Vodka Market: Global Industry Analysis and Forecast (2021-2027) by Type and Quality.

Vodka Market size was valued at US$ 41.2 Bn. in 2020 and the total revenue is expected to grow at 8.94% through 2021 to 2027, reaching nearly US$ 75 Bn.

Vodka Market Overview:

Vodka is a very popular distilled alcoholic drink which was firstly discovered in Poland, Sweden, and Russia. Vodka primarily comprises water and ethanol and is made from fermented cereal grains. Most recently, potatoes are being used to produce vodka by some famous brands, and fruits, honey, and maple sap are used to create flavored vodkas. Vodka comprises 40% alcohol by volume which is higher content than beer and other alcoholic beverages. Global Vodka Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Global Vodka Market Dynamics:

With the rising demand for alcoholic beverages and cocktail drinks in millennials and working professionals in urban cities, tremendous growth has been seen in the alcohol industry especially in the Vodka segment. Drinks have a status symbol in terms of socializing formally or professionally. Vodka has taken the market by storm due to various preferences of usage in raw or in cocktails which has a large variety and trending in young crowd, Premium Brands are coming up with flavored vodkas which are tasty and crispy on the taste palette and have become very popular in a short time. Brands like Smirnoff, Absolute, and Russian Standards have various flavors like Coffee, Chocolate, Apple, Orange, and peach. Due to tasty flavors brands have seen sudden demand. Growing purchasing power and high standard of living enables to spend on leisure hence the global ultra-premium vodka demand has grown. Absolute vodka recorded over 9.2 million 9 liter cases worldwide with constant demand continuation.

Global Vodka Market Segment Analysis:

By Type, Flavored Vodka market is dominating segment in Global Vodka Market. With a market share of 30.6% and it is expected to grow at a CAGR of xx% during the forecast period. Major vodka manufacturers have influenced the market with premium quality vodkas with the addition of different base flavor vodka which have increased demand. Plain Vodkas are generally used in cocktails as a base drink. Smirnoff was the first brand to introduce flavored vodka with over 23 million 9 liters. Fruit Vodkas are among recent popular options among the young population which boosted the demand in the global market.. Global Vodka Market By Quality, Ultra-premium is the dominating segment in the global vodka market with more than 30% of the market share with brands like Smirnoff, Russian Standard, Absolute, and Grey goose producing ultra-premium vodkas which are of high quality for selected consumers who can afford such products. The super-premium and premium segment is running products in urban cities which are used in restaurants, pubs, bars, and lounges. Pricing of premium and super-premium are moderate to high. Standard vodka has a low price and compromised quality which is targeted at the low-income population. Global Vodka Market

Global Vodka Market Regional Insights:

North America dominates the global vodka market with total revenue generated of 19.37 billion in the year 2021. The Major sale is generated from the retail sale which is generally for home consumption. The surge in the growth of vodka markets is due to increased vodka consumption and new market trends in the northern region. North America has become the hub of vodka manufacturing and to keep the high demand new distilleries are being set up which eventually boosts the North American market. The Asia Pacific is expected to be an emerging market with a major share by China is expected to reach 11 billion by 2027 with a CAGR of 5.2% Japan and Canada are the two main significant markets with expected to grow 2% and 2.6% accordingly. The objective of the report is to present a comprehensive analysis of the Global Vodka market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Vodka market dynamics, structure by analyzing the market segments and projecting the Global Vodka market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Vodka market make the report investor’s guide.

Global Vodka Market Scope: Inquire before buying

Global Vodka Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 41.2 Bn.
Forecast Period 2021 to 2027 CAGR: 8.94% Market Size in 2027: US $ 75 Bn.
Segments Covered: by Type • Plain vodka • Flavored Vodka • Fruit Vodka
by Quality • Premium • Standard • Super premium • Ultra-premium

Global Vodka Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Global Vodka Market Key Players

Brown-Forman • Diageo • Gruppo Campari • Pernod Ricard • Russian Standard • Bacardi • Central European Distribution • Constellation Spirits • Distell Group • Iceberg Vodka • Proximo Spirits • Savor Stoli • Shiva Distilleries • Soyuz Victim • Suntory

