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Luxury Wines & Spirits Market Worth Around 93500 Million USD by 2023 | Moderate CAGR 5.22% In Worldwide Market

Press release   •   Apr 20, 2019 06:39 EDT

Global Luxury Wines & Spirits Market is projected to grow at moderate CAGR of around 5.22% over the forecast period and market size will reach worth around 93500 Million US$ in 2018-2023.

The new research from Ameco Research on Global Luxury Wines & Spirits Market Report for 2023 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of the quality of research.

The research is backed by extensive and in-depth secondary research which involves reference to various statistical databases, national government documents, relevant patent and regulatory databases, news articles, press releases, company annual reports, webcasts, financial reports, and a number of internal and external proprietary databases. This estimated data is cross-checked with industry experts from various leading companies in the market. After the entire authentication process, these reports are shared with subject matter experts (SMEs) for adding further value and to gain their insightful opinion on the research. With such robust process of data extraction, verification, and finalization, we firmly endorse the quality of our research. With such extensive and in-depth research and comprehensive coverage of information, it is always a possibility of clients finding their desired information in the report with enclosure of key components and valuable statistics in all regards.

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Luxury Wines and Spirits Market: By Type (Wine, Whisky, Rum, Brandy, Vodka, Gin, Tequila and Others), By Distribution Channel (Food Retail and Food Service), and By Region - Global Forecast till 2023

Market analysis

Worldwide utilization of luxury wines and spirits has spiraled upwards lately. The examination uncovers that in excess of 83,900 hectoliters of the luxury wines and spirits were expended in 2018. According to the examination, there is a solid worldwide market for the luxury wines and soul. Also, the luxury wines and spirits market is foreseen to post a CAGR of 5.22% amid the figure time frame (2018-2023). Ascend in the number of high total assets people, development of the luxury travel industry and expanded optional spending are some of the factors influencing the growth of the global luxury wines and spirits market. Moreover, the development of new wineries in China and India portrays the exponential extension of the winemaking industry in these nations.

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Market segmentation

The global Luxury Wines and Spirits Market is segmented on the basis of its type, distribution channel, and regional demand. Based on its type, the global Luxury Wines and Spirits Market is segmented into Whisky, Wine, Vodka, Tequila, Rum, Brandy, Gin, Others. On the basis of its distribution channel, the global Luxury Wines and Spirits Market is bifurcated into food service and food retail.

Regional demand

Geographically, the global Luxury Wines and Spirits Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Diageo PLC, William Grant & Sons Limited, Beam Suntory Inc., Thai Beverage PLC, LVMH Moet Hennessy Louis Vuitton S.E, The Edrington Group Limited, and Hitejinro Co., Ltd, Brown-Forman, Pernod Ricard SA, Bacardi & Company Limited, Campari-Milano S.p.A, Bayadera Group, among others are some of the major players in the global Luxury Wines and Spirits Market.

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Luxury Wines & Spirits Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global Luxury Wines & Spirits Market Research Report Forecast to 2023

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Rise in Number of High Net Worth Individuals
4.2.2 Growth of Luxury Travel Industry
4.2.3 Rise in Per Capita Disposable Income
4.3 Restraints
4.3.1 Drifting Consumer Preference Towards Non-Alcoholic Beverages
4.3.2 Stringent Government Policies
4.4 Opportunities
4.4.1 Differentiation Through Packaging, Digitization, and Branding
4.4.2 Adoption of Growth Strategies
4.5 Challenges
4.5.1 Maintaining Brand Prestige and Authenticity

5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Raw Material Procurement
5.1.2 Processing
5.1.3 Packaging
5.2 Supply Chain Analysis
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Competitive Rivalry

6 Global Luxury Wines & Spirits Market, By Type
6.1 Overview
6.1.1 Wine
6.1.2 Whisky
6.1.3 Rum
6.1.4 Brandy
6.1.5 Vodka
6.1.6 Gin
6.1.7 Tequila
6.1.8 Others

7 Global Luxury Wines & Spirits Market, By Distribution Channel
7.1 Overview
7.1.1 Food Retail
7.1.2 Food Service

8 Global Luxury Wines & Spirits Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Spain
8.3.5 Italy
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Australia & New Zealand
8.4.5 Rest of Asia-Pacific
8.5 Rest of the World
8.5.1 Middle East
8.5.2 Africa
8.5.3 South America

9 Competitive Landscape

10 Company Profiles
10.1 Pernod Ricard SA
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Strategies
10.2 Brown-Forman Corporation
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Strategies
10.3 Diageo PLC
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Strategies
10.4 Bacardi & Company Limited
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Strategies
10.5 Thai Beverage PLC
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Strategies
10.6 Campari-Milano S.p.A.
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Strategies
10.7 The Edrington Group Limited
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products Offered
10.7.4 Key Strategies
10.8 Bayadera Group
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offered
10.8.4 Key Strategies
10.9 LVMH Moët Hennessy Louis Vuitton S.E.
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Strategies
10.1 William Grant & Sons Limited
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Strategies
10.11 Hitejinro Co., Ltd
10.11.1 Company Overview
10.11.2 Financial Overview
10.11.3 Products Offered
10.11.4 Key Strategies
10.12 Beam Suntory Inc.
10.12.1 Company Overview
10.12.2 Financial Overview
10.12.3 Products Offered
10.12.4 Key Strategies

11 Conclusion
11.1 Key Findings

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