Title: Ardent Spirits Market
1Ardent Spirits Market - Industry Analysis, Market
Size, Share, Trends, Application Analysis, Growth
And Forecast 2021 - 2026
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. Each product
type has different distillation and fermentation
process, and each of them contains a specific
alcohol content that differs from the others.
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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
product type, the ardent spirit market is
bifurcated into gin, whiskey, rum, brandy,
tequila, and vodka. Amongst the following, Vodka
dominated the ardent spirit industry in the year
2020. The associated reason for such demand is
owing to multiple factors, firstly, Vodka offers
various flavors and varieties like citrus,
orange, green apple, coconut and various others
which appeal to the younger adults. Another
reason for the surge in recent years is
attributed to the premiumization of vodka by the
millennials, making it a popular choice in
cocktails and other drinks.
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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.
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Ardent Spirits Market - Industry Analysis, Market
Size, Share, Trends, Application Analysis, Growth
And Forecast 2021 - 2026Learn More About the
Report _at_ https//www.industryarc.com/Report/1
7829/ardent-spirits-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
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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