The Global citrus based alcohol market is projected to register a 4.1% CAGR in the forecast period of 2021 to 2029. The new market report contains data for the historic years 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
Market Segmentation:
Global Citrus Based Alcohol Market, By Product Type (Spirits, Wine, and Beer), Citrus Fruit (Lemon, Lime, Orange, Grapefruit, Tangerine, and Others), Packaging (Glass Bottles, Cans, and Plastic Bottles), Distribution Channel (Specialty Stores, Hotel/Restaurants/Bars, Convenience Stores, Online Retailer, and Others), Country (U.S., Canada, and Mexico. Germany, the U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, and the Rest of Europe. Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, and the Rest of Asia-Pacific, Brazil, Argentina, and the Rest of South America, South Africa, Saudi Arabia, United Arab Emirates, Kuwait, and the Rest of the Middle East and Africa), Market Trends and Forecast to 2029
Some of the major factors contributing to the growth of the citrus based alcohol market:
- Growing trend of craft spirits and the adoption of cost-effective ingredients
- Rising disposable income boosts alcohol consumption
Market Players:
The key players of citrus based alcohol market are:
- Anheuser-Busch InBev
- Constellation Brands, Inc.
- Heineken N.V.
- The Coca-Cola Company
- ASAHI GROUP HOLDINGS, LTD.
- Anheuser-Bush Companies, LLC.
- The BOSTON BEER COMPANY
- Diageo
- Beam Suntory, Inc.
- Radico Khaitan Ltd.
- EDRINGTON
- SUNTORY HOLDINGS LIMITED.
- Accolade Wines Limited.
- WILLIAM GRANT & SONS
- Carlsberg Breweries A/S Halewood Artisanal Spirits
- Pernod Ricard
- UNITED BREWERIES LTD.
- Brown-Forman
- KALS Distilleries Private Limited
- Bacardi Limited
TABLE OF CONTENTS
1 INTRODUCTION 43
- 1.1 OBJECTIVES OF THE STUDY 43
- 1.2 MARKET DEFINITION 43
- 1.3 OVERVIEW OF GLOBAL CITRUS BASED ALCOHOL MARKET 43
- 1.4 LIMITATIONS 45
- 1.5 MARKETS COVERED 46
2 MARKET SEGMENTATION 51
- 2.1 MARKETS COVERED 51
- 2.2 GEOGRAPHICAL SCOPE 52
- 2.3 YEARS CONSIDERED FOR THE STUDY 53
- 2.4 CURRENCY AND PRICING 53
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 54
- 2.6 TYPE LIFE LINE CURVE 57
- 2.7 MULTIVARIATE MODELING 58
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 59
- 2.9 DBMR MARKET POSITION GRID 60
- 2.10 DBMR MARKET CHALLENGE MATRIX 62
- 2.11 DBMR VENDOR SHARE ANALYSIS 63
- 2.12 SECONDARY SOURCES 64
- 2.13 ASSUMPTIONS 65
3 EXECUTIVE SUMMARY 66
4 PREMIUM INSIGHTS 69
- 4.1 FACTORS INFLUENCING PURCHASING DECISION OF END USERS 71
- 4.2 GROWTH STRATEGIES OF THE KEY MARKET PLAYERS 72
- 4.3 IMPACT OF THE ECONOMY ON MARKET 73
- 4.3.1 IMPACT ON PRICE 73
- 4.3.2 IMPACT ON SUPPLY CHAIN 73
