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Brandy Market Report 2021-2026 | Industry Growth, Share, Size, Trends and Forecast


Brandy Market Report 2021-2026 | Industry Growth, Share, Size, Trends and Forecast
The global brandy market size reached a value of US$ 21.8 Billion in 2020 and expects the market to exhibit moderate growth during the next five years
BriefingWire.com, 6/14/2021 -
According to the latest report by IMARC Group, titled “ Brandy Market Trends  : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” Brandy refers to a spirit that is primarily made from wine, fruit juices, mashes, etc., with 35%-60% of alcohol content. The beverage is usually aged for 3-20 years in oak barrels along with added caramel coloring and flavors. Brandy s moderate consumption helps in strengthening immunity, enhancing heart health, reducing cancer risks, minimizing cold and cough, etc. It is mostly used as a base spirit in cocktails, and for flavoring soups, flambéing desserts, de-glazing pans, ....

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Winemakers Call on China's Top Legislature to Lower Taxes


Winemakers Call on China’s Top Legislative Body to Lower Taxes
Luan Li
Winemakers Call on China’s Top Legislative Body to Lower Taxes
(Yicai Global) March 8 China’s wine producers have taken a battering in the past year as the Covid-19 pandemic hampers sales and imported wines continue to encroach on their market share. To support the industry, deputies to the National People’s Congress, currently in session at the Two Sessions in Beijing, have asked that taxes be reduced.
Chinese wine producers are under great pressure as they face steep taxes, much higher production costs than other wine producing countries and stiff competition from imported wines as import duties shrink, said Jiang Ming, deputy to the NPC and chairman of Tianming Group. ....

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Worldwide Brandy Industry to 2025 - by Product Type, Price, Distribution Channel and Region


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The global brandy market grew at a CAGR of around 6% during 2014-2019. Brandy is a spirit or distillate made from wine, fruit juices and mashes containing 35-60% alcohol content. It is aged in oak barrels for 3-20 years with additional caramel coloring and flavors. As it contains antibacterial, antioxidant, and polyphenolic compounds, its moderate consumption can provide multiple health benefits, such as increasing immunity, improving heart health, slowing aging, reducing cancer risk, and soothing cold and cough. It is widely consumed as a digestive and base spirit in cocktails and used in culinary arts to flavor soups, de-glaze pans, flambe desserts and dishes, and produce sauces, cakes, puddings and butter. ....

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