Pisco Market was valued at $558.5 million in 2020, and is projected to reach $1,173.6 million by 2030

As per the report published by Allied Market Research, the global pisco market was accounted for $558.5 million in 2020, and is estimated to reach $1.17 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.

Increase in popularity of craft spirits among millennials & baby boomers and spirit tourism drive the growth of the global pisco market. However, negative health, social impact of dark spirits, and consumer inclination toward low alcoholic beverages hinder the market growth. On the contrary, delivery via e-commerce platforms is expected to open new opportunities for the market players in the future.

Download Sample PDF ( 265 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/13995

Covid-19 scenario:

The Covid-19 pandemic resulted in closure of bars, taprooms, and restaurants to ensure social distancing. This hampered the demand for pisco across the globe.
The prolonged lockdown disrupted the supply chain and increased the prices of raw materials.
The report divides the global pisco market on the basis of origin, type, sales channel, and region.

Based on origin, the Chile segment held the largest share in 2020, accounting for more than half of the market. However, the Peru segment is projected to manifest the highest CAGR of 6.6% during the forecast period.

On the basis of sales channel, the supermarket/hypermarket segment held the lion's share in 2020, contributing to nearly three-fifths of the market. However, the online stores and others segment is estimated to portray the highest CAGR of 7.2% from 2021 to 2030.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business: https://www.alliedmarketresearch.com/connect-to-analyst/13995

The report offers an analysis of the global pisco market across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across LAMEA held the lion's share in 2020, accounting for more than half of the market. However, the market across North America is anticipated to showcase the highest CAGR of 7.4% during the forecast period.

The global pisco market report includes an in-depth analysis of the prime market players such as Barsol Pisco GmbH, Bauza, Bauza, Cooperative Agricola Pisquera Elqui ltda, Compañía de las Cervecerías Unidas S.A, Pisco Malpaso, Macchu Pisco LLC, Pisquera Tulahuen SpA, Pisco Porton, and The Pisco People.

Read More: https://www.alliedmarketresearch.com/pisco-market-A13626

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.