#Vodka Distributors In India
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India Vodka and Gin Market Insight, Outlook, Forecast 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India vodka and gin market size at USD 1,450.6 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the India vodka and gin market size to grow at a significant CAGR of 9.34% reaching a value of USD 2,478.06 million by 2029. Major growth drivers for the India vodka and gin market include an increasing young population and a rising level of disposable income. This growing segment, particularly in urban areas, exhibits a heightened interest in experimenting with the latest alcoholic beverages like vodka and gin. The cocktail culture is on the rise, with the emergence of cocktail bars and mixology trends contributing to the growing demand for vodka and gin as crucial base spirits for crafting an array of innovative cocktails. Leading vodka and gin brands are making substantial investments in marketing and branding, effectively increasing both brand awareness and consumer engagement. Also, there is a growing inclination towards premium and high-quality alcoholic beverages, as the economy improves, with consumers increasingly willing to pay more for vodka and gin brands offering unique flavor profiles. However, high taxes and complex regulations imposed by different Indian states are expected to hinder the growth of the vodka and gin market in the country. The alcoholic beverage industry in India faces a complex web of regulations and varying tax structures from one state to another, making it challenging for manufacturers and distributors to navigate the market efficiently. Also, cultural and religious factors play a significant role in shaping consumer preferences and consumption patterns. These factors can influence the demand for alcoholic beverages, especially in certain regions with conservative cultural norms and restrictions on alcohol. Hence, these barriers may pose challenges to the market's growth prospects during the period in analysis.
India Vodka and Gin Market – Overview
The India vodka and gin market represents the sector in India dedicated to the production, distribution, and consumption of vodka and gin alcoholic beverages. This market encompasses the manufacturing and promotion of various vodka and gin brands, including both domestic and international products, and their sale through diverse channels, such as liquor stores, bars, restaurants, and online platforms. Its dynamics are shaped by factors like evolving demographics, shifting consumer preferences, the rise of cocktail culture, marketing strategies, and the increasing demand for premium and high-quality alcoholic beverages. India, celebrated for its diverse culture and rich heritage, has undergone a remarkable shift in its alcohol industry, traditionally favoring spirits like whiskey and rum. However, there has been a noticeable surge in the popularity of vodka and gin, indicating changing consumer preferences and the evolution of a dynamic drinking culture.
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Impact of COVID-19 on India Vodka and Gin Market
COVID-19 pandemic had a mixed impact on the India vodka and gin market. Lockdowns and restrictions on bars and restaurants led to a sharp decline in on-premises consumption. However, off-premises sales, particularly through e-commerce, witnessed growth as consumers shifted to home consumption. The economic uncertainties caused by the pandemic affected consumer spending, impacting the demand for premium vodka and gin. Brands adapted by promoting at-home mixology, innovative packaging, and cost-effective options. Overall, the market faced challenges but also saw opportunities in the changing consumer behavior and the rise of online sales, ultimately reshaping the landscape of the vodka and gin industry in India.
India Vodka and Gin Market – By Type
By type, the India vodka and gin market is bifurcated into Vodka and Gin segments. The vodka segment holds a higher share in the India vodka and gin market by type. Vodka is a versatile spirit that can be consumed in various ways and easily mixed into cocktails, making it a popular choice for a wide range of consumers. Additionally, it is often perceived as a smoother and more neutral spirit, appealing to a broader audience. Furthermore, the vodka segment has witnessed significant innovation with the introduction of flavored and premium vodka options, attracting consumers who seek unique and high-quality experiences. These factors collectively contribute to vodka's dominance in the Indian market over gin. Also, vodka segment is subdivided into flavored and non-flavored. The flavored subsegment dominates the market. Flavored vodka offerings provide a wide range of taste profiles, making them attractive to a diverse consumer base with varying preferences. Their adaptability for use in cocktails and mixology further enhances their popularity. Flavored vodkas tend to resonate with a younger demographic and those seeking unique and innovative drinking experiences. As a result, the flavored vodka subsegment has captured a significant market share, capitalizing on the evolving consumer preferences, particularly in urban areas.
Competitive Landscape
Major players operating in the India vodka and gin market include Bombay Spirits Company LTD, Diageo India, Nao Spirits & Beverages Pvt Ltd, Radico Khaitan Limited, Bacardi Limited, Som Group of Companies, Amber Distilleries Limited, Kaya Spirits, India Glycols Limited, and Terai India Dry Gin. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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An Eventful Footprint of CDL in Northern India
In its existence of over three decades in India, Chhattisgarh Distilleries Limited (CDL) made its mark in their home state, by establishing their popular whisky, rum, vodka, gin brands as the preferred liquor brands in their respective categories. A journey that began with the launch of their whisky brand India No.1, CDL embarked upon their mission of manufacturing international quality liquor on Indian soil back in 1988. Over the next couple of years, CDL introduced a multitude of liquor brands across categories, to cater to the evolving tastes of alcohol lovers in the state and expand its brand offerings as per the audience’s preference.
Gradually, the alcohol consumers in the state started embracing the wide variety of whisky labels manufactured under the CDL brand. Their most popular liquor brands like India No.1, Red Indian Rum and Goa Special whisky etc. struck the right note with liquor lovers in Chhattisgarh and the vocal for local distillery started becoming the preferred choice for individuals for their daily/ occasional consumption. With a vision of “Creating Finest Spirits”, CDL then grew leaps and bounds, to become the largest beverage alcohol manufacturer in the state. Simultaneously, the love showered by liquor consumers in their home state, encouraged CDL to explore new territories and foray into northern states of India.