- 4.3.3 IMPACT ON SHIPMENT 73
- 4.3.4 IMPACT ON COMPANY'S STRATEGIC DECISIONS 73
- 4.4 INDUSTRY TRENDS AND FUTURE PERSPECTIVE 74
- 4.5 TECHNOLOGICAL ADVANCEMENT 75
- 4.6 FOB & B2B PRICES - GLOBAL CITRUS BASED ALCOHOL MARKET 76
- 4.7 B2B PRICES - GLOBAL CITRUS BASED ALCOHOL MARKET 76
- 4.8 VALUE CHAIN ANALYSIS: 77
- 4.9 SUPPLY CHAIN ANALYSIS 78
- 4.9.1 RAW MATERIAL PROCUREMENT 78
- 4.9.2 MANUFACTURING AND PACKING 79
- 4.9.3 MARKETING AND DISTRIBUTION 79
- 4.9.4 END USERS 79
5 REGULATORY FRAMEWORK AND GUIDELINES 80
6 MARKET OVERVIEW 81
- 6.1 DRIVERS 83
- 6.1.1 GROWING TREND OF CRAFT SPIRITS AND THE ADOPTION OF COST-EFFECTIVE INGREDIENTS 83
- 6.1.2 RISING DISPOSABLE INCOME BOOSTS ALCOHOL CONSUMPTION 83
- 6.1.3 GROWING AWARENESS REGARDING THE HEALTH BENEFITS OF CITRUS FLAVORS AMONG CONSUMERS 84
- 6.2 RESTRAINTS 85
- 6.2.1 PRICE VOLATILITY IN CITRUS FRUITS 85
- 6.2.2 STRICT RULES AIMED AT LIMITING ALCOHOL CONSUMPTION 85
- 6.2.3 GROWING CONCERNS ABOUT THE HARMFUL EFFECTS OF ARTIFICIAL FLAVORS ON HEALTH 86
- 6.3 OPPORTUNITIES 87
- 6.3.1 SOARING DEMAND FOR INNOVATIVE ALCOHOL FLAVORS 87
- 6.3.2 INCREASING FOCUS OF THE KEY MANUFACTURER TO UPGRADE THE EXISTING TECHNOLOGIES 88
- 6.4 CHALLENGES 89
- 6.4.1 A HIGH PREVALENCE OF ALCOHOL USE DISORDER (AUD) 89
- 6.4.2 AVAILABILITY OF SUBSTITUTES FOR CITRUS 90
7 GLOBAL CITRUS BASED ALCOHOL MARKET, BY PRODUCT TYPE 91
- 7.1 OVERVIEW 92
- 7.2 SPIRITS 93
- 7.2.1 DISTILLED SPIRITS 94
- 7.2.1.1 VODKA 95
- 7.2.1.2 WHISKEY 95
- 7.2.1.3 RUM 95
- 7.2.1.3.1 LIGHT RUM 95
- 7.2.1.3.2 GOLD RUM 95
- 7.2.1.3.3 DARK RUM 95
- 7.2.1.3.4 OVER-PROOF RUM 95
- 7.2.1.3.5 SPICED RUM 96
- 7.2.1.3.6 CACHACA 96
- 7.2.1.3.7 FLAVORED RUM 96
- 7.2.1.4 TEQUILA 96
- 7.2.1.4.1 BLANCO 96
- 7.2.1.4.2 REPOSADO 96
- 7.2.1.4.3 ANEJO 96
- 7.2.1.4.4 EXTRA-ANEJO 96
- 7.2.1.5 BRANDY 97
- 7.2.1.5.1 COGNAC 97
- 7.2.1.5.2 ARMAGNAC 97
- 7.2.1.5.3 SPANISH BRANDY 97
- 7.2.1.5.4 AMERICAN BRANDY 97
- 7.2.1.5.5 GRAPPA 97
- 7.2.1.5.6 EAU-DE-VIE 97
- 7.2.1.5.7 FLAVORED BRANDY 98
- 7.2.1.6 GIN 98
- 7.2.1.6.1 LONDON DRY GIN 98
- 7.2.1.6.2 PLYMOUTH GIN 98
- 7.2.1.6.3 OLD TOM GIN 98
- 7.2.1.6.4 GENEVER 98
- 7.2.1.6.5 NEW AMERICAN 98
- 7.2.2 NON-DISTILLED SPIRITS 99
- 7.3 WINE 99
- 7.3.1 RED WINE 100
- 7.3.1.1 CABERNET SAUVIGNON 100
- 7.3.1.2 PINOT NOIR 100
- 7.3.1.3 ZINFANDEL 100
- 7.3.1.4 SYRAH 100
- 7.3.2 WHITE WINE 100
- 7.3.2.1 CHARDONNAY 101
- 7.3.2.2 RIESLING 101
- 7.3.2.3 PINOT GRIS 101
- 7.3.2.4 SAUVIGNON BLANC 101
- 7.3.3 ROSE WINE 101
- 7.3.4 SPARKLING WINE 101
- 7.3.5 DESSERT WINE 101
- 7.4 BEER 101
- 7.4.1 ALE 102
- 7.4.1.1 BROWN ALE 103
- 7.4.1.2 PALE ALE 103
- 7.4.1.3 INDIA PALE ALE 103
- 7.4.1.4 SOUR ALE 103
- 7.4.2 LAGER 103
- 7.4.3 PORTER 103
