Global Dark Spirits Market Report 2022-2027

Global Dark Spirits Market Research Report 2022-2027

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Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group

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Report Description

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Report Description and Highlights Report Description Global Dark Spirits Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Dark Spirits Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global dark spirits market reached a value of US$ 84.24 Billion in 2021.

Dark spirits refer to liquors that undergo an aging process ranging from a few months to several years. They consist of drinks such as whiskey, rum or brandy and are stored in new, recycled or charred barrels to provide color and depth of taste. As opposed to light spirits, which include clear alcoholic beverages like vodka, gin and white wine, dark liquors have higher concentrations of congeners, organic substances produced during the fermentation process. Some of these congeners are known to protect the stomach lining and offer antioxidant properties.

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Report Description and Highlights

Report Description

Global Dark Spirits Market Drivers/Constraints: The global market is primarily being driven by the growing preference for dark spirits among consumers.

Market players have witnessed an uptick in demand for liquors like cognac, whiskey, and scotch over the past few years. Apart from this, as consumers are willing to try new blends, bar owners are expanding their offerings and including dark spirit-based cocktails made with sparkling water and exotic fruit juices.

These drinks are also being used as flavor enhancers.

In addition, with growing disposable incomes and expanding working population, individuals are also preferring premium products that offer an authentic experience. This is further supported by the rising number of bars, pubs, and breweries providing easy access to alcoholic beverages. Furthermore, the availability of dark spirits via online retail channels and home delivery services has driven product sales during the COVID-19 pandemic. Other factors, such as rising urbanization, elevating demand for low and non-alcoholic product variants, and expanding middle class, are further expected to influence the market growth.

Looking forward,the market is anticipated to reach a value of US$ 122.92 Billion by 2027, expanding at a CAGR of 6.00% during 2022-2027.

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Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Type: •Whiskey •Rum •Brandy

Breakup by Distribution Channel: •On Trade •Off Trade

Breakup by Application: •Bars •Restaurants •Pubs •Others

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc.

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Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • •

Anheuser-Busch InBev SA/NV Asahi Group Holdings ltd.

Bacardi Limited Brown–Forman Corporation Diageo plc Kirin Brewery Company Limited LT Group Inc Pernod Ricard Rémy Cointreau Suntory Holdings Limited (Kotobuki Realty Co. Ltd.)

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report:

•How has the global dark spirits market performed so far and how will it perform in the coming years?

•What has been the impact of COVID-19 on the global dark spirits market?

•What are the key regional markets?

•What is the breakup of the market based on the type?

•What is the breakup of the market based on the distribution channel?

•What is the breakup of the market based on the application?

•What are the various stages in the value chain of the industry?

•What are the key driving factors and challenges in the industry?

•What is the structure of the global dark spirits market and who are the key players?

•What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description 5 Global Dark Spirits Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

Table of Contents

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

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Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

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