Equipped with the apt blend of global practices and modern manufacturing techniques, CDL has recently launched its bottling plant in Haryana, to cater to some of the high demand markets of northern India. In line with their expansion plans, CDL team hosted an array of liquor launch events across cities of Mohali, Amritsar, Chandigarh and Karnal etc. to make their presence felt in North India and establish their popular liquor brands India No.1 whisky, Red Indian Rum etc. to appeal to the discerning liquor lovers in these cities. Along with the established whisky and rum brands, CDL also unveiled a new whisky brand – Palm Beach whisky – an exquisite blend blend of high quality Grain ENA and rich Indian malt spirit, with deep gold colour, pleasant aroma, distinct lingering taste and consistent taste & quality, to invoke a sense of satisfaction in the whisky lovers of Haryana. Considering the modern and demanding consumers of liquor in northern India, CDL has also unveiled a more contemporary look and feel for the packaging of its best whisky brand India No.1 Rare Premium in Punjab market. Produced from grain based ENA & blended with premium Indian malt, India No.1 whisky has a legacy of consistency, quality and smoothness in taste & flavour. The blend, with its superior quality & great finesse, resonates well with Chhattisgarh Distilleries Limited’s vision of “Creating Finest Spirits for the Soul”.
Through the liquor launch events, CDL has established its footprint in North India by collaborating with some of the leading distributors/ retailers in the states, to make the popular whisky and rum labels available in Punjab, Haryana etc. The entry of CDL’s liquor brands like India No.1 whisky, Red Indian Rum, Palm Beach whisky etc. will now imply more choice in best liquor brands in Punjab, Haryana etc. for alcohol consumers’ formal and informal gatherings. The launch events witnessed huge crowds of whisky lovers from Mohali, Amritsar, Chandigarh and Karnal cities, welcome CDL (Chhattisgarh Distilleries Limited) team with open arms and shared their liking for all their brands like india No.1, Red Indian Rum, Palm Beach whisky etc. after tasting the liquor brands. With vibrant music, fantastic food and enthusiastic participation from the liquor distributors, liquor retailers and liquor lovers, in individual events across cities of Punjab and Haryana, the showcase of liquor brands of CDL made a lasting impression on all attendees.
With strategic collaborations, dealer tie-ups and channel partnerships, CDL team has made a strong entry in northern market to make their best selling liquor brands available on shelves along side other whisky brands in Haryana & Punjab. At par with global liquor manufacturers, CDL, with its array of liquor brands in market, is executing its vision as a creator of fine spirits that encapsulate the uniqueness of Indian flavours for a global palate. While the growth for CDL in serving their home market has been phenomenal, the sight of its visionary leaders are now firmly set on gradually expanding into the entire Indian market and winning all Indian liquor lovers’ hearts.
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Enjoy a ‘ladies night out with delectable cocktails
Every girl has a girl gang with whom they want to have fun once in a while. A girl needs a ladies’ night out to share their emotions and dance and talk away the entire night! There are delightful cocktails to celebrate such occasions and make the night worthwhile! Beyond Water, one of the leading liquor distributors of India offers a wide range of premium alcohol brands that you can use to make cocktails for your girl’s night out. Whether it’s a celebration of a significant occasion like birthdays, a hen party, or making your best friend forget about their ex or just catching up, you can make your girl’s night out amazing by making and sipping some of the most delectable cocktails. Here are some cocktails that can be made out of brands offered by wholesale liquor distributors:
Smirnoff sorbet light sweetheart-tini
This sensational fruit drink is a classic “girly cocktail” that you can relish with your girlfriends.
Ingredients:
· 1.5 oz of Smirnoff Sorbet Light Raspberry Pomegranate
· 2 oz of lemon-lime soda
· 1.5 oz of cranberry juice
Skinny strawberry green tea mojitos
Are you calorie-conscious? Yet want a fruity taste on your palate? This is a great recipe for you
Ingredients:
· 4 fresh strawberries
· 8 frozen strawberries
· 1 lime, cut into wedges
· 1 lime, juiced
· 1 cup of Lipton Diet Green Tea {Honey Ginseng}
· 4 oz of white rum
· A small handful of mint leaves
· 1 Tbsp of superfine sugar
The Painkiller
If you are a fan of tropical tasting drinks then Painkiller is the most desirable cocktail for you.
Ingredients:
· 2 oz of white rum
· 1 oz of cream of coconut
· 4 oz of pineapple juice
· 1 oz of orange juice
Chocolate cake martini
Do you want to celebrate your ladies’ night with a chocolate-based cocktail? There can be nothing that can surpass a chocolate cake martini. All the deliciousness of a piece of chocolate cake with the right blend of alcohol will make your night exotic.
Ingredients:
· 1½ oz of Godiva Chocolate Liquor
· 2 oz of cake flavored vodka (like Smirnoff or Three Olives brands)
· 2 oz of half and half cream
· Chocolate syrup
· Chocolate shavings (optional)
· Ice
Strawberry and blackberry bellinis
Do you love a good Bellini at brunch? You will adore this exquisite cocktail with strawberries and blackberries. The cocktail can be made of top wine brands offered by premium wine distributors in india.
Ingredients:
· 3 cups of fresh strawberries
· 1 cup of fresh blackberries
· 1/4 cup of sugar
· 750 ml bottle of Moscato d’Asti (or your favorite sparkling wine)
· 9. Cinne-sugar vodka hot chocolate
· Cinne-sugar vodka hot chocolate
By Beyond Water
Beyond Water is an alcohol distribution company bringing you premium quality alcohol brands for distribution from all around the globe. We are distributors of Russian and French Vodka, Rum, Gin, Beer, Tequila, etc.
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Get premium vodka in the town from the renowned AMG vodka distributors in India. With Beyond Luxe, find the most handpicked and classic liquors for vodka lovers.
