Title: Ardent Spirits Market
1Ardent Spirits Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
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- The Ardent spirit market is projected to grow at
a CAGR of 6.1 during the forecast period
2021-2026, and is poised to contribute a market
value equivalent of 25 Billion by 2026. - Ardent spirits are a category of ethyl alcohol
that are fermented from vegetables and fruits and
go through several rounds of distillations. - After the entire process of distillation, each
product type is aged according to the standard
and requirement. - Ardent Spirits consist of gin, vodka, tequila,
rum and whiskey along with others are considered
in alcoholic drinks.
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- Key Takeaways
- In the year 2020, North America owed the maximum
share in the market of ardent spirits, owing to a
surge in demand in the beverages industry and
also due to a surge in the sale of mezcal
products, that are a type of spirit closely
related to tequila. - Increasing preferences of the millennial
generation for fair trade products and the
premiumization of premium drinks would drive the
Asia-Pacific region revenues in the projected
period. - An in-depth SWOT Analysis, i.e., Strength,
Weakness, Opportunities and Threats would be
provided in the market report of Ardent Spirits
Market.
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By Distribution Channel- Segment Analysis By
distribution channel, the ardent spirit industry
is again bifurcated into two channels, namely,
off-trade and on trade. The former focuses on
selling products via stores of different kinds,
while the latter focuses on the selling of
alcohol via businesses like restaurants, bars,
and clubs. In the year 2020, off-trade
constituted a revenue which was dominant in the
channel. The reason for an uprising demand is
associated with COVID-19, which forced the
economies to go under strict lockdown.
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- Ardent Spirits Market Industry Outlook
- Diageo
- Pernod Ricard
- Titos Handmade Vodka
- HITEJINRO CO., LTD
- Brown Forman Corporation
- Bacardi Limited
- Tanduay Distillers, Inc.
- Allied Blenders and Distillers Pvt. Ltd. (ABD)
- Guizhou Moutai Wine Co., Ltd.
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Ardent Spirits Market Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Report/17829/ardent-s
pirits-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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