Georgia Spirits Market 2024

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Anticipated trends indicate that the Georgia spirits market will achieve incremental growth of USD 107.4 million, translating to a compound annual growth rate (CAGR) of around 6.9% during the forecast period of 2024 to 2029. Georgia’s spirits market is characterized by a deep-rooted tradition of producing wine and spirits such as chacha, a Georgian pomace brandy. However, vodka and whiskey are also becoming increasingly popular, particularly in urban centers. The growing middle class and a rising interest in international spirits are helping to diversify the market, as consumers show a preference for premium products. Additionally, Georgia’s booming tourism industry and its appeal as a wine destination are contributing to increased demand for both local and global spirits. The increased availability of craft spirits and the rise of mixology culture are also influencing consumer behavior in the market.

The report offers a comprehensive evaluation of the Georgia spirits market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the spirits industry.


Market Segmentation


The Georgia spirits market is classified into the following segments:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The segmentation of the Georgia spirits market product type and distribution channel. In terms of product type, the market is segmented into brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.


Competitive Landscape


The market features leading players such as Veda ZAO, UVK Nemiroff, Teliani Valley PLC, Telavi Wine Cellar JSC, Tbilvino JSC, Suntory Holdings Limited, SPI Group, S.V.S. La Martiniquaise, Russian Standard Corporation, Remy Cointreau Group, Pernod Ricard Group, Permalko JSC, Minski Zavod Vinogradnyh Vin ZAO, Mast-Jagermeister SE, Mangaroca International S.A., LVMH Moet Hennessy Louis Vuitton SA (LVMH), Lucas Bols B.V., Ladoga Kholdingovaya Kompanya ZAO, Gomi Spirit & Vodka Factory, GLOBAL SPIRITS AMG-77 LIMITED, Eastern Beverage Company S.A., Dugladze Wine Company LLC, Diageo plc, De Kuyper Royal Distillers BV, David Saradjishvili & Eniseli JSC, Coca-Cola HBC AG, Chateau Mukhrani JSC, Brown-Forman Corporation, Bayadera Group and Badagoni Ltd.

This analysis offers a comprehensive overview of the main players in the spirits market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Georgia spirits market.
Gain in-depth analysis and forecasts for the key segments of the Georgia spirits market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Georgia spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Georgia spirits market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Georgia Spirits Market – Product Type Analysis
Georgia Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– Veda ZAO
– UVK Nemiroff
– Teliani Valley PLC
– Telavi Wine Cellar JSC
– Tbilvino JSC
– Suntory Holdings Limited
– SPI Group
– S.V.S. La Martiniquaise
– Russian Standard Corporation

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Georgia Spirits Market 2019-2029
Chart Georgia Spirits Market, Net Growth, 2019-2029
Chart Georgia Spirits Market, Growth Rates, 2019-2029
Table Georgia Spirits Market by Product Type, 2019-2029
Chart Georgia Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Georgia Spirits Market by Product Type, 2019-2029
Table Georgia Spirits Market by Distribution Channel, 2019-2029
Chart Georgia Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Georgia Spirits Market by Distribution Channel, 2019-2029
Table Georgia Spirits Market Share (%), by Companies, 2019-2023
Chart Georgia Spirits Market, by Companies, 2023
Table Georgia Spirits Market Share (%), by Brands, 2019-2023
Chart Georgia Spirits Market, by Brands, 2023
Table Georgia – Population (Millions) and Forecast
Table Georgia – Consumer Price Index (CPI) and Forecast
Table Georgia – Gross Domestic Product and Forecast
Table Georgia Spirits Market: Spend as a Proportion of GDP (%)
Table Georgia Spirits Market: Consumption per Capita (Population)


Companies Mentioned


Veda ZAO
UVK Nemiroff
Teliani Valley PLC
Telavi Wine Cellar JSC
Tbilvino JSC
Suntory Holdings Limited
SPI Group
S.V.S. La Martiniquaise
Russian Standard Corporation
Remy Cointreau Group
Pernod Ricard Group
Permalko JSC
Minski Zavod Vinogradnyh Vin ZAO
Mast-Jagermeister SE
Mangaroca International S.A.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Lucas Bols B.V.
Ladoga Kholdingovaya Kompanya ZAO
Gomi Spirit & Vodka Factory
GLOBAL SPIRITS AMG-77 LIMITED
Eastern Beverage Company S.A.
Dugladze Wine Company LLC
Diageo plc
De Kuyper Royal Distillers BV
David Saradjishvili & Eniseli JSC
Coca-Cola HBC AG
Chateau Mukhrani JSC
Brown-Forman Corporation
Bayadera Group
Badagoni Ltd.


Product Type

Industry Statistics

Region

Europe

Published Date

2024

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