Industry

Projections for Cachaça sector depicts a decrease of 21.7% in 2020

It is projected that for the cachaça sector in Brazil a drop of 21.7% in total volume, including sales in supermarkets, bars and restaurants, due to the coronavirus. Before the crisis, the sector predicted a 1.5% expansion.  The cachaça has a 7% share of the Brazilian alcoholic beverage market in volume, while beer, ranked first, holds 87%. Cachaça represents more than 72% of the distillate market.

Source: Agencia Brasil

Categories: Industry