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United Arab Emirates (UAE) Vodka Market Overview, 2028


The United Arab Emirates (UAE), with its lavish resorts, affluent cities, and exciting nightlife, is a tempting location where the vodka business is thriving. With an examination of its unique trai... もっと見る

 

 

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2023年6月15日 US$1,950
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Summary

The United Arab Emirates (UAE), with its lavish resorts, affluent cities, and exciting nightlife, is a tempting location where the vodka business is thriving. With an examination of its unique traits, market dynamics, and the interaction between cultural influences and consumer preferences, this introduction will fully immerse you in the professional world of the UAE vodka market. The UAE has undergone a spectacular transformation, turning into a major international centre for trade, travel, and entertainment. A cosmopolitan population and a thriving tourism sector have increased demand for luxury spirits, particularly vodka. The market for vodka in the UAE is fuelled by a blend of regional and global influences, and it includes a wide range of brands to suit the sophisticated tastes of both locals and tourists. Despite being a country with a large Muslim population, the UAE boasts a sizable vodka market. The nation is renowned for its multiculturalism and diversified population, which includes a sizable expat population. Vodka is popular because it appeals to a wide spectrum of consumers with a variety of tastes and preferences, which is facilitated by the multicultural environment.

According to the research report "United Arab Emirates Vodka Market Overview, 2028," published by Bonafide Research, The United Arab Emirates Vodka market is expected to grow at above 6.03% CAGR from 2023 to 2028.The UAE's cosmopolitan lifestyle, coupled with its large expatriate community, creates a diverse and multicultural consumer base. This diversity contributes to a vibrant vodka market as consumers bring their preferences, tastes, and cultural influences from various parts of the world. Vodka brands that cater to this multicultural audience can tap into different flavor profiles and brand positioning strategies to appeal to a wide range of consumers. Cultural diversity plays a significant role in shaping the UAE vodka market. As a country that welcomes people from around the world, the market reflects the preferences of a multicultural consumer base. From Emirati locals to expatriates and tourists, a mosaic of tastes and traditions converge, creating a rich tapestry of vodka consumption patterns. In the UAE vodka market, there is a growing demand for artisanal and craft spirits. With an emphasis on traditional production techniques and distinctive flavour characteristics, consumers are looking for vodkas made in small amounts, frequently locally. Craft vodkas that feature premium ingredients, cutting-edge distillation methods, and a sense of authenticity are becoming more popular among discriminating vodka connoisseurs.

the UAE market exhibits a preference for premium, super premium, and ultra-premium vodkas, as consumers value the sophistication, exclusivity, and exceptional quality associated with these offerings. However, the availability of craft and artisanal vodkas as well as standard and value vodkas ensures a diverse range of options to cater to different consumer preferences and budgets in the UAE vodka market. Flavored vodkas have gained popularity in the UAE market, appealing to consumers seeking unique taste experiences and diverse flavor profiles. In the UAE market, choice for on-trade or off-trade channels depends on a variety of elements, including consumer behaviour, the situation, and personal preferences. While on-trade venues offer an immersive experience, opportunities for social engagement, and expertly made cocktails, the off-trade channel offers practicality, a large selection, and the freedom to consume vodka in a variety of contexts. By ensuring that customers have options that suit their preferences and needs, both channels help the vodka market in the UAE expand and become more accessible.

The UAE vodka market boasts an impressive lineup of renowned brands that cater to the discerning tastes of consumers. Some of the prominent vodka brands available in the UAE include Absolut, Belvedere, Grey Goose, Ketel One, Ciroc, Stolichnaya (Stoli), Smirnoff, Skyy, Finlandia, and Crystal Head. These brands offer a wide range of vodka selections, each with its own unique characteristics, flavor profiles, and brand heritage. From the iconic Absolut with its distinct bottle shape to the premium offerings of Belvedere and Grey Goose, vodka enthusiasts in the UAE have access to a plethora of choices to suit their preferences. Whether it's the smoothness of Ketel One, the ultra-premium appeal of Ciroc, or the time-honored tradition of Stolichnaya, vodka lovers in the UAE can indulge in a world of flavors and craftsmanship. Additionally, the well-established Smirnoff, Skyy, Finlandia, and Crystal Head brands offer a mix of classic and innovative options, further diversifying the vodka market in the UAE. With such a rich assortment of brands available, consumers in the UAE can explore and savor the finest offerings in the world of vodka.