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RTD Spirit Market - Global Outlook and Forecast 2021-2027
Bharat Book Bureau Provides the Trending Market Research Report on “RTD Spirit Market - Global Outlook and Forecast 2021-2027” under Food & Beverage Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global RTD Spirit Market report contains market size and forecasts of RTD Spirit in global, including the following market information:
Global RTD Spirit Market Revenue, 2016-2021, 2022-2027, ($ millions)
Global RTD Spirit Market Sales, 2016-2021, 2022-2027, (K MT)
Global top five RTD Spirit companies in 2020 (%)
The global RTD Spirit market was valued at 3481 million in 2020 and is projected to reach US$ 3802.1 million by 2027, at a CAGR of 2.2% during the forecast period.
Global RTD Spirit Market has surveyed the RTD Spirit manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global RTD Spirit Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global RTD Spirit Market Segment Percentages, By Type, 2020 (%)
Whiskey
Rum
Vodka
Tequila
Gin
Others
Global RTD Spirit Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global RTD Spirit Market Segment Percentages, By Application, 2020 (%)
Online
Offline
Global RTD Spirit Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global RTD Spirit Market Segment Percentages, By Region and Country, 2020 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies RTD Spirit revenues in global market, 2016-2021 (Estimated), ($ millions)
Key companies RTD Spirit revenues share in global market, 2020 (%)
Key companies RTD Spirit sales in global market, 2016-2021 (Estimated), (K MT)
Key companies RTD Spirit sales share in global market, 2020 (%)
Further, the report presents profiles of competitors in the market, key players include:
Diageo Plc. (U.K.)
Asahi Breweries(Japan)
Suntory Holdings Limited (Japan)
Bacardi Limited (Bermuda)
Pernod Ricard SA (France)
Halewood International Limited (U.K.)
The Brown-Forman Corporation (US)
Browse our full report with Table of Content :
https://www.bharatbook.com/report/1003097/rtd-spirit-market-global-outlook-and-forecast
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Global Vodka Market Research Report 2021 Professional Edition
The research team projects that the Vodka market size will grow from XXX in 2020 to XXX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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By Market Players:
Belvedere
Brown-Forman
Diageo
Gruppo Campari
Pernod Ricard
Russian Standard
Bacardi
Brown-Forman
Central European Distribution
Constellation Spirits
Distell Group
IceBerg Vodka
Proximo Spirits
Savor Stoli
Shiva Distilleries
Soyuz Victan
Suntory
The Wine Group
Tilak Nagar Industries
By Type
Type I
Type II
By Application
Specialist Retailers
Hypermarkets and Supermarkets
Independent Retailers
Convenience Stores
Other
By Regions/Countries:
North America
United States
Canada
Mexico
East Asia
China
Japan
South Korea
Europe
Germany
United Kingdom
France
Italy
Russia
Spain
Netherlands
Switzerland
Poland
South Asia
India
Pakistan
Bangladesh
Southeast Asia
Indonesia
Thailand
Singapore
Malaysia
Philippines
Vietnam
Myanmar
Middle East
Turkey
Saudi Arabia
Iran
United Arab Emirates
Israel
Iraq
Qatar
Kuwait
Oman
Africa
Nigeria
South Africa
Egypt
Algeria
Morocoo
Oceania
Australia
New Zealand
South America
Brazil
Argentina
Colombia
Chile
Venezuela
Peru
Puerto Rico
Ecuador
Rest of the World
Kazakhstan
Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of Vodka 2016-2021, and development forecast 2022-2027 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2020.
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2021 & Sales by Product Types.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2022-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Market Analysis by Product Type: The report covers majority Product Types in the Vodka Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD).
Markat Analysis by Application Type: Based on the Vodka Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Vodka market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
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Table of content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Vodka Revenue
1.4 Market Analysis by Type
1.4.1 Global Vodka Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Type I
1.4.3 Type II
1.5 Market by Application
1.5.1 Global Vodka Market Share by Application: 2022-2027
1.5.2 Specialist Retailers
1.5.3 Hypermarkets and Supermarkets
1.5.4 Independent Retailers
1.5.5 Convenience Stores
1.5.6 Other
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Vodka Market
1.8.1 Global Vodka Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Vodka Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Vodka Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Vodka Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Vodka Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Vodka Sales Volume Market Share by Region (2016-2021)
3.2 Global Vodka Sales Revenue Market Share by Region (2016-2021)
3.3 North America Vodka Sales Volume
3.3.1 North America Vodka Sales Volume Growth Rate (2016-2021)
3.3.2 North America Vodka Sales Vo
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Significant Impact of COVID-19 on Craft Spirits in Food & Beverages Industry
COVID-19 Impact on Craft Spirits in Food and Beverages Industry
MARKET OVERVIEW:
Craft spirits are handcrafted spirits produced with small distilleries with less distillation process. Various spirits such as whisky, rum, vodka, gin, and tequila are majorly consumed across the entire continent. The majority of the small distilleries have been focused on produced handcrafted gin due to their increasing demand in the bars and taste tours. Most craft distillation uses their local ingredients as most distilleries distribute their crafts in the local market. The United States majorly occupies the demand of the craft distillers. The total number of current working craft distillers in the USA is approximately 2,046 in 2019 from 1,835 in 2018. According to the American Craft Spirits Association (ACSA), the American craft spirit share's current volume share is approximately 5.6% of the total spirits market and has registered the highest growth rate in any liquor up-to 25% to 30%. The increased demands for local flavor spirits and growing consumption of handcrafted spirits have boosted the market's growth.
COVID-19 IMPACT ON CRAFT SPIRITS:
The Novel COVID-19 has crushed over the craft spirits industry due to forceful shutdown of craft distilleries and extended lockdown of distilleries in initial days. The craft spirits business had to step out with challenging decisions, such as the shutdown of testing rooms, production closures, and employees' furloughing. The spirits are imported from European countries such as the United Kingdom, Germany, Ireland, Italy, France, and Spain. However, before the pandemic, the U.S. government has imposed a 25% hike in the tariff charges of the spirits such as whisky, liqueurs, and cordials imported from European countries to boost the production market in American countries itself. The drastic hike has devasted the small craft spirits business, which was already struggling to sustain itself in the market.
