Over the forecast period until 2029, the combined volume is forecast to exhibit fluctuations among the six segments. The combined volume is forecast to follow predominantly a negative trend. A closer examination reveals that the values decrease in more segments than they increase. For example, the segment Whisky experiences an exceptionally strong decrease at 2029, with a value of 9.2 million litres.
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). Volume in the Spirits market for different segments India from 2019 to 2029 (in million litres) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/1441658/volume-spirits-market-for-different-segments-india
Statista Market Insights. "Volume in the Spirits market for different segments India from 2019 to 2029 (in million litres)." Chart. November 6, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/1441658/volume-spirits-market-for-different-segments-india
Statista Market Insights. (2024). Volume in the Spirits market for different segments India from 2019 to 2029 (in million litres). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/1441658/volume-spirits-market-for-different-segments-india
Statista Market Insights. "Volume in The Spirits Market for Different Segments India from 2019 to 2029 (in Million Litres)." Statista, Statista Inc., 6 Nov 2024, https://www.statista.com/forecasts/1441658/volume-spirits-market-for-different-segments-india
Statista Market Insights, Volume in the Spirits market for different segments India from 2019 to 2029 (in million litres) Statista, https://www.statista.com/forecasts/1441658/volume-spirits-market-for-different-segments-india (last visited December 22, 2024)
Volume in the Spirits market for different segments India from 2019 to 2029 (in million litres) [Graph], Statista Market Insights, November 6, 2024. [Online]. Available: https://www.statista.com/forecasts/1441658/volume-spirits-market-for-different-segments-india