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Algeria Spirits Market 2024
The Algeria spirits market is on track for a substantial increase of USD 211.5 million, indicating a compound annual growth rate (CAGR) of roughly 8.8% during the forecast period from 2024 to 2029. Algeria’s spirits market remains relatively conservative due to cultural and religious factors, but alcohol consumption is gradually increasing, particularly in urban center… Read More
$275.00 -
Argentina Spirits Market 2024
The Argentina spirits market is expected to experience robust growth, with a projected increase of USD 1.7 billion and a compound annual growth rate (CAGR) of approximately 6.5% throughout the forecast period. Argentina’s spirits market is influenced by a strong tradition of wine consumption, but spirits like whiskey and rum are gaining ground, particularly among… Read More
$325.00 -
Asia Pacific Spirits Market 2024
Insights reveal that the Asia Pacific spirits market is set for a healthy expansion, with an anticipated growth of USD 120.6 billion, corresponding to a compound annual growth rate (CAGR) of nearly 5.9% from 2024 to 2029. In Asia Pacific, the spirits market is booming, driven by rapid urbanization, increasing disposable income, and an expand… Read More
$1,675.00 -
Australia Spirits Market 2024
Insights reveal that the Australia spirits market is set for a healthy expansion, with an anticipated growth of USD 4.5 billion, corresponding to a compound annual growth rate (CAGR) of nearly 8.6% from 2024 to 2029. Australia’s spirits market is being driven by a combination of premiumization and innovation in the craft spirits segment. Austra… Read More
$325.00 -
Austria Spirits Market 2024
The outlook for the Austria spirits market indicates a modest growth of USD 0.4 billion, with an expected compound annual growth rate (CAGR) of approximately 3.2% over the next five years. Austria’s spirits market is defined by a blend of traditional and contemporary consumption patterns. Local spirits such as schnapps continue to be popular, but… Read More
$325.00 -
Azerbaijan Spirits Market 2024
The market for spirits is set for moderate growth, with projections indicating an increase of USD 156.4 million and a compound annual growth rate (CAGR) nearing 6.2% over the forecast period. Azerbaijan’s spirits market is expanding due to growing consumer interest in Western alcoholic beverages, especially vodka and whiskey, as disposable incomes rise in urban… Read More
$275.00 -
Belgium Spirits Market 2024
The Belgium spirits market is projected to show slight growth, anticipated to rise from USD 1,465.0 million in 2023 to USD 1,518.5 million by 2029, reflecting a compound annual growth rate (CAGR) of 0.6% during the period from 2024 to 2029. Belgium’s spirits market is driven by a growing appreciation for high-quality local spirits such… Read More
$325.00 -
Bolivia Spirits Market 2024
Insights reveal that the Bolivia spirits market is set for a healthy expansion, with an anticipated growth of USD 124.6 million, corresponding to a compound annual growth rate (CAGR) of nearly 7.7% from 2024 to 2029. Bolivia’s spirits market is shaped by traditional preferences for chicha and singani, yet demand for whiskey and rum is… Read More
$275.00 -
Bosnia and Herzegovina Spirits Market 2024
The Bosnia and Herzegovina spirits market is expected to see a slight increase of USD 42.8 million, translating to a compound annual growth rate (CAGR) of about 4% from 2024 to 2029. Bosnia and Herzegovina’s spirits market is shaped by strong regional preferences for traditional drinks such as rakija and plum brandy, which continue to… Read More
$275.00 -
Brazil Spirits Market 2024
The Brazil spirits market is on track for a substantial increase of USD 7.0 billion, indicating a compound annual growth rate (CAGR) of roughly 7.5% during the forecast period from 2024 to 2029. Brazil’s spirits market is heavily influenced by the dominance of cachaça, the country’s traditional sugarcane spirit. However, rising affluence and exposure to… Read More
$325.00 -
Bulgaria Spirits Market 2024
Anticipated to grow steadily, the Bulgaria spirits market is expected to rise from USD 1,601.4 million in 2023 to USD 2,457.7 million by 2029, with a CAGR of 7.4% throughout the forecast period. Bulgaria’s spirits market is driven by both traditional and modern consumption patterns. Rakia, the traditional fruit brandy, remains a staple in Bulgar… Read More
$325.00 -
Cameroon Spirits Market 2024
Forecasts highlight a favorable growth outlook for the Cameroon spirits market, with a projected increase of USD 40.2 million and a compound annual growth rate (CAGR) close to 5.7% through 2029. Cameroon’s spirits market is primarily driven by locally produced beverages such as palm wine and whisky, with whiskey being the dominant alcoholic choice. Rising… Read More
$275.00 -
Canada Spirits Market 2024
The Canada spirits market is on track for a substantial increase of USD 4.5 billion, indicating a compound annual growth rate (CAGR) of roughly 6.9% during the forecast period from 2024 to 2029. Canada’s spirits market is characterized by the rising popularity of whiskey, particularly Canadian whisky, as well as vodka and gin. The countr… Read More
$325.00 -
Chile Spirits Market 2024
Forecasts highlight a favorable growth outlook for the Chile spirits market, with a projected increase of USD 1.4 billion and a compound annual growth rate (CAGR) close to 9.2% through 2029. Chile’s spirits market benefits from a strong cocktail culture and rising demand for premium brands. Pisco remains a national favorite, but whiskey, vodka, and… Read More
$275.00 -
China Spirits Market 2024
Projected incremental growth in the China spirits market is set at USD 45.2 billion, reflecting a compound annual growth rate (CAGR) of nearly 4% over the forecast period from 2024 to 2029. China’s spirits market is being driven by the rise of a younger, more affluent middle class that is increasingly willing to experiment with… Read More
$275.00 -
Colombia Spirits Market 2024
The Colombia spirits market is anticipated to witness significant growth, with an expected uptick of USD 1.9 billion, equating to a compound annual growth rate (CAGR) of about 9.1% in the coming years. Colombia’s spirits market is shaped by traditional consumption of aguardiente alongside rising demand for whiskey and rum. Urbanization and an expanding middle… Read More
$275.00