Research and Markets (http://www.researchandmarkets.com/research/6pkv5s/vodka_market_in) has announced the addition of the "Vodka Market in Europe 2015-2019" report to their offering.

The report predicts the Vodka market in Europe to grow at a CAGR of around 0.87%, in terms of revenue, 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, some of the favorite vodka-based cocktails are Screwdriver, Bloody Mary, and Sex on the Beach.

The high taxation imposed on alcoholic drinks in the region is expected to deter the growth of the vodka market during the forecast period. For instance, during 2014, the European Commission increased the excise tax on hard liquor by around 23%, resulting in the price of a half-liter bottle of vodka to rise to around USD 5.25.

Eastern Europe accounted for nearly 89% of the vodka market share during 2014. Unflavored vodka is the most popular category in this region. Russia, Poland, and Ukraine were the market leaders in this region, but, they are expected to witness a decline in the market growth during the forecast period. The rising illegal trading of alcohol and the rising accidents due to alcohol consumption is deterring the market growth in this region.

Companies Mentioned:

  • Alcohol Siberian Group
  • Belvedere
  • Diageo
  • Roust
  • SPI Group
  • Stock Spirits
  • Synergy
  • Bacardi
  • Brown-Forman
  • IceBerg Vodka
  • Soyuz Victan
  • William Grant & Sons
  • ZYR Vodka.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by category

PART 07: Geographical segmentation

PART 08: Key leading countries

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/6pkv5s/vodka_market_in