Market Research Report
Spirits Global Industry Almanac 2015-2024
|Spirits Global Industry Almanac 2015-2024|
Published: December 30, 2020
Content info: 532 Pages
Delivery time: 1-2 business days
Global Spirits industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whiskey. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2019 exchange rates.
The global spirits market had total revenues of $797.6bn in 2019, representing a compound annual growth rate (CAGR) of 4.2% between 2015 and 2019.
Market consumption volume increased with a CAGR of 2.8% between 2015 and 2019, to reach a total of 40,005.2 million liters in 2019.
Increasing disposable income and rapid urbanization are the primary factors supporting the growth of this market.