Global Liqueur Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026
MarketResearch.biz delivers in-depth insights on the global liqueur market in its upcoming report titled, “Global Liqueur Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global liqueur market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global liqueur market report has been segmented on the basis of type, distribution channel, packaging, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
A liqueur is an alcoholic beverage made from distilled spirit flavored with either fruit, cream, herbs, spices, flowers or nuts, and is bottled with added sugars and other sweeteners.
Social acceptance for consumption of alcohol in some culture and rising demand for premium liqueur products in developing countries are major factors driving growth of the global liqueur market. In addition, rising disposable income, changing lifestyle patterns and demand for beverages with low alcohol content among adults are other factors expected to boost growth of the global liqueur market. Moreover, introduction of various blends by manufactures is expected to support growth of the global liqueur market.
However, high taxes on imported liqueur is a major factor expected to hamper growth of the global liqueur market. In addition, rising health concern related to over consumption of alcohol is another factor expected to challenge growth of the global liqueur market to certain extent.
Increasing R&D activities by manufacturers and introduction of liqueur with various blends is expected to create new opportunities in terms of revenue to players operating in the global liqueur market over the forecast period.
Europe market is expected to dominate in the global liqueur market with higher revenue share as compared to that of the other regional markets, and is expected to continue its dominance during the forecast period. This can be attributed to social acceptance for consumption of alcohol and presence of prominent players operating in countries in this region. According to Agriculture and Agri-Food Canada report, in 2015, Western Europe, imported US$26.9 billion worth of alcoholic drinks from Canada, with the United Kingdom, Germany, and France accounting for 52% of the region imports. North America and Asia Pacific market accounts for significant revenue share in the global liqueur market followed by markets in Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to register fastest growth in terms of revenue, owing increasing demand for premium liqueur productss in emerging economies such as India and China in this region.
Global Liqueur Market Segmentation:
- Fruit Flavored
By Distribution Channel:
- Convenience Stores
- On Premises
- PET Bottle
- Metal Can
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Bacardi Limited
- Beam Suntory Inc.
- Brown-Forman Corporation
- Diageo Plc
- Davide Campari-Milano S.p.A.
- Girolamo Luxardo S.p.A
- Lucas Bols B.V.
- Mast-Jägermeister SE
- Pernod Ricard SA
- Remy Cointreau
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