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Spirits Market 2021 In Depth Analysis By Industry Size, Share, Competitive Landscape And Forecast 2030

Spirits Market

Spirits Market

The Business Research Company offers "Spirits Global Market Report 2021: COVID-19 Impact And Recovery To 2030" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The spirits market report describes and explains the global spirits market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The spirits market consists of sales of potable liquors, ethyl alcohol, grain alcohol and spirits by entities (organizations, sole traders and partnerships) that distil and blend liquors. The companies in the distilleries industry process raw materials into potable liquors, ethyl alcohol, grain alcohol and spirits, package and distribute them through various distribution channels to both individual customers and commercial establishments. The spirits market is segmented into whiskey, vodka, rum, tequila, gin and other spirits.

The global spirits market is expected to grow from $143.31 billion in 2020 to $150.87 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $208.84 billion in 2025 at a CAGR of 8%.

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Some of the major players of the spirits market are United Spirits Ltd (A Diageo Company), United Breweries Ltd (UB), Radico Khaitan Ltd, Globus Spirits Ltd, GM Breweries Ltd.

The countries covered in the global spirits market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global spirits market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global spirits market is segmented -
1) By Type: Whiskey, Vodka, Rum, Tequila, Gin, Other Spirits
2) By Distribution Channel: Off-Trade Channels, On-Trade Channels
3) By Category: Mass, Premium

Read More On The Global Spirits Market Report:
https://www.thebusinessresearchcompany.com/report/spirits-global-market-report

Few Points From Table Of Content
1.Executive Summary
2.Report Structure
3.Spirits Market Characteristics
4.Spirits Market Product Analysis
5.Spirits Market Supply Chain
...
22.Key Mergers And Acquisitions In The Spirits Market
23.Market Background: Alcoholic - Beverages Market
24.Recommendations
25.Appendix
26.Copyright And Disclaimer

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