Title: Vodka Market Size Estimated to Reach $100.3 Million by 2026
1Vodka Market - Forecast(2022 - 2027)
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- Vodka Market size is estimated to reach 100.3
million by 2026, growing at a CAGR of 2.1 over
2021-2026. Vodka is a kind of distilled alcoholic
beverages that contains 40-50 of ethanol and
obtained through grains or vegetables or any
other raw carbohydrates like potatoes, sugar
beet, etc. - Vodka contains fusel oils and are mostly used as
a mixer in cocktails which has no color and does
not contain any added sugar.
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- Key Takeaways
- In 2020, North America dominated the Vodka Market
owing to rising consumption of alcoholic
beverages in daily basis which is rising the
sales of vodka. Moreover, people are also taking
drinks during their meals and this is rising the
consumption rate of vodka and boosting the growth
of Vodka Market. - Among adult population, the consumption of
alcoholic beverages is growing and rising number
of alcohol serving bars, pubs and restaurants are
enhancing the growth of the Vodka Market.
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By Distribution Channel- Segment Analysis The
Vodka Market based on Type can be further
distributed into Flavored, and Non Flavored. The
Flavored segment is the major segment generating
revenue in 2020. This is mainly owing to its
flavoring taste that enhances the texture of
vodka which attracts consumers to consume
flavored vodka. Moreover, many consumers are not
able to consume drinks with alcoholic smell and
prefer mostly the flavored vodka that includes
flavors like citrus, orange, peach and cucumber
that helps them to enjoy a drink with enhancing
taste and thus propelling the market growth.
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- Vodka Market Industry Outlook
- Pernod Ricard
- UB Group
- Brown-Forman Corporation
- Global Spirits
- Nemiroff Holding
- Bacardi Limited
- Canadian Icebery Vodka Corporation
- Campari Group
- LVMH Group
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