- 7.4.4 STOUT 103
- 7.4.5 WHEAT 103
- 7.4.6 PILSNER 103
8 GLOBAL CITRUS BASED ALCOHOL MARKET, BY CITRUS FRUIT 104
- 8.1 OVERVIEW 105
- 8.2 LEMON 106
- 8.3 LIME 106
- 8.4 ORANGE 107
- 8.5 GRAPEFRUIT 107
- 8.6 TANGERINE 107
- 8.7 OTHERS 108
9 GLOBAL CITRUS BASED ALCOHOL MARKET, BY PACKAGING 109
- 9.1 OVERVIEW 110
- 9.2 GLASS BOTTLES 111
- 9.3 CANS 111
- 9.4 PLASTIC BOTTLES 112
10 GLOBAL CITRUS BASED ALCOHOL MARKET, BY DISTRIBUTION CHANNEL 113
- 10.1 OVERVIEW 114
- 10.2 SPECIALTY STORES 115
- 10.3 HOTEL/RESTAURANTS/BARS 115
- 10.4 CONVENIENCE STORES 116
- 10.5 ONLINE RETAILERS 117
- 10.6 OTHERS 117
11 GLOBAL CITRUS BASED ALCOHOL MARKET, BY REGION 118
- 11.1 OVERVIEW 119
- 11.2 ASIA-PACIFIC 124
- 11.2.1 SOUTH KOREA 133
- 11.2.2 THAILAND 138
- 11.2.3 CHINA 143
- 11.2.4 JAPAN 148
- 11.2.5 PHILIPPINES 153
- 11.2.6 INDIA 158
- 11.2.7 SINGAPORE 163
- 11.2.8 AUSTRALIA 168
- 11.2.9 MALAYSIA 173
- 11.2.10 INDONESIA 178
- 11.2.11 REST OF ASIA-PACIFIC 183
- 11.3 EUROPE 184
- 11.3.1 FRANCE 192
- 11.3.2 SPAIN 197
- 11.3.3 GERMANY 202
- 11.3.4 U.K. 207
- 11.3.5 SWITZERLAND 212
- 11.3.6 BELGIUM 217
- 11.3.7 NETHERLANDS 222
- 11.3.8 ITALY 227
- 11.3.9 RUSSIA 232
- 11.3.10 TURKEY 237
- 11.3.11 REST OF EUROPE 242
- 11.4 NORTH AMERICA 243
- 11.4.1 U.S. 251
- 11.4.2 CANADA 256
- 11.4.3 MEXICO 261
- 11.5 MIDDLE EAST & AFRICA 266
- 11.5.1 UNITED ARAB EMIRATES 274
- 11.5.2 SOUTH AFRICA 279
- 11.5.3 SAUDI ARABIA 284
- 11.5.4 KUWAIT 289
- 11.5.5 REST OF MIDDLE EAST AND AFRICA 294
- 11.6 SOUTH AMERICA 295
- 11.6.1 BRAZIL 303
- 11.6.2 ARGENTINA 307
- 11.6.3 REST OF SOUTH AMERICA 312
12 GLOBAL CITRUS BASED ALCOHOL MARKET, COMPANY LANDSCAPE 313
- 12.1 COMPANY SHARE ANALYSIS: GLOBAL 313
- 12.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 314
- 12.3 COMPANY SHARE ANALYSIS: EUROPE 315
- 12.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 316
- 12.5 MERGERS & ACQUISITIONS 317
- 12.6 EXPANSIONS 317
- 12.7 NEW PRODUCT DEVELOPMENTS 318
- 12.8 AGREEMENTS 319
- 12.9 PARTNERSHIPS 320
13 SWOT ANALYSIS 321
14 COMPANY PROFILES 322
- 14.1 ANHEUSER-BUSCH INBEV 322
- 14.1.1 COMPANY SNAPSHOT 322
- 14.1.2 REVENUE ANALYSIS 323
- 14.1.3 COMPANY SHARE ANALYSIS 323
- 14.1.4 PRODUCT PORTFOLIO 324
- 14.1.5 RECENT DEVELOPMENT 324
- 14.2 CONSTELLATION BRANDS, INC. 325
- 14.2.1 COMPANY SNAPSHOT 325
- 14.2.2 REVENUE ANALYSIS 325
- 14.2.3 COMPANY SHARE ANALYSIS 326
- 14.2.4 PRODUCT PORTFOLIO 326
- 14.2.5 RECENT DEVELOPMENT 327
- 14.3 HEINEKEN N.V. 328
- 14.3.1 COMPANY SNAPSHOT 328
- 14.3.2 REVENUE ANALYSIS 328
- 14.3.3 COMPANY SHARE ANALYSIS 329
- 14.3.4 PRODUCT PORTFOLIO 329
- 14.3.5 RECENT DEVELOPMENT 330
- 14.4 THE COCA-COLA COMPANY 331
- 14.4.1 COMPANY SNAPSHOT 331
