Craft Vodka Market Assessment 2020-2025: Includes Profiles of Sazerac Company, Beam Suntory, William Grant & Sons, Fifth Generation, Diageo, Heaven Hill Brands and St. George Spirits - ResearchAndMarkets.com
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Thursday, June 18, 2020
Geographically, North America is dominating the market, followed by Europe and Asia-Pacific, owing to the production concentration and demand for craft vodka.
Key Points:
- Geographically, North America is dominating the market, followed by Europe and Asia-Pacific, owing to the production concentration and demand for craft vodka.
- The change in taste and the growing demand for small batch, handcrafted vodka with unique flavor profiles is contributing to the growth of the craft vodka market.
- For instance, Deep Eddy Vodka, a brand of Heaven Hill Brands, an American-made and family-owned spirits brand offers a wide range of flavored vodka including sweet tea vodka, cranberry vodka, lemon vodka, peach vodka, orange vodka and many more.
- The global market for craft vodka is fragmented, owing to the presence of large regional and domestic players in different countries.