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Algeria Spirits Market 2024
The Algeria spirits market is anticipated to witness significant growth, with an expected uptick of USD 211.5 million, equating to a compound annual growth rate (CAGR) of about 8.8% in the coming years. 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 on track for a substantial increase of USD 1.7 billion, indicating a compound annual growth rate (CAGR) of roughly 6.5% during the forecast period from 2024 to 2029. Argentina’s spirits market is influenced by a strong tradition of wine consumption, but spirits like whiskey and rum are gaining ground, partic… Read More
$325.00 -
Asia Pacific Spirits Market 2024
Forecasts highlight a favorable growth outlook for the Asia Pacific spirits market, with a projected increase of USD 120.6 billion and a compound annual growth rate (CAGR) close to 5.9% through 2029. In Asia Pacific, the spirits market is booming, driven by rapid urbanization, increasing disposable income, and an expanding middle class. China and India… Read More
$1,675.00 -
Australia Spirits Market 2024
Forecasts highlight a favorable growth outlook for the Australia spirits market, with a projected increase of USD 4.5 billion and a compound annual growth rate (CAGR) close to 8.6% through 2029. Australia’s spirits market is being driven by a combination of premiumization and innovation in the craft spirits segment. Australian consumers are increasingly opting for… Read More
$325.00 -
Austria Spirits Market 2024
Projected incremental growth in the Austria spirits market is set at USD 0.4 billion, reflecting a compound annual growth rate (CAGR) of nearly 3.2% over the forecast period from 2024 to 2029. Austria’s spirits market is defined by a blend of traditional and contemporary consumption patterns. Local spirits such as schnapps continue to be popula… Read More
$325.00 -
Azerbaijan Spirits Market 2024
The Azerbaijan spirits market is poised for steady growth, with an expected increase of USD 156.4 million, reflecting a compound annual growth rate (CAGR) of approximately 6.2% from 2024 to 2029. 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 poised for slight advancement, with expectations of rising from USD 1,465.0 million in 2023 to USD 1,518.5 million by 2029, capturing a CAGR of 0.6% during the forecast period. Belgium’s spirits market is driven by a growing appreciation for high-quality local spirits such as Belgian gin and beer-based spirits. The… Read More
$325.00 -
Bolivia Spirits Market 2024
Forecasts highlight a favorable growth outlook for the Bolivia spirits market, with a projected increase of USD 124.6 million and a compound annual growth rate (CAGR) close to 7.7% through 2029. Bolivia’s spirits market is shaped by traditional preferences for chicha and singani, yet demand for whiskey and rum is growing among urban consumers. Rising… Read More
$275.00 -
Bosnia and Herzegovina Spirits Market 2024
The Bosnia and Herzegovina spirits market is on track for incremental growth of USD 42.8 million, corresponding to a compound annual growth rate (CAGR) of nearly 4% throughout the forecast period of 2024 to 2029. Bosnia and Herzegovina’s spirits market is shaped by strong regional preferences for traditional drinks such as rakija and plum brandy… Read More
$275.00 -
Brazil Spirits Market 2024
The Brazil spirits market is anticipated to witness significant growth, with an expected uptick of USD 7.0 billion, equating to a compound annual growth rate (CAGR) of about 7.5% in the coming years. 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
The Bulgaria spirits market is projected to expand from USD 1,601.4 million in 2023 to USD 2,457.7 million by 2029, achieving a compound annual growth rate (CAGR) of 7.4% during the period from 2024 to 2029. Bulgaria’s spirits market is driven by both traditional and modern consumption patterns. Rakia, the traditional fruit brandy, remains a… Read More
$325.00 -
Cameroon Spirits Market 2024
The market for spirits is set for moderate growth, with projections indicating an increase of USD 40.2 million and a compound annual growth rate (CAGR) nearing 5.7% over the forecast period. 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 anticipated to witness significant growth, with an expected uptick of USD 4.5 billion, equating to a compound annual growth rate (CAGR) of about 6.9% in the coming years. 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
The market for spirits is set for moderate growth, with projections indicating an increase of USD 1.4 billion and a compound annual growth rate (CAGR) nearing 9.2% over the forecast period. 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
The China spirits market is expected to see a slight increase of USD 45.2 billion, translating to a compound annual growth rate (CAGR) of about 4% 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 premium and… Read More
$275.00 -
Colombia Spirits Market 2024
The Colombia spirits sector is poised for a dynamic growth phase, anticipating an increase of USD 1.9 billion and a compound annual growth rate (CAGR) of approximately 9.1% from 2024 to 2029. Colombia’s spirits market is shaped by traditional consumption of aguardiente alongside rising demand for whiskey and rum. Urbanization and an expanding middle class… Read More
$275.00