Market Overview:
The global cognac market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Cognac is a premium alcoholic beverage manufactured by blending grapes and double distillation of white wines in the Cognac region of France. It has a delicate, acidic and fruity flavor and is produced using trebbiano, folle blanche and colombard grapes, which are pressed immediately after harvesting using pneumatic presses to ensure low-pressure extraction of high-quality must. Cognac obtains its distinctive dark caramel color resulting from the aging in oak barrels and through added coloring agent. It is a rich source of essential antioxidants and moderate consumption of cognac can aid in asthma management, stress reduction, diabetes prevention and improving cardiovascular and bone health.
The global cognac market is primarily being driven by a substantial increase in the consumption of alcoholic beverages. Furthermore, the rising demand for premium and super-premium cognacs and brandies by consumers, especially millennials, is providing a thrust to the market growth. Bars, luxury hotels and fine-dine restaurants are also experimenting with a variety of alcoholic beverages to offer unique dining experiences to their customers. Additionally, the introduction of cognac in innovative flavors, such as apple, honey, oakwood, sandalwood, orange zest, cinnamon and caramel, is acting as another growth-inducing factor. Product manufacturers are also emphasizing on using natural and organic ingredients that are free from harmful fertilizers, pesticides and inorganic chemicals to cater to the requirements of the health-conscious consumers. Other factors, including the rising preference for premium craft alcohol, along with the proliferating online retail channels, which offer easy product availability with a wide range of options, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cognac market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on grade type and distribution channel.
Breakup by Grade Type:
- VS (Very Special)
- VSOP (Very Special Old Pale)
- XO (Extra Old)
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Liquor Stores
- Online Stores
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Camus Cognac, Courvoisier S.A.S., KELT International, LVMH Moët Hennessy Louis Vuitton, Maison Delamain, Maison Ferrand, Meukow Co, Pernod Ricard, Remy Cointreau and Thomas HINE & Co. (EDV SAS).
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Grade Type, Distribution Channel, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Camus Cognac, Courvoisier S.A.S., KELT International, LVMH Moët Hennessy Louis Vuitton, Maison Delamain, Maison Ferrand, Meukow Co, Pernod Ricard, Remy Cointreau and Thomas HINE & Co. (EDV SAS) |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global cognac market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cognac market?
- What are the key regional markets?
- What is the breakup of the market based on the grade type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cognac market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cognac Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Grade Type
6.1 VS (Very Special)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 VSOP (Very Special Old Pale)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 XO (Extra Old)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Supermarkets and Hypermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Convenience Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Liquor Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Online Stores
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Camus Cognac
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Courvoisier S.A.S.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 KELT International
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 LVMH Moët Hennessy Louis Vuitton
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Maison Delamain
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Maison Ferrand
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Meukow Co
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Pernod Ricard
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Remy Cointreau
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Thomas HINE & Co. (EDV SAS)
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Cognac Market: Major Drivers and Challenges
Figure 2: Global: Cognac Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Cognac Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Cognac Market: Breakup by Grade Type (in %), 2020
Figure 5: Global: Cognac Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Global: Cognac Market: Breakup by Region (in %), 2020
Figure 7: Global: Cognac (VS (Very Special)) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Cognac (VS (Very Special)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Cognac (VSOP (Very Special Old Pale)) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Cognac (VSOP (Very Special Old Pale)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Cognac (XO (Extra Old)) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Cognac (XO (Extra Old)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Cognac (Other Grade Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Cognac (Other Grade Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Cognac (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Cognac (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Cognac (Convenience Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Cognac (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Cognac (Liquor Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Cognac (Liquor Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Cognac (Online Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Cognac (Online Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Cognac (Other Distribution Channels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Cognac (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: North America: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: North America: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: United States: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: United States: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Canada: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Canada: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Asia-Pacific: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Asia-Pacific: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: China: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: China: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Japan: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Japan: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: India: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: India: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: South Korea: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: South Korea: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Australia: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Australia: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Indonesia: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Indonesia: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Others: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Others: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Europe: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Europe: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Germany: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Germany: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: France: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: France: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: United Kingdom: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: United Kingdom: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Italy: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Italy: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Spain: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Spain: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Russia: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Russia: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Others: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Others: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Latin America: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Latin America: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Brazil: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Brazil: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Mexico: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Mexico: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Others: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Others: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Middle East and Africa: Cognac Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Middle East and Africa: Cognac Market: Breakup by Country (in %), 2020
Figure 73: Middle East and Africa: Cognac Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Global: Cognac Industry: SWOT Analysis
Figure 75: Global: Cognac Industry: Value Chain Analysis
Figure 76: Global: Cognac Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Cognac Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Cognac Market Forecast: Breakup by Grade Type (in Million US$), 2021-2026
Table 3: Global: Cognac Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 4: Global: Cognac Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Cognac Market: Competitive Structure
Table 6: Global: Cognac Market: Key Players