Global Brandy Market Report Size, Trends & Growth Opportunity, By Price (Value, High-End Premium, Super Premium, Premium), By Distribution Channel (Supermarkets and Hypermarkets, Exclusive Stores, On-Trade, Others), By Product Type (Grape Brandy, Cognac, Armagnac, Fruit Brandy, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Report ID : IR100523 | Industries : Food and Beverage | Published On :May 2024 | Page Count : 154
Global Brandy Market Report Size, Trends & Growth Opportunity, By Price (Value, High-End Premium, Super Premium, Premium), By Distribution Channel (Supermarkets and Hypermarkets, Exclusive Stores, On-Trade, Others), By Product Type (Grape Brandy, Cognac, Armagnac, Fruit Brandy, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Brandy Market
Global Brandy was valued at US$ 23.7 Billion in 2021, estimated to reach US$ 33.4 Billion in 2027, with a CAGR of 4.72% from 2022-2027.
A spirit or distillate made from wine, fruit juices and mashes containing 35-60% alcohol content is refer as Brandy which aged in oak barrels for 3-20 years with additional caramel colouring and flavours. Its moderate consumption can provide various health benefits, like increasing immunity, improving heart health, slowing aging, reducing cancer risk, and soothing cold and cough as it contains antibacterial, antioxidant, and polyphenolic compounds.
Market Drivers
If brandy is taken in a regulated amount, the probabilities of developing blood pressure, high cholesterol and blocked arteries reduce by 18%. This is the main driving factor for the growth of Global Brandy Market.
Moreover, since ancient times brandy has been used to treat cough, cold and sore throat as the presence of anti-bacterial compounds suffices the role of brandy as an associated medicine.
Additionally, the warmness present in the brandy is an advantage of boosting immunity.
Market Restraints
Key restraining factor for the growth of Global Brandy Market is Excess amounts can cause liver damage. Also, any alcohol taken in abnormal quantities can disturb a personal central nervous system, that includes the probabilities of getting hypoglycaemic.
Market Segmentation
Brandy Market is segmented into major 4 categories. Based on Product Type, the market is segmented into Grape Brandy, Cognac, Armagnac, Fruit Brandy, Others. Based on Price, the market is divided into Value, High-End Premium, Super Premium, Premium. Based on Distribution Channel, the market is segmented into Supermarkets and Hypermarkets, Exclusive Stores, On-Trade, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America dominated the Global Brandy Market in 20220 and continue to dominate in forecast period due to the surge in demand is allied with the increase in distillery and craft drinks in the millennial population. The rise is also related with the practice of fair trade, and the tendency of the youth to buying beverages with organic ingredients.
Europe will witness the substantial growth in forecast period owing to an uprising demand for brandy in beverages and confectionaries. The demand is also associated due to a rise in consumption of premium and craft spirits, and also because of the rising disposable income of the youth.
Market Key Players
Some of the key players operating in Global Brandy Market are Courvoisier Cognac (Beam Suntory Inc.), Diageo Plc, E. & J. Gallo Winery, Emperador (Alliance Global Group, Inc.), F. Korbel & Bros., Martell, Speciality Brands Ltd., Rémy Cointreau, Thomas HINE & Co. (EDV SAS), and Yantai Changyu Pioneer Wine Company Limited
Industry development
In September 2020, Constellation Brands acquired Copper and Kings American Brandy Limited, to acquire a larger market share and take advantage of the market penetration of the latter brand. Through this acquisition, Constellation Brands plans to expand its portfolio across premium products and brands. It would also help Constellation Brand to bridge the gap between premium craft drinks and craft bourbon.
Global Brandy Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Brandy Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Brandy Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Brandy Market Share Analysis, By Product Type
5.3 Brandy Market Size and Forecast, By Product Type
5.3.1 Grape Brandy
5.3.2 Cognac
5.3.3 Armagnac
5.3.4 Fruit Brandy
5.3.5 Others
6 Brandy Market, By Price
6.1 Y-o-Y Growth Comparison, By Price
6.2 Brandy Market Share Analysis, By Price
6.3 Brandy Market Size and Forecast, By Price
6.3.1 Value
6.3.2 High-End Premium
6.3.3 Super Premium
6.3.4 Premium
7 Brandy Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Brandy Market Share Analysis, By Distribution Channel
7.3 Brandy Market Size and Forecast, By Distribution Channel
7.3.1 Supermarkets and Hypermarkets
7.3.2 Exclusive Stores
7.3.3 On-Trade
7.3.4 Others
8 Brandy Market, By Region
8.1 Brandy Market Share Analysis, By Region
8.2 Brandy Market Share Analysis, By Region
8.3 Brandy Market Size and Forecast, By Region
9 North America Brandy Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Brandy Market Share Analysis, By Product Type
9.3 North America Brandy Market Size and Forecast, By Price
9.4 North America Brandy Market Size and Forecast, By Distribution Channel
9.5 North America Brandy Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Brandy Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Brandy Market Share Analysis, By Product Type
10.3 Europe Brandy Market Size and Forecast, By Price
10.4 Europe Brandy Market Size and Forecast, By Distribution Channel
10.5 Europe Brandy Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Brandy Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Brandy Market Share Analysis, By Product Type
11.3 Asia Pacific Brandy Market Size and Forecast, By Price
11.4 Asia Pacific Brandy Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Brandy Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Brandy Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Brandy Market Share Analysis, By Product Type
12.3 Latin America Brandy Market Size and Forecast, By Price
12.4 Latin America Brandy Market Size and Forecast, By Distribution Channel
12.4 Latin America Brandy Market Size and Forecast, By Network Route of Administration
12.5 Latin America Brandy Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Brandy Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Brandy Market Share Analysis, By Product Type
13.3 Middle East Brandy Market Size and Forecast, By Price
13.4 Middle East Brandy Market Size and Forecast, By Distribution Channel
13.5 Middle East Brandy Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Courvoisier Cognac (Beam Suntory Inc.)
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Diageo Plc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 E. & J. Gallo Winery
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Emperador (Alliance Global Group, Inc.)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 F. Korbel & Bros.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Martell
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Speciality Brands Ltd.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Rémy Cointreau
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Thomas HINE & Co. (EDV SAS)
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Yantai Changyu Pioneer Wine Company Limited
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies