According to the recent activities in various regions in the world, it concluded that consumption of alcoholic products has become an accompaniment for a number of reasons such as celebrations, commiserations, the end of the working day, and others. In many developed regions such as Europe, Canada, the U.S., alcohol is a socially accepted part of their daily life. Younger population of the world is influenced by their peer group or peer thinking, which is a factor driving growth of alcohol-based market. The gender gap in terms of alcohol consumption is closing as there is increasing acceptance of female drinking in the societal norms. Because of all these factors, people are attracted towards alcoholic products, which is driving growth of the pisco market and this is expected to continue over the forecast period.
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