Market Overview:
The global armagnac brandy market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for premium spirits across the globe. Additionally, rising disposable income and changing consumer preferences are also contributing to the growth of this market. Based on type, VS segment is expected to account for a major share of the global armagnac brandy market in 2018. This can be attributed to its affordable price and easy availability across regions. However, XO segment is projected to grow at a higher CAGR during the forecast period owing to its high quality and unique flavor profile as compared with other types of armagnac brandy available in the market. On basis of application, shop and supermarket segment accounted for majority share in 2017 and is projected grow at a moderate rate during forecast period due rising demand from consumers for premium spirits products through retail channels such as supermarkets/hypermarkets or liquor stores etcetera restaurants are anticipated witness highest growth rate over next few years owing growing trend among millennials towards trying new experiences related gastronomy sector . Bars & clubs are also witnessing significant traction globally which in turn fueling demand for Armagnacs within these segments .
Product Definition:
Armagnac is a type of brandy named after the Armagnac region in France. It is made from grapes that are distilled twice, as opposed to the more common practice of distilling wine only once. This results in a smoother, more complex flavor profile. Armagnac is often considered to be superior to other types of brandy and is therefore generally more expensive. It can be enjoyed on its own or used in cocktails.
VS:
VS is the French term for very special or extraordinary. VS Brandy is a type of brandy that has been aged in small barrels (700 L) for at least two years, but no more than six years. The longer the aging time, the higher quality it becomes.
The Armagnac region has been witnessing an increasing demand for VS Brandy over recent years.
VSOP:
VSOP stands for Very Special Old Particular and it is a quality specification used to grade Brandy or Whisky. It is aged more than 7 years in casks of 100L size or above, which are filled from time to time by the distillers with fresh spirits. The product has an aroma similar to brandy that has been aged for more than 7 years and thus it gets its name “Very Special”.
Application Insights:
The global armagnac brandy market is segmented by application into a shop and supermarket, restaurant, bar and club, exclusive store and others. The shop and supermarket held the largest share of over 40% in 2017. Armagnacs are gaining popularity among consumers as an ingredient in cocktails along with other spirits such as vodka or gin. Moreover, it is used to enhance the taste of various carbonated beverages such as soda or beer which further propels its demand at shops and supermarkets.
The restaurant segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to rising number of fine dines that serve armagnac based cocktails along with wine or whiskey for enhancing their flavors.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017. Armagnac is a traditional spirit, which has been popular in North America since the 17th century and it is also used as an ingredient in cocktails and mixed drinks. The U.S.
Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing product consumption especially among millennials and female drinkers from emerging countries including China, India.
Growth Factors:
- Increasing demand for premium spirits: The global premium spirits market is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth is being driven by the increasing demand for high-quality and unique products, especially in developed markets such as the US and Europe. Armagnac brandy is considered a high-quality spirit, and its popularity is growing among discerning consumers looking for unique experiences.
- Growing popularity of cocktails: Cocktails are becoming increasingly popular, with bartenders experimenting with new combinations using different spirits, liqueurs, and mixers. Armagnac brandy makes a great addition to cocktails due to its complex flavor profile and distinctive aroma. It can be used in both classic cocktails such as martinis or Manhattans, or in more innovative concoctions like the Armagnac Old Fashioned or French 75 cocktail recipes featured on many bar menus today.
Scope Of The Report
Report Attributes
Report Details
Report Title
Armagnac Brandy Market Research Report
By Type
VS, VSOP, XO, Others
By Application
Shop and Supermarket, Restaurant, Bar and Club, Exclusive Store, Others
By Companies
Pernod Ricard(Martell), RémyCointreau(Remy Martin), Louis Royer, Bisquit, Suntory(Courvoisier), Maison Ryst Dupeyron, Janneau Grand Armagnac, Queensway Wine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Armagnac Brandy Market Report Segments:
The global Armagnac Brandy market is segmented on the basis of:
Types
VS, VSOP, XO, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shop and Supermarket, Restaurant, Bar and Club, Exclusive Store, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pernod Ricard(Martell)
- RémyCointreau(Remy Martin)
- Louis Royer
- Bisquit
- Suntory(Courvoisier)
- Maison Ryst Dupeyron
- Janneau Grand Armagnac
- Queensway Wine
Highlights of The Armagnac Brandy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- VS
- VSOP
- XO
- Others
- By Application:
- Shop and Supermarket
- Restaurant, Bar and Club
- Exclusive Store
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Armagnac Brandy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Armagnac is a brandy made in the Armagnac region of France. It is made from a blend of different types of grapes, and typically has a higher alcohol content than other brandsies.
Some of the key players operating in the armagnac brandy market are Pernod Ricard(Martell), R©myCointreau(Remy Martin), Louis Royer, Bisquit, Suntory(Courvoisier), Maison Ryst Dupeyron, Janneau Grand Armagnac, Queensway Wine.
The armagnac brandy market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Armagnac Brandy Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Armagnac Brandy Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Armagnac Brandy Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Armagnac Brandy Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Armagnac Brandy Market Size & Forecast, 2020-2028 4.5.1 Armagnac Brandy Market Size and Y-o-Y Growth 4.5.2 Armagnac Brandy Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 VS
5.2.2 VSOP
5.2.3 XO
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Shop and Supermarket
6.2.2 Restaurant
6.2.3 Bar and Club
6.2.4 Exclusive Store
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Armagnac Brandy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Armagnac Brandy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 VS
9.6.2 VSOP
9.6.3 XO
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Shop and Supermarket
9.10.2 Restaurant
9.10.3 Bar and Club
9.10.4 Exclusive Store
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 VS
10.6.2 VSOP
10.6.3 XO
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Shop and Supermarket
10.10.2 Restaurant
10.10.3 Bar and Club
10.10.4 Exclusive Store
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 VS
11.6.2 VSOP
11.6.3 XO
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Shop and Supermarket
11.10.2 Restaurant
11.10.3 Bar and Club
11.10.4 Exclusive Store
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 VS
12.6.2 VSOP
12.6.3 XO
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Shop and Supermarket
12.10.2 Restaurant
12.10.3 Bar and Club
12.10.4 Exclusive Store
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 VS
13.6.2 VSOP
13.6.3 XO
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Shop and Supermarket
13.10.2 Restaurant
13.10.3 Bar and Club
13.10.4 Exclusive Store
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Armagnac Brandy Market: Competitive Dashboard
14.2 Global Armagnac Brandy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pernod Ricard(Martell)
14.3.2 RémyCointreau(Remy Martin)
14.3.3 Louis Royer
14.3.4 Bisquit
14.3.5 Suntory(Courvoisier)
14.3.6 Maison Ryst Dupeyron
14.3.7 Janneau Grand Armagnac
14.3.8 Queensway Wine