Press release
Cognac and Brandy Market Key Players | Radico Khaitan Ltd., Naud Spirts & Distillery, Emperador Distillers Inc
As per the study initiated by Evolve Business Intelligence, the global Cognac and Brandy Market size accounted for USD 12.3 Billion in 2022, growing at a CAGR of 5.6% from 2023 to 2033.The Cognac and Brandy market refers to the global industry involved in the production, distribution, and consumption of cognac and brandy, two types of distilled spirits that are often associated with sophistication and tradition.
The cognac market is influenced by factors such as aging techniques, and brand reputation. It often caters to a premium segment of consumers who appreciate the craftsmanship and heritage associated with this French spirit. The brandy market is diverse, with different regions producing distinctive styles of the spirit. Factors influencing the market include the quality of raw materials, production methods, and the aging process. Brandies are consumed globally, with different countries having their own traditional variations.
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Key Highlights:
• The global Cognac and Brandy Market size was valued at USD 12.3 billion in 2022 growing at a CAGR of 5.6% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Cognac and Brandy Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Cognac and Brandy Market players holding high market shares include Radico Khaitan Ltd., Naud Spirts & Distillery, Emperador Distillers Inc and Suntory. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Remy Martin
• Hennessy LVMH
• Pernod Ricard
• Radico Khaitan Ltd.
• Naud Spirts & Distillery
• Emperador Distillers Inc
• Suntory
• Meukow Cognac
• Thomas Hine & Co.
• Maison Ferrand
Segmental Analysis
Market Segment By Type
• Value
• Premium
• High-end Premium
• Super Premium
Market Segment By Sales Channel
• On-Trade
• Off-Trade
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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