Government regulations play a crucial role in shaping the vodka market, ensuring responsible consumption, and maintaining a controlled and regulated environment. Compliance with licensing, labeling, and advertising regulations is essential for businesses operating in this market. Premiumization, the craft movement, flavored vodkas, health-conscious options, and sustainability initiatives are expected to shape consumer preferences. The rise of e-commerce and online retail provides an additional avenue for vodka sales, enabling brands to reach a wider audience and offer convenience to consumers. Events such as the MEA Spirits Festival, Vodka Expo MEA, and the MEA International Beverage Expo bring together distillers, suppliers, distributors, and consumers to explore the latest trends, innovations, and offerings in the vodka industry. These events offer a platform for brands to exhibit their products, engage with potential customers, and gain valuable market insights. The UAE's vodka industry is a model of adaptability, expansion, and innovative potential. Vodka brands can succeed in the future by navigating this dynamic industry with the correct strategy, product offerings, and marketing techniques.

Considered in this report
• Geography: United Arab Emirates
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• United Arab Emirates Vodka Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type
• Plain Vodka
• Flavored Vodka

By Quality
• Standard
• Premium
• Ultra-Premium

By Sales Channel
• On trade
• Off trade

By Age Group
• 18 to 28
• 29 to 38
• 39 to 48
• 48 +

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Vodka Market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.





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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. US Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. US Fruit & Vegetable Juice Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Types
6.3. Market Size and Forecast By Distribution Channel
7. US Fruit & Vegetable Juice Market Segmentations
7.1. US Fruit & Vegetable Juice Market, By Product Types
7.1.1. US Fruit & Vegetable Juice Market Size, By Fruit Juice, 2017-2028
7.1.2. US Fruit & Vegetable Juice Market Size, By Vegetable Juice, 2017-2028
7.1.3. US Fruit & Vegetable Juice Market Size, By Fruit and Vegetable Blend, 2017-2028
7.1.4. US Fruit & Vegetable Juice Market Size, By Nectar, 2017-2028
7.2. US Fruit & Vegetable Juice Market, By Distribution Channel
7.2.1. US Fruit & Vegetable Juice Market Size, By Supermarkets/Hypermarkets, 2017-2028
7.2.2. US Fruit & Vegetable Juice Market Size, By Convenience Stores, 2017-2028
7.2.3. US Fruit & Vegetable Juice Market Size, By Online, 2017-2028
7.2.4. US Fruit & Vegetable Juice Market Size, By Others (Cafes, Clubs, Restaurants, Etc.), 2017-2028
8. US Fruit & Vegetable Juice Market Opportunity Assessment
8.1. By Product Types, 2023 to 2028
8.2. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: US Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product Types
Figure 3: Market Attractiveness Index, By Distribution Channel
Figure 4: Porter's Five Forces of US Fruit & Vegetable Juice Market

List of Table
Table 1 : Influencing Factors for Global Fruit & Vegetable Juice Market, 2022
Table 2: US Fruit & Vegetable Juice Market Size and Forecast By Product Types (2017, 2022 & 2028F)
Table 3: US Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 4: US Fruit & Vegetable Juice Market Size of Fruit Juice (2017 to 2028) in USD Million
Table 5: US Fruit & Vegetable Juice Market Size of Vegetable Juice (2017 to 2028) in USD Million
Table 6: US Fruit & Vegetable Juice Market Size of Fruit and Vegetable Blend (2017 to 2028) in USD Million
Table 7: US Fruit & Vegetable Juice Market Size of Nectar (2017 to 2028) in USD Million
Table 8: US Fruit & Vegetable Juice Market Size of Supermarkets/Hypermarkets (2017 to 2028) in USD Million
Table 9: US Fruit & Vegetable Juice Market Size of Convenience Stores (2017 to 2028) in USD Million
Table 10: US Fruit & Vegetable Juice Market Size of Online (2017 to 2028) in USD Million
Table 11: US Fruit & Vegetable Juice Market Size of Others (Cafes, Clubs, Restaurants, Etc.) (2017 to 2028) in USD Million

 

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