Press release
Alcoholic Spirits Market 2022 Growth Opportunities, Top Players, Regions, Application, and Forecast to 2030
Global Alcoholic Spirits Market
Spirit is referred to by several names in different parts of the world, including hard liquor and liquor in general. Hard liquor is a word used in North America to distinguish between distilled and non-distilled beverages. Spirits are distilled liquids with an alcoholic level of more than 10%. Beer, wine, and cider are not classified spirits because their alcoholic concentration is less than 10%.
A drink produced with ethanol, fermented fruits, grains, and sugar is known as an alcoholic beverage. Wines and ciders are prepared from fermented fruit, whereas beers and spirits are made from fermented barley or rye, respectively. The alcoholic content and flavour of the beverage are influenced by how long it is aged and the container it is fermented in. Alcoholic beverages are commonly consumed as energising and recreational beverages.
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Global Alcoholic Spirits Market: Segmentation
Global Alcoholic Spirits Market: By Types
Brandy & Cognac
Rum
Tequila
Chinese Baijiu
Whiskey
Liqueurs
Gin
Others
Global Alcoholic Spirits Market: By Application
Supermarket & Specialist Store
Restaurant
Online
Global Alcoholic Spirits Market: By Key Players
Diageo
Remy Cointreau
Bacardi
Pernod Ricard
Suntory
Brown-Forman
LVMH
Constellation Brands
Edrington
William Grant & Sons
Maotai
Wuliangye
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Global Alcoholic Spirits Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Market Trends
Vodka, gin, tequila, rum, whiskey, brandy, cane, natural spirits, and flavoured spirits are among the different alcoholic goods available in the global alcoholic spirits market. The global spirit market is led by vodka, followed by whisky. Whisky has seen the most growth in recent years and is anticipated to continue to do so in the next years, thanks to rising consumption in nations like China and India. Despite the worldwide economic downturn, premium and super premium brands performed well on the market.
Key questions answered in the report:
Which are the five top players in the Alcoholic Spirits market?
How will the Alcoholic Spirits market change in the next five years?
Which product and application will take a lion's share of the Alcoholic Spirits market?
What are the drivers and restraints of the Alcoholic Spirits market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Alcoholic Spirits market throughout the forecast period?
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