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Ardent Spirits Market Analysis By Applications (Supermarket, Monopoly Stores And Online Sales), By Type (Gin, Whisky, Brandy, Vodka, Rum, Tequilla, Baijiu, And Sake) & By Region - Global Industry Share, Growth, Trends, and Forecast Report 2022 to 2027

Published: January, 2022
ID: 4611
Pages: 185

Ardent Spirits Market Size & Growth Rate:

The Global Ardent Spirits Market is expected to grow with a healthy CAGR 6.1 % from 2022-2027.

Ardent Spirits Market Overview:

Ardent spirits are a type of ethyl alcohol that is made from fermented vegetables and fruits and then distilled numerous times. Each product type is aged according to the standard and demand once the distillation process is completed. Gin, vodka, tequila, rum, and whiskey, among other alcoholic beverages, are examples of ardent spirits. Each product type has a unique distillation and fermenting method, as well as an alcohol concentration that is distinct from the others. The ardent spirits business is expected to expand in demand due to the millennial generation's increasing desire for premium beverages, as well as the opening of many distilleries selling diverse craft cocktails, thereby cultivating a new taste among the populace.

Ardent Spirits Market Drivers & Restraints:

The Global Ardent Spirits Market growth is mainly driven by the rising interest of the alcohol consumption of the people around the globe is the major driving factor of the Global Ardent Spirits Market. by a growth in consumer demand for premium/super premium items, a rise in the worldwide young–adult demographic, and a rise in disposable money.

Assists in the prevention of diabetes. Because most ardent spirits include polyphenolic chemicals, good microorganisms, and no added sugars, all drinks are helpful to one's health and minimize the risk of developing diabetes. Helps in the improvement of immunity. Antibacterial qualities in spirits aid in the treatment of coughs, colds, and sore throats. According to reports, spirits consumed in regulated doses have helped people enhance their immunity for longer periods of time. The rising consumer demand for alcoholic drinks is one of the primary factors impacting the Ardent Spirits market. Hotels, bars, and even convenience stores that offer alcoholic beverages have a high demand for it. Market restrictions include the high level of taxes on alcoholic beverages and their distribution. High blood pressure and thus strokes are possible are the side effects that are hampering the Global Ardent Spirits Market. If excessive amounts of ardent spirit are consumed, it can cause high blood pressure, which can raise the risk of strokes and heart disease. High levels of competition. The increased competition is a danger to new entrants, as distilleries constitute a threat to incumbent businesses, and it also causes concern among new entrants.

Recent Developments in Global Ardent Spirits Market:

  • Ardent Mills has completed the acquisition of the assets of Firebird Artisan Mills. Ardent Mills, a gluten-free grain and pulse miller located in North Dakota, is expanding its specialty ingredient offering. It also strengthens Ardent Mills' R&D, technical, food safety, and quality assurance teams by providing extra supply chain assurance.

  • Ardent Spirits has released Sea Shanty rum in support of the Aberdeen RNLI. Ardent Spirits, an independent bottling firm located in Aberdeen, has released a limited-edition 'Sea Shanty rum,' with earnings going to the Aberdeen RNLI.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 - 2026

Base Year

2021

Forecast Period

2022 - 2027

CAGR

6.1%

Segments Covered

By Product, Type, Consumption, Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

 

Market Leaders Profiled

Diageo, Pernod Ricard, Tito’s Handmade Vodka, HITEJINRO CO., LTD, Brown Forman Corporation, Bacardi Limited, Tanduay Distillers Inc., Allied Blenders and Distillers Pvt. Ltd., Guizhou Moutai Wine Co., Ltd., Alliance Global Group, Inc., Roust.

Ardent Spirits Market Segmentation:

By Product Type:

  • Gin.

  • Whiskey.

  • Brandy.

  • Vodka.

  • Rum.

  • Tequila.

  • Baijiu.

  • Sake.

