LONDON, Sept. 5, 2017 /PRNewswire/ -- About Craft Spirits
Craft spirts are the products of an independently-owned distillery with maximum annual sales of 52,000 cases, where the products are physically distilled and bottled on-site. Consumers perceive craft spirits to be of a higher quality than mainstream spirits brands. The demand for craft spirits is increasing, and the craft spirit segment is expected to have a significant impact on the overall alcohol sales globally during the forecast period.
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Technavio's analysts forecast the global craft spirits market to grow at a CAGR of 26.91% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global craft spirits market for 2017-2021. To calculate the market size, the report considers the sale of craft spirit products to individual consumers.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Craft Spirits Market 2017-2021, 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
• Bacardi
• Beam Suntory
• Constellation Brands
• Distell
• Pernod Ricard
Other prominent vendors
• Asheville Distilling Company
• Balcones Distilling
• Chase Distillery
• East London Liquor Company
• Eden Mill: St Andrews Brewers
• Masons Yorkshire Gin
• Sibling Distillery
• The Lakes Distillery
Market driver
• New product launches
• For a full, detailed list, view our report
Market challenge
• Fluctuating prices of raw materials
• For a full, detailed list, view our report
Market trend
• Consolidation of craft spirits industry
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/5090626
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Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
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