Vodka Market - Forecast(2022 - 2027)
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• Vodka Market size is estimated to reach $100.3 million by 2026, growing at a CAGR of 2.1% over 2021-2026. • Vodka is a kind of distilled alcoholic beverages that contains 40-50% of ethanol and obtained through grains or vegetables or any other raw carbohydrates like potatoes, sugar beet, etc. • Vodka contains fusel oils and are mostly used as a mixer in cocktails which has no color and does not contain any added sugar. • Vodka is obtained from high purity of ethyl alcohol and water which are essentially the only factors governing the mouthfeel and flavor of vodka that is fairly tasteless. Vodka is famous in Russia, Poland and Sweden where it is used in cocktails to enhance the taste.
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Key Takeaways • In 2020, North America dominated the Vodka Market owing to rising consumption of alcoholic beverages in daily basis which is rising the sales of vodka. Moreover, people are also taking drinks during their meals and this is rising the consumption rate of vodka and boosting the growth of Vodka Market. • Among adult population, the consumption of alcoholic beverages is growing and rising number of alcohol serving bars, pubs and restaurants are enhancing the growth of the Vodka Market. • The prominent manufacturers operating in the market will be provided detailed analysis of Strength, Weakness, and Opportunities in the Vodka Market report. • Strict government regulations regarding alcoholic beverages is set to create hurdles for the Vodka Market. Contact: (+1) 970-236Inquiry 3677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis The Vodka Market based on Type can be further distributed into Flavored, and Non Flavored. The Flavored segment is the major segment generating revenue in 2020. This is mainly owing to its flavoring taste that enhances the texture of vodka which attracts consumers to consume flavored vodka. Moreover, many consumers are not able to consume drinks with alcoholic smell and prefer mostly the flavored vodka that includes flavors like citrus, orange, peach and cucumber that helps them to enjoy a drink with enhancing taste and thus propelling the market growth. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Vodka Market Industry Outlook • Pernod Ricard • • • • • • • • •
UB Group Brown-Forman Corporation Global Spirits Nemiroff Holding Bacardi Limited Canadian Icebery Vodka Corporation Campari Group LVMH Group Diageo Plc
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Vodka Market - Forecast(2022 - 2027) Learn More About the Report
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