1. What is the projected Compound Annual Growth Rate (CAGR) of the Cognac & Brandy Market?
The projected CAGR is approximately 5.66%.
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Cognac & Brandy MarketCognac & Brandy Market by Type (Value, Premium, High-end Premium, Super Premium), by Distribution Channel (On-Trade, Off-Trade), by By Geography (North America), by Europe (U.K., France, Germany, Italy, Russia, Rest of Europe), by Asia Pacific (China, India, Japan, Australia, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East and Africa (South Africa, Turkey, Rest of Middle East & Africa) Forecast 2026-2034
The global Cognac & Brandy market size was valued at USD 16.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.66% from 2023 to 2030. The increasing demand for premium and super-premium products, along with favorable regulatory policies in key markets, is likely to drive the market's growth.
Type:
Distribution Channel:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.66% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.66%.
Key companies in the market include Remy Martin (France), Hennessy LVMH (France), Pernod Ricard (France), Radico Khaitan Ltd. (India), Naud Spirts & Distillery (France), Emperador Distillers Inc (Philippines), Suntory (Japan), Meukow Cognac (France), Thomas Hine & Co. (France), Maison Ferrand (France).
The market segments include Type, Distribution Channel.
The market size is estimated to be USD 11.67 USD Billion as of 2022.
Expansion of International Brands in Saudi Arabia to Fuel Market Growth.
Rising Popularity of Veganism to Fuel Market Growth.
Rising Trend for Low or Non-alcoholic Beverages to Restrict the Market Growth.
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