Vodka is expected to have the dominant share in the Global Ardent Spirits Market Industry during the Forecast Period. The connected cause for such demand is due to a number of variables. For starters, Vodka comes in a variety of tastes and kinds that appeal to younger folks, such as citrus, orange, green apple, coconut, and others. Another factor contributing to the recent increase is millennials' premiumization of vodka, which has made it a popular ingredient in cocktails and other beverages.

Tequila is expected to see rapid growth in the Global Ardent Spirits Market during the Forecast Period. The fact that there are more distilleries in various parts of the United States and Europe is credited with the increase in tequila market share. Craft cocktails, which are dominated by Tequila, meet the surging demand. Tequila is also used to make a non-alcoholic beverage that has a variety of health advantages and might help the food and beverage sector expand more evenly.

By Application:

  • Supermarket.

  • Monopoly Store.

  • Online Sales.

Online Sales is expected to have the Dominant share in the Global Ardent Spirits Market during the Forecast Period. As the hit of the covid-19 has made the maximum number of business online around the globe.

Ardent Spirits Market Regional Analysis:

  • North America is expected to have the dominant share in the Global Ardent Spirits Market during Forecast Period. The reason for the increase in demand is due to the growing number of millennials who prefer cocktails and other non-alcoholic beverages. Because millennials prefer high-quality beverages over low-quality ones, the United States has the greatest number of distilleries, adding significantly to the demand.

  • Asia-Pacific is expected to have a significant share and growth in the Global Ardent Market during Forecast Period. Premiumization has led demand to spike across the Asia-Pacific as a result of a growth in young people in China and India, as well as excessive use of social media in various nations.

  • Europe.

  • Latin-America.

  • Middle-East and Africa.

Impact of COVID-19 On Global Ardent Spirits Market:

The COVID-19 pandemic had a major influence on the trade and industry sectors. Manufacturers are figuring out how to recover from the current scenario by reorganising their sales channels and introducing new products. The global Ardent Spirits market, on the other hand, is predicted to stabilize after 2021. The epidemic had no significant influence on the liquor sector.

Key Players in Global Ardent Spirits Market:

  • Diageo

  • Pernod Ricard

  • Tito’s Handmade Vodka

  • HITEJINRO CO., LTD

  • Brown Forman Corporation

  • Bacardi Limited

  • Tanduay Distillers Inc.

  • Allied Blenders and Distillers Pvt. Ltd.

  • Guizhou Moutai Wine Co., Ltd.

  • Alliance Global Group, Inc.

  • Roust.

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Application                 

                                5.1.1 Introduction           

                                5.1.2 Supermarket          

                                5.1.3 Monopoly Stores 

                                5.1.4 Online Sales            

                                5.1.5  Y-o-Y Growth Analysis, By Application        

                                5.1.6  Market Attractiveness Analysis, By Application      

                                5.1.7  Market Share Analysis, By Application       

                5.2 Type                              

                                5.2.1 Introduction           

                                5.2.2 Gin             

                                5.2.3 Whisky      

                                5.2.4 Brandy      

                                5.2.5 Vodka       

                                5.2.6 Rum           

                                5.2.7 Tequilla     

                                5.2.8 Baijiu         

                                5.2.9 Sake           

                                5.2.10 Y-o-Y Growth Analysis, By Type   

                                5.2.11 Market Attractiveness Analysis, By Type

                                5.2.12 Market Share Analysis, By Type   

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Application

                                                6.1.3.3 By Type

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Application

                                                6.1.4.3 By Type

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Application

                                                6.1.5.3 By Type

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Diageo                          

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 LVMH                            

                8.3 Brown Forman                          

                8.4 Absolut                        

                8.5 Bacardi Limited                         

                8.6 Perood Ricard                            

                8.7 The Patron Spirit Company                  

                8.8 Beam Suntory                           

                8.9 Kingfisher                    

                8.10 Mast Gagermeister                              

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Global Ardent Spirits Market By Region, From 2022 - 2027 ( USD Billion )

  2. Global Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  3. Global Supermarket Market By Region, From 2022 - 2027 ( USD Billion )