· According to the study conducted by American Distillers Association in 2019, the total on-site revenue is estimated to be USD 919 million and almost 50% revenue of the craft distillers are from their tasting room sites.
According to the Distilled Spirits Council of the United States (DISCUS) and American Distilling Institute (ADI) has predicted that there is a fall in the consumption of craft spirits, estimated up to USD 700 million in 2020. Moreover, the employees associated with the craft distillery have left approximately 31% counting 4,600 employees due to the absence of on-premises sales and closing of tasting rooms.
The craft spirits was high as liquor stores were likely to drive the sale compare to the branded spirits as growing attribution of tasting rooms and gift shops.
· However, the Craft distillers discussed with the Distilled Spirits Council of the United States (DISCUS) and American Distilling Institute (ADI) that pandemic hampered the growth of the on-site sales and which is down up to 25% and almost 15% of the distillers stated that their tasting rooms have completely shut down.
Various companies have priory shown an upsurge in their revenue from craft spirits, which drastically impacted by pandemic. For instance,
· St. Augustine craft distillers have majorly impacted by the COVID-19 pandemic and stated that their revenue have been down fall up-to 35% to 40%. Also, the CFO of the company stated that 70% of the source of their revenue is close and the visitor’s number has drastically reduced up to 43% compared to 2019.
· “High Wire Distilling in Charleston, SC, has seen a 40% drop in overall sales, year-over-year. “Both our retail and wholesale have taken a hit,”- cofounder Ann Marshall.
In Craft spirits, the majority of the distribution share is being held by the wholesale distributors, such as cafes, restaurants, bars, hotels, and catering services. According to the article published by Distilled Spirits Council of the United States (DISCUS) and American Distilling Institute (ADI), 25% of the distilleries mentioned that they had lost due to the pandemic their wholesale business ultimately.
For instance,
· In the United States food service sector is the second largest private employer entity with approximately 15.6 million annually. Among these according to National Restaurant Association (NRA) restaurants counts 1 million with fast food outlets in USA.
· The National Restaurant Association (NRA) have estimated that the sales generated from small service sector including eateries such as restaurants, hotels, bars, cafes and catering will show downturn approximately USD 225 Billion in the month of March, April and May which from quarter estimated value counting USD 899 billion.
With restaurants and bars closed or operating at reduced capacity due to the pandemic, this has a ripple effect on distilleries. Sales to liquors stores or package stores have helped offset the effect somewhat.
· In European countries, the United Kingdom is one of the dominant markets under the craft spirits market, and pandemics have drastically slowed down the heritage craft spirits. Heritage Crafts Association (HCA), associated with the craft liquor market, has reported that the craft beverages' order has been down to 67% in a pandemic. The artistry engaged in craft drinks production is almost 60% of them with zero financial income.
“Government has the UK started with initiatives to regain the craft market with the hashtag of #ArtistSupportPledge. The initiative, supported by The Crafts Council, asks artists to post images using the hashtag while giving details of their works and price (up to a maximum of £200), and every time an artist reaches £1,000 of sales, they pledge to buy £200 of work from another artist.” Pandemic has boosted the market of direct to consumer channel for the distilleries and grocery industry, which a life savior for the craft spirits producers. The challenges faced by the on-premises sale, various companies have made their entrance through the e-commerce channel to distribute their craft distiller directly to the consumers in this pandemic.
Company Initiative New Spirits:
“In August 2020, Terai India Dry Gin has launched in collaboration with The Proof Creative Team. “
-TERAI Dry Gin
Texas Distillery Launches New Whiskey During Pandemic
“Promoting a new spirit during a pandemic has been challenging. Not being able to do on-premise tasting has hurt the craft industry. People have continued to buy spirits, but they maybe only buy things that they already know.”
- Godevais, Texas Distillery
“COVID-19 has been the cause of a major shift across the board for the beverage industry — adversely affecting several areas including bars, restaurants and independent distilleries that have had to shut down tasting rooms and even pivot their production to supply essential hand sanitizer. But this has also led to a positive impact on e-commerce sales for the spirits industry and new customers purchasing online.
- Weiss says, Michael Weiss, CEO and founder of Lincolnwood, Ill.-based Spirit Hub
“The American Craft Spirits Association (ACSA) has been working closely with the U.S. Food and Drug Administration (FDA) and the Alcohol”
“Alcobrew launches One More Pure Craft Vodka”
- Alcobrew Distilleries
“We found that many craft gins in the U.K. were using ‘exotic’ ingredients like cardamom and cinnamon, which we already have in South East Asia, so we thought why not make use of it.”
“Craft gin RM Singapore Distillery has launched new products, made from a blend of Asian herbs and spices common in the region.”
- Craft Gin Firm
CONCLUSION
The majority of the initiatives to consume locally handcrafted products and government authorities' funding to boost small distillers' growth will help reshape the overall spirits market. Various craft spirits producers have shifted their workplace in the preparation of sanitizer to fight against the COVID-19 pandemic. Companies' strategic steps have helped them sustain in the market and with their brand equity among consumers.
The disruptions in craft spirits and lockdown of the tasting distilleries and tours have slowed down the craft spirits market. The shutdown of on premises wholesale channel from where most craft spirits revenue is being extracted has drastically impacted the sale volume of crafted spirits. However, the development of the off-premises platform and the small distillers' website development have made an opportunity for local players. The high tariff charges established by the American and European governments have not scratched the giant spirit producers. In contrast, it has drastically impacted the small distillers, which cannot sustain in the stock market.
