Global Brandy Market Size & Outlook, 2023-2030
Global brandy market, 2017-2030 (US$M)
Related Markets
Global brandy market highlights
- The global brandy market generated a revenue of USD 22,120.0 million in 2023 and is expected to reach USD 35,160.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, regular accounted for a revenue of USD 16,945.5 million in 2023.
- Flavored is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 22,120.0 million |
| Market revenue in 2030 | USD 35,160.0 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Regular |
| Fastest growing segment | Flavored |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flavored, Regular |
Other key industry trends
- In terms of revenue, the North America accounted for 38.1% of the global brandy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 209.5 million by 2030.
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Brandy Market Scope
Brandy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global brandy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brandy market will help companies and investors design strategic landscapes.
Regular was the largest segment with a revenue share of 76.61% in 2023. Horizon Databook has segmented the Global brandy market based on flavored, regular covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Brandy Product Outlook (Revenue, USD Million, 2017-2030)
- Flavored
- Regular
- Global Brandy Price Outlook (Revenue, USD Million, 2017-2030)
- Economy
- Premium
- Luxury
- Global Brandy Quality Outlook (Revenue, USD Million, 2017-2030)
- Very Special (VS)
- Very Superior Old Pale (VSOP)
- Extra Old (XO)
- Global Brandy Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- On-Trade
- Off-Trade
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Horizon Databook provides a detailed overview of global-level data and insights on the Global brandy market , including forecasts for subscribers. This global databook contains high-level insights into Global brandy market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global brandy market report size, by regions, 2017-2030 (US$M)
Top 10 countries: Brandy market report size, 2023 (US$M)
Global brandy market report share, by product, 2023 & 2030 (%, US$M)
Brandy market: Opportunity assessment by country
Global brandy market, by region, 2023 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,208.4 | 4,653.5 | 5,415.9 | 6,303.3 | 7,336.0 | 6,790.1 | 8,436.6 | 9,019.7 | 9,643.2 | 10,309.8 | 11,022.4 | 11,784.3 | 12,598.9 | 13,469.8 | 6.9% |
| Europe | 1,669.4 | 3,240.2 | 3,777.4 | 4,403.7 | 5,133.8 | 4,759.7 | 5,923.7 | 6,343.6 | 6,793.2 | 7,274.7 | 7,790.3 | 8,342.5 | 8,933.8 | 9,567.0 | 7.1% |
| Asia Pacific | 1,252.0 | 2,884.2 | 3,370.7 | 3,939.2 | 4,603.4 | 4,278.2 | 5,337.6 | 5,729.2 | 6,149.6 | 6,600.8 | 7,085.1 | 7,604.9 | 8,162.9 | 8,761.9 | 7.3% |
| Latin America | 209.7 | 902.6 | 1,033.5 | 1,183.2 | 1,354.2 | 1,232.2 | 1,506.4 | 1,581.0 | 1,659.3 | 1,741.5 | 1,827.8 | 1,918.3 | 2,013.4 | 2,113.1 | 5.0% |
| MEA | 173.8 | 559.5 | 638.7 | 728.9 | 831.6 | 754.2 | 915.8 | 960.5 | 1,006.3 | 1,053.2 | 1,100.9 | 1,149.5 | 1,198.6 | 1,248.2 | 4.5% |
| Overall | 5,513.2 | 12,240.0 | 14,236.3 | 16,558.3 | 19,258.9 | 17,814.5 | 22,120.0 | 23,634.0 | 25,251.6 | 26,979.9 | 28,826.6 | 30,799.6 | 32,907.7 | 35,160.0 | 6.8% |
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