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PUBLISHER: IMARC | PRODUCT CODE: 1451710

PUBLISHER: IMARC | PRODUCT CODE: 1451710

Absinthe Market Report by Type (Absinthe Blanche, Absinthe Amber, Absinthe Verte, Absinthe Ordinaire, Absinthe Reve Pastis, Absinthe Bohemian, and Others), Application (Food and Beverage, Cosmetic, Medical), and Region 2024-2032

PUBLISHED: March 2, 2024

PAGES: 140 Pages

DELIVERY TIME: 2-3 business days

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The global absinthe market size reached US$ 49.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 63.2 Billion by 2032, exhibiting a growth rate (CAGR) of 2.8% during 2024-2032.

Absinthe is a bitter-tasting, highly aromatic, and yellowish-green spirit distilled from grape alcohol, grains, potatoes, beets, and fresh herbs. It is predominantly flavored by wormwood and other botanicals, such as anise, fennel, hyssop, licorice, and angelica roots. Absinthe is bottled at a very high alcohol concentration, but when served, it is diluted with water and ice and used to flavor mixed drinks. It provides anti-tumor and anti-inflammatory properties and helps boost immunity and fight infections. It assists in diabetes management, stimulating appetite, and preventing blood clots, heart diseases, and cancer. As a result, absinthe finds extensive applications across the food and beverage (F&B), cosmetics, and medical industries.

Absinthe Market Trends:

Significant growth in the F&B industry across the globe is creating a positive outlook for the market. Absinthe is widely used to enhance taste, prevent bacterial growth, and add flavors to sauces, desserts, and confectionery products. In line with this, the increasing consumption of absinthe at hotels, bars, and restaurants as a cocktail drink or in combination with wine, vermouth, gin, grapefruit juice, orange flower water, blackberries, or grenadine is favoring the market growth. Additionally, the rising product demand for garnishing food products, such as red meat, fish, and curries, is acting as another growth-inducing factor. Apart from this, the widespread product utilization in alternative medicine applications due to the presence of wormwood to reduce inflammation, improve digestive health, alleviate pain, remove harmful parasites, minimize osteoarthritis, and treat nausea, stomach cramps, and liver diseases is propelling the market growth. Moreover, the introduction of additional flavors by manufacturers, coupled with the increasing demand for exotic and premium alcoholic products, is providing an impetus to the market growth. Other factors, including rising expenditure capacities of consumers and increasing product demand among artists, painters, musicians, and guitarists, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global absinthe market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:

Absinthe Blanche

Absinthe Amber

Absinthe Verte

Absinthe Ordinaire

Absinthe Reve Pastis

Absinthe Bohemian

Others

Breakup by Application:

Food and Beverage

Cosmetic

Medical

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Butterfly Absinthe, Hill's Liquere North America, Hood River Distillers Inc., Jade Liqueurs(R) LLC, La Clandestine, La Fee Absinthe, Milan METELKA a.s., Pacific Distillery, Pernod Ricard, Philadelphia Distilling and Teichenne S.A. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global absinthe market in 2023?
2. What is the expected growth rate of the global absinthe market during 2024-2032?
3. What are the key factors driving the global absinthe market?
4. What has been the impact of COVID-19 on the global absinthe market?
5. What is the breakup of the global absinthe market based on the type?
6. What is the breakup of the global absinthe market based on the application?
7. What are the key regions in the global absinthe market?
8. Who are the key players/companies in the global absinthe market?

Product Code: SR112024A6578

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Absinthe Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Type

6.1 Absinthe Blanche
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Absinthe Amber
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
6.3 Absinthe Verte
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
6.4 Absinthe Ordinaire
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
6.5 Absinthe Reve Pastis
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
6.6 Absinthe Bohemian
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
6.7 Others
- 6.7.1 Market Trends
- 6.7.2 Market Forecast

7 Market Breakup by Application

7.1 Food and Beverage
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
7.2 Cosmetic
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
7.3 Medical
- 7.3.1 Market Trends
- 7.3.2 Market Forecast

