Vodka Market in Europe 2014-2018

2014-11-05
Price :
Published : Nov-2014
No. of Pages : 74

Vodka is the second largest segment of the Global Spirits market, accounting for a share of 15.75 percent in 2013. Countries such as Russia, Poland, Ukraine, Latvia, Estonia, Lithuania, and the Czech Republic are driving the Vodka market in Europe. The alcohol content is usually 40 percent by volume for the above countries and 37.5 percent by volume for other European countries as established by the European Union.

TechNavio’s analysts forecast the Vodka market in Europe on the basis of revenue and volume to grow at a CAGR of 0.84 percent and -0.64 percent, respectively, over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Vodka market in Europe for the period 2014-2018. To calculate the market size, the report considers the total sales and consumption of vodka in Europe.

TechNavio’s report, the Vodka Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Eastern and Western of Europe; it also covers the Vodka market in Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

  • Eastern Europe
  • Western Europe
  • Key Vendors
  • Belvedere
  • CEDC
  • Diageo
  • Gruppo Campari
  • Nemiroff
  • Pernod Ricard

Other Prominent Vendors

  • Bacardi
  • Brown-Forman
  • Iceberg Vodka
  • Proximo Spirits
  • Remi Contreau
  • Savor Stoli
  • Soyuz Victan
  • ZYR Vodka
  • The Reyka Distillery

Market Driver

  • Dominance of Unflavored Vodka
  • For a full, detailed list, view our report

Market Challenge

  • Competition from Non-alcoholic Beverages
  • For a full, detailed list, view our report

Market Trend

  • Increased Demand for Healthy Vodka
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
Filed in: Alcoholic Beverages, Food & Beverage
Publisher : Technavio
More Reports
Title Price Buy Now

Country Profile: Wine Sector in the Netherlands

Country Profile: Wine Sector in the Netherlands Summary Netherlands Wine sector accounted for a volume share of 1.38% of the global market and 2.8% of the regional (Western European) market, in 2016. The sector is expected to grow at a CAGR of 1.9% during 2016-2021.Rising disposable income coupled with increase in health awareness and consumer preference for low-alcoholic beverages is expected to drive demand for Wine in the country. Per capita consumption stood at 24.5 liters compared to the global and Western Europe levels of 6.2 liters and 35.6 liters, respectively, in 2016. Still Wine was the largest with value sales of €2,961.4 Million (US$3,273.9 Million) in 2016. Sparkling Wine market is expected to grow the fastest at a CAGR of 5.4% during 2016-2021, compared to Fortified......
$875

Country Profile: Spirits Sector in the Netherlands

Country Profile: Spirits Sector in the Netherlands Summary Dutch Spirits sector accounted for a volume share of 0.18% of the global market and 2.37% of the regional (Western Europe) market, in 2016. The sector is expected to grow at a CAGR of 2.6% during 2016-2021. Consumer preference for low-alcoholic beverages coupled with rising health awareness and levy of taxes on high-alcohol products are the factors attributing to the minimal growth of the sector in the country. Per capita consumption stood at 3.31 liters compared to the global and Western Europe levels of 6.4 liters and 5.71 liters, respectively, in 2016. Whiskey was the largest with value sales of €607.2 Million (US$671.3 Million) in 2016 and is expected to grow the fastest at a CAGR of 7% compared to Brandy, Liqueurs, Rum (2.......
$875

Country Profile: Spirits Sector in Bulgaria

Country Profile: Spirits Sector in Bulgaria Summary Bulgarian Spirits sector accounted for a volume share of 0.3% of the global market and 2.8% of the regional (Eastern Europe) market, in 2016. The sector is expected to grow at a CAGR of 1.5% during 2016-2021. Growing disposable income of consumers, which is enabling them to indulge more in good quality, especially in premium segments of spirits is driving the Bulgarian Spirits sector. Per capita consumption stood at 14 liters compared to the global and Eastern Europe levels of 6.4 liters and 10.4 liters, respectively, in 2016. Specialty Spirits was the largest with value sales of Lv948.4 Million (US$536 Million) in 2016. Whiskey is expected to grow the fastest at a CAGR of 4.9% compared to Brandy (0.6%), Gin & Genever (0.6%), Liqueurs ......
$875

Country Profile: Wine Sector in Argentina

Country Profile: Wine Sector in Argentina Summary Argentina accounted for a volume share of 4.1% of the global Wine sector and 53.1% in the regional (Latin America) sector, in 2016. The volume consumption of wine in Argentina declined during 2011-2016. It is expected to further decline at a CAGR of 1.6% during 2016-2021. The decline can be attributed to high inflation rate, lower consumer spending and rise in unemployment rate in the country. Per capita consumption of wine stood at 31.5literscompared to the global and Latin America levels of6.2liters and 6.7liters, respectively, in 2016. Still Wine was the largest with value sales of ARS23,717.4 Million (US$1,611 Million) in 2016. Fortified Wine is expected to register fastest growth at a CAGR of 8% during 2016-2021, compared to S......
$875