FAQ

1] What segments are covered in the Global Vodka Market report? Ans. The segments covered in the Global Vodka Market report are based on Type and Quality. 2] Which region is expected to hold the highest share in the Global Vodka Market? Ans. North America region is expected to hold the highest share in the Global Vodka Market. 3] What is the market size of Global Vodka Marketby2027? Ans. The market size of the Global Vodka Market by 2027 is US $ 75 Bn. 4] Who are the top key players in the Global Vodka Market? Ans. Brown-Forman, Diageo, Gruppo Campari, Pernod Ricard, Russian Standard, Bacardi, Central European Distribution, Constellation Spirits, Distell Group, Iceberg Vodka, Proximo Spirits, Savor Stoli, Shiva Distilleries, Soyuz Victim, Suntory 5] What was the market size of the Global Vodka Market in 2020? Ans. The market size of the Global Vodka Market in 2020 was US $ 41.2 Bn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Vodka Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Global Vodka Market 3.4. Geographical Snapshot of the Global Vodka Market, By Manufacturer share 4. Global Vodka Market Overview, 2019-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Vodka Market 5. Supply Side and Demand Side Indicators 6. Global Vodka Market Analysis and Forecast, 2019-2027 6.1. Global Vodka Market Size & Y-o-Y Growth Analysis. 7. Global Vodka Market Analysis and Forecasts, 2019-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 7.1.1. Plain vodka 7.1.2. Flavored Vodka 7.1.3. Fruit Vodka 7.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 7.2.1. Premium 7.2.2. Standard 7.2.3. Super premium 7.2.4. Ultra-premium 8. Global Vodka Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Vodka market Analysis and Forecasts, 2019-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 9.1.1. Plain vodka 9.1.2. Flavored Vodka 9.1.3. Fruit Vodka 9.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 9.2.1. Premium 9.2.2. Standard 9.2.3. Super premium 9.2.4. Ultra-premium 10. North America Vodka market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Vodka market Analysis and Forecasts, 2019-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 11.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 12. Canada Vodka market Analysis and Forecasts, 2019-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 12.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 13. Mexico Vodka market Analysis and Forecasts, 2019-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 13.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 14. Europe Vodka market Analysis and Forecasts, 2019-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 14.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 15. Europe Vodka market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Vodka market Analysis and Forecasts, 2019-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 16.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 17. France Vodka market Analysis and Forecasts, 2019-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 17.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 18. Germany Vodka market Analysis and Forecasts, 2019-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 18.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 19. Italy Vodka market Analysis and Forecasts, 2019-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 19.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 20. Spain Vodka market Analysis and Forecasts, 2019-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 20.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 21. Sweden Vodka market Analysis and Forecasts, 2019-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 21.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 22. CIS Countries Vodka market Analysis and Forecasts, 2019-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 22.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 23. Rest of Europe Vodka market Analysis and Forecasts, 2019-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 23.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 24. Asia Pacific Vodka market Analysis and Forecasts, 2019-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 24.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 25. Asia Pacific Vodka market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Vodka market Analysis and Forecasts, 2019-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 26.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 27. India Vodka market Analysis and Forecasts, 2019-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 27.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 28. Japan Vodka market Analysis and Forecasts, 2019-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 28.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 29. South Korea Vodka market Analysis and Forecasts, 2019-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 29.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 30. Australia Vodka market Analysis and Forecasts, 2019-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 30.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 31. ASEAN Vodka market Analysis and Forecasts, 2019-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 31.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 32. Rest of Asia Pacific Vodka market Analysis and Forecasts, 2019-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 32.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 33. Middle East Africa Vodka market Analysis and Forecasts, 2019-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 33.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 34. Middle East Africa Vodka market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Vodka market Analysis and Forecasts, 2019-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 35.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 36. GCC Countries Vodka market Analysis and Forecasts, 2019-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 36.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 37. Egypt Vodka market Analysis and Forecasts, 2019-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 37.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 38. Nigeria Vodka market Analysis and Forecasts, 2019-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 38.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 39. Rest of ME&A Vodka market Analysis and Forecasts, 2019-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 39.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 40. South America Vodka market Analysis and Forecasts, 2019-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 40.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 41. South America Vodka market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Vodka market Analysis and Forecasts, 2019-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 42.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 43. Argentina Vodka market Analysis and Forecasts, 2019-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 43.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 44. Rest of South America Vodka Market Analysis and Forecasts, 2019-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 44.2. Market Size (Value) Estimates & Forecast By Quality, 2019-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Vodka Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Distribution channels and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Brown-Forman 45.3.2. Diageo 45.3.3. Gruppo Campari 45.3.4. Pernod Ricard 45.3.5. Russian Standard 45.3.6. Bacardi 45.3.7. Central European Distribution 45.3.8. Constellation Spirits 45.3.9. Distell Group 45.3.10. Iceberg Vodka 45.3.11. Proximo Spirits 45.3.12. Savor Stoli 45.3.13. Shiva Distilleries 45.3.14. Soyuz Victim 45.3.15. Suntory 45.3.16. Others 46. Primary Key Insights

About This Report

Report ID 116603
Category Food & Beverages
Published Date Aug 2021
Updated Date Feb 2022
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