Hard alcohol or hard liquor fortified with additional flavors is gaining acceptance globally. RTD spirits are nothing but the pre-mixed or prepared and packed form of flavored spirits for direct consumption. Flavored liquors majorly have a base of vodka, tequila, whiskey, rum, and others. Growing popularity of unique flavors in liquors is increasing the share of RTD spirits in the liquor market.
Europe has the dominant market share followed by North America. Developing economy has led to increase in disposable income due to which Europe is projected to generate a high revenue during the given forecast period. Changing consumer’s preferences amongst the alcoholic beverages will support the sale of RTD spirits in various regions during the forecast period. The major importers of flavored spirits include U.S., Spain, Germany, U.K, and the Netherlands. Based on the higher demand for alcoholic beverages especially amongst the population of youth, the import and export of RTD spirits in the developed countries is found to rise at a steady growth rate.
The global RTD Spirit market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the RTD Spirit market based on company, product type, end user and key regions.
This report studies the global market size of RTD Spirit in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of RTD Spirit in these regions.
This research report categorizes the global RTD Spirit market by top players/brands, region, type and end user. This report also studies the global RTD Spirit market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Diageo Plc. (U.K.)
Asahi Breweries, Ltd. (Japan)
Suntory Holdings Limited (Japan)
Bacardi Limited (Bermuda)
Pernod Ricard SA (France)
Halewood International Limited (U.K.)
The Brown-Forman Corporation (U.S.)
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global RTD Spirit market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of RTD Spirit market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global RTD Spirit companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of RTD Spirit submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of RTD Spirit are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of RTD Spirit market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.