France spirits market is forecasted to reach US$7.96 billion in 2024, growing at a CAGR of 3.12% for the period spanning 2020-2024. The factors such as rapid urbanization, increasing income, accelerating online spirits sales and peer influence on youngsters are expected to drive the market. However, growth of the industry would be challenged by high competitive pressure and retail consolidation ..
The U.S. tequila market is estimated to reach US$4.74 billion in 2024, growing at a CAGR of 5.06% for the period spanning from 2020 to 2024. The factors such as improvement in economic condition, growing hispanic population, increasing urban population, rising female population are expected to drive the market. However, growth of the industry will be challenged by increasing cannabis consumptio ..
Asia Pacific beer market is anticipated to grow at a CAGR of 4.84% during the period spanning 2020-2024. The market in 2024 is forecasted to be US$240.7 billion. The growth in the Asia Pacific beer market is driven by escalating middle class population, growing urbanization and rising gross domestic product. The market is expected to face certain challenges like declining youth population, innu ..
The global premium beer market value is forecasted to reach US$55.86 billion in 2024, growing at a CAGR of 4.2%, for the period spanning from 2019 to 2024. The factors such as booming travel and tourism industry, accelerating economic ..
Baijiu is a traditional drink of China that closely resembles Vodka in its fragrance. It is made by a distillation process that uses ingredients like sorghum, wheat or rice depending upon the desired taste. Th ..
Tequila is a popular distilled beverage and type of alcoholic drink made from the blue agave plant in Mexico. Mexico is the only origin of tequila. Tequila is produced from agave, a plant that is part of the agavoideae sub ..