Brandy Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Brandy is a spirit which is produced from wine or fermented fruit juice. All required is that this liquid can be allowed to ferment and the resulting mildly-alcoholic product not be heated past the boiling point of water. The low-boiling point liquids distilled from wine include almost all of the alcohol, a small amount of water, and many of the wine's organic chemicals. All these chemicals give brandy its taste and aroma.
In general Brandy contains 35–60 percent of alcohol by volume and is typically taken as an after-dinner drink. Some brandies are aged in wooden casks, some are colored with caramel coloring to imitate the effect of aging, and some brandies are produced using a combination of both aging and coloring.
As an alcoholic beverage distilled from wine or a fermented fruit mash. The term mostly used alone refers to the grape product; brandies made from the wines or fermented mashes of other fruits are usually identified by the specific fruit name.
In the sales volume, India is the largest consumption market, about 96.9% is consumed in southern India, and mainly the low-price product. The second largest consumption market is Philippines, which is followed by Russia, United States and Germany.
In the sales revenue, China has surpassed United States, becoming the largest market (3944.04 million USD), followed by United States, Russia, India, Germany.
In Chinese market, brandy recognition is still low, after the anti-corruption in China, now the primary market is concentrated in South China, especially in Guangdong Province, the consumption of Guangdong occupies over 60% market share, new foreign companies always select this region as 1st strongpoint to expand business in China.
The Global Brandy Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Brandy Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Emperador
Gran Madador
McDowell's No.1
Hennessy
Manision House
Changyu
E & J Gallo
Honey Bee
Old Admiral
Men's Club
Dreher
McDowell's VSOP
Golden Grape
Paul Masson
Martell
Old Kenigsberg
Remy Martin
Courvoisier
Christian Brothers
Silver Cup Brandy
Camus
Bisquit
Baron Otard
Louis Royer
Korbel
Brillet
Salignac
Meukow
Hardy
Gautier
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
V.S.
V.S.O.P
XO
Hors dage
Multi - Idler
In Market segmentation by applications :
Shop & Supermarket
Restaurant & Bar & Club
Exclusive Store
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Brandy Market for the forecast period 2023 - 2030?
• What are the driving forces in the Brandy Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Brandy industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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