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Significant COVID-19 Impact on Craft Spirits in Food and Beverages Industry | Data Bridge Market Research
COVID-19 Impact on Craft Spirits in Food and Beverages Industry
MARKET OVERVIEW:
Craft spirits are handcrafted spirits produced with small distilleries with less distillation process. Various spirits such as whisky, rum, vodka, gin, and tequila are majorly consumed across the entire continent. The majority of the small distilleries have been focused on produced handcrafted gin due to their increasing demand in the bars and taste tours. Most craft distillation uses their local ingredients as most distilleries distribute their crafts in the local market. The United States majorly occupies the demand of the craft distillers. The total number of current working craft distillers in the USA is approximately 2,046 in 2019 from 1,835 in 2018. According to the American Craft Spirits Association (ACSA), the American craft spirit share's current volume share is approximately 5.6% of the total spirits market and has registered the highest growth rate in any liquor up-to 25% to 30%. The increased demands for local flavor spirits and growing consumption of handcrafted spirits have boosted the market's growth.
COVID-19 IMPACT ON CRAFT SPIRITS:
The Novel COVID-19 has crushed over the craft spirits industry due to forceful shutdown of craft distilleries and extended lockdown of distilleries in initial days. The craft spirits business had to step out with challenging decisions, such as the shutdown of testing rooms, production closures, and employees' furloughing. The spirits are imported from European countries such as the United Kingdom, Germany, Ireland, Italy, France, and Spain. However, before the pandemic, the U.S. government has imposed a 25% hike in the tariff charges of the spirits such as whisky, liqueurs, and cordials imported from European countries to boost the production market in American countries itself. The drastic hike has devasted the small craft spirits business, which was already struggling to sustain itself in the market.
· According to the Distilled Spirits Council of the United States (DISCUS) and American Distilling Institute (ADI) has predicted that there is a fall in the consumption of craft spirits, estimated up to USD 700 million in 2020. Moreover, the employees associated with the craft distillery have left approximately 31% counting 4,600 employees due to the absence of on-premises sales and closing of tasting rooms.
The craft spirits was high as liquor stores were likely to drive the sale compare to the branded spirits as growing attribution of tasting rooms and gift shops.
· According to the study conducted by American Distillers Association in 2019, the total on-site revenue is estimated to be USD 919 million and almost 50% revenue of the craft distillers are from their tasting room sites.
· However, the Craft distillers discussed with the Distilled Spirits Council of the United States (DISCUS) and American Distilling Institute (ADI) that pandemic hampered the growth of the on-site sales and which is down up to 25% and almost 15% of the distillers stated that their tasting rooms have completely shut down.
Various companies have priory shown an upsurge in their revenue from craft spirits, which drastically impacted by pandemic. For instance,
· St. Augustine craft distillers have majorly impacted by the COVID-19 pandemic and stated that their revenue have been down fall up-to 35% to 40%. Also, the CFO of the company stated that 70% of the source of their revenue is close and the visitor’s number has drastically reduced up to 43% compared to 2019.
· “High Wire Distilling in Charleston, SC, has seen a 40% drop in overall sales, year-over-year. “Both our retail and wholesale have taken a hit,”- cofounder Ann Marshall.
In Craft spirits, the majority of the distribution share is being held by the wholesale distributors, such as cafes, restaurants, bars, hotels, and catering services. According to the article published by Distilled Spirits Council of the United States (DISCUS) and American Distilling Institute (ADI), 25% of the distilleries mentioned that they had lost due to the pandemic their wholesale business ultimately.
For instance,
· In the United States food service sector is the second largest private employer entity with approximately 15.6 million annually. Among these according to National Restaurant Association (NRA) restaurants counts 1 million with fast food outlets in USA.
· The National Restaurant Association (NRA) have estimated that the sales generated from small service sector including eateries such as restaurants, hotels, bars, cafes and catering will show downturn approximately USD 225 Billion in the month of March, April and May which from quarter estimated value counting USD 899 billion.
With restaurants and bars closed or operating at reduced capacity due to the pandemic, this has a ripple effect on distilleries. Sales to liquors stores or package stores have helped offset the effect somewhat.
· In European countries, the United Kingdom is one of the dominant markets under the craft spirits market, and pandemics have drastically slowed down the heritage craft spirits. Heritage Crafts Association (HCA), associated with the craft liquor market, has reported that the craft beverages' order has been down to 67% in a pandemic. The artistry engaged in craft drinks production is almost 60% of them with zero financial income.
“Government has the UK started with initiatives to regain the craft market with the hashtag of #ArtistSupportPledge. The initiative, supported by The Crafts Council, asks artists to post images using the hashtag while giving details of their works and price (up to a maximum of £200), and every time an artist reaches £1,000 of sales, they pledge to buy £200 of work from another artist.” Pandemic has boosted the market of direct to consumer channel for the distilleries and grocery industry, which a life savior for the craft spirits producers. The challenges faced by the on-premises sale, various companies have made their entrance through the e-commerce channel to distribute their craft distiller directly to the consumers in this pandemic.
Company Initiative New Spirits:
“In August 2020, Terai India Dry Gin has launched in collaboration with The Proof Creative Team. “
-TERAI Dry Gin
Texas Distillery Launches New Whiskey During Pandemic
“Promoting a new spirit during a pandemic has been challenging. Not being able to do on-premise tasting has hurt the craft industry. People have continued to buy spirits, but they maybe only buy things that they already know.”
- Godevais, Texas Distillery
“COVID-19 has been the cause of a major shift across the board for the beverage industry — adversely affecting several areas including bars, restaurants and independent distilleries that have had to shut down tasting rooms and even pivot their production to supply essential hand sanitizer. But this has also led to a positive impact on e-commerce sales for the spirits industry and new customers purchasing online.
- Weiss says, Michael Weiss, CEO and founder of Lincolnwood, Ill.-based Spirit Hub
“The American Craft Spirits Association (ACSA) has been working closely with the U.S. Food and Drug Administration (FDA) and the Alcohol”
“Alcobrew launches One More Pure Craft Vodka”
- Alcobrew Distilleries
“We found that many craft gins in the U.K. were using ‘exotic’ ingredients like cardamom and cinnamon, which we already have in South East Asia, so we thought why not make use of it.”
