alcoholic beverages – Refoksa Sun, 20 Mar 2022 22:10:12 +0000 en-US hourly 1 alcoholic beverages – Refoksa 32 32 Luxury Wine Market Size, Scope, Growth, Competitive Analysis – Pernod Ricard, Brown Forman, Diageo, Bacardi – Chandler Brownsboro Sun, 20 Mar 2022 22:10:12 +0000

New Jersey, United States,- the Luxury wine market is carefully analyzed in the report with a focus on market dynamics including key issues and challenges, drivers, trends, and opportunities. The report includes an in-depth analysis of key market players to understand the use of key strategies adopted in the luxury wine market. It also sheds light on the industrial value chain and its expected changes over the forecast period. Analysts have offered complete and accurate research on price, sales, and cost in the Luxury Wine market and its development in the coming years. The research study has been prepared using the latest primary and secondary research methods.

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The report includes comprehensive company profiles of some of the largest and most popular names in the luxury wine market. Each player analyzed by the authors of the Luxury Wine report is studied in-depth on the basis of markets served, gross margin, production rate, product portfolio, market share, applications, and other factors. The competitive landscape of the Luxury Wine Market is thoroughly analyzed with an emphasis on the nature of market competition and future changes related to market competition. The effects of economic conditions, regulatory changes, changes in customer behavior and purchasing habits on the competitive landscape are also analyzed in detail.

Key Players Mentioned in the Luxury Wine Market Research Report:

Pernod Ricard, Brown Forman, Diageo, Bacardi, United Spirits, ThaiBev, Campari, Edrington Group, Bayadera Group, LMVH, William Grant & Sons, HiteJinro, Beam Suntory, Suntory

Segmentation of the luxury wine market:

By Product Type, the market is primarily split into:

• Red wine
• White wine
• Other

By application, this report covers the following segments:

• Wholesale
• Retail stores
• Department stores
• Online retailers

Each segment of the Luxury Wine market has been discussed in detail in the report, majorly focusing on the market share, revenue, volume, future growth forecast, and other critical factors. Segmental analysis helps players to be aware of untapped revenue streams and explore new opportunities in the Luxury Wine market. Likewise, the report covers major regional markets including North America, Asia-Pacific, Europe, Latin America, and MEA. Here, the regions are thoroughly analyzed to show their growth in the Luxury Wine market. Additionally, the report provides regional market growth forecast and CAGR for all the years of the forecast period.

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Scope of the Luxury Wine Market Report

UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

Geographic segment covered in the report:

The Luxury Wine report provides information on the market area, which is sub-divided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region over the estimated period.

• North America (USA and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and rest of Latin America)
• Middle East and Africa (GCC and Rest of Middle East and Africa)

Answers to key questions in the report:

1. Who are the five main players in the Luxury Wines market?

2. How will the Luxury Wine market evolve over the next five years?

3. Which product and which application will take the lion’s share of the Luxury Wine market?

4. What are the drivers and constraints of the luxury wine market?

5. Which regional market will show the strongest growth?

6. What will be the CAGR and size of the Luxury Wine market throughout the forecast period?

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Ginglani Distillers raises ₹6.6 cr in pre-series A round Wed, 02 Mar 2022 06:03:58 +0000

NEW DELHI: Ginglani Distillers, a whiskey startup in India, raised 6.6 crore ($0.9 million) in a pre-Series A round led by Supermorpheus, Eagle10 Ventures (via LV Angel Fund) and Grand Anicut Angel Fund.

The round also saw participation from a diverse set of investors, including startup founders Nitin Kaushal and Chakradhar Gade (Country Delight), Rohan Mirchandani and Epigamia founding team Prashant Pansare (Business Head India & MEA , Airmeet), Mohit Srivastava (Ex-MD Airbnb India) & Sameer Guglani (co-founder, Supermorpheus), among others.

With the injection of funds, Ginglani Distillers, the maker of Black Bow whiskey, has launched its brands in the Delhi market, plans to strengthen its core team and step up its marketing initiatives both in retail and on social networks.

Shivam Ginglani, the company’s founder said, “When you think of whisky, the usual names that come to mind are Scotch, Bourbon or even Japanese. Considering that Indians are actually the biggest consumers of whiskey in the world, it is surprising that there is no outstanding Indian whiskey category in India or in the world. The only existing Indian category is IMFL (Indian Made Foreign Liquor) which is confusing and inaccurate to say the least. It was this gap and under-representation of Indian whiskeys that led to the birth of our Black Bow brand.”

The Delhi-based company said the drink was made in Solan, Himachal Pradesh, and was made with local water and five-year-old malts. The company also produces “Woodsmen” whiskey. They aim to close the 2022 financial year with an ARR of $3 million and plan to enter the Chandigarh and Mumbai markets soon.

According to ICRIER, India’s whiskey industry was worth $52.5 billion in July 2021 and is dominated by age-old players launched in the early 1990s.

India is one of the fastest growing alcoholic beverage markets in the world, with an estimated market size of $52.5 billion in 2020 and the market is expected to grow at a CAGR of 6.8% between 2020 and 2023. According to the Ministry of Food Processing Industries, the production of alcoholic beverages in the country increased by about 23.8% during the period between 2015-16 and 2018-19.

The alcoholic beverage industry contributes about 1.5 million jobs in India and generated about $48.8 billion in revenue in 2019, added an ICRIER report titled Developing Principles for regulation and pricing of alcoholic beverages industry in India, from July 2021.

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Kim Reynolds orders Iowa ABD to shoot Russian liquor; stores drop vodka Mon, 28 Feb 2022 17:06:50 +0000

Gov. Kim Reynolds on Monday ordered Iowa’s liquor division to remove Russian-produced liquor from its bulk purchase list.

Iowa is one of 17 states that controls the wholesale sale of alcoholic beverages, according to a press release from the governor’s office, which called the move “in solidarity with the brave people of Ukraine as they defend their freedom against the tyranny of (Vladimir) Putin”. .”

The Iowa Alcoholic Beverage Division determines the brands of alcoholic products available to retailers, who then sell the products to consumers.

Of 30 imported vodkas sold in Iowa, only two are made in Russia, according to the Iowa Alcoholic Beverages Division. No Ukrainian vodka is offered for purchase by the alcoholic beverages division.

Many Hy-Vee stores across Iowa pulled vodkas with Russian-sounding names over the weekend, including stores in downtown Des Moines and Iowa City.