The combined price is forecast to experience significant growth in all segments in 2029. However, it is evident that the growth of all six segments decelerates during the later stages of the forecast period. Specifically, the segment Liqueurs & Other Spirits shows the smallest increase at 2029, with a value of 0.8 U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Spirits market includes alcoholic beverages that have been produced through the distillation of wine, fermented fruits, or grains. Due to the distillation process, the alcohol content of spirits is much higher than that of most wines and beers, typically ranging from 20% to 50% alcohol by volume (ABV).
Structure:
The Spirits market is divided into 8 markets:
The Whisky market encompasses spirits on a grain basis that have been aged in wooden casks for a duration of at least three years.
The Vodka market encompasses spirits based on grain and/or potatoes.
The Rum market encompasses spirits based on sugar cane.
The Gin market encompasses spirits based on juniper berries.
The Brandy market encompasses spirits based on fermented fruit juice.
The Tequila market encompasses spirits made primarily from the blue agave plant (Agave tequilana) in Mexico.
The Soju market encompasses the Korean distilled beverage, Soju, which is traditionally made from rice, barley, or sweet potatoes.
The Liqueurs & Other Spirits market encompasses all other spirits not previously mentioned as well as Ready-to-Drink (RTD) cocktails.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
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Statista Market Insights. (November 6, 2024). Average price per unit (PPU) in the Spirits market for different segments Puerto Rico from 2019 to 2029 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/forecasts/1441621/average-price-per-unit-ppu-spirits-market-for-different-segments-puerto-rico
Statista Market Insights. "Average price per unit (PPU) in the Spirits market for different segments Puerto Rico from 2019 to 2029." Chart. November 6, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/forecasts/1441621/average-price-per-unit-ppu-spirits-market-for-different-segments-puerto-rico
Statista Market Insights. (2024). Average price per unit (PPU) in the Spirits market for different segments Puerto Rico from 2019 to 2029. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/forecasts/1441621/average-price-per-unit-ppu-spirits-market-for-different-segments-puerto-rico
Statista Market Insights. "Average Price per Unit (Ppu) in The Spirits Market for Different Segments Puerto Rico from 2019 to 2029." Statista, Statista Inc., 6 Nov 2024, https://www.statista.com/forecasts/1441621/average-price-per-unit-ppu-spirits-market-for-different-segments-puerto-rico
Statista Market Insights, Average price per unit (PPU) in the Spirits market for different segments Puerto Rico from 2019 to 2029 Statista, https://www.statista.com/forecasts/1441621/average-price-per-unit-ppu-spirits-market-for-different-segments-puerto-rico (last visited November 22, 2024)
Average price per unit (PPU) in the Spirits market for different segments Puerto Rico from 2019 to 2029 [Graph], Statista Market Insights, November 6, 2024. [Online]. Available: https://www.statista.com/forecasts/1441621/average-price-per-unit-ppu-spirits-market-for-different-segments-puerto-rico