North American Distilled Spirits Market Size, Share and Forecast 2019-2025

Posted by OMR Global on February 17th, 2020

The North American distilled spirits market is estimated to grow at a CAGR of 2.9% during the forecast period. The North American distilled spirits industry valued at 1.8 billion in 2018 and is estimated to reach 3.4 billion in 2025. Growing alcohol consumption is the major factor that is contributing to the market growth in the region. According to the WHO nearly 28.3% of the people are abstainers in the country with 9.2% lifetime abstainers; whereas 19.2% had not to drink alcoholic beverages from the last 12 months. Moreover, it is mandatory to print required health warning labels on alcohol containers in the US.  

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According to the Distilled Spirits Council, nearly 63% of the US whiskey exports have faced retaliatory tariffs from the EU, China, Turkey, Canada, and Mexico. The US-China trade war and the new tariffs levied by the US on EU imports are some of the major factors that can be considered to derail the growth of the market in the US. These actions of the country will further affect the distilled spirit industry of the US in the near future. 

A full Report of North American Distilled Spirits Market is Available at: https://www.omrglobal.com/industry-reports/north-american-distilled-spirits-market 

The Report Covers 

•          Comprehensive research methodology of the North American distilled spirits market.
•          This report also includes a detailed and extensive market overview with key analyst insights.
•          An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
•          Analysis of regional regulations and other government policies impacting the North American distilled spirits market.
•          Insights about market determinants which are stimulating the North American distilled spirits market.
•          Detailed and extensive market segments with regional distribution of forecasted revenues.
•          Extensive profiles and recent developments of market players. 

North American Distilled Spirits Market Segmentation

 By Type 

•          Whiskey
•          Vodka
•          Rum
•          Gin
•          Tequila
•          Brandy
•          Others 

By Distribution Channel 

•          Online
•          Offline 

Regional Analysis  

•          US 
•          Canada 

Company Profiles 

•          Anheuser-Busch InBev
•          Carlsberg Breweries A/S
•          Constellation Brands, Inc.
•          Diageo PLC
•          Heineken Holding N.V.
•          Kirin Holdings Co. Ltd.
•          Molson Coors Brewing Co.
•          Pernod Ricard S.A.
•          SABMiller PLC
•          The Boston Beer Company, Inc. 

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