Liqueurs and Cordials Market Analysis 2014-2019 with COVID-19 Growth Deviations for 2020-2024 - ResearchAndMarkets.com

DUBLIN--()--The "The Global Liqueurs and Cordials Market and the Impact of COVID-19 in the Medium Term" report has been added to ResearchAndMarkets.com's offering.

This is the most detailed (COVID-19 updated) and comprehensive report about the global liqueurs and cordials market, covering all global regions and 151 single countries. The report presents information on each indicator for each of the 151 countries covered, offering unmatched value, accuracy and expert insights.

The global liqueurs and other spirits market was equal to 197.36 billion USD (calculated in retail prices) in 2014. Until 2024, the spirits market in the world is forecast to reach 242.19 billion USD (in retail prices), thus increasing at a CAGR of 2.77% per annum for the period 2019-2024. This is an increase, compared to the growth of about 1.27% per year, registered in 2014-2018.

The average consumption per capita in value terms reached 21.59 USD per capita (in retail prices) in 2014. In the next five years, it grew at a CAGR of 3.35% per annum. In the medium term (by 2024), the indicator is forecast to slow down its growth and increase at a CAGR of 2.44% per annum.

The popularity of cocktail culture over the last few years, coupled with the constant desire for new and unique flavors has been driving the use of liqueurs and cordials in diverse cocktails, thus stimulating the category's development. Due to the growing search for new taste experiences, consumers and especially millennials are increasingly opting for cordials and liqueurs with their versatile character. There is a diversity of liqueurs and cordials, including flavored with fruit, flowers, spices, nuts, herbal concoctions, cream liqueurs, among others.

As a matter of fact, cream liqueurs are growing in popularity, mainly due to the craft distillers, which are introducing new artisanal liqueurs with intriguing flavors such as maple and Indian spices. At the same time, consumer preference towards low and non-alcohol beverages is another recent shift, which has impacted the overall development of not only liqueurs and cordials category, but also the entire alcoholic beverages market.

Digital marketing and social media, in particular, is of huge significance for the success of most of the brands, as it gives companies a direct line to customers. Companies within the sector are increasingly using social media to create campaigns, educate consumers and more. In addition, the cocktail trend is partially driven by the social media, because cocktails look far more appealing, posted on the social media, especially those made with colorful liqueurs, than just a glass of pure alcohol or a shot.

In such a way, Aperol became one of the fastest growing liqueurs, which is especially popular in Germany, Italy and Austria. In fact, the colorful drink has experienced a huge growth, amounting to 19.5% in the second quarter of 2019 and driven mainly by demand from younger drinkers.

Report Coverage

This report presents a strategic analysis of the global liqueurs and cordials market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. It provides a comprehensive overview of the market volume and value, dynamics, segmentation, characteristics, main players, prices, international trade, trends and insights, growth and demand drivers, challenges, etc.

The report on the global liqueurs and cordials market covers:

  • Market volume, value and dynamics for the last five years;
  • Market segmentation (by region and each covered country; by product groups, etc.) for the last five years;
  • Analysis of the factors, influencing the market development (market trends and insights, drivers and challenges) and the impact COVID-19 has and will have on the market in both the short and the medium term;
  • Value chain analysis and structure of price formation;
  • Analysis of retail price levels and their dynamics for the last five years (broken down by region and each covered country);
  • Analysis of the major international trade flows;
  • Volume, value, dynamics, segmentation (by region and each covered country) and analysis of imports for the last five years;
  • Volume, value, dynamics, segmentation (by region and each covered country) and analysis of exports for the last five years;
  • Volume and dynamics of the average import and export prices for the last five years (broken down by region and each covered country);
  • Volume, value, dynamics, segmentation and analysis of per capita consumption for the last five years (broken down by region and each covered country);
  • Forecast for market development in the medium term (volume, value and segmentation by region and each covered country);
  • Characteristics of the main players on the market;
  • Analysis of the competitive landscape;
  • Five Forces analysis;
  • Analysis and forecast for the global economy and demographics.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Product Description

