The combined revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the combined revenue achieves the maximum value across all six different segments by the end of the comparison period. Notably, the segment Whisky stands out with the highest value of 2.4 billion 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). Revenue in the Spirits market for different segments Australia & Oceania from 2019 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/1441666/revenue-spirits-market-for-different-segments-australia-oceania
Statista Market Insights. "Revenue in the Spirits market for different segments Australia & Oceania from 2019 to 2029 (in million U.S. dollars)." Chart. November 6, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/1441666/revenue-spirits-market-for-different-segments-australia-oceania
Statista Market Insights. (2024). Revenue in the Spirits market for different segments Australia & Oceania from 2019 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/1441666/revenue-spirits-market-for-different-segments-australia-oceania
Statista Market Insights. "Revenue in The Spirits Market for Different Segments Australia & Oceania from 2019 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Nov 2024, https://www.statista.com/forecasts/1441666/revenue-spirits-market-for-different-segments-australia-oceania
Statista Market Insights, Revenue in the Spirits market for different segments Australia & Oceania from 2019 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1441666/revenue-spirits-market-for-different-segments-australia-oceania (last visited December 22, 2024)
Revenue in the Spirits market for different segments Australia & Oceania from 2019 to 2029 (in million U.S. dollars) [Graph], Statista Market Insights, November 6, 2024. [Online]. Available: https://www.statista.com/forecasts/1441666/revenue-spirits-market-for-different-segments-australia-oceania