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Vodka Market in Nordic Countries 2015-2019

Vodka Sector: Forecast until 2019 in Nordic Countries

  • December 2015
  • 67 pages
  • ID: 3517852
In this report:
Consumption of vodka in the market was estimated to be about ##.## million liters and is expected to reach ##.## million liters by 2019, growing at a CAGR of ##.##%.
The consumption of vodka in the vodka market in Sweden is estimated to be about ##.## million liters in 2014 and is expected to reach ##.## million liters by 2019, growing at a CAGR of ##.##%.

Summary

Table of Contents

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Market overview of the Nordic vodka sector

Research company's market research analyst forecasts the Nordic vodka market to increase at a compound annual Growth rate of around 4% during the projection horizon. The growing demand for premium vodka and the increasing cocktail culture are the top drivers for the market increase. The territory is attesting a growth in bars exclusively dedicated for cocktails. For example, 1105 and Curfew are bars that are exclusively dedicated for cocktails in Copenhagen, Denmark.

The high taxation imposed on alcoholic drinks in the Nordic region is anticipated to deter the increase of the market during the estimate period. For example, Norway imposes around USD 97 per liter of 100.0 percent alcohol as an excise tax. The average tax imposed by most of the European Union countries on per liter of 100.0 percent alcohol is around USD 7.

Segmentation by distribution channel and analysis of the Nordic vodka sector

On-trade

Off-trade

The off-trade segment is the biggest distribution channel in the Nordic region and consists of government-monopolized liquor stores, grocery stores, and gas stations.

Product segmentation and analysis of the Nordic vodka sector

Flavored vodka

Unflavored vodka

Unflavored vodka controled the Nordic sector during 2014 with a market share of around 82%. However, the analysis anticipates the flavored segment to be the quickest increasing segment during the outlook period.

What is the current competitive panorama? Who are the main vendors?

The vodka sector in Nordic countries, except Denmark, is leaded by, is monopolized by government monopolized firms.

Overall Drinks Finland

Other main sellers in the market contain Arcus, Brown-Forman, Cape North, Constellation Brands, Heavy Water, K V Spirits, Marie Brizard Wine & Spirits Scandinavia, Purity Vodka AB, Saturnus AB, Spirits of Gold AB, V&S Group, and William Grant & Sons.

What are the main questions answered?

What will the market value and the increase rate be in 2019?

What are the most significant drivers yielding the Nordic vodka sector?

What are the main projections/trends in this sector/market? impacting the growth of the Nordic vodka sector?

Which market growth drivers or obstacles can be identified?

Who are the major actors in this maket environment??

What are the opportunities in this industry and segment risks faced by the sellers in the Nordic vodka sector?

What are the main outcomes of the Porter 5 forces analysis of the Nordic vodka sector?

Market research company also provides customization on reports established on particular client requirement.

What are the associated reports?

Overall Vodka Market 2015-2019

Alcoholic Beverage Market in the US 2014-2018

Beer Market in Germany- Market Research 2015-2019

Beer Market in Europe 2015-2019

Overall Rum Market 2015-2019

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Related Market Segments :

Vodka

Alcoholic Drink

ref:plp2015

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