“Craft gin RM Singapore Distillery has launched new products, made from a blend of Asian herbs and spices common in the region.”
- Craft Gin Firm
CONCLUSION
The disruptions in craft spirits and lockdown of the tasting distilleries and tours have slowed down the craft spirits market. The shutdown of on premises wholesale channel from where most craft spirits revenue is being extracted has drastically impacted the sale volume of crafted spirits. However, the development of the off-premises platform and the small distillers' website development have made an opportunity for local players. The high tariff charges established by the American and European governments have not scratched the giant spirit producers. In contrast, it has drastically impacted the small distillers, which cannot sustain in the stock market.
The majority of the initiatives to consume locally handcrafted products and government authorities' funding to boost small distillers' growth will help reshape the overall spirits market. Various craft spirits producers have shifted their workplace in the preparation of sanitizer to fight against the COVID-19 pandemic. Companies' strategic steps have helped them sustain in the market and with their brand equity among consumers. Read more…
#Craft Spirits Market#Craft Spirits Market Analysis#Craft Spirits Market Analysis in Developed Countries#Craft Spirits Market by Application#Craft Spirits Market by Type#Craft Spirits Market Development#Craft Spirits Market Forecast#Craft Spirits Market Future Innovation
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Alcoholic Beverage Packaging Market
Summary:
Alcoholic beverage packaging provides packaging for beverages that contain alcohol. Packaging containers are used for the storage of alcoholic beverages such as beer, wine, vodka, whiskey, rum, and champagne.
The European region Alcoholic Beverage Packaging market is projected to grow at the highest CAGR during the forecast period.
The global Alcoholic Beverage Packaging market was xx million US$ in 2019 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2020 and 2027.
This report studies the Alcoholic Beverage Packaging market size (value and volume) by players, regions, product types and end industries, history data 2017-2018 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Alcoholic Beverage Packaging in these regions, from 2014 to 2027, covering
· North America (United States, Canada and Mexico)
· Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
· South America (Brazil etc.)
· Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
· Amcor
· Ardagh Group
· Ball Corporation
· Crown Holdings
By the product type, the market is primarily split into
· Glass
· Plastic
· Other
By the end users/application, this report covers the following segments
· Fermented Drinks
· Preparation Of Wine
· Distilled Spirits
· Other
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We can also provide the customized separate regional or country-level reports, for the following regions:
· North America
o United States
o Canada
o Mexico
· Asia-Pacific
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Singapore
o Malaysia
o Philippines
o Thailand
o Vietnam
o Rest of Asia-Pacific
· Europe
o Germany
o France
o UK
o Italy
o Spain
o Russia
o Rest of Europe
· Central & South America
o Brazil
o Rest of Central & South America
· Middle East & Africa
o GCC Countries
o Turkey
o Egypt
o South Africa
o Rest of Middle East & Africa
The study objectives of this report are:
· To study and analyze the global Alcoholic Beverage Packaging market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2019, and forecast to 2027.
· To understand the structure of Alcoholic Beverage Packaging market by identifying its various subsegments.
· To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
· Focuses on the key global Alcoholic Beverage Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
· To analyze the Alcoholic Beverage Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.
· To project the value and volume of Alcoholic Beverage Packaging submarkets, with respect to key regions (along with their respective key countries).
· To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
· To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Alcoholic Beverage Packaging are as follows:
· History Year: 2017-2018
· Base Year: 2019
· Estimated Year: 2019
· Forecast Year 2020 to 2027
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Alcoholic Beverage Packaging market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
· Key Stakeholders
· Raw material suppliers
· Distributors/traders/wholesalers/suppliers
· Regulatory bodies, including government agencies and NGO
· Commercial research & development (R&D) institutions
· Importers and exporters
· Government organizations, research organizations, and consulting firms
· Trade associations and industry bodies
· End-use industries
Available Customizations
With the given market data, we offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Alcoholic Beverage Packaging market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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#Alcoholic Beverage Packaging Market Size#Alcoholic Beverage Packaging Market#Alcoholic Beverage Packaging Market Share#Alcoholic Beverage Packaging Market Forecast#Alcoholic Beverage Packaging Market Growth
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Global Luxury Wines and Spirits Market Growth Drivers, Vendors Profiles, Demands and Top Players, 2020-2025
Global Luxury Wines and Spirits report offers conceptual study and strategic analysis on Luxury Wines and Spirits Industry which caters market scope, applications, topographical presence. Various regions and countries which drive the Luxury Wines and Spirits market are United States, Europe, Japan, China, Korea, India and Middle East countries, South America and the rest of the world. Global Luxury Wines and Spirits market provides an in-depth presentation, stating the present state of Luxury Wines and Spirits Market. The past, present and forecast market statistics and plans are presented in this report.
The Top Key-Players Are
Pernod Ricard, Brown Forman, Diageo, Bacardi, United Spirits, ThaiBev, Campari, Edrington Group, Bayadera Group, LMVH, William Grant & Sons, HiteJinro, Beam Suntory
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The central overview of Luxury Wines and Spirits, revenue estimation, product definition, Luxury Wines and Spirits Market scope, industry chain view and share are studied. Furthermore, the latest Luxury Wines and Spirits Industry policies, plans, product launches, wide applications, production volume, capacity and utilization statistics of Luxury Wines and Spirits Market is evaluated in this report.
The eminent Luxury Wines and Spirits Industry players, their revenue share, geographical presence, and share is explained. Also, complete company profiles and SWOT analysis is carried out to help the readers in making profitable decisions. This will help the Luxury Wines and Spirits Market aspirants and emerging players in defining a complete Luxury Wines and Spirits Industry picture and development scope.
