"Vodka Market

The demand for vodka market is projected to rise at a rate of 6.20% in the forecast period of 2021 to 2028. Growing cocktail culture among consumers and increasing demand for premium vodka across the globe are likely to serve as a factor in the forecast period for the vodka market.

Vodka is usually made up from fermented potatoes and grain which has standard alcohol concentration of 40% ABV. It is composed of ethanol and water. Growing demand for cocktail in developed and developing countries are major factor driving the growth of global vodka market. Additionally, rapidly changing lifestyle of the people and growing urbanization along with high disposal income of the people are boosting the growth of global vodka market. Furthermore, increasing demand for fruits based and healthy vodka is expected to fuel the growth of global vodka market.

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The major players covered in the vodka report are Stoli, Proximo Spirits, CANADIAN ICEBERG VIDKA CORPORATION, Distell, Constellation Brands, Inc., Central European Distribution Corporation, Brown-Forman, Bacardi & Company Limited, Pernod Ricard, Campari Group, Diageo plc, Soyuz-Viktan, Tilaknagar Industries Ltd, Suntory, Russian Standard, GRAY GOOSE, Nemiroff, The Absolut Company AB, theubgroup among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Vodka Market Scope and Market Size

The vodka market is segmented on the basis of type, application, packaging type and production. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the vodka market is segmented into non-flavoured and flavoured.

• Based on application, the vodka market is segmented into supermarket, department store, bar and others.
• Based on the packaging type, the vodka market is segmented into glass, metal can and others.
• The vodka market is also segmented on the basis of production. The production is segmented into macro-brewery, micro-brewery, craft brewery and others.  

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Global Vodka Market Country Level Analysis

Global vodka market is analysed and market size, volume information is provided by country, type, application, packaging type and production as referenced above.

The countries covered in the vodka market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

The U.S. and Russia have been accounted for holding major shares in the global vodka Market due to production and consumption of vodka on huge scale in the countries.  

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