Press release
Opportunities in the Global Spirits Sector to record a CAGR of 8.7% in value terms during 2016-2021: Analysis of Opportunities Offered by High Growth Economies
ResearchMoz added Latest Research Report titled " Opportunities in the Global Spirits Sector: Analysis of Opportunities Offered by High Growth Economies " to it's Large Report database.Opportunities in the Global Spirits Sector: Analysis of Opportunities Offered by High Growth Economies
Summary
"Opportunities in the Global Spirits Sector", report brings together multiple data sources to provide a comprehensive overview of the global Spirits sector as part of our global series. It includes an analysis on global Spirits sector with consumption analysis highlighted for all regions. The report also identifies high potential countries by region that have been identified by creating a risk-reward analysis with multiple parameters.
The global Spirits sector was valued at US$627.6 billion in 2016 and is forecast to record a CAGR of 8.7% in value terms during 2016-2021. Asia-Pacific, the largest global market for Spirits, accounted for 51.4% share of total value sales in 2016. The region is forecast to record the fastest value growth at a CAGR of 12.9% during 2016-2021.
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Growing population of youngsters reaching the legal drinking age (LDA), improving economy and the rising middle income population across APAC, MEA and LATAM regions will remain the primary factors driving growth in the sector globally. With drinking viewed as a way to unwind & relax after a long day, the large working population worldwide will continue to support growth in demand for Spirits.
Scope
- The report provides an overview of global and regional markets covering - Asia-Pacific, Middle East & Africa, North America, Latin America, Western Europe, and Eastern Europe - highlighting sector size, growth drivers, latest developments, and future inhibitors for the region.
- It also identifies top ten high potential countries and provides deep dive analysis of top countries in each region.
- The report draws on the sector data by analyzing key distribution channels for Spirits in the global market.
- Sector data is also used for studying the level of competition in the sector by identifying the top brands at a global and regional level with insights on sector shares of private label products.
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Table of Contents
Executive Summary
Sector Overview
Current scenario and future outlook
Global Spirits sector overview - what are the growth drivers, latest developments, and future inhibitors
Regional Spirits sector overview - what are the growth drivers, latest developments, and future inhibitors
Key challenges in the global Spirits sector
Shift in alcohol Consumption Patterns
Change in consumption levels in the overall alcoholic beverage industry, 2011-2021
Reasons for shift in consumption patterns
Identifying high potential countries
Analysis of 10 countries on the basis of Risk-Reward analysis (market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure)
Analysis across regions - Asia-Pacific, North America, Latin America, Western Europe and Eastern Europe
High potential country analysis
Future outlook
Case Studies
Competitive Landscape
Leading brands by region
Leading brands by market
About ResearchMoz
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