  4. Global Monopoly Stores Market By Region, From 2022 - 2027 ( USD Billion )

  5. Global Online Sales Market By Region, From 2022 - 2027 ( USD Billion )

  6. Global Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  7. Global Gin Market By Region, From 2022 - 2027 ( USD Billion )

  8. Global Whisky Market By Region, From 2022 - 2027 ( USD Billion )

  9. Global Brandy Market By Region, From 2022 - 2027 ( USD Billion )

  10. Global Vodka Market By Region, From 2022 - 2027 ( USD Billion )

  11. Global Rum Market By Region, From 2022 - 2027 ( USD Billion )

  12. Global Tequilla Market By Region, From 2022 - 2027 ( USD Billion )

  13. Global Baijiu Market By Region, From 2022 - 2027 ( USD Billion )

  14. Global Sake Market By Region, From 2022 - 2027 ( USD Billion )

  15. North America Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  16. North America Supermarket Market By Region, From 2022 - 2027 ( USD Billion )

  17. North America Monopoly Stores Market By Region, From 2022 - 2027 ( USD Billion )

  18. North America Online Sales Market By Region, From 2022 - 2027 ( USD Billion )

  19. North America Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  20. North America Gin Market By Region, From 2022 - 2027 ( USD Billion )

  21. North America Whisky Market By Region, From 2022 - 2027 ( USD Billion )

  22. North America Brandy Market By Region, From 2022 - 2027 ( USD Billion )

  23. North America Vodka Market By Region, From 2022 - 2027 ( USD Billion )

  24. North America Rum Market By Region, From 2022 - 2027 ( USD Billion )

  25. North America Tequilla Market By Region, From 2022 - 2027 ( USD Billion )

  26. North America Baijiu Market By Region, From 2022 - 2027 ( USD Billion )

  27. North America Sake Market By Region, From 2022 - 2027 ( USD Billion )

  28. United States Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  29. United States Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  30. Canada Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  31. Canada Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  32. Europe Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  33. Europe Supermarket Market By Region, From 2022 - 2027 ( USD Billion )

  34. Europe Monopoly Stores Market By Region, From 2022 - 2027 ( USD Billion )

  35. Europe Online Sales Market By Region, From 2022 - 2027 ( USD Billion )

  36. Europe Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  37. Europe Gin Market By Region, From 2022 - 2027 ( USD Billion )

  38. Europe Whisky Market By Region, From 2022 - 2027 ( USD Billion )

  39. Europe Brandy Market By Region, From 2022 - 2027 ( USD Billion )

  40. Europe Vodka Market By Region, From 2022 - 2027 ( USD Billion )

  41. Europe Rum Market By Region, From 2022 - 2027 ( USD Billion )

  42. Europe Tequilla Market By Region, From 2022 - 2027 ( USD Billion )

  43. Europe Baijiu Market By Region, From 2022 - 2027 ( USD Billion )

  44. Europe Sake Market By Region, From 2022 - 2027 ( USD Billion )

  45. U.K. Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  46. U.K. Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  47. Germany Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  48. Germany Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  49. France Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  50. France Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  51. Italy Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  52. Italy Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  53. Spain Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  54. Spain Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  55. Asia Pacific Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  56. Asia Pacific Supermarket Market By Region, From 2022 - 2027 ( USD Billion )

  57. Asia Pacific Monopoly Stores Market By Region, From 2022 - 2027 ( USD Billion )

  58. Asia Pacific Online Sales Market By Region, From 2022 - 2027 ( USD Billion )

  59. Asia Pacific Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  60. Asia Pacific Gin Market By Region, From 2022 - 2027 ( USD Billion )

