United States Spirits – Market Assessment and Forecast to 2023 : ResearchByMarkets.com

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United States Spirits – Market Assessment and Forecast to 2023

Summary

The US spirits sector is led by the vodka category in the both value and volume terms, while tequila & mescal category is forecast to register the fastest growth in the both value and volume terms, during 2018-2023. Hypermarkets & supermarkets is the leading distribution channel in the US. Glass is the most commonly used pack material in the US spirits sector, followed by rigid plastics. ‘Diageo plc’, ‘Suntory Holdings Ltd’ and ‘Sazerac Company Inc’ are the leading players in the US spirits sector. Consumption of spirits is higher among males compared to females in the US.

Country Profile report on the spirits sector in the US provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

What else is contained?

– Sector data: Overall sector value and volume data with growth analysis for 2013-2023.
– Category coverage: Value and growth analysis for brandy, gin & genever, liqueur, specialty spirits, whiskey, vodka, tequila with inputs on individual segment share within each sector and the change in their market share forecast for 2018-2023.
– Distribution data: Percentage of sales within each sector through distribution channels such as cash & carries & warehouse clubs, convenience stores, department stores, hypermarkets & supermarkets, vending machines, e-retailers, “dollar stores”, variety stores & general merchandise retailers, drug stores & pharmacies, and other general retailers.
– Leading players: Market share of brands and private labels in both value and volume terms in 2018.
– Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Pack material data for rigid plastics, glass, flexible packaging, rigid metal and others; pack type data for: specialty container, bottle, tube, tub and others.

Scope

– The per capita consumption and expenditure of spirits in the US was higher compared to both the global and regional levels in 2018
– The US consumers prefer high quality products in the spirits sector
– Vodka is the largest category in the US spirits sector in 2018
– Per capita consumption of vodka was higher compared to other spirits categories in the US
– Hypermarkets & supermarkets is the leading distribution channel in the US spirits sector with volume share of 36.4%
– Diageo plc is the leading company in the US spirits sector with a volume share of 11.2% in 2018
– Glass is the most commonly used pack material in the US Spirits sector
– Consumption of spirits is higher among men compared to women in the US

Reasons to buy

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
– Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
– Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
– Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
– The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
– Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.

Companies Mentioned:
Diageo plc
Bacardi Limited
E. & J. Gallo Winery
Sazerac Company Inc
Fifth Generation Inc.
Suntory Holdings Ltd
Brown-Forman Corporation
LVMH Moet Hennessy – Louis Vuitton
Constellation Brands Inc
Casa Cuervo S.A. de C.V
Heaven Hill Distilleries Inc.


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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.