Food And Beverages

Global Spirits Market Overview And Prospects – includes Spirits Market Size

Learn about the global spirits market through The Business Research Company, which provides information on spirits market size, spirits market drivers and restraints, spirits market players, the COVID-19 impact on the spirits market, and more.

 

The global spirits market size is expected to grow from $132.11 billion in 2021 to $145.65 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. The global spirits market size is expected to grow to $207.1 billion in 2026 at a CAGR of 9.2%.

 

The companies in the spirits market are expected to benefit from rising demand for spirits manufacturing (distilleries) products due to the rising population, during the forecast period.

 

Request A Sample For The Global Spirits Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3559&type=smp

 

The spirits market consists of sales of potable liquors, ethyl alcohol, grain alcohol, and spirits by entities (organizations, sole traders, and partnerships) that distill and blend liquors. The companies in the distilleries industry process raw materials into potable liquors, ethyl alcohol, grain alcohol, and spirits, package and distribute them through various distribution channels to both individual customers and commercial establishments.

 

Global spirits market segments include:

By Type: Whiskey, Vodka, Rum, Tequila, Gin, Others

By Distribution Channel: Off-Trade Channels, On-Trade Channels

By Category: Mass, Premium

Subsegments Covered: Single Malt, Other Whiskey

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the spirits market in 2021.

 

Spirits manufacturers are now offering ready-to-mix hybrid beverages to cater to changing consumer tastes and preferences. Hybrid beverages are a blend of alcoholic drinks from multiple beverage categories. They are prepared by using unique flavour combinations, ingredients, and production methods from multiple drinks.

 

TBRC’s spirits market report covers:

Major Market Players: Diageo plc, Pernod Ricard, Thai Beverage public co., The Brown–Forman Corporation, kirin holdings co ltd, Christian Dior SE, The Molson Coors Brewing Company, Suntory Holdings Limited, Asahi Group Holdings Ltd, and Anheuser-Busch InBev sa/nv.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Spirits Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides spirits market overviews, analyzes and forecasts market size, share, spirits market players, spirits market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s spirits market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here is a list of similar reports from The Business Research Company:

Red Wine Global Market Report 2022

Alcoholic Beverages Global Market Report 2022

Wine And Brandy Global Market Report 2022

 

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

 

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

 

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