Global Liqueur Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 2.5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 6, 2018--The “Liqueur Market by Type - Global Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering.
The global liqueurs market was valued at $111 billion in 2016, and is expected to reach $131 billion by 2023, registering a CAGR of 2.5% from 2017 to 2023.
Liqueur is consumed in all demographics of the world, and is based on the substrates, which are locally available. Liqueurs can be marketed with many different flavors under one brand name (range liqueurs) or with individual brand identities, such as Malibu, Alize, and Galliano.
The expansion of global young adult population, high disposable income, and demand for premium products drive the growth of the liqueur market. However, lack of penetration in emerging countries, and growth in demand for fitness beverages owing to health issues has the potential to restrict the market growth in the future.
The global liqueur market is segmented based on type, distribution channel, packaging, and geography. By type, the market is classified into neutrals/bitters, creams, fruit flavored, and others. Based on distribution channel, the market is divided into convenience stores, on premises, retailers, and supermarkets. On the basis of packaging the liqueurs market is divided into glass, PET bottle, metal can, and others.
In 2015, Asia-Pacific occupied the largest market share, followed by Europe, due to major growth in the disposable income and large alcohol-consuming demographic. Asia-Pacific is expected to dominate the global market by 2022, witnessing substantial growth in widely populated countries such as China, India, and Japan.
Companies Mentioned: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
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Global Liqueurs Market, By Type
Chapter 5. Global Liqueurs Market, By Distribution Channel
Chapter 6. Global Liqueurs Market, By Packaging
Chapter 7. Liqueurs Market, By Geography
Chapter 8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/8fwnc8/global_liqueur?w=4
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INDUSTRY KEYWORD: RETAIL WINE & SPIRITS
SOURCE: Research and Markets
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PUB: 06/06/2018 10:27 AM/DISC: 06/06/2018 10:27 AM