PUBLISHER: TechNavio | PRODUCT CODE: 2172718
PUBLISHER: TechNavio | PRODUCT CODE: 2172718
The global spirits market is forecasted to grow by USD 149114.9 mn during 2025-2030, accelerating at a CAGR of 4.0% during the forecast period. The report on the global spirits market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing premiumization demand across alcoholic beverage categories, increasing on-trade consumption through hospitality and tourism expansion, expanding alcoholic beverage demand from emerging middle-class populations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 3.6% |
| CAGR | 4% |
| Incremental Value | $149114.9 mn |
Technavio's global spirits market is segmented as below:
By Type
By Distribution Channel
By Product Type
Geography
This study identifies the growing adoption of low-alcohol and alcohol-free spirit portfolios as one of the prime reasons driving the global spirits market growth during the next few years. Also, increasing use of AI-enabled consumer analytics in product development and evolving direct-to-consumer and omnichannel engagement strategies will lead to sizable demand in the market.
The report on the global spirits market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global spirits market vendors that include Absolut Vodka, Asahi Group Holdings Ltd., Bacardi and Co. Ltd., Becle S.A.B. de C.V., Brown Forman Corp., Campari Group, Diageo PLC, Heaven Hill Distillery Inc., Hite Jinro Co. Ltd., Kirin Holdings Co. Ltd., Kweichow Moutai Co. Ltd., LVMH Moet Hennessy, Mast Jagermeister SE, Pernod Ricard SA, Remy Cointreau SA, Sazerac Co. Inc., Suntory Beverage and Food Ltd., Thai Beverage Public Co. Ltd., The Edrington Group Ltd., Wuliangye Yibin Co. Ltd.. Also, the global spirits market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.