Specialty spirits are region-specific traditional spirits. Baijiu in China, soju in South Korea, sochu in Japan, Cachaa in Brazil, and raki in Turkey are some of the popular specialty spirits.
The global specialty spirits market is dominated by APAC. China is the largest market for specialty spirits. Rising disposable incomes, especially in developing nations, coupled with increased expenditure on alcohol has fueled the global specialty spirits market.
Technavios analysts forecast the global specialty spirits market to grow at a CAGR of 1.05% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global specialty spirits market for the period 2016-2020. The market size and forecasts provided in this report are in terms of revenue and volume and are calculated on the basis of retail sales of specialty spirits.
The market is divided into the following segments based on geography:
Technavio's report, Global Specialty Spirits Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
HiteJinro
IRB Tatuzinho 3 Fazendas (Tatuzinho)
Kirishimashuzo
Kumbokju
Lotte
Luzhou Laojiao
Sanwa Shurui
Takara Shuzo
Other prominent vendors
Asahi Breweries
Beam Suntory
Beijing Red Star
Companhia Mller de Bebidas
Diageo
Engarrafamento Pitu
Kweichow Moutai
Wuliangye
Market driver
High demand in APAC and other developing markets
For a full, detailed list, view our report
Market challenge
Campaigns against alcohol consumption
For a full, detailed list, view our report
Market trend
Increasing online sales of specialty spirits
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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