DUBLIN--(BUSINESS WIRE)--The "Bitters Market Research Report by Product (Aperitif Bitters, Cocktail Bitters, and Digestif Bitters), End User, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Bitters Market size was estimated at USD 316.56 million in 2021, USD 354.84 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 12.26% to reach USD 633.87 million by 2027.
In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Bitters Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space.
It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate.
The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.
Company Usability Profiles:
- AB InBev
- Absinthes.com
- Angostura Bitters
- Angostura Limited
- Bitters Club LLC
- Davide Campari-Milano N.V
- Hella Cocktail Co.
- Kuemmerling KG
- LCBO
- Meredith Corporation
- Only Bitters
- Pernod Ricard SA
- Scrappy's Bitters
- Spirit of York Distillery Co.
- Stock Spirits Group PLC
- Tesco.com
- The Bitter Housewife
- TheDrinkShop.com Ltd
- Token Bitters
- Total Wine & More
- Tulleeho Portals Pvt. Ltd.
- Underberg AG
- VinePair Inc.
- Vinsajten.com GmbH
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising consumption of alcoholic & non-alcoholic beverages by the millennial population across the world
5.1.1.2. Increase in the health benefits associated with the bitters such as protein digestion, mineral absorption, and others
5.1.2. Restraints
5.1.2.1. Potential adverse reactions with the products
5.1.3. Opportunities
5.1.3.1. Growing demand for branded and premium alcohol and rise in the spending on international liquor brands
5.1.3.2. Rising developments in the players for new types of bitters with unique flavors like chocolate, coffee, cherry, and more
5.1.4. Challenges
5.1.4.1. Overuse related issues
5.2. Cumulative Impact of COVID-19
5.3. Cumulative Impact of 2022 Russia Ukraine Conflict
6. Bitters Market, by Product
6.1. Introduction
6.2. Aperitif Bitters
6.3. Cocktail Bitters
6.4. Digestif Bitters
6.5. Medicinal Bitters
7. Bitters Market, by End User
7.1. Introduction
7.2. Restaurants & Bars
7.3. Retail Service
8. Americas Bitters Market
9. Asia-Pacific Bitters Market
10. Europe, Middle East & Africa Bitters Market
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.1.1. Quadrants
11.1.2. Business Strategy
11.1.3. Product Satisfaction
11.2. Market Ranking Analysis
11.3. Market Share Analysis, By Key Player
11.4. Competitive Scenario
11.4.1. Merger & Acquisition
11.4.2. Agreement, Collaboration, & Partnership
11.4.3. New Product Launch & Enhancement
11.4.4. Investment & Funding
11.4.5. Award, Recognition, & Expansion
12. Company Usability Profiles
For more information about this report visit https://www.researchandmarkets.com/r/b5nh1i
