The global combined revenue in the 'Spirits' segment of the alcoholic drinks market was forecast to continuously increase between 2024 and 2029 by in total 89.6 billion U.S. dollars (+16.32 percent). After the ninth consecutive increasing year, the combined revenue is estimated to reach 638.63 billion U.S. dollars and therefore a new peak in 2029.
Find more information concerning Mexico and Poland.
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. (November 6, 2024). Revenue of the spirits market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/forecasts/1139092/global-spirits-market-value
Statista. "Revenue of the spirits market worldwide from 2019 to 2029 (in billion U.S. dollars)." Chart. November 6, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/forecasts/1139092/global-spirits-market-value
Statista. (2024). Revenue of the spirits market worldwide from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/forecasts/1139092/global-spirits-market-value
Statista. "Revenue of The Spirits Market Worldwide from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Nov 2024, https://www.statista.com/forecasts/1139092/global-spirits-market-value
Statista, Revenue of the spirits market worldwide from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1139092/global-spirits-market-value (last visited December 30, 2024)
Revenue of the spirits market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, November 6, 2024. [Online]. Available: https://www.statista.com/forecasts/1139092/global-spirits-market-value