Cognac Market to Expand with Significant CAGR During 2019 to 2027
The global Cognac Market study presents an all in all compilation of the historical, current and future outlook of the Market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each Cognac Market player in a comprehensive way. Further, the Cognac Market report emphasizes the adoption pattern of the Cognac across various industries.
Fact.MR, in its latest research, reveals that ~ 210,890 thousand bottles of cognac were sold in 2018 and the sales are likely to grow by ~5% YOY in 2019. According to the report, cognac is successfully outgrowing the phase of being an occasional drink and is being savored more often, on account of its artful convergence of subtlety and authenticity. This will continue to lift the market revenues to new heights through 2027, with the top five market players commanding for a significant share of it. This study pinpoints the untapped corners in the global cognac market and finds that the market would grow at a value CAGR of ~ 6.5% during the assessment period.
The Cognac Market report highlights the following players:
- Jas Hennessey & Co. (LVMH)
- Martell and Company S.A.
- Courvoisier S.A.S
- Remy Martin & C SASU
- Otard (Chateau de Cognac)
- Camus Wine & Spirits
- Thomas Hine & Co.
- Remy Cointreau S.A.
- Delamain Cognac
The Cognac Market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.
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Important regions covered in the Cognac Market report include:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
- Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)
- East Asia (China, Japan, South Korea)
- APEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)
Cognac Market Segments Analysis:
By Grade Type,
- VS (Very Special)
- VSOP (Very Superior Old Pale)
- XO (Extra Old)
By Buyers Types,
- Household & Residential Buyers
- Institutional Buyers
- Restaurants & Pubs
On the basis of end use,
- Direct and Institutional Sales
- Modern Trade
- Convenience Stores
- Online Retailers
- Modern Grocery Retail Stores
- Specialty Stores
- Liquor Stores
The Cognac Market report offers a plethora of insights which include:
- Changing consumption pattern among individuals globally.
- Historical and future progress of the global Cognac Market.
- Region-wise and country-wise segmentation of the Cognac Market to understand the revenue, and growth lookout in these areas.
- Accurate Year-on-Year growth of the global Cognac Market.
- Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Cognac Market.
The Cognac Market report answers important questions which include:
- Which regulatory authorities have granted approval to the application of Cognac in xx industry?
- How will the global Cognac Market grow over the forecast period?
- Which end use industry is set to become the leading consumer of Cognac by 2027?
- What manufacturing techniques are involved in the production of the Cognac?
- Which regions are the Cognac Market players targeting to channelize their production portfolio?
The Cognac Market report considers the following years to predict the Market growth:
- Historic Year: 2014 – 2018
- Base Year: 2014
- Estimated Year: 2019
- Forecast Year: 2019 – 2027
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Why Choose Fact.MR?
Fact.MR follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the Market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.