Global Vodka Market - Industry Trends and Forecast to 2028

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Global Vodka Market - Industry Trends and Forecast to 2028

  • Food & Beverage
  • Upcoming Report
  • Jan 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

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

Vodka Market

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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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The Vodka Market Growth Rate Will be 6.20% by 2028
The major companies in the Vodka Market 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 etc.
The type, application, packaging type, and production are the factors on which the Vodka Market Research is based.
The Supermarket, Department Store, Bar, and Others are the market applications of the Vodka Market.
The major data pointers of the Vodka Market are consumption volumes, production sites, and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream, and upstream value chain analysis.