Luxury Wines and Spirits Market Abstract:
At an initial stage, the Luxury Wines and Spirits Market Research Report broadly studies the product details, pricing structure, raw material and other cost involved in this industry. Also, major applications, existing and emerging Luxury Wines and Spirits Market players are profiled. The top strategies implemented by leading Luxury Wines and Spirits Market players and its inclination towards growth is included in this report.
The forecast Luxury Wines and Spirits market numbers, projected growth, analysis of emerging sectors, market share and regional analysis is implemented for future plans. The users can state their requirements and we can design a custom report for the same.
The Luxury Wines and Spirits Market research study along with the inputs and market driving factors will cover precise Luxury Wines and Spirits statistics. The growth factors and risk assessment is conducted to define Luxury Wines and Spirits Market development scope. Also, mergers & acquisitions, traders, dealers, distributors are studied on a global scale.
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Luxury Wines and Spirits Market Essentials:
Deep research and concrete study backed by versatile research techniques will offer authenticity and reliability in Luxury Wines and Spirits Market numbers.
The market driving factors studied during the past 5 years will offer a feasibility check and investment scope.
The valuable developments seen in Luxury Wines and Spirits market will help the players in designing their business plans and structure.
The understandings into futuristics Luxury Wines and Spirits market trends, application segments, and growth will lead to profitable decisions.
The primary and secondary research techniques and verified data sources will provide fundamental Luxury Wines and Spirits Market picture.
By Type:
Gin
Whisky
Rum
Vodka
Brandy
Tequila
Natural
Flavoured
By Application:
Wholesale, Retail Stores, Department Stores, Online Retailers,
Browse TOC:https://marketstream.biz/report/luxury-wines-and-spirits/8569#toc
Table Of Content:
Segment 1and 2:
Definition, Luxury Wines and Spirits market presence, segmentation, applications, concentration, Luxury Wines and Spirits Market size calculation is done. Also, the topographical presence in different countries is estimated from 2014-2019. Luxury Wines and Spirits Production numbers, CAGR value is studied for every region and top players in Luxury Wines and Spirits Industry. Latest, plans & policies, regulations, new product launches are profiled.
Segment 3 and 4:
The Luxury Wines and Spirits industry chain view, production status, raw material and pricing structures are covered. The buyers, traders, dealer and distributors in Luxury Wines and Spirits Market are studied separately. The Luxury Wines and Spirits market bifurcation states the growth, revenue, share and value from 2014-2019.
Segment 5 and 6:
This segment covers the demand and supply aspects and gross margin in Luxury Wines and Spirits Industry for specified regions.
Segment 7 and 8:
Under this, the competitive industry picture and volume wise regional study are conducted.
Segment 9 and 10:
This segment explains the forecast Luxury Wines and Spirits Industry overview and expected development in Luxury Wines and Spirits Industry. The forecast analysis in Luxury Wines and Spirits Market is a 5-year prediction on Luxury Wines and Spirits Industry status.
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Celebrate this Valentine’s Day with some stunning cocktails!
Love is in the air! It is that time of the year again when not just lovers but individuals celebrate with their loved ones! Yes, Valentine’s Day is here! If you’re planning a romantic meal, you will certainly need a sensational drink along with it to help set the mood! You can enjoy the fun sweet and attractive relationships with a delicious cocktail and make the day worth remembering! Relish the delectable cocktails for the special day; contact Beyond Water, one of the most reputed wine and liquor distributors in India offering a wide range of premium alcohol brands.
Here are some of the most tempting cocktails that will make your day special!
Love Potion
This aptly-named cocktail is a magical treat for starry-eyed lovers. The delicious and creamy blend of strawberry ice cream and vodka will make you swoon with love! For premium vodkas like AMG Vodka , Mont Blanc Vodka and many more.contact Beyond Water one of the best vodka distributors in India.
Ingredients:
· 1 ½ ounces vodka
· 2 cups strawberry ice cream(280 g), softened, but not melted
· 2 oz grenadine(55 mL)
· ½ cup rose water(120 mL)
· 2 drops red food coloring
· 15 oz lemon-lime soda(425 mL)
· ½ teaspoon pink luster dust
Raspberry martini
The raspberry martini belongs to the long list of flavored vodka martinis. The ingredients of vodka martinis vary and can be a special drink for your loved one on Valentine’s Day!
Ingredients:
· 1 Tbsp. (1/2 ounce) simple syrup
· 2 Tablespoons (1 ounce) cranberry juice
· 3 Tablespoons (1 1/2 ounces) berry vodkas, such as Sobieski or SKYY
· 1 Tbsp. plus 1 1/2 teaspoons (3/4 ounce) lemon juice
· 1/4–1/2 cup ice
· 1 sprig of rosemary
Chocolate Martini
Valentine’s Day without chocolates is not an option. You can have the time of your life this Valentine’s Day with a drink that has chocolate! You can try mixing the exclusive Versace Vodka distributed by Beyond Water, for the cocktail.
Ingredients:
· 2 tbsp. chocolate syrup, plus more for drizzling
· 4 oz. Baileys
· 4 oz. chocolate liqueur
· 4 oz. vodka
· Ice
· Shaved chocolate (optional)
Vampire’s Kiss
The Vampire’s Kiss cocktail is an exciting and vibrant bright red cocktail made with vodka and raspberry liqueur. The drink often includes champagne. Contact Beyond Water as they are vodka distributors of some of the exclusive vodkas.
Ingredients:
· 20ml raspberry liqueur
· 25ml vodka
· ice
· A handful of frozen raspberries
· Red sugar to garnish (optional)
· Champagne, to top up
By Beyond Water
Beyond Water is an alcohol distribution company bringing you premium quality alcohol brands for distribution from all around the globe. We are distributors of Russian and French Vodka, Rum, Gin, Beer, Tequila, etc.
