Los Angeles, CA -- (SBWIRE) -- 01/03/2019 -- This study researches the market size of Cognac, presents the global Cognac sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

This report focuses on the key data information of Cognac in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Cognac for each region and countries in each region.

For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

Cognac is a type of brandy which is produced by double distillation of white wines and by aging. It is a high-end product and depending on the time period taken by the brandy for aging, different varieties are available. The cognac market is projected to grow in regions where consumers are exploring more luxury alcoholic beverages. Consumer demand for more delicate, flavored and refined brandy is expected to fuel the growth of the cognac market in the forecast period. As compared to its competitor whiskey, cognac offers a more fruitful flavor, which is a unique driver, fuelling the growth of the cognac market.

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The cognac market is currently experiencing a revival in the world. After declining sales in the past decade, the cognac market is suddenly witnessing growth in some regions of the world. Cognac is popular amongst consumers as a traditional cocktail ingredient. It is also known that unlike other alcoholic beverages, cognac does not promote a headache. These are distinguishing factors of cognac and likely to boost the growth of the cognac market. The VS cognac makes up the highest share in the cognac market. The trend observed with cognac is that nowadays it is consumed with food or as a cocktail mix. The Cognac Summit, an organization which was formed as a result of collaboration between Bureau National Inter professionel du Cognac (BNIC) and international bartenders, is a macroeconomic factor which has contributed to the revival of the cognac market. Many other macroeconomic factors like the ban on drinking and gift-giving have also influenced the ups and downs of the cognac market. Recently, many key players had announced that the consumer demand for cognac has outstripped their production capacities, which is a clear indicator of the growth of cognac market. The U.S. and Chinese markets are the largest contributors to the growth of the cognac market. Growth in personal consumption of alcoholic beverages in regions like China is also expected to boost the growth of the overall cognac market.

In 2018, the global Cognac market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Cognac.

This report includes the following manufacturers; we can also add the other companies as you want.

Pernod Ricard

Jas Hennessy

Novovino Wine

Branded Spirits

Beam Suntory

PIERRE LECAT SAS

Meukow Cognac

Rémy Cointreau

Market Segment by Product Type

XO(Extra Old)

VS(Very Special)

VSPO(Very Superior Pale Old)

Others

Market Segment by Application

Hypermarkets/Supermarkets

Convenience Stores

Discount Stores

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