Global Specialty Spirits Market to Grow at a CAGR of 1.05% over 2016-2020
Specialty spirits are region-specific traditional spirits. Baijiu in China, soju in South Korea, sochu in Japan, Cachaa in Brazil, and raki in Turkey are some of the popular specialty spirits. The global specialty spirits market is dominated by APAC. China is the largest market for specialty spirits. Rising disposable incomes, especially in developing nations, coupled with increased expenditure on alcohol has fueled the global specialty spirits market.
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