AMA Research, a global market research and consulting organization, have released a new study titled "Vodka market - Global outlook to 2028". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Vodka market to grow at a CAGR of %.
The Packaging Type, such as Glass, is boosting the Vodka market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Production, such as Macro-brewery, is boosting the Vodka market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Vodka market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growing Cocktail Culture in Emerging Economies, Rapid Urbanization, the Changing Lifestyles and High Disposable Incomes and Increasing Popularity of Wine Products. ??
Vodka, a clear unaged spirit, mixture of purified water and rectified ethyl alcohol (ethanol) with ingredients that have fermentable sugars and it is produced all over the world. The rising demand for premium vodka and the growing cocktail culture are major driving factors in the growth of the very market. The region is witnessing a growth in bars exclusively dedicated for cocktails. For instance, some of the favourite vodka-based cocktails are Screwdriver, Bloody Mary, and others
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Vodka market by Type (Non-Flavored and Flavored), by Application (Supermarket, Department Store, Bar and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market