The United States distilled spirits market is estimated to grow at a CAGR of around 3% during the forecast period. According to the Distilled Spirits Council, nearly 63% of the US whiskey exports have faced retaliatory tariffs from the EU, China, Turkey, Canada, and Mexico. The US-China trade war and the new tariffs levied by […]
Category Archives: Food & Beverages
The UK distilled spirits market is estimated to grow at a CAGR of around 3% during the forecast period. The adoption of distilled spirits is being significantly driven by the rising purchasing power of consumers and increasing demand for beverages with natural flavors. The spirits sector is led by millennials and the young-age population who […]
The North American distilled spirits market is estimated to grow at a CAGR of 2.9% during the forecast period. The North American distilled spirits industry valued at $101.8 billion in 2018 and is estimated to reach $123.4 billion in 2025. Growing alcohol consumption is the major factor that is contributing to the market growth in […]
LAMEA distilled spirits market is estimated to grow at a CAGR of 3.5% during the forecast period. In 2018, the market in LAMEA was valued at $46.1 billion and is further estimated to reach $58.1 billion in 2025. The factors contributing to the market growth include increasing demand for alcoholic beverages in emerging economies such […]
The global antioxidant beverages market is estimated to grow at a CAGR of nearly 9.0% during the forecast period. The increasing e-commerce market is one of the major factors for augmenting the growth of the market. Introduction of prominent e-commerce companies across the globe such as Alibaba, Amazon, and Walmart are also expected to provide a substantial […]
The dairy beverage market is anticipated to show lucrative growth at a CAGR of around 7.0% during the forecast period. The dairy beverage market is a highly fragmented market. Around 150 million households globally are working in the dairy production sector. In the emerging economies, a large portion of the milk is bought by the small stakeholders […]
The global carbonated drink market is forecast to grow at a CAGR of around 4.0% during the forecast period. A huge share of the global market is captured by the two companies only that include the Coca-Cola Co., and PepsiCo. Inc. Some other notable companies in the market include Asahi Group Holdings, Ltd., Keurig Dr. Pepper Inc., […]
The US beer market is estimated to grow at a CAGR of around 2% during the forecast period. The growing demand for premium/super premium alcoholic beverages among consumers is also contributing significantly to market growth. Beam Suntory, Inc., James Burrough, Ltd., and Bacardi, Ltd., are considered among premium alcoholic beverage manufacturers. The current state of […]
The UK beer market is estimated to grow at a CAGR of around 2% during the forecast period. The country has a population base of 66 million and around 82% of the population is above 15 years. As per WHO, alcohol consumption per capita has decreased slightly from 12.3 liter in 2010 to 11.4 liter […]
The North American beer market is estimated to grow at a CAGR of 1.8% during the forecast period. The beer industry in North America valued at $119.7 billion in 2018 and is estimated to reach $134.5 billion in 2025. Beer is the most common alcoholic beverage, consumed across the globe. The introduction of new ingredients […]