Brazil Vodka Market Overview, 2028

Brazil has a diverse range of alcoholic beverages that are popular among its population. Each region of Brazil may have its own local specialties and preferences. Vodka is appreciated for its versatility in Brazil. It is seen as a spirit that can be easily mixed with a variety of ingredients to create a wide range of cocktails. Its neutral flavour profile allows it to blend well with other flavours, making it a popular choice for creative mixologists and cocktail enthusiasts. In Brazil, there is a particular appreciation for vodka flavours that evoke the country's tropical and fruity profile. Flavoured vodkas, such as passion fruit, pineapple, and coconut, are popular choices as they bring a refreshing twist to cocktails and align with the Brazilian preference for vibrant and tropical flavours. The smooth and clean taste of vodka is appealing to many Brazilians. It is often perceived as a spirit that can be enjoyed straight or mixed, offering a pleasant drinking experience. The neutral flavour of vodka also allows it to be easily paired with different mixers and ingredients without overpowering the overall taste of the drink. Caipiroska is a popular cocktail in Brazil made with vodka, lime, sugar, and ice. It is a variation of the traditional Brazilian cocktail called Caipirinha, which is made with cachaça (a distilled spirit made from sugarcane). Caipiroska has gained popularity due to its refreshing taste and versatility, as it can be made with various fruits and flavours. According to the research report "Brazil Vodka Market Overview, 2028," published by Bonafide Research, the Brazil Vodka Market is expected to grow at above a 5.82% CAGR from 2023 to 2028. In Brazil, there is a growing trend towards premium and super-premium vodkas. Consumers are willing to pay a higher price for vodkas that offer superior quality, craftsmanship, and unique flavour profiles. Premium vodkas often emphasise their production methods, use of high-quality ingredients, and smoothness. Craft vodka producers are also emerging in Brazil, offering small-batch, handcrafted vodkas with distinct characteristics and flavour profiles. These artisanal vodkas appeal to consumers who appreciate their attention to detail, unique production methods, and limited availability. A combination of the popularity of flavoured vodkas and the artisanal trend has led to the emergence of flavoured craft vodkas in Brazil. These vodkas are often produced in small batches, infused with natural flavours, and offer a unique and artisanal drinking experience. Brazilian consumers are increasingly interested in vodkas made from locally sourced ingredients. Vodka brands that highlight the use of Brazilian fruits, herbs, or other native ingredients resonate well with consumers who value authenticity and support local producers. Traditional vodka, also known as "neutral" vodka, is a popular choice among consumers in Brazil. This type of vodka is typically colourless, odourless, and flavourless, making it a versatile base for various cocktails and mixed drinks. Dedicated liquor stores or specialised beverage retailers are common sales channels for vodka in Brazil. These stores offer a wide selection of alcoholic beverages, including various vodka brands and flavours. They often have knowledgeable staff who can assist customers in choosing the right vodka. Casa da Bebida, Imigrantes Bebidas, Grand Cru, Bebidas Antunes, and Bebidas Famosas are major liquor stores in Brazil. Large supermarkets and hypermarkets in Brazil typically have dedicated sections for alcoholic beverages, including vodka. These establishments offer a convenient one-stop shopping experience for consumers, allowing them to purchase vodka along with their other groceries. It includes Carrefour, Grupo Po de Açcar, Walmart, Grupo GPA, and Supermercados Mundial. In Brazil, there are several major vodka brands that have a strong presence in the market. Smirnoff, Absolut, Cîroc, Grey Goose, Belvedere, and Skyy Vodka are among them. The Ministry of Agriculture, Livestock, and Supply (MAPA) is responsible for regulating and overseeing the production, importation, and distribution of alcoholic beverages in Brazil, including vodka. Producers in Brazil are required to obtain certification and registration from the appropriate government agencies, such as MAPA and the National Health Surveillance Agency (ANVISA). This ensures that the vodka meets the necessary standards and is safe for consumption. They set standards and requirements for the production process, ingredients, labelling, and quality control of vodka. Vodka bottles sold in Brazil must comply with specific labelling requirements. This includes providing information such as the product name, alcohol content, country of origin, producer's information, and any warnings or instructions for consumption. Brazil has high taxes imposed on alcoholic beverages, including vodka. These taxes can significantly increase the cost of production and distribution, making it challenging for vodka producers to compete in the market and maintain affordable prices for consumers. Brazil has a rich tradition of spirits such as cachaça, which is the most popular distilled alcoholic beverage in the country. Vodka faces competition from local spirits like cachaça and other imported spirits such as whisky, rum, and tequila. This creates a competitive market where vodka must strive to differentiate itself and capture consumer interest. Vodka brands are actively marketing and promoting their products in Brazil to capture the attention of consumers. They are leveraging various channels, including social media, events, and partnerships with influencers, to create brand awareness and engage with their target audience. Effective marketing strategies are expected to contribute to the growth of the vodka market. Brazil is a popular tourist destination, attracting visitors from around the world. The exposure to different cultures and tastes has influenced the preferences of Brazilian consumers. International vodka brands and trends from other countries are making their way into the Brazilian market, adding diversity and expanding the options available to consumers. Considered in this report

• Geography: Brazil • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Brazil Vodka Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Plain Vodka • Flavored Vodka By Quality

• Standard • Premium • Ultra-Premium By Sales Channel • On trade • Off trade By Age Group • 18 to 28 • 29 to 38 • 39 to 48 • 48 + The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Vodka Market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.