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 the region. According to the WHO nearly 28.3% of the people are abstainers in the country with 9.2% lifetime abstainers; whereas 19.2% had not to drink alcoholic beverages from the last 12 months. Moreover, it is mandatory to print required health warning labels on alcohol containers in the US.
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 the US on EU imports are some of the major factors that can be considered to derail the growth of the market in the US. These actions of the country will further affect the distilled spirit industry of the US in the near future.
To Request a Sample of our Report North American Distilled Spirits Market: https://www.omrglobal.com/request-sample/north-american-distilled-spirits-market
North American Distilled Spirits Market Segmentation
By Type
- Whiskey
- Vodka
- Rum
- Gin
- Tequila
- Brandy
- Others
By Distribution Channel
- Online
- Offline
A full Report of North American Distilled Spirits Market is Available @ https://www.omrglobal.com/industry-reports/north-american-distilled-spirits-market
Regional Analysis
- US
- Canada
Company Profiles
- Anheuser-Busch InBev
- Carlsberg Breweries A/S
- Constellation Brands Inc.
- Diageo PLC
- Heineken Holding N.V.
- Kirin Holdings Co. Ltd.
- Molson Coors Brewing Co.
- Pernod Ricard S.A.
- SABMiller PLC
- The Boston Beer Company, Inc.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
