Just Published: "Vodka Market in Nordic Countries 2015-2019"

Technavio's market research analyst predicts the Nordic vodka market to grow at a CAGR of around 4% during the forecast period. The rising demand for premium vodka and the growing cocktail culture are the key drivers for the growth of the market. The region is witnessing a growth in bars exclusively dedicated for cocktails. For instance, 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 expected to deter the growth of the market during the forecast period. For instance, Norway imposes around USD 97 per liter of 100% alcohol as an excise tax. The average tax imposed by most of the European Union countries on per liter of 100% alcohol is around USD 7.

Segmentation by distribution channel and analysis of the Nordic vodka market

On-trade

Off-trade

Full Report Details at
- http://www.fastmr.com/prod/1107458_vodka_nordic_countries.aspx?afid=301

The off-trade segment is the largest 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 market

Flavored vodka

Unflavored vodka

Unflavored vodka dominated the Nordic market during 2014 with a market share of around 82%. However, the report predicts the flavored segment to be the fastest growing segment during the forecast period.

Competitive landscape and key vendors

The vodka market in Nordic countries, except Denmark, is dominated by government monopolized companies.

The leading vendors in the market are -

DANZKA Vodka

Belvedere

Synergy

Christiania Spirits

Global Drinks Finland

Other prominent vendors in the market include 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.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?

What are the key factors driving the Nordic vodka market?

What are the key market trends impacting the growth of the Nordic vodka market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the vendors in the Nordic vodka market?

What are the key outcomes of the five forces analysis of the Nordic vodka market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Global 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

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Global Vodka Market 2015-2019
- Food and Beverage Processing Machine Markets in the Top 5 European Countries to 2019 - Market Size, Development, and Forecasts
- Food and Beverage Processing Machine Markets in the Top 5 Asian Countries to 2019 - Market Size, Development, and Forecasts
- Coil Coatings Market In Nordic Region 2015-2019
- Top 10 Outbound Tourism Markets, Trips and Spending per Country To 2018