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US Distilled Spirits Market Growth, Size, Share, Industry Report and Forecast 2019-2025

05-14-2022 12:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The United States distilled spirits market is estimated to grow at a CAGR of around 3% during the forecast period. According to the Distilled Spirits Council, nearly 63% of the US whiskey exports have faced retaliatory tariffs from the EU, China, Turkey, Canada, and Mexico. The US-China trade war and the new tariffs levied by the US on EU imports are some of the major factors that can be considered to derail the US distilled spirits market growth. These actions of the country will further affect the distilled spirit industry of the US in the near future.

To Request a Sample of our Report on US Distilled Spirits Market: https://www.omrglobal.com/request-sample/us-distilled-spirits-market

According to the Distilled Spirits Council, since the EU has imposed 25% retaliatory tariffs on American whiskey in 2018, the exports have declined to nearly 21%. Moreover, China has imposed 54% retaliatory tariffs on the US wine imports, which has considerably decreased, nearly 57% decline in trade of the US with China. In October 2019, the US imposed retaliatory tariffs on around $7.5 billion worth of EU goods. French wine, Airbus, and Scottish whiskeys were among the major targets of the tariffs.

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US Distilled Spirits Market Segmentation

By Type

· Whiskey

· Vodka

· Rum

· Gin

· Tequila

· Brandy

· Others

By Distribution Channel

· Online

· Offline

Company Profiles

· Anheuser-Busch InBev

· Carlsberg Breweries A/S

· Constellation Brands Inc.

· Diageo PLC

· Heineken Holding N.V.

· Kirin Holdings Co. Ltd.

· Molson Coors Brewing Co.

· Pernod Ricard S.A.

· SABMiller PLC

· The Boston Beer Company, Inc.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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