8 Market Breakup by Region

8.1 North America
- 8.1.1 United States
  - 8.1.1.1 Market Trends
  - 8.1.1.2 Market Forecast
- 8.1.2 Canada
  - 8.1.2.1 Market Trends
  - 8.1.2.2 Market Forecast
8.2 Asia-Pacific
- 8.2.1 China
  - 8.2.1.1 Market Trends
  - 8.2.1.2 Market Forecast
- 8.2.2 Japan
  - 8.2.2.1 Market Trends
  - 8.2.2.2 Market Forecast
- 8.2.3 India
  - 8.2.3.1 Market Trends
  - 8.2.3.2 Market Forecast
- 8.2.4 South Korea
  - 8.2.4.1 Market Trends
  - 8.2.4.2 Market Forecast
- 8.2.5 Australia
  - 8.2.5.1 Market Trends
  - 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
  - 8.2.6.1 Market Trends
  - 8.2.6.2 Market Forecast
- 8.2.7 Others
  - 8.2.7.1 Market Trends
  - 8.2.7.2 Market Forecast
8.3 Europe
- 8.3.1 Germany
  - 8.3.1.1 Market Trends
  - 8.3.1.2 Market Forecast
- 8.3.2 France
  - 8.3.2.1 Market Trends
  - 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
  - 8.3.3.1 Market Trends
  - 8.3.3.2 Market Forecast
- 8.3.4 Italy
  - 8.3.4.1 Market Trends
  - 8.3.4.2 Market Forecast
- 8.3.5 Spain
  - 8.3.5.1 Market Trends
  - 8.3.5.2 Market Forecast
- 8.3.6 Russia
  - 8.3.6.1 Market Trends
  - 8.3.6.2 Market Forecast
- 8.3.7 Others
  - 8.3.7.1 Market Trends
  - 8.3.7.2 Market Forecast
8.4 Latin America
- 8.4.1 Brazil
  - 8.4.1.1 Market Trends
  - 8.4.1.2 Market Forecast
- 8.4.2 Mexico
  - 8.4.2.1 Market Trends
  - 8.4.2.2 Market Forecast
- 8.4.3 Others
  - 8.4.3.1 Market Trends
  - 8.4.3.2 Market Forecast
8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast

9 SWOT Analysis

9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
- 13.3.1 Butterfly Absinthe
  - 13.3.1.1 Company Overview
  - 13.3.1.2 Product Portfolio
- 13.3.2 Hill's Liquere North America
  - 13.3.2.1 Company Overview
  - 13.3.2.2 Product Portfolio
- 13.3.3 Hood River Distillers Inc.
  - 13.3.3.1 Company Overview
  - 13.3.3.2 Product Portfolio
- 13.3.4 Jade Liqueurs(R) LLC
  - 13.3.4.1 Company Overview
  - 13.3.4.2 Product Portfolio
- 13.3.5 La Clandestine
  - 13.3.5.1 Company Overview
  - 13.3.5.2 Product Portfolio
- 13.3.6 La Fee Absinthe
  - 13.3.6.1 Company Overview
  - 13.3.6.2 Product Portfolio
- 13.3.7 Milan METELKA a.s.
  - 13.3.7.1 Company Overview
  - 13.3.7.2 Product Portfolio
- 13.3.8 Pacific Distillery
  - 13.3.8.1 Company Overview
  - 13.3.8.2 Product Portfolio
- 13.3.9 Pernod Ricard
  - 13.3.9.1 Company Overview
  - 13.3.9.2 Product Portfolio
- 13.3.10 Philadelphia Distilling
  - 13.3.10.1 Company Overview
  - 13.3.10.2 Product Portfolio
- 13.3.11 Teichenne S.A.
  - 13.3.11.1 Company Overview
  - 13.3.11.2 Product Portfolio

Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report

Product Code: SR112024A6578

List of Figures

Figure 1: Global: Absinthe Market: Major Drivers and Challenges
Figure 2: Global: Absinthe Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Absinthe Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Absinthe Market: Breakup by Type (in %), 2023
Figure 5: Global: Absinthe Market: Breakup by Application (in %), 2023
Figure 6: Global: Absinthe Market: Breakup by Region (in %), 2023
Figure 7: Global: Absinthe (Absinthe Blanche) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Absinthe (Absinthe Blanche) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Absinthe (Absinthe Amber) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Absinthe (Absinthe Amber) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Absinthe (Absinthe Verte) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Absinthe (Absinthe Verte) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Absinthe (Absinthe Ordinaire) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Absinthe (Absinthe Ordinaire) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Absinthe (Absinthe Reve Pastis) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Absinthe (Absinthe Reve Pastis) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Absinthe (Absinthe Bohemian) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Absinthe (Absinthe Bohemian) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Absinthe (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Absinthe (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Absinthe (Food and Beverage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Absinthe (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Absinthe (Cosmetic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Absinthe (Cosmetic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Absinthe (Medical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Absinthe (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: North America: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: North America: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: United States: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: United States: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Canada: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Canada: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Asia-Pacific: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Asia-Pacific: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: China: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: China: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Japan: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Japan: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: India: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: India: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: South Korea: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: South Korea: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Australia: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Australia: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Indonesia: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Indonesia: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Others: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Others: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Europe: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Europe: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Germany: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Germany: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: France: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: France: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: United Kingdom: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: United Kingdom: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Italy: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Italy: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Spain: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Spain: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Russia: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Russia: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Others: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Others: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Latin America: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Latin America: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Brazil: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Brazil: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Mexico: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Mexico: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Middle East and Africa: Absinthe Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Middle East and Africa: Absinthe Market: Breakup by Country (in %), 2023
Figure 75: Middle East and Africa: Absinthe Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Global: Absinthe Industry: SWOT Analysis
Figure 77: Global: Absinthe Industry: Value Chain Analysis
Figure 78: Global: Absinthe Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Absinthe Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Absinthe Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Absinthe Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Absinthe Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Absinthe Market: Competitive Structure
Table 6: Global: Absinthe Market: Key Players