life for instance celebrations, anniversaries, parties, social gatherings, and personal moments. Currently, the products offered in this market are wines extracted from different fruit juices, for instance, grapes, apples, and pomegranate. Whereas, products containing spirits includes distilled beverages such as vodka, whisky, and tequila. In addition, with growing popularity of innovative drinks like cocktails, one can bring numerous combinations of spirits and juices.
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Key Players covered in this report:
Pernod Ricard
Brown Forman
Diageo
Bacardi
United Spirits
ThaiBev and more…..
The current luxury wines and spirits market trends result attractive profitable opportunities for market in developing economies such as Asia-Pacific and LAMEA. Furthermore, owing to rapid urbanization and increase in disposable income is expected to drive the market for luxury wines & spirits. However, markets such as North America and Europe have huge market share and have almost steady year-on-year growth as shown in market segmentation chapter.
Market Segment By Key Product Type:
Gin
Whisky
Rum
Vodka
Brandy
Tequila
Natural
Flavoured
Market Segment by Application Type:
Wholesale
Retail Stores
Department Stores
Online Retailers
Key questions answered in this report
What are the challenges to market growth?
Who are the key vendors in this market space?
What will the market size be in 2024 and what will the growth rate be?
What are the key market trends? What is driving this market?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table of Contents
Part 1 Market Overview
Part 2 Key Companies
Part 3 Global Market Status and Future Forecast
Part 4 Asia-Pacific Market Status and Future Forecast
Part 5 Europe Market Status and Future Forecast
Part 6 North America Market Status and Future Forecast
Part 7 South America Market Status and Future Forecast
Part 8 Middle East & Africa Market Status and Future Forecast
Part 9 Market Features
Part 10 Investment Opportunity
Part 11 Conclusion
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