Over the last two observations, the revenue, combined is forecast to significantly increase in all segments. Especially notable is the remarkably robust growth observed in the Liqueurs & Other Spirits segment as we approach the end of the forecast period. This value, reaching 144.7 million U.S. dollars, stands out significantly compared to the average changes, which are estimated at 50.1667 million 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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista Market Insights. (June 14, 2024). Revenue in the Spirits market for different segments Canada from 2019 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1441659/revenue-spirits-market-for-different-segments-canada
Statista Market Insights. "Revenue in the Spirits market for different segments Canada from 2019 to 2029 (in million U.S. dollars)." Chart. June 14, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1441659/revenue-spirits-market-for-different-segments-canada
Statista Market Insights. (2024). Revenue in the Spirits market for different segments Canada from 2019 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1441659/revenue-spirits-market-for-different-segments-canada
Statista Market Insights. "Revenue in The Spirits Market for Different Segments Canada from 2019 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 14 Jun 2024, https://www.statista.com/forecasts/1441659/revenue-spirits-market-for-different-segments-canada
Statista Market Insights, Revenue in the Spirits market for different segments Canada from 2019 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1441659/revenue-spirits-market-for-different-segments-canada (last visited November 05, 2024)
Revenue in the Spirits market for different segments Canada from 2019 to 2029 (in million U.S. dollars) [Graph], Statista Market Insights, June 14, 2024. [Online]. Available: https://www.statista.com/forecasts/1441659/revenue-spirits-market-for-different-segments-canada