Specialty spirits are region-specific traditional spirits. Baijiu in China, soju in South Korea, sochu in Japan, Cachaa in Brazil, and raki in Turkey are some of the popular specialty spirits.
The global specialty spirits market is dominated by APAC. China is the largest market for specialty spirits. Rising disposable incomes, especially in developing nations, coupled with increased expenditure on alcohol has fueled the global specialty spirits market.
Technavios analysts forecast the global specialty spirits market to grow at a CAGR of 1.05% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global specialty spirits market for the period 2016-2020. The market size and forecasts provided in this report are in terms of revenue and volume and are calculated on the basis of retail sales of specialty spirits.
The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio's report, Global Specialty Spirits Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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