Europe White Spirits Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$13,683.6

Forecast, 2030 (US$M)

$20,943.2

CAGR, 2024 - 2030

6.3%

Report Coverage

Europe

Europe white spirits market, 2018-2030 (US$M)

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Europe white spirits market highlights

The Europe white spirits market generated a revenue of USD 13,683.6 million in 2023.
The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
In terms of segment, vodka was the largest revenue generating type in 2023.
Vodka is the most lucrative type segment registering the fastest growth during the forecast period.

Europe data book summary

Market revenue in 2023	USD 13,683.6 million
Market revenue in 2030	USD 20,943.2 million
Growth rate	6.3% (CAGR from 2023 to 2030)
Largest segment	Vodka
Fastest growing segment	Vodka
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Vodka
Key market players worldwide	Diageo PLC, Bacardi, Pernod Ricard SA, Beam Suntory, Stock Spirits Group, Proximo Spirits, William Grant & Sons, J. Rieger & Co., Rémy Cointreau

Other key industry trends

In terms of revenue, Europe region accounted for 22.3% of the global white spirits market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
North America is the fastest growing regional market and is projected to reach USD 24,421