Dublin, May 12, 2023 (GLOBE NEWSWIRE) -- The "Global Spirits Manufacturing - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
The Global Spirits Manufacturing industry has benefited from premiumization trends in both developed and emerging economies over the past five years.
Emerging markets like China and India have picked up the slack from declines in Eastern Europe resulting from political tensions and government intervention. Spirit consumption in emerging markets has flourished alongside population growth and urbanization, while consumers in developed economies have spent more on spirits by trading up to premium products.
The rising trend of ready-to-drink cocktails has fueled growth in developed economies, staving off competition from substitute beverages like wine and beer. Over the past five years, revenue for global spirits producers has swelled at a CAGR of 1.5%, reaching an estimated $139.5 billion in 2023, when revenue will jump by 2.3%.
The Global Spirits Manufacturing industry consists of distilleries that purchase a range of ingredients, such as grains and sugar, and manufacture them into spirits. These spirits are bottled and sold to liquor wholesalers, bars, casinos, restaurants, hotels and other licensed retailers. This industry does not include manufacturers of beer and wine.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Companies Mentioned
- Diageo PLC
- Pernod Ricard SA
Key Topics Covered:
ABOUT THIS INDUSTRY
- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
PRODUCTS & MARKETS
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
COMPETITIVE LANDSCAPE
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
JARGON & GLOSSARY
For more information about this report visit https://www.researchandmarkets.com/r/pywe92
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