Global Pisco Market Overview 2023-2028
The global pisco market size reached US$ 715.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1031.4 Million by 2028, exhibiting a growth rate (CAGR) of 6.0% during 2023-2028.
Pisco is a particular sort of brandy that is well-known for its unique grape flavor and clear color. Its versatile taste makes it a great foundation for a variety of drinks. It is mixed with various beverages to get depth and richness from its distinct grape taste. It is often preferred over other types of alcohol or spirits because of its low alcohol concentration. It is produced in accordance with specific regulations to preserve its authenticity and distinctive flavor. It is utilized in cooking to add a unique touch to dishes, such as ceviche and sauces, and infuse them with a subtle grape essence.
Global Pisco Market Trends and Drivers:
At present, the rising incorporation of pisco into cocktail menus for creating innovative and enticing drinks represents one of the key factors impelling the market growth. Additionally, the increasing preference for handcrafted and small-batch spirits like pisco, often produced by smaller, artisanal distilleries, is supporting the market growth. Besides this, the growing number of collaborations between Pisco brands with bars and restaurants to create exclusive cocktails and tasting experiences is positively influencing the market. Moreover, the rising availability of aromatic and non-aromatic piscos is catering to different consumer preferences and cocktail recipes. In addition, the increasing adoption of sustainable and eco-friendly practices by pisco producers in grape cultivation and distillation to reduce their carbon footprint and material wastage is contributing to the market growth. Furthermore, the growing awareness about mindful drinking among the masses to prevent intoxication and liver diseases is catalyzing the demand for spirits with fewer additives and a smoother taste. Apart from this, the rising convenience of online shopping is making it easier for consumers to access pisco and get it delivered to their doorstep. Additionally, the increasing innovations in packaging by Pisco brands, including the introduction of attractive and distinctive bottles that stand out on shelves to attract consumers looking for a premium and visually appealing product.
Global Pisco Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
Barsol Pisco GmbH, Bauza, Caravedo Piscos, Catan Pisco, Compañía de las Cervecerías Unidas S.A., Macchu Pisco LLC, Malpaso, Perola GmbH, Pisquera Tulahuen SpA, The Pisco People, etc.
The report segmented the market on the basis of region, origin, type and sales channel.
Origin Insights:
- Chile
- Peru
Type Insights:
- Pisco Puro
- Mosto Verde
- Others
Sales Channel Insights:
- Supermarket/Hypermarket
- Specialty Stores
- Online Stores
- Others
Regional Insights:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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