#Alcohol Wholesale Distributors#Wholesale Liquor Distributors#Wine And Liquor Distributors#Beer Wholesale Distributors#Vodka Distributors#Gin Wholesale Distributors#Gucci Cigarette Distributors#Mackintosh Cigarette Distributors#Dausuz Mineral Water Distributors#Alcohol Wholesale Distributors In India#Wine And Liquor Distributors In India#Jameson Distributor In India#Vodka Distributors In India#Gin Distributors In India#Uberto Gucci Cigarette In India#Mackintosh Cigarette In India#Dausuz Mineral Water Distributors In India#Alcohol Wholesale Distributors In Dubai#Wine And Spirit Distributors In Dubai#Premium Wine Distributors In Dubai#Beer Wholesale Distributors In Dubai#Vodka Distributors In Dubai#Gucci Cigarette Distributors In Dubai#Dausuz Mineral Water Distributors In Dubai#Alcohol Wholesale Distributors In USA#Wine Wholesale Distributors In USA#Beer Wholesale Distributors In USA#Gucci Cigarette Distributors In USA#Mackintosh Cigarette Distributors In USA#Uberto Gucci Cigarette In Canada
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Now weekend party rocks with series of classic Wines, Gins and AMG Vodkas. Join hands with Beyond Luxe, the trusted imported alcohol distributor in India to make your parties a hit!
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Global Gluten Free Alcoholic Drink Market Growth Drivers, Opportunities and Challenges 2024
Summary - A new market study, titled “Global Gluten Free Alcoholic Drink Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” has been featured on WiseGuyReports.
Scope of the Report:
The worldwide market for Gluten Free Alcoholic Drink is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Gluten Free Alcoholic Drink in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Hendricks
Titos
Captain Morgan
Casamigos
Bombay Sapphire East
Cabo Wabo
Don Julio
Cuervo Gold
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Gluten-Free Beer
Gluten-Free Spirits
Gluten-Free Gin
Gluten-Free Rum
Gluten-Free Tequila
Gluten-Free Vodka
Gluten-Free Whiskey
Other
Also Read: https://www.openpr.com/news/2131071/gluten-free-alcoholic-drink-global-market-2020-major-kay
Market Segment by Applications, can be divided into
Supermarkets and Hypermarkets
Convenience Stores
Specialist Retailers
Online Retailers
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gluten Free Alcoholic Drink product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Gluten Free Alcoholic Drink, with price, sales, revenue and global market share of Gluten Free Alcoholic Drink in 2017 and 2018.
Chapter 3, the Gluten Free Alcoholic Drink competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gluten Free Alcoholic Drink breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Gluten Free Alcoholic Drink market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Gluten Free Alcoholic Drink sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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GLOBAL DISTILLED SPIRITS MARKET ANALYSIS
Distilled spirits are referred to alcoholic beverages and are manufactured by the distillation of fruits, vegetables or grains after they have gone through the fermentation process. The distillation process helps removing the diluting component such as water and increases the alcohol content in the beverage. Distilled spirits are the alcoholic beverage that contains at least 20% alcohol by volume (ABV), including whiskey, vodka, rum, gin, tequila, brandy and others. Wine, cider and beer are not considered as distilled spirit owing to the low alcohol content by volume in these beverages (less than 10%).
Market Dynamics
The rising number of young population worldwide, is considered as the major driver for the distilled spirits market. Furthermore, the rising demand for super premium and premium whiskey coupled with the rising disposable income of the consumers are another factors aiding to the global growth of this market.
Europe dominated the distilled spirits market in 2016. This is majorly due to the increasing young or adult demographic in the region with France being the leading market for alcoholic beverages and is followed by Germany, Italy, UK, and others. The high consumption of alcoholic beverages in the countries including Estonia, Belarus and Lithuania is further supporting the growth of distilled spirits market in the region.
Asia Pacific is expected to project the fastest growth in the global distilled spirits market during the forecast period, owing to the steadily growing demand for these beverages from the countries including China and India. In addition to this, increasing population, rising living standard, substantial growth in the disposable income and the inclination of young generation towards the western culture, are the factors, aiding to the growth of this market.
Key features of the study:
This report provides in-depth analysis of the distilled spirits market, market size (US$ Bn), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025).
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players.
It profiles leading players in the global distilled spirits market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
The global distilled spirits market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical devices companies, new entrants, and financial analysts.
Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the distilled spirits market.
Figure1. Global Spirits Market Share, By Product, 2016
Detailed Segmentation:
Global Distilled Spirits Market, By Product:
Global Distilled Spirits Market, By Distribution Channel:
Whiskey
Vodka
Rum
Gin
Tequila
Brandy
Others
Supermarkets
Hypermarkets
Specialty Stores
Drug Stores
Online
Others
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Company Profiles
Diageo plc*
Pernod-Ricard SA
Constellation Brands Inc
Brown-Forman Corporation
Remy Cointreau SA
Marie Brizard Wine & Spirits
Lapostolle SA
Berentzen-Gruppe AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
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Phone: +1-206-701-6702
Email: [email protected]
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Rising Indian alcohol market is making manufacturers and distributors of alcohol thirsty for more business
It appears that everyone in India is going thirsty for alcohol. With 8.8% of growth (CAGR), Indian alcohol market is just exploding.
3rd largest liquor market globally, the market size of liquor sales in India is over US $35 billion. A little over 600 million people in India are over the legal drinking age in India.
Other than India being the largest consumer of Whiskey in the world, Wine is becoming extremely popular especially among women in India. There is 22.8% growth in the Vodka's demand. The punch here is that with the growing middle class population, these current numbers will pale in coming years. The consumption of alcohol in India will reach 16.8 billion liters by the year 2022.
Most of the sale of alcohol in India is coming from Tier 1 and Tier 2 cities. Growing income leading to rising spending power mixed with access to alcohol at restaurants and liquor stores is the reason for such a remarkable increase in demand.
Read More...https://entryindia.com/
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