Country Profile: Spirits Sector in Chile

Country Profile: Spirits Sector in Chile Summary Chilean Spirits Sector accounted for a volume share of 0.43% of the global market and 5.6% of the regional (Latin America) market, in 2016. The Sector is expected to grow at a CAGR of 7.9% during 2016-2021. Large young population base, increase in employment rate coupled with rising consumer spending, are expected to drive the Chilean Spirits sector. Per capita consumption stood at 7.6 liters compared to the global and Latin America levels of 6.4 liters and 6.7 liters, respectively, in 2016. Specialty Spirits was the largest with value sales of CLP$747,292.9 Million (US$1,104.7 Million) in 2016. Vodka is expected to grow fastest at a CAGR of 16.5% compared to Rum, Specialty Spirits (8.4%), Liqueurs, Gin & Genever, Whiskey, Brandy (5.2%), ......
$875

Country Profile: Wine Sector in Italy

Country Profile: Wine Sector in Italy Summary Italian Wine sector accounted for a volume share of 11.5% of the global market and 23.3% of the regional (Western Europe) market, in 2016. The sector is expected to grow at a CAGR of 1.2% during 2016-2021.The Italian government, with stringent policies, is trying to bring down alcohol consumption in the country. Increasing health consciousness among Italian consumers, have seen them shifting from Spirits to Wine consumption. This is creating an opportunity for wine producers in Italy. Per capita consumption stood at 54.6 liters compared to the global and Western Europe levels of 6.2 liters and 35.6 liters, respectively, in 2016. Still Wine was the largest with value sales of €12,673.7Million (US$14,011.3Million) in 2016. Sparkling Win......
$875

Country Profile: Wine Sector in Poland

Country Profile: Wine Sector in Poland Summary Polish Wine sector accounted for a volume share of 0.9% of the global market and 7.2% of the regional (Eastern Europe) market, in 2016. The sector is expected to grow at a CAGR of 8.4% during 2016-2021.Increase in purchasing power of consumers coupled with growing acceptability of new variants of wine in the market is driving the Polish Wine sector. Per capita consumption stood at 6.7 liters compared to the global and Eastern Europe levels of10.3 liters and 6.2 liters, respectively, in 2016. Still Wine was the largest with value sales of Zl6,710.1 Million (US$1,699.4Million) in 2016. The market is also expected to grow the fastest at a CAGR of 9% during 2016-2021, compared to Sparkling Wine and Fortified Wine during the same period. ......
$875

Country Profile: Wine Sector in Hong Kong

Country Profile: Wine Sector in Hong Kong Summary Hong Kong's Wine sector accounted for a volume share of 0.19% of the global market and 1.5% of the regional (Asia-Pacific) market, in 2016. The sector is expected to grow at a CAGR of 2.1% during 2016-2021. Rise of Wine bars in Hong Kong, offering Wines from new world countries (such as Chile and Australia), and increasing preference for Wine over other alcoholic beverages is prompting consumers to indulge more in Wine. Per capita consumption stood at 7.58 liters compared to the global and Asia-Pacific levels of 6.25 liters and 1.26 liters, respectively, in 2016. Still Wine was the largest with value sales of HK$32,853.8 Million (US$4,233.4 Million) in 2016. However, Fortified Wine market is expected to grow the fastest at a CAGR o......
$875

Country Profile: Spirits Sector in New Zealand

Country Profile: Spirits Sector in New Zealand Summary GlobalData's "Country Profile: Spirits Sector in New Zealand", provides insights on high growth markets to target, trends in the usage of packaging materials, category level distribution channel data and market share of brands. New Zealand accounted for a volume share of 0.09% of the Asia-Pacific Spirits sector, in 2016. The strong economic status, subsequent rise in disposable incomes and the growing demand for unique flavoured spirits are some of the factors that are driving the sector. Of the eight markets, Whiskey is the largest in volume terms, and is also expected to grow at the fastest CAGR during 2016-2021. The top five brands accounted for 26.3% volume share in 2016. Jim Beam Rye was the leading brand in the sector, followe......
$875

Country Profile: Wine Sector in Chile

Country Profile: Wine Sector in Chile Summary Chilean Wine sector accounted for a volume share of 1.3% of the global market and 16.6% of the regional (Latin America) market, in 2016. The sector is expected to grow at a CAGR of 3.5% during 2016-2021.The sector is expected to register moderate growth during the forecast period, majorly driven by middle age consumers. Per capita consumption stood at 22.3 liters compared to the global and Latin America levels of 6.2 liters and 6.7 liters, respectively, in 2016. Still Wine was the largest with value sales of CLP$1,730,291.0Million (US$2557.8Million) in 2016. Fortified Wine market is expected to grow the fastest at a CAGR of 5.9% during 2016-2021, compared to Sparkling Wine (3.8%) and Still Wine. Food & Drinks Specialists was the lea......
$875