Global Craft Vodka Market 2023-2027

Description

List of Tables

Technavio has been monitoring the craft vodka market and is forecast to grow by $760.09 mn during 2022-2027, accelerating at a CAGR of 6.05% during the forecast period. Our report on the craft vodka market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for flavored vodka, growing demand from millennials, and increased demand for craft drinks.

Technavio's craft vodka market is segmented as below:

By Product

Large craft distiller
Medium craft distiller
Small craft distiller

By Distribution Channel

On-trade channel
Off-trade channel

By Geography

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the impact of social media and blogging sites as one of the prime reasons driving the craft vodka market growth during the next few years. Also, growing online sales and ethnic and indigenous appeal associated with craft vodka will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the craft vodka market covers the following areas:

Craft vodka market sizing
Craft vodka market forecast
Craft vodka market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading craft vodka market vendors that include 44 North Vodka, 619 Spirits North Park, Alcobrew Distilleries India Ltd., Bainbridge Organic Distillers, Beam Suntory Inc., BrewDog Plc, Candella Micro Distillery, Cardinal Spirits, Charbay Distillery, Diageo Plc, Fifth Generation Inc., Hanson Spirits LLC, Pernod Ricard SA, Rogue Ales and Spirits, Sazerac Co. Inc., St. George Spirits, Toms Town Distilling Co, William Grant and Sons Ltd, Woody Creek Distellers, and Long Road Distellers. Also, the craft vodka market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR72447

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global craft vodka market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global craft vodka market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Distribution channel Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Distribution channel Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Large craft distiller - Market size and forecast 2022-2027
Exhibit 34: Chart on Large craft distiller - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Large craft distiller - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Large craft distiller - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Large craft distiller - Year-over-year growth 2022-2027 (%)
6.4 Medium craft distiller - Market size and forecast 2022-2027
Exhibit 38: Chart on Medium craft distiller - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Medium craft distiller - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Medium craft distiller - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Medium craft distiller - Year-over-year growth 2022-2027 (%)
6.5 Small craft distiller - Market size and forecast 2022-2027
Exhibit 42: Chart on Small craft distiller - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Small craft distiller - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Small craft distiller - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Small craft distiller - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 49: Chart on Comparison by Distribution Channel
Exhibit 50: Data Table on Comparison by Distribution Channel
7.3 On-trade channel - Market size and forecast 2022-2027
Exhibit 51: Chart on On-trade channel - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on On-trade channel - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on On-trade channel - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on On-trade channel - Year-over-year growth 2022-2027 (%)
7.4 Off-trade channel - Market size and forecast 2022-2027
Exhibit 55: Chart on Off-trade channel - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Off-trade channel - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Off-trade channel - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Off-trade channel - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 59: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 UK - Market size and forecast 2022-2027
Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 China - Market size and forecast 2022-2027
Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
9.12 Canada - Market size and forecast 2022-2027
Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 44 North Vodka
Exhibit 112: 44 North Vodka - Overview
Exhibit 113: 44 North Vodka - Product / Service
Exhibit 114: 44 North Vodka - Key offerings
12.4 619 Spirits North Park
Exhibit 115: 619 Spirits North Park - Overview
Exhibit 116: 619 Spirits North Park - Product / Service
Exhibit 117: 619 Spirits North Park - Key offerings
12.5 Bainbridge Organic Distillers
Exhibit 118: Bainbridge Organic Distillers - Overview
Exhibit 119: Bainbridge Organic Distillers - Product / Service
Exhibit 120: Bainbridge Organic Distillers - Key offerings
12.6 Beam Suntory Inc.
Exhibit 121: Beam Suntory Inc. - Overview
Exhibit 122: Beam Suntory Inc. - Product / Service
Exhibit 123: Beam Suntory Inc. - Key offerings
12.7 Candella Micro Distillery
Exhibit 124: Candella Micro Distillery - Overview
Exhibit 125: Candella Micro Distillery - Product / Service
Exhibit 126: Candella Micro Distillery - Key offerings
12.8 Cardinal Spirits
Exhibit 127: Cardinal Spirits - Overview
Exhibit 128: Cardinal Spirits - Product / Service
Exhibit 129: Cardinal Spirits - Key offerings
12.9 Charbay Distillery
Exhibit 130: Charbay Distillery - Overview
Exhibit 131: Charbay Distillery - Product / Service
Exhibit 132: Charbay Distillery - Key offerings
12.10 Diageo Plc
Exhibit 133: Diageo Plc - Overview
Exhibit 134: Diageo Plc - Business segments
Exhibit 135: Diageo Plc - Key offerings
Exhibit 136: Diageo Plc - Segment focus
12.11 Fifth Generation Inc.
Exhibit 137: Fifth Generation Inc. - Overview
Exhibit 138: Fifth Generation Inc. - Product / Service
Exhibit 139: Fifth Generation Inc. - Key offerings
12.12 Hanson Spirits LLC
Exhibit 140: Hanson Spirits LLC - Overview
Exhibit 141: Hanson Spirits LLC - Product / Service
Exhibit 142: Hanson Spirits LLC - Key offerings
12.13 Long Road Distellers
Exhibit 143: Long Road Distellers - Overview
Exhibit 144: Long Road Distellers - Product / Service
Exhibit 145: Long Road Distellers - Key offerings
12.14 Sazerac Co. Inc.
Exhibit 146: Sazerac Co. Inc. - Overview
Exhibit 147: Sazerac Co. Inc. - Product / Service
Exhibit 148: Sazerac Co. Inc. - Key offerings
12.15 St. George Spirits
Exhibit 149: St. George Spirits - Overview
Exhibit 150: St. George Spirits - Product / Service
Exhibit 151: St. George Spirits - Key offerings
12.16 William Grant and Sons Ltd
Exhibit 152: William Grant and Sons Ltd - Overview
Exhibit 153: William Grant and Sons Ltd - Product / Service
Exhibit 154: William Grant and Sons Ltd - Key offerings
12.17 Woody Creek Distellers
Exhibit 155: Woody Creek Distellers - Overview
Exhibit 156: Woody Creek Distellers - Product / Service
Exhibit 157: Woody Creek Distellers - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 158: Inclusions checklist
13.3 Currency conversion rates for US$
Exhibit 159: Currency conversion rates for US$
13.4 Research methodology
Exhibit 160: Research methodology
Exhibit 161: Validation techniques employed for market sizing
Exhibit 162: Information sources
13.5 List of abbreviations
Exhibit 163: List of abbreviations