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Morocco Spirits Market 2024
The latest estimates indicate that the Morocco spirits market is expected to experience modest growth, with an incremental increase of USD 76.5 million. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 3.7% during the forecast period from 2024 to 2029. In Morocco, the spirits market is constrained by… Read More
$325.00 -
Netherlands Spirits Market 2024
The Netherlands spirits market is poised for gradual growth, with an expected incremental increase of USD 0.7 billion, reflecting a compound annual growth rate (CAGR) of nearly 3.6% from 2024 to 2029. The Netherlands is known for its historical production of gin, and Dutch consumers are increasingly gravitating toward premium gin and whiskey brands. A… Read More
$325.00 -
New Zealand Spirits Market 2024
The New Zealand spirits market is poised for moderate growth, projected to increase from USD 1,077.2 million in 2023 to USD 1,443.6 million by 2029, achieving a CAGR of 5% during the forecast period. New Zealand’s spirits market is experiencing robust growth, supported by the increasing popularity of craft spirits and the country’s strong tradit… Read More
$325.00 -
Nigeria Spirits Market 2024
Anticipated trends indicate that the Nigeria spirits market will achieve incremental growth of USD 1.6 billion, translating to a compound annual growth rate (CAGR) of around 9.4% during the forecast period of 2024 to 2029. Nigeria’s spirits market is experiencing rapid growth, driven by an expanding middle class and rising disposable incomes. Whiskey and gin… Read More
$275.00 -
North America Spirits Market 2024
An incremental growth of USD 28.3 billion is forecasted for the North America spirits market, which is likely to experience a CAGR of roughly 3.3% between 2024 and 2029. The North American spirits market is experiencing growth, driven by premiumization and evolving consumer preferences. The shift toward high-end, craft, and artisanal spirits is particularly eviden… Read More
$1,675.00 -
North Macedonia Spirits Market 2024
The North Macedonia spirits market is expected to realize a modest increase of USD 33.8 million, demonstrating a CAGR of about 4.8% during the forecast period from 2024 to 2029. North Macedonia’s spirits market is driven by a blend of traditional consumption and rising demand for premium offerings. Rakija remains a cultural staple, while younge… Read More
$275.00 -
Norway Spirits Market 2024
The Norway spirits market is likely to exhibit mild growth, with a projected increase from USD 1,183.9 million in 2023 to USD 1,381.0 million by 2029, corresponding to a CAGR of 2.6% during the 2024 to 2029 timeframe. In Norway, traditional spirits such as aquavit continue to dominate the market, but growing interest in intern… Read More
$325.00 -
Pakistan Spirits Market 2024
The Pakistan spirits market is projected to grow swiftly, with a USD 203.5 million increase in market size and a compound annual growth rate (CAGR) close to 12.8%, driven by heightened demand and innovation. Pakistan’s spirits market faces challenges due to the country’s strict alcohol regulations, but demand for illicit alcohol remains high, particularly in… Read More
$275.00 -
Peru Spirits Market 2024
The Peru spirits market is expected to experience robust growth, with a projected increase of USD 162.0 million and a compound annual growth rate (CAGR) of approximately 6.2% throughout the forecast period. In Peru, the spirits market is driven by the increasing global popularity of pisco, the country’s traditional brandy. With rising disposable incomes and… Read More
$325.00 -
Philippines Spirits Market 2024
The Philippines 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 7.7% in the coming years. The spirits market in the Philippines is buoyed by a strong cultural affinity for alcohol, particularly rum and whiskey. The growth of… Read More
$275.00 -
Poland Spirits Market 2024
Forecasts highlight a favorable growth outlook for the Poland spirits market, with a projected increase of USD 3.2 billion and a compound annual growth rate (CAGR) close to 7% through 2029. Poland’s spirits market is bolstered by the popularity of vodka, both as a traditional beverage and in premiumized forms. Rising disposable incomes and a… Read More
$325.00 -
Portugal Spirits Market 2024
Anticipated to grow gradually, the Portugal spirits market size is set to rise from USD 1,183.8 million in 2023 to USD 1,348.9 million by 2029, achieving a CAGR of 2.2% throughout the forecast period. Portugal’s spirits market is influenced by the strong tradition of port wine and aguardente, but the growing interest in international spirit… Read More
$325.00 -
Romania Spirits Market 2024
The Romania spirits market is on track to grow from USD 1,628.9 million in 2023 to USD 2,599.3 million by 2029, with a projected CAGR of 8.1% across the forecast period. Romania’s spirits market is underpinned by strong local traditions and a growing appetite for imported brands. Traditional spirits like țuică are widely consumed, but… Read More
$325.00 -
Russia Spirits Market 2024
The Russia spirits market is poised for gradual expansion, anticipated to grow by USD 4.7 billion with a compound annual growth rate (CAGR) of around 4.9% throughout the 2024 to 2029 forecast period. Russia’s spirits market remains dominated by vodka, yet shifting consumer preferences are opening the door for whiskey, brandy, and gin. Urban profes… Read More
$325.00 -
Serbia Spirits Market 2024
The Serbia spirits market is poised for moderate growth, projected to increase from USD 1,094.5 million in 2023 to USD 1,615.1 million by 2029, achieving a CAGR of 6.7% during the forecast period. Serbia’s spirits market is fueled by a strong tradition of consuming rakija alongside a growing interest in international spirits like whiskey and… Read More
$275.00 -
Singapore Spirits Market 2024
The Singapore spirits market is poised for slight advancement, with expectations of rising from USD 1,763.7 million in 2023 to USD 2,206.0 million by 2029, capturing a CAGR of 3.8% during the forecast period. Singapore’s spirits market is fueled by a high-income, cosmopolitan population and a growing affinity for premium products. The city-state’s vibrant nightl… Read More
$325.00