Alcoholic Drinks - Portugal | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Alcoholic Drinks market amounts to US$2.1bn in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$5.4bn in 2024.
Revenue, combined amounts to US$7.5bn in 2024.
The revenue, at home is expected to grow annually by 0.35% (CAGR 2024-2029).
In global comparison, most revenue, at home is generated China (US$208bn in 2024).
In relation to total population figures, the average revenue per capita, at home of US$202.40 are generated in 2024.
In the Alcoholic Drinks market, volume, at home is expected to amount to 382.0m L by 2024.
Volume, out-of-home is expected to amount to 630.6m L in 2024.
Volume, combined is expected to amount to 1.0bn L in 2024.
The Alcoholic Drinks market is expected to show a volume growth, at home of -4.3% in 2025.0.
The average volume per person, at home in the Alcoholic Drinks market is expected to amount to 37.36L in 2024.

Definition:

The Alcoholic Drinks market includes all alcoholic beverages that are produced by fermentation or distillation.

Structure:

The Alcoholic Drinks market is divided into 5 markets:

The Beer market encompasses fermented beverages based on malt. The Beer market is further divided into the markets Alcoholic Beer and Non-Alcoholic Beer.
The Spirits market encompasses alcoholic beverages that are produced through the distillation of wine, fermented fruits, or grains. It contains the Whisky, Vodka, Rum, Gin, Brandy, Soju, Tequila, and Liqueurs & Other Spirits markets.
The Wine market encompasses all fermented juices made from grapes. The Wine market is further divided into Still Wine (Red Wine, White Wine, and Rosé Wine), Sparkling Wine, and Fortified Wine.
The Cider, Perry & Rice Wine market encompass all wines made from fruits other than grapes, grains, or other plants.
The Hard Seltzer market encompasses alcoholic beverages made with carbonated water, alcohol, and often fruit flavoring.

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.

At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.

Key players include Anheuser-Busch InBev (e.g., Corona, Bud Light, and Michelob), Diageo (e.g., Johnnie Walker, Guinness, and Tanqueray), Heineken, and Molson Coors.

Alcoholic & Non-Alcoholic Beer
Wine
Spirits
Cider, Perry and Rice Wines
Hard Seltzer

Non-Alcoholic Beverages derived from Wine or Spirits

The Alcoholic Drinks market in Portugal has been experiencing steady growth in recent years, driven by changing customer preferences and local special circumstances.

Customer preferences: Portuguese consumers have shown a growing preference for premium and craft alcoholic drinks, particularly in the beer and spirits categories. This can be attributed to a shift towards more sophisticated and high-quality products, as well as an increasing interest in supporting local producers. Additionally, there has been a rise in health-consciousness among consumers, leading to a growing demand for low-alcohol and alcohol-free alternatives.

Trends in the market: One of the notable trends in the Portuguese Alcoholic Drinks market is the increasing popularity of craft beer. This can be attributed to the rising consumer interest in unique and flavorful beers, as well as the growing number of microbreweries in the country. Craft beer has become a symbol of quality and innovation, appealing to a niche market of beer enthusiasts. Another trend in the market is the growing demand for premium spirits, such as gin and whiskey. Portuguese consumers are becoming more knowledgeable about different types of spirits and are willing to pay a premium for high-quality products. This trend can be attributed to the influence of international travel and exposure to different drinking cultures.

Local special circumstances: Portugal has a rich tradition of wine production, and this continues to be a significant driver of the Alcoholic Drinks market. Portuguese wines, particularly Port and Vinho Verde, are highly regarded both domestically and internationally. The country's favorable climate and diverse terroirs contribute to the production of unique and high-quality wines, attracting wine enthusiasts from around the world. Additionally, Portugal has a strong cultural tradition of socializing and enjoying alcoholic drinks, particularly during festivals and celebrations. This cultural aspect contributes to the overall demand for alcoholic beverages in the country.

Underlying macroeconomic factors: The Portuguese economy has been recovering from the financial crisis in recent years, leading to increased consumer spending power. This has positively impacted the Alcoholic Drinks market, as consumers are more willing to spend on premium and higher-priced products. Furthermore, the growth of the tourism industry in Portugal has also had a significant impact on the Alcoholic Drinks market. The country has become a popular tourist destination, attracting visitors from all over the world. This has created opportunities for the local alcoholic drinks industry, as tourists often seek to try and purchase local products during their stay. In conclusion, the Alcoholic Drinks market in Portugal is experiencing growth due to changing customer preferences, such as a preference for premium and craft products, as well as the country's rich wine tradition and cultural aspects. The recovering economy and the growth of the tourism industry are also contributing factors to the market's development.

Data coverage:
The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:
Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on alcoholic beverages, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

The alcoholic beverage market is recovering after several years of downturn. Larger forces like the COVID-19 pandemic, the Russian invasion of Ukraine and the ensuing inflation have either been resolved or accepted as part of the current market environment. Regional conditions vary as consumers in some areas of the world are changing their alcohol preferences while other regions are continuing to feel the effects of less discretionary spending from consumers.