  61. Asia Pacific Whisky Market By Region, From 2022 - 2027 ( USD Billion )

  62. Asia Pacific Brandy Market By Region, From 2022 - 2027 ( USD Billion )

  63. Asia Pacific Vodka Market By Region, From 2022 - 2027 ( USD Billion )

  64. Asia Pacific Rum Market By Region, From 2022 - 2027 ( USD Billion )

  65. Asia Pacific Tequilla Market By Region, From 2022 - 2027 ( USD Billion )

  66. Asia Pacific Baijiu Market By Region, From 2022 - 2027 ( USD Billion )

  67. Asia Pacific Sake Market By Region, From 2022 - 2027 ( USD Billion )

  68. Japan Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  69. Japan Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  70. China Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  71. China Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  72. India Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  73. India Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  74. Australia Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  75. Australia Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  76. South Korea Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  77. South Korea Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  78. Latin America Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  79. Latin America Supermarket Market By Region, From 2022 - 2027 ( USD Billion )

  80. Latin America Monopoly Stores Market By Region, From 2022 - 2027 ( USD Billion )

  81. Latin America Online Sales Market By Region, From 2022 - 2027 ( USD Billion )

  82. Latin America Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  83. Latin America Gin Market By Region, From 2022 - 2027 ( USD Billion )

  84. Latin America Whisky Market By Region, From 2022 - 2027 ( USD Billion )

  85. Latin America Brandy Market By Region, From 2022 - 2027 ( USD Billion )

  86. Latin America Vodka Market By Region, From 2022 - 2027 ( USD Billion )

  87. Latin America Rum Market By Region, From 2022 - 2027 ( USD Billion )

  88. Latin America Tequilla Market By Region, From 2022 - 2027 ( USD Billion )

  89. Latin America Baijiu Market By Region, From 2022 - 2027 ( USD Billion )

  90. Latin America Sake Market By Region, From 2022 - 2027 ( USD Billion )

  91. Brazil Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  92. Brazil Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  93. Argentina Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  94. Argentina Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  95. Mexico Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  96. Mexico Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  97. Rest of Latin America Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  98. Rest of Latin America Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  99. Middle East and Africa Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  100. Middle East and Africa Supermarket Market By Region, From 2022 - 2027 ( USD Billion )

  101. Middle East and Africa Monopoly Stores Market By Region, From 2022 - 2027 ( USD Billion )

  102. Middle East and Africa Online Sales Market By Region, From 2022 - 2027 ( USD Billion )

  103. Middle East and Africa Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  104. Middle East and Africa Gin Market By Region, From 2022 - 2027 ( USD Billion )

  105. Middle East and Africa Whisky Market By Region, From 2022 - 2027 ( USD Billion )

  106. Middle East and Africa Brandy Market By Region, From 2022 - 2027 ( USD Billion )

  107. Middle East and Africa Vodka Market By Region, From 2022 - 2027 ( USD Billion )

  108. Middle East and Africa Rum Market By Region, From 2022 - 2027 ( USD Billion )

  109. Middle East and Africa Tequilla Market By Region, From 2022 - 2027 ( USD Billion )

  110. Middle East and Africa Baijiu Market By Region, From 2022 - 2027 ( USD Billion )

  111. Middle East and Africa Sake Market By Region, From 2022 - 2027 ( USD Billion )

  112. Middle East Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  113. Middle East Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

  114. Africa Ardent Spirits Market By Application, From 2022 - 2027 ( USD Billion )

  115. Africa Ardent Spirits Market By Type, From 2022 - 2027 ( USD Billion )

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FAQ's

What is the driving factor of the Global Ardent Spirits Market?

The interest for healthy. As it Assists in the prevention of diabetes is one of the major driving factors of the Global Ardent Spirits Market

Which country has the more market dynamic/share in Global Ardent Spirits Market?

North-American Countries are expected to have the largest market dynamic/shar in the Global Ardent Spirits Market.

What is the major contributing segment of the Global Ardent Spirits Market?

The Product Type segment is expected to be the major contributing segment of the Global Ardent Spirits Market.

What is the most that is hampering the Global Ardent Spirits Market?

High blood pressure and strokes are possible side effects is the major restrain in the Global Ardent Spirits Market

What is the role of Asia-Pacific Countries in the Global Ardent Spirits Market?

Asia-Pacific Countries are expected to be the second largest consumers/shareholders in the Global Ardent Spirits Market.

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