Key Takeaways
- The global spirits market size was valued at USD 582.42 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030.
- U.S. spirits suppliers sold 2.82 billion 9-liter cases in 2023, a 1% increase from 2022.
- The premium spirits segment accounted for 45% of global market revenue in 2023.
- Global per capita spirits consumption 2.3 liters pure alcohol in 2023.
- U.S. adults consumed 2.79 gallons of spirits per capita in 2023.
- Tequila consumption in U.S. up 12% to 46 million cases in 2023.
- U.S. bourbon sales 25 million barrels aged in 2023.
- Global distilleries number over 10,000 active in 2023.
- Scotland single malt scotch production 1.5 million hectoliters in 2023.
- U.S. 25% of Johnnie Walker sales from premium variants in 2023.
- Smirnoff vodka global sales 300 million cases in 2023.
- Jack Daniel's U.S. market share 13% in whiskey 2023.
- 40% of Gen Z prefer sustainable spirits brands in 2023.
- Premiumization trend: 60% value growth vs 20% volume globally.
- RTD cocktails forecasted to reach $1 billion in Europe by 2027.
The global spirits market is large and growing, driven by premiumization and strong demand in categories like tequila.
Brands & Companies
- U.S. 25% of Johnnie Walker sales from premium variants in 2023.
- Smirnoff vodka global sales 300 million cases in 2023.
- Jack Daniel's U.S. market share 13% in whiskey 2023.
- Jose Cuervo tequila world's top seller 100 million cases.
- Hennessy cognac sales €3 billion in 2023.
- Absolut vodka Sweden exports $1 billion revenue.
- Bacardi rum brand value $3.5 billion globally.
- Glenfiddich top single malt sales 2 million cases.
- Baileys liqueur annual sales 80 million bottles.
- Patrón tequila premium sales up 20% to 3 million cases.
- Bombay Sapphire gin U.K. leader with 2.5 million cases.
- Maker's Mark bourbon growth 10% in U.S.
- Grey Goose vodka luxury sales $1.2 billion.
- Chivas Regal blended scotch 12 million cases global.
- Casamigos tequila sales doubled to 4 million cases since acquisition.
- Crown Royal whiskey Canada #1 with 7 million cases.
- Don Julio tequila exports 5 million cases.
- Tanqueray gin global sales 3 million cases.
- Moutai baijiu China sales CNY 100 billion.
- Captain Morgan rum U.S. spiced leader 10 million cases.
- Tullamore D.E.W. Irish whiskey 2.5 million cases.
- Ketel One vodka family-owned sales 3 million cases.
- El Jimador tequila Mexico top seller 15 million liters.
- Dewar's scotch sales 8 million cases blended.
- Cîroc vodka flavored variants 20% growth.
- Jameson Irish whiskey #1 in U.S. imports 4 million cases.
- Malibu rum coconut sales 15 million cases.
Brands & Companies Interpretation
Consumption & Sales
- Global per capita spirits consumption 2.3 liters pure alcohol in 2023.
- U.S. adults consumed 2.79 gallons of spirits per capita in 2023.
- Tequila consumption in U.S. up 12% to 46 million cases in 2023.
- Vodka remains top-selling spirit in U.S. with 37% market share in 2023.
- Ready-to-drink (RTD) cocktails sales surged 28% in U.S. 2023.
- Whiskey sales volumes in U.S. grew 4% to 765 million cases in 2023.
- Global gin consumption 800 million liters in 2023.
- Rum sales in Europe down 2% but premium up 5% in 2023.
- Baijiu consumption in China 1.2 billion liters annually.
- U.S. millennial spirits consumption favors tequila over vodka.
- Global low-alcohol spirits sales up 31% in 2023.
- Scotch whisky consumed 1.3 billion bottles globally in 2023.
- U.S. female consumers drive 42% of premium spirits sales.
- Mexico tequila domestic consumption 50% of production in 2023.
- U.K. gin sales 75 million bottles in 2023.
- Brazil cachaça consumption 800 million liters yearly.
- India IMFL sales volumes up 8% to 450 million cases in 2023.
- Global RTD spirits volumes 3.2 billion units in 2023.
- U.S. Gen Z spirits preference: flavored vodka 25% share.
- Europe aperitif spirits consumption up 6% in 2023.
- Japan shochu sales 500 million liters in 2023.
- U.S. on-premise spirits sales recovered to 35% of total in 2023.
- Global cognac volumes 240 million bottles in 2023.
- Australia whiskey consumption doubled since 2013 to 2023.
- Russia vodka consumption 10 liters per capita annually.
- U.S. Hispanic consumers boost tequila sales 15% in 2023.
- Global absinthe market consumption 2 million liters in 2023.
- U.S. total spirits revenue $43.5 billion in 2023.
- World gin sales value $12 billion in 2023.
Consumption & Sales Interpretation
Market Size & Growth
- The global spirits market size was valued at USD 582.42 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030.
- U.S. spirits suppliers sold 2.82 billion 9-liter cases in 2023, a 1% increase from 2022.
- The premium spirits segment accounted for 45% of global market revenue in 2023.
