Uganda Spirits Market Report 2022: Featuring Key Players Africa Spirits, Distell, Leading Distillers, Pernod Ricard & Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Uganda Spirits Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Uganda spirits market reached a value of US$ 1.62 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 2.28 Billion by 2027, growing at a CAGR of around 5.7% during 2022-2027.

In Uganda, various tribes traditionally prepare grain-based alcoholic drinks that are similar to spirits composition. As a result, people in Uganda already have a traditional outlook towards the consumption of alcohol, which has primarily attributed to the growth of the spirits industry in the country.

Uganda Spirits Market Trends:

The increasing penetration of western culture, coupled with elevating levels of urbanization, are primarily driving the demand for spirits in Uganda. In line with this, the emerging trend of socializing and casual drinking, particularly among working professionals and the millennial population, is also propelling the market growth.

Moreover, the rising consumer expenditures on premium alcoholic beverages for unique and innovative drinking experiences are further catalyzing the product demand in the country. Besides this, the escalating number of wineries and breweries in Uganda is acting as another significant growth-inducing factor.

Additionally, several product manufacturers are launching flavored spirits and mixed beverages with limited alcohol content, particularly for female drinkers, which is further augmenting the market for spirits in Uganda. Moreover, the rise in the availability of spirits due to legal authorization by government bodies and the evolution of modern retail facilities are accelerating the product demand in the country.

In line with this, Uganda's positive economic outlook and increasing footfall of tourists are attracting foreign investments in the HoReCa sector, which is bolstering the sales of alcoholic beverages. Besides this, various brick-and-mortar alcohol shops in the country are utilizing online retail platforms for enhancing their product sales and reaching out to larger masses. Additionally, the introduction of value-added product variants involving bio-degradable packaging solutions and sustainable methods in the manufacturing process is expected to drive the Uganda spirits market in the coming years.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the Uganda spirits market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type and distribution channel.

Breakup by Product Type:

• Whiskey
• Vodka
• Gin
• Brandy
• Rum
• Others

Breakup by Distribution Channel:

• On-Trade
• Off-Trade
• Specialist Retailers
• Supermarkets and Hypermarkets
• Online Retail
• Others

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Uganda Spirits Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Product Type

5.5 Market Breakup by Distribution Channel

5.6 Market Forecast

6 Market Breakup by Product Type

6.1 Whiskey

6.2 Vodka

6.3 Gin

6.4 Brandy

6.5 Rum

6.6 Others

7 Market Breakup by Distribution Channel

7.1 On-Trade

7.2 Off-Trade

7.2.1 Market Trends

7.2.2 Market Breakup by Off-Trade Channels

7.2.2.1 Specialty Retailers

7.2.2.1.1 Market Trends

7.2.2.1.2 Market Forecast

7.2.2.2 Supermarkets and Hypermarkets

7.2.2.3 Online

7.2.2.4 Others

7.2.2.4.1 Market Trends

7.2.2.4.2 Market Forecast

7.2.3 Market Forecast

8 SWOT Analysis

9 Value Chain Analysis

10 Porters Five Forces Analysis

11 Competitive Landscape

Companies Mentioned

• Africa Spirits Limited
• Distell
• Leading Distillers (U) Ltd (Leading Group of Companies (LGoC))
• Pernod Ricard
• Premier Distilleries Limited
• Uganda Breweries Limited (East African Breweries Limited)
• West Nile Distilling (Adrikos).

For more information about this report visit https://www.researchandmarkets.com/r/g6xf99