Demand of Spirits to Expected Rise: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The US spirits sector is led by the vodka category in both value and volume terms. Spirit is a fermented mixture and a potable alcoholic beverage. In US, many regulations are enacted towards spirits, which are; protecting federal tax revenue, licensing qualified for (importers, manufacturers, wholesaler and warehouses), banning and ensuring quality with standards etc. The sale of spirits is permitted in dedicated retail stores and licensed outlet such as bars, restaurants and night clubs. All hotels serving alcoholic beverages in their facilities are required to have a valid liquor license issued by each state and localities that have laws and regulations. According to study, “Country Profile: Spirits In The Us” some of the major companies that are currently working in the spirits in the US are Diageo plc, Bacardi Limited, Sazerac Company Inc, Suntory Holdings Ltd, Brown-Forman Corporation, LVMH Moet Hennessy – Louis Vuitton, Constellation Brands Inc, Heaven Hill Distilleries Inc., Casa Cuervo S.A. de C.V, PernodRicard SA, Fifth Generation Inc. Trade of spirits in country is allowed for designated distributors, hypermarkets & supermarkets, department stores, convenience stores, drugstores & pharmacies, food & drinks specialists, warehouse clubs, dollar stores, variety store & general merchandise retailers, vending machines, e-retailers, and retailers. Trade of spirits in country can be divided into two broad segments, which are; on-trade and off-trade channels. The spirit market can be segmented on the basis of packaging material such as glass, paper & board, rigid plastics, flexible packaging and rigid metals etc. Glass is the most commonly used package material. Moreoverpack types are bottle, bag-in-box, carton-liquid, stand up pouch and can etc.There are many brands manufacturing spirits such as Grey goose, Ketel one, pinnacle, Skyy, Burnett’s, Tito’s, Svedka, Absolut, New Amsterdam and Smirnoff. Some beer brands are Heineken, Blue moon, Corona, Stella Artois, Dos equis, Fat tire, Guinness, Yuengling and Samuel Adams. Additionally, some whiskey brands are Buchanan’s scotch, Rich & Rare, Kessler, Woodford reserve bounbon, Dewar’s scotch, Club, Mist, Southern comfort, Bulleit, Wild turkey, Black velvet, Evan willians, Seagram’s 7 crown, Marker’s mark, Jameson Irish and Jim beam. Smirnoff is the leading brand in the US spirits sector. In 2017, there are many key consumption trends for spirits. Consumption of alcohol beverages was less, due to health concerns and a prevalent wellness trend affecting all social sectors. Moreover number of domestic wineries, breweries and distilleries increased by a combined 14 %. In 2017, spirit’s sales rise 3 percent to $6.2 billion, in US. The per capita consumption of spirits was lower in the US compared to both global and regional levels. Washington State has the highest spirits excise tax rate at $31.48 per gallon in the same year. Spirits companies sold 4 percent more liquor, hitting a record $26.2 billion, fueled by high-end brown liquor and a big thirst for Tequila and Vodka in the country, in the same year. In 2017, local consumers are prioritizing origin over brand loyalty, due to the diversity of spirits. In 2018, total category sales amounted to about US$2.35 billion in country. Jack Daniel’s Tennessee whiskey is the best selling whiskey, with about US$311.32 million. Nowadays, in US, consumers prefer craft beer because it provides more and variety than traditional beer. Tequila & Mezcal category is expected to register the fastest value and volume growth during 2017-2022.The market is projected to reach US$269.09 billion by 2012 and excise taxes will be decreased over the next five years. To know more, click on the link below: https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/profile-spirits-us/156604-11.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: US Spirits Market Competition Analysis, US Spirits Market Forecast, US Spirits Market Outlook, US Spirits Market Research Report, US Spirits Market Segmentation, US Spirits Market Share, US Spirits Market Size, US Spirits Market Trends, US Spirits Market Volume