- 14.4.2 REVENUE ANALYSIS 331
- 14.4.3 COMPANY SHARE ANALYSIS 332
- 14.4.4 PRODUCT PORTFOLIO 332
- 14.4.5 RECENT DEVELOPMENT 333
- 14.5 ASHAHI GROUP HOLDINGS, LTD 334
- 14.5.1 COMPANY SNAPSHOT 334
- 14.5.2 REVENUE ANALYSIS 334
- 14.5.3 COMPANY SHARE ANALYSIS 335
- 14.5.4 PRODUCT PORTFOLIO 335
- 14.5.5 RECENT DEVELOPMENTS 336
- 14.6 ANHEUSER-BUSCH COMPANIES, LLC. 337
- 14.6.1 COMPANY SNAPSHOT 337
- 14.6.2 PRODUCT PORTFOLIO 337
- 14.6.3 RECENT DEVELOPMENT 338
- 14.7 THE BOSTON BEER COMPANY 339
- 14.7.1 COMPANY SNAPSHOT 339
- 14.7.2 REVENUE ANALYSIS 339
- 14.7.3 PRODUCT PORTFOLIO 340
- 14.7.4 RECENT DEVELOPMENTS 341
- 14.8 DIAGEO 342
- 14.8.1 COMPANY SNAPSHOT 342
- 14.8.2 REVENUE ANALYSIS 342
- 14.8.3 PRODUCT PORTFOLIO 343
- 14.8.4 RECENT DEVELOPMENT 343
- 14.9 BEAM SUNTORY INC. 344
- 14.9.1 COMPANY SNAPSHOT 344
- 14.9.2 PRODUCT PORTFOLIO 344
- 14.9.3 RECENT DEVELOPMENTS 346
- 14.10 ACCOLADE WINES LIMITED. 347
- 14.10.1 COMPANY SNAPSHOT 347
- 14.10.2 PRODUCT PORTFOLIO 347
- 14.10.3 RECENT DEVELOPMENT 348
- 14.11 BACARDI LIMITED 349
- 14.11.1 COMPANY SNAPSHOT 349
- 14.11.2 PRODUCT PORTFOLIO 349
- 14.11.3 RECENT DEVELOPMENT 350
- 14.12 BROWN-FORMAN 351
- 14.12.1 COMPANY SNAPSHOT 351
- 14.12.2 REVENUE ANALYSIS 351
- 14.12.3 PRODUCT PORTFOLIO 352
- 14.12.4 RECENT DEVELOPMENTS 353
- 14.13 CARLSBERG BREWERIES A/S 354
- 14.13.1 COMPANY SNAPSHOT 354
- 14.13.2 REVENUE ANALYSIS 354
- 14.13.3 PRODUCT PORTFOLIO 355
- 14.13.4 RECENT DEVELOPMENT 355
- 14.14 EDRINGTON 356
- 14.14.1 COMPANY SNAPSHOT 356
- 14.14.2 REVENUE ANALYSIS 356
- 14.14.3 PRODUCT PORTFOLIO 357
- 14.14.4 RECENT DEVELOPMENT 358
- 14.15 HALEWOOD ARTISANAL SPIRITS 359
- 14.15.1 COMPANY SNAPSHOT 359
- 14.15.2 PRODUCT PORTFOLIO 359
- 14.15.3 RECENT DEVELOPMENT 360
- 14.16 KALS DISTILLERIES PRIVATE LIMITED. 361
- 14.16.1 COMPANY SNAPSHOT 361
- 14.16.2 PRODUCT PORTFOLIO 361
- 14.16.3 RECENT DEVELOPMENT 362
- 14.17 PERNOD RICARD 363
- 14.17.1 COMPANY SNAPSHOT 363
- 14.17.2 REVENUE ANALYSIS 363
- 14.17.3 PRODUCT PORTFOLIO 364
- 14.17.4 RECENT DEVELOPMENTS 365
- 14.18 RADICO KHAITAN LTD. 366
- 14.18.1 COMPANY SNAPSHOT 366
- 14.18.2 REVENUE ANALYSIS 366
- 14.18.3 PRODUCT PORTFOLIO 367
- 14.18.4 RECENT DEVELOPMENT 367
- 14.19 SUNTORY HOLDINGS LIMITED 368
- 14.19.1 COMPANY SNAPSHOT 368
- 14.19.2 REVENUE ANALYSIS 368
- 14.19.3 PRODUCT PORTFOLIO 369
- 14.19.4 RECENT DEVELOPMENT 369
- 14.20 UNITED BREWERIES LTD. 370
- 14.20.1 COMPANY SNAPSHOT 370
- 14.20.2 REVENUE ANALYSIS 370
- 14.20.3 PRODUCT PORTFOLIO 371
- 14.20.4 RECENT DEVELOPMENT 371
- 14.21 WILLIAM GRANT & SONS 372
- 14.21.1 COMPANY SNAPSHOT 372
- 14.21.2 PRODUCT PORTFOLIO 372
- 14.21.3 RECENT DEVELOPMENT 373
15 QUESTIONNAIRE 374
16 RELATED REPORTS 377