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Absinthe Market

Wines & Liquors

Updated on Mar 19, 2019

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Recent Developments

UK craft distiller Pocketful of Stones has lined up the release of an absinthe. Morveren Absinthe, which is 66% abv, is set to launch in the UK from mid June. The Cornwall-based company said the product is made from "local Cornish ingredients and and named after the legend of the mermaid Morveren". Absinthe has a pale green colour, enhanced by the unique use of Cornish seaweed for both the colour and for a background umami flavour.

Pocketful of Stones was founded by Shaun Bebington and Paul Motley. The company also produces Caspyn Gin. 

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Market Segmentations

Market Data Forecast published a report named The Global Absinthe Market. 
Report is segmented by

Food and beverage industry
Cosmetic industry
medical industry

Absinthe blanche
Absinthe amber
Absinthe verte
Absinthe ordinaire
Absinthe reve pastis
Absinthe bohemian
Absinthe liqueur
Premium absinthe
Based on the application, in food and beverage industry, absinthe is used in food recipes such as oysters Rockefellers, sorbet, Michelin etc. to enhance the flavour and taste of food. In cosmetic industry, absinthe is used for its anti-inflammatory, anti-microbial and insect repellent properties for cleansing purposes. In medical industry as a medicine for cough, also it is used as intoxicating agent. Under type, Absinthe balance have green color with mild taste and is little sweet for consumption. Absinthe amber is named over its amber color obtained from herbs from which it is prepared. Absinthe verte have bitter taste and contains 70% alcohol. Absinthe bohemian is made without aniseed and is popular in European countries. In absinthe liqueur, aniseed ingredient is replaced with lemon or other fruit extract to obtain fruit flavour in absinthe.

Geographical Segmentation:

Based on geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The Absinthe Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in coming years.

Key market players in the market are -

La Fée Absinthe
Doubs Mystique
Duplais Verte
Pacific Distillery
Alandia GmbH & Co. KG
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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Contact Info:  
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
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Hyderabad, Telangana 500033, India.
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