Market Research Report Global alcoholic beverages market revenue ,North A | Page 2

Spirits or alcoholic drinks market is thriving in the global market with billions
of dollars revenue. The global spirits are Brandy & Cognac, Gin, Rum,
Tequila, Vodka and Whiskies. It was estimated that the value share of spirits
in the global alcoholic beverages industry will increase by the year 2021.
Asia-Pacific will top the chart followed by North America in the global spirits
or alcoholic drinks market. However, the market is all set to witness a
decline in the Middle East, Africa, Latin America, Western Europe and
Eastern Europe.
Global spirits sector is dominated by Asia-Pacific brands. Jinro is South Korea
based brand and is the leading spirits brand in the global Spirits sector. India
based Officers Choice is the second largest brand globally, followed by Red
Star Er Guo Tou and Niu Lan Shan which are China based brands.