5. State of the Global Demographics and Economy

5.1. Characteristics of the Global Demographics in 2014-2018

5.2. Characteristics of the Global Economy in 2014-2018

5.3. Forecast for the Development of the Global Economy in the Short Term

6. Overview, Segmentation and Analysis of the Global liqueurs and cordials Market

6.1. Volume, Value and Dynamics of the Global liqueurs and cordials Market in 2014-2018

6.2. Segmentation of the Global liqueurs and cordials Market in 2014-2018 by Main Regions

6.3. Segmentation of the Global liqueurs and cordials Market in 2014-2018 by Countries

6.4. Trends and Insights of the Global liqueurs and cordials Market

6.5. Profiles of the Main Players on the Global liqueurs and cordials Market

6.6. Five Forces Analysis

6.7. Competitive Landscape on the Global liqueurs and cordials Market

6.8. Drivers and Challenges That Will Affect the Future Development of the Global liqueurs and cordials Market

7. Characteristics and Analysis of the Global Prices of liqueurs and cordials in 2014-2018

7.1. Value Chain Analysis

7.2. Structure of Price Formation

7.3. Segmentation of the Average Retail Prices of liqueurs and cordials Globally in 2014-2018 by Main Regions

7.4. Segmentation of the Average Retail Prices of liqueurs and cordials Globally in 2014-2018 by Countries

8. Global Foreign Trade Operations of liqueurs and cordials

8.1. Global Foreign Trade Operations of liqueurs and cordials in 2014-2018

9. Overview, Segmentation and Analysis of the Global Imports of liqueurs and cordials

9.1. Volume, Value and Dynamics of the Global Imports of liqueurs and cordials in 2014-2018

9.2. Segmentation of the Global Imports of liqueurs and cordials by Importing Regions in 2014-2018

9.3. Segmentation of the Global Imports of liqueurs and cordials by Importing Countries in 2014-2018

9.4. Segmentation of the Average Import Prices of liqueurs and cordials by Importing Countries in 2014-2018

10. Overview, Segmentation and Analysis of the Global Exports of liqueurs and cordials

10.1. Volume, Value and Dynamics of the Global Exports of liqueurs and cordials in 2014-2018

10.2. Segmentation of the Global Exports of liqueurs and cordials by Exporting Regions in 2014-2018

10.3. Segmentation of the Global Exports of liqueurs and cordials by Exporting Countries in 2014-2018

10.4. Segmentation of the Average Export Prices of liqueurs and cordials by Exporting Countries in 2014-2018

11. Characteristics and Segmentation of the Global Consumption of liqueurs and cordials per Capita

11.1. Segmentation of the Global liqueurs and cordials Consumption per Capita by Main Regions in 2014-2018

11.2. Segmentation of the Global liqueurs and cordials Consumption per Capita by Countries in 2014-2018

12. Forecast for the Development of the Global liqueurs and cordials Market in 2019-2024

12.1. Forecast for the Development of the Global liqueurs and cordials Market in 2019-2024 in Three Possible Scenarios

12.2. Forecast for the Development of the Global liqueurs and cordials Market, Broken down by Main Regions in 2019-2024

12.3. Forecast for the Development of the Global liqueurs and cordials Market, Broken down by Countries in 2019-2024

Companies Mentioned

  • Antartic
  • Bionade
  • Biotta
  • Boller
  • Bolthouse Farms
  • Campbell Soup Company
  • China Huiyuan Juice Group Limited
  • Citrus World
  • Del Monte
  • Dohler Group
  • Dr. Pepper Snapple Group Inc.
  • Firefly Tonics
  • Jamba Juice Company
  • MTY Food Group
  • Naked Juice Company
  • Nestle
  • Ocean Spray
  • Pepsico
  • The Coca-Cola Company
  • Welch's
  • Wild Flavors Inc.

For more information about this report visit https://www.researchandmarkets.com/r/30fkb5

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900