Vodka Market size is expected to reach USD 52.39 billion by 2028
Vodka Industry Overview The global vodka market size is expected to reach USD 52.39 billion by 2028, registering a CAGR of 5.5% in the forecast period, according to a new report by Grand View Research, Inc. This can be credited to the rising consumption of fruit-flavored cocktails among developed countries such as the U.S. and UK. The popular trend of raspberry vodka in Europe is further anticipated to boost the market growth over the assessment period. Factors such as growth in the food and beverage industry, increasing social media and internet penetration, and improvement in distribution and retail channels are contributing to the market growth. Vodka Market Report Segmentation Grand View Research has segmented the vodka market on the basis of type, end-use, and distribution channel, and region. Based on the Type Insights, the market is segmented into Flavored and Non-Flavored The flavored segment contributed to the highest share ofof0% i...