Global Ouzo Market

Global Ouzo Market was valued US$ XX Mn in 2019 and is expected to grow US$ XX Mn by 2027, at a CAGR of XX% during the forecast period.

Global Ouzo Market

The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Global Ouzo Market: Overview

An alcoholic drink ouzo is a dry anise-flavored strong drink which is indigenous to Greece, Cyprus, and Lebanon. Ouzo is prepared by using the by-products of grapes after they have been used for the preparation of wine. The taste of ouzo is related to other anise liquors, for example, pastis and sambuca. Ouzo is distilled from the fragments of grapes pressed for winemaking. It is then tested with spices, like cinnamon, cardamom, clove, fennel, mastic, anise, mint, and coriander. Ouzo has 40% alcohol and has a black liquorice taste, normally because of the anise.

Ouzo also has some health benefits if used up in reasonable proportions. It can be used as an antiseptic as well to cure headaches & flu. Ouzo is more popular in summers and served with food as it supports to improve the appetite. Greeks use ouzo in various dishes for adding anise flavor, which contains seafood marinades, cookies, etc.

Global Ouzo Market: Dynamics

The demand from Hotels, restaurants, and institutional catering companies and an increasing number of individuals consuming alcoholic drinks across the world are the key growth factors of the global ouzo market.

Hotels, restaurants, and institutional catering companies are all key sectors in the Germany foodservice industry, with restaurants serving as the primary buyers of ouzo and a major goal of food distributors and dealers. To meet the demand of dynamic purchaser groups, ouzo of a varied choice of qualities and costs are imported.

Also, moving lifestyles, the impact of social media & the Internet, and increasing social get-togethers & celebrations are among the factors expected to increase the sales of alcohol across the globe. Youths with high social network influence and higher family incomes have easier access to alcoholic drinks and are likely to consume more alcohol. These factors are anticipated to increase the revenue generated by the ouzo market globally. Similarly, growth in tourism in Greece and Cyprus offers vast market opportunities for the key manufacturers in the market.

On the other hand, the low shelf-life presence of ouzo across the world, apart from Greece and Cyprus, is expected to obstruct the growth of the ouzo market in the future. Low product penetration and regulations on the ads of alcoholic drinks are also expected to hamper the growth of the ouzo market.

Global Ouzo Market: Segmentation Analysis

By combined product type, ingredients are simply combined. These ouzos have a very sharp aroma and a strong biting taste. Cooked & combined type ouzo contains cooked ingredients before bottling. Distilled & cooked and distilled types are the projecting segments and are expected to increase the revenue of the ouzo market in the estimated period.

Global Ouzo Market: Regional Analysis

Europe expected to hold the largest market share of the ouzo market by 2027, in terms of consumption. Greece and Cyprus dominate the global market, in terms of consumption and are expected to maintain the trend over the estimated period.

North America’s ouzo market is expected to account with the highest CAGR over the forecast period (2019-2027), thanks to increasing demand for a variety of alcoholic drinks among millennials. Also, Asia Pacific ouzo market is expected to increase with a comparatively lower CAGR over the estimated period.

The objective of the report is to present a comprehensive analysis of the Global Ouzo Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Ouzo Market dynamics, structure by analyzing the market segments and project the Global Ouzo Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Ouzo Market make the report investor’s guide.

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Scope of the Global Ouzo Market

Global Ouzo Market, By Product Type

• Combined
• Cooked and Combined
• Distilled
• Cooked and Distilled
Global Ouzo Market, By Sales Channel

• Business to Business
o Hotels, Restaurants and Cafes
o Institutional Sales
• Business to Consumer
o Modern Trade
o Bars/Pubs
o Specialty Stores
o Online Retail
o Other Retailing Formats
Global Ouzo Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Ouzo Market

• Ouzo Barbayanni
• Ouzo of Plomari Isidoros Arvanitis
• Thomopoulos Distillery
• Gruppo Campari
• Pitsiladi Distillates
• Pernod Ricard
• Barbayannis Aphrodite Ouzo
• Pilavas
• Metaxa Ouzo
• Boutari Ouzo
• Ouzo Giannatsi
• Others

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