Brandy Market Size 2024: Global Share, Industry And Report Analysis By 2031 | Old Admiral (Radico Khaitan Ltd.) Old Kenigsberg Paul Masson

Brandy market is anticipated to grow at a CAGR of 11.4% during the forecast period (2024-2031). Brandy is a type of distilled spirit made from fermented fruit juice, most commonly grapes. However, it can also be produced from other fruits such as apples, pears, and berries. The process involves fermenting the fruit juice and then distilling it to increase its alcohol content. Brandy is typically aged in oak barrels, which impart flavor and color to the final product. It can range in color from pale yellow to deep amber and in flavor from fruity and floral to rich and complex, depending on factors such as the fruit used, the distillation process, and the length of aging.

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Consumer preferences are continually evolving, driven by factors such as lifestyle changes, cultural influences, and health-consciousness. There is a growing demand for premium and craft brandy products as consumers seek high-quality and innovative offerings. Additionally, trends such as the rise of cocktail culture and the popularity of mixology contribute to changing consumer preferences, influencing the types of brandy products sought by consumers. For instance, in October 2023, Burnt Faith, a distillery renowned for its brandy, unveiled a new cocktail bar open to consumers at its brandy house situated in Walthamstow, East London, thereby enhancing the vibrancy of the Blackhorse Road Beer Mile. The cocktail menu showcases a selection of classic cocktails with a local twist, exemplified by offerings such as the Aged Negroni, which features Burnt Faith British Brandy, VRSD London Vermouth, and Select Aperitivo. Additionally, patrons can enjoy a Sazerac crafted with Burnt Faith British Brandy, Rittenhouse Rye, Devils Botany Absinthe, and Peychaud's Bitters.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Brandy Market by Product
o Flavored
o Regular

Global Brandy Market by Price
o Economy
o Premium
o Luxury

Global Brandy Market by Distribution Channel
o On Trade
o Off Trade

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East and Africa

Company Profiles
o Baron Otard
o Bisquit (Campari)
o Bolero & Company Group
o Camus
o Changyu
o Christian Brothers
o Courvoisier
o Dreher (Italy)
o E & J Gallo
o Emperador (Alliance Global Group, Inc.)
o F. Korbel & Bros.
o Gautier
o Germain-Robin
o Golden Grape
o Gran Matador
o Hardy
o Honey Bee (Beehive)
o Louis Royer
o Maison BRILLET
o Mansion House
o Martell
o Men's Club
o Meukow
o Old Admiral (Radico Khaitan Ltd.)
o Old Kenigsberg
o Paul Masson
o Salignac
o Silver Cup Brandy
o Speciality Brands Ltd.
o St-Rémy
o Thomas HINE & Co.
o Torres
o Vecchia Romagna
o Yantai Changyu Pioneer Wine Co. Ltd.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global brandy market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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