Global Vodka Market Size & Outlook, 2022-2030
Global vodka market, 2018-2030 (US$B)
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Global vodka market highlights
- The global vodka market generated a revenue of USD 35.9 billion in 2022 and is expected to reach USD 57.9 billion by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.2% by 2030.
- In terms of segment, non-flavored accounted for a revenue of USD 21.9 billion in 2022.
- Non-Flavored is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Australia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 35.9 billion |
| Market revenue in 2030 | USD 57.9 billion |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Non-flavored |
| Fastest growing segment | Non-Flavored |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Non-Flavored, Flavored |
Other key industry trends
- In terms of revenue, the North America accounted for 25.5% of the global vodka market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 0.4 billion by 2030.
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Vodka Market Scope
Vodka Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vodka 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 vodka market will help companies and investors design strategic landscapes.
Non-flavored was the largest segment with a revenue share of 61% in 2022. Horizon Databook has segmented the Global vodka market based on non-flavored, flavored covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vodka Type Outlook (Revenue, USD Billion, 2018-2030)
- Non-Flavored
- Flavored
- Global Vodka Distribution Outlook (Revenue, USD Billion, 2018-2030)
- On-trade
- Off-trade
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Target buyers of Global vodka market databook
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Our clientele includes a mix of vodka market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global vodka market , including forecasts for subscribers. This global databook contains high-level insights into Global vodka market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global vodka market size, by region, 2018-2030 (US$B)
Top 10 countries: Vodka market size, 2022 (US$B)
Global vodka market share, by type, 2022 & 2030 (%, US$B)
Vodka market: Opportunity assessment by country
Global vodka market, by region, 2022 (US$B)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 5.2 | 5.4 | 5.6 | 5.8 | 6.0 | 6.3 | 6.6 | 7.0 | 7.4 | 7.8 | 8.4 | 9.0 | 9.7 | 6.1% |
| Europe | 6.9 | 7.1 | 7.3 | 7.6 | 8.0 | 8.4 | 8.8 | 9.2 | 9.8 | 10.4 | 11.2 | 12.0 | 13.0 | 6.2% |
| North America | 7.8 | 8.1 | 8.4 | 8.7 | 9.1 | 9.6 | 10.1 | 10.7 | 11.3 | 12.1 | 13.0 | 14.0 | 15.1 | 6.5% |
| MEA | 2.2 | 2.3 | 2.4 | 2.4 | 2.5 | 2.6 | 2.7 | 2.9 | 3.0 | 3.2 | 3.4 | 3.6 | 3.9 | 5.5% |
| Asia Pacific | 8.9 | 9.2 | 9.5 | 9.8 | 10.2 | 10.7 | 11.2 | 11.7 | 12.4 | 13.2 | 14.0 | 15.1 | 16.2 | 5.9% |
| Overall | 31.1 | 32.0 | 33.1 | 34.4 | 35.9 | 37.5 | 39.4 | 41.4 | 43.9 | 46.7 | 49.9 | 53.6 | 57.9 | 6.2% |
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