(Food-Beverage-News.Com, October 06, 2017 ) Craft spirts are the products of an independently-owned distillery with maximum annual sales of 52,000 cases, where the products are physically distilled and bottled on-site. Consumers perceive craft spirits to be of a higher quality than mainstream spirits brands. The demand for craft spirits is increasing, and the craft spirit segment is expected to have a significant impact on the overall alcohol sales globally during the forecast period.
Publisher's analysts forecast the global craft spirits market to grow at a CAGR of 26.91% during the period 2017-2021. For more information about this report: http://www.reportsweb.com/global-craft-spirits-market-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the global craft spirits market for 2017-2021. To calculate the market size, the report considers the sale of craft spirit products to individual consumers.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Craft Spirits Market 2017-2021, 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.
Other prominent vendors - Asheville Distilling Company - Balcones Distilling - Chase Distillery - East London Liquor Company - Eden Mill: St Andrews Brewers - Masons Yorkshire Gin - Sibling Distillery - The Lakes Distillery
Market driver - New product launches - For a full, detailed list, view our report
Market challenge - Fluctuating prices of raw materials - For a full, detailed list, view our report
Market trend - Consolidation of craft spirits industry - For a full, detailed list, view our report