- Global spirits market revenue reached €240 billion in 2023.
- The Asia Pacific spirits market is expected to grow at a CAGR of 6.8% from 2024-2032.
- U.S. spirits category saw a 4% revenue increase in 2023 despite volume dip.
- Global ready-to-drink (RTD) spirits market valued at $3.6 billion in 2023.
- European spirits market volume declined by 1.5% in 2023 to 7.2 billion liters.
- Tequila category global sales reached 500 million 9L cases in 2023.
- Indian spirits market expected to reach INR 5.5 lakh crore by 2028.
- Global whiskey market size was $74.5 billion in 2023.
- Vodka global market revenue hit $52 billion in 2023.
- Rum market worldwide valued at $15.2 billion in 2023.
- Gin market grew to $18.7 billion globally in 2023.
- Global brandy and cognac market size $12.4 billion in 2023.
- Super-premium spirits segment grew 12% in value globally in 2023.
- U.S. craft spirits market share reached 3.5% of total in 2023.
- China spirits market valued at CNY 600 billion in 2023.
- Brazil spirits market revenue $10.5 billion in 2023.
- Global low/no alcohol spirits market $500 million in 2023.
- Mexico spirits exports hit $4.2 billion in 2023.
- Scotch whisky exports £6.2 billion in 2023.
- World spirits trade value up 4% to $50 billion in 2023.
- U.K. spirits market volume 1.4 billion liters in 2023.
- Australia spirits market CAGR 4.5% projected to 2028.
- Global agave spirits market $11 billion in 2023.
- France spirits production value €10 billion in 2023.
- South Africa spirits market $2.8 billion in 2023.
- Global liqueurs market $42 billion in 2023.
- U.S. imported spirits share 28% of market in 2023.
Market Size & Growth Interpretation
Production & Supply
- U.S. bourbon sales 25 million barrels aged in 2023.
- Global distilleries number over 10,000 active in 2023.
- Scotland single malt scotch production 1.5 million hectoliters in 2023.
- U.S. craft distilleries grew to 2,037 in 2023.
- Mexico agave harvests for tequila 2.2 million tons in 2023.
- India molasses-based spirits production 4 billion liters in 2023.
- France cognac distillations 700,000 hectoliters pure alcohol in 2023.
- Global barley for whiskey production 12 million tons in 2023.
- U.S. rum production capacity 50 million cases annually.
- China baijiu production 7 million tons sorghum equivalent in 2023.
- Ireland whiskey distilleries 30 operational producing 50 million cases.
- Global cane sugar for rum 8 million tons used in 2023.
- Kentucky bourbon distilleries 95 active in 2023.
- Europe grain neutral spirits production 5 billion liters in 2023.
- Brazil cachaça distilleries 5,000 producing 1.5 billion liters.
- U.S. vodka production from grains 80% domestic in 2023.
- Scotch blended whisky production 1.2 billion liters in 2023.
- Global oak barrel aging capacity 2 million barrels for spirits.
- Australia gin distilleries over 500 in 2023.
- Russia vodka distilleries 200 major ones producing 2 billion liters.
- Tequila 100% agave production 450 million liters in 2023.
- Global pot still usage in 40% of premium spirits production.
- U.S. new make spirit production 300 million proof gallons in 2023.
- Caribbean rum distilleries 100+ exporting 200 million liters.
- Japan whisky distilleries 10 major producing 100 million liters.
- Global column still capacity 20 billion liters annually.
- France armagnac production 400,000 hectoliters in 2023.
- U.S. organic spirits production up 15% to 5 million cases.
- World corn for bourbon 200 million bushels in 2023.
- Diageo global production capacity 3 billion liters spirits equivalent.
- Pernod Ricard distilleries 100+ worldwide.
- Bacardi rum production 200 million liters annually.
- Brown-Forman whiskey output 50 million cases capacity.
Production & Supply Interpretation
Trends & Forecasts
- 40% of Gen Z prefer sustainable spirits brands in 2023.
- Premiumization trend: 60% value growth vs 20% volume globally.
- RTD cocktails forecasted to reach $1 billion in Europe by 2027.
- No/low alcohol spirits to grow 15% CAGR to 2028.
- Tequila category expected 8% CAGR globally to 2030.
- Whiskey to dominate spirits with 30% market share by 2030.
- Asia Pacific fastest growing region at 7% CAGR for spirits.
- E-commerce spirits sales up 25% post-pandemic to 2028.
- Flavored spirits to grow 10% annually in U.S.
- Sustainable packaging adopted by 70% major brands by 2025.
- Craft spirits market to double to $12 billion by 2030.
- Gin decline forecasted -2% volume but +5% value.
- Vodka stable at 25% global share to 2030.
- Rum resurgence in premium segment 12% CAGR.
- Direct-to-consumer spirits sales to hit $5 billion U.S. 2027.
- Health-conscious trends boost botanical gins 20% growth.
- Agave spirits beyond tequila to grow 15%.
- AI in flavor development used by 30% distillers by 2025.
- Global spirits market to $800 billion by 2030.
Trends & Forecasts Interpretation
Sources & References
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