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Showing 17–32 of 82 results
The market for spirits is set for moderate growth, with projections indicating an increase of USD 179.9 million and a compound annual growth rate (CAGR) nearing 6.4% over the forecast period. Costa Rica’s spirits market is experiencing growth driven by rising tourism and an evolving cocktail culture. Rum remains a key player, but whiskey, vodka,… Read More
The Croatia spirits market is likely to exhibit mild growth, with a projected increase from USD 1,066.9 million in 2023 to USD 1,319.1 million by 2029, corresponding to a CAGR of 3.6% during the 2024 to 2029 timeframe. Croatia’s spirits market is expanding as the country sees rising interest in premium spirits, particularly among younge… Read More
Expected growth in the Czech Republic spirits market is projected at USD 0.5 billion, reflecting a compound annual growth rate (CAGR) of approximately 4.4% during the upcoming 2024 to 2029 period. The Czech Republic’s spirits market remains robust, with beer traditionally dominating the alcohol consumption landscape. However, spirits such as whiskey and vodka are gainin… Read More
Expected to experience modest expansion, the Denmark spirits market size is forecasted to increase from USD 1,500.0 million in 2023 to USD 1,801.5 million by 2029, achieving a CAGR of 3.1% over the evaluation period. In Denmark, the spirits market is bolstered by a growing interest in premium spirits, with whiskey and gin leading the… Read More
The Dominican Republic spirits market is set to increase from USD 870.1 million in 2023 to USD 1,365.5 million by 2029, reflecting a CAGR of 7.8% over the 2024 to 2029 timeframe. The Dominican Republic’s spirits market is dominated by rum, reflecting its strong cultural significance and production heritage. However, whiskey and tequila are gainin… Read More
The Ecuador spirits market is poised for steady growth, with an expected increase of USD 188.4 million, reflecting a compound annual growth rate (CAGR) of approximately 5.4% from 2024 to 2029. Ecuador’s spirits market is marked by the popularity of aguardiente and growing interest in imported options like whiskey and rum. Rising urbanization and dispos… Read More
Forecasted to grow at a moderate pace, the Egypt spirits market size is expected to reach USD 1,663.7 million by 2029, up from USD 1,102.4 million in 2023, resulting in a CAGR of 7.1%. Egypt’s spirits market is constrained by cultural norms but is experiencing a gradual shift as younger, urban consumers seek international brands… Read More
The Estonia spirits market is on track to grow from USD 794.6 million in 2023 to USD 1,089.4 million by 2029, with a projected CAGR of 5.4% across the forecast period. Estonia’s spirits market is growing due to a shift toward premium and craft spirits, particularly vodka and gin. As consumer tastes become more refine… Read More
The forecast period from 2024 to 2029 suggests that the Europe spirits market will see a slight growth trajectory, with an anticipated increase of USD 42.5 billion and a CAGR of around 4.3%. In Europe, the spirits market is being driven by several factors, including a trend toward premiumization and the rising popularity of artisa… Read More
The Finland spirits market is likely to exhibit mild growth, with a projected increase from USD 1,370.1 million in 2023 to USD 1,386.6 million by 2029, corresponding to a CAGR of 0.2% during the 2024 to 2029 timeframe. Finland’s spirits market is driven by a mix of traditional spirits such as vodka and aquavit, alongs… Read More
The France spirits market is expected to see a slight increase of USD 2.0 billion, translating to a compound annual growth rate (CAGR) of about 1.7% from 2024 to 2029. France’s spirits market is rooted in a long tradition of wine production, but demand for distilled spirits such as cognac, brandy, and gin has seen… Read More
Anticipated trends indicate that the Georgia spirits market will achieve incremental growth of USD 107.4 million, translating to a compound annual growth rate (CAGR) of around 6.9% during the forecast period of 2024 to 2029. Georgia’s spirits market is characterized by a deep-rooted tradition of producing wine and spirits such as chacha, a Georgian pomace… Read More
A modest growth trajectory is forecasted for the Germany spirits market, with an expected increase of USD 3.0 billion and a compound annual growth rate (CAGR) of roughly 2.8% from 2024 through 2029. Germany’s spirits market is being shaped by strong demand for traditional drinks like schnapps and beer-based spirits, alongside growing interest in premiu… Read More
The global spirits market is set to increase from USD 750.6 billion in 2023 to USD 1,019.0 billion by 2029, reflecting a CAGR of 5.3% over the 2024 to 2029 timeframe. Globally, the spirits market is being influenced by several key factors, including the premiumization trend, growing demand for craft spirits, and rising interest in… Read More
The Greece spirits market is expected to experience robust growth, with a projected increase of USD 0.9 billion and a compound annual growth rate (CAGR) of approximately 5.1% throughout the forecast period. Greece’s spirits market is heavily influenced by the country’s traditional drinks such as ouzo, tsipouro, and mastiha, but the rising popularity of intern… Read More
The Guatemala spirits market is on track to grow from USD 616.4 million in 2023 to USD 930.2 million by 2029, with a projected CAGR of 7.1% across the forecast period. Guatemala’s spirits market is anchored by its renowned rum production, particularly high-quality aged rums. Urbanization and the rising middle class are fueling demand for… Read More