Global Vodka Market, By Type (Non-Flavoured, Flavoured), Application (Supermarket, Department Store, Bar, Others), Packaging Type (Glass, Metal Can, Others), Production (Macro-Brewery, Micro-Brewery, Craft Brewery, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest Of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest Of Asia-Pacific, Brazil, Argentina, Rest Of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest Of Middle East And Africa) Industry Trends and Forecast To 2028
Market Analysis and Insights : Global Vodka Market
The demand for vodka market is projected to rise at a rate of 6.20% in the forecast period of 2021 to 2028. Growing cocktail culture among consumers and increasing demand for premium vodka across the globe are likely to serve as a factor in the forecast period for the vodka market.
Vodka is usually made up from fermented potatoes and grain which has standard alcohol concentration of 40% ABV. It is composed of ethanol and water. Growing demand for cocktail in developed and developing countries are major factor driving the growth of global vodka market. Additionally, rapidly changing lifestyle of the people and growing urbanization along with high disposal income of the people are boosting the growth of global vodka market. Furthermore, increasing demand for fruits based and healthy vodka is expected to fuel the growth of global vodka market.
However, growing popularity of craft beer among the consumers and availability of alternatives in the market are anticipated to restrict the growth of global vodka market. Additionally, stringent regulations and heavy taxation by government is hampering the growth of global vodka market. In spite of these, consumption habits and various innovations such as fruit based healthy vodka are likely to provide huge opportunities for global vodka market over the forecasted period. Whereas, vodka industry is facing competition from non-alcoholic beverage products acting as major challenge for the vodka market.
This vodka market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on vodka market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Vodka Market Scope and Market Size
The vodka market is segmented on the basis of type, application, packaging type and production. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the vodka market is segmented into non-flavoured and flavoured.
- Based on application, the vodka market is segmented into supermarket, department store, bar and others.
- Based on the packaging type, the vodka market is segmented into glass, metal can and others.
- The vodka market is also segmented on the basis of production. The production is segmented into macro-brewery, micro-brewery, craft brewery and others.
Global Vodka Market Country Level Analysis
Global vodka market is analysed and market size, volume information is provided by country, type, application, packaging type and production as referenced above.
The countries covered in the vodka market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The U.S. and Russia have been accounted for holding major shares in the global vodka Market due to production and consumption of vodka on huge scale in the countries.
The country section of the Vodka market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vodka Market Share Analysis
The vodka market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vodka market.
The major players covered in the vodka report are Stoli, Proximo Spirits, CANADIAN ICEBERG VIDKA CORPORATION, Distell, Constellation Brands, Inc., Central European Distribution Corporation, Brown-Forman, Bacardi & Company Limited, Pernod Ricard, Campari Group, Diageo plc, Soyuz-Viktan, Tilaknagar Industries Ltd, Suntory, Russian Standard, GRAY GOOSE, Nemiroff, The Absolut Company AB, theubgroup among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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