Posts

Showing posts with the label Tanzania Spirits Market

Tanzania Spirits Market Size 2022, Industry Trends, Share, Growth, Opportunity and Forecast 2027

Image
  The latest research study “ Tanzania Spirits Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that  Tanzania spirits market size reached a value of US$ 606 Million in 2021 . Looking forward, IMARC Group expects the market to reach a value of  US$ 1,062 Million in 2027 , growing at a  CAGR of around 10% during 2022-2027 . Spirits are alcoholic beverages prepared by distillation of fermented grains, fruits, vegetables, and sugar. Some of the most common varieties of spirits include whiskey, rum, vodka, gin, and brandy. They are stored adequately in sealed barrels to have desired taste and color. The alcohol content of these drinks differs according to their storage period, fermentable material used, and the container they are placed in. However, they have a higher alcohol content than other alcoholic beverages such as beer and wine.  Note:  We are regularly tracking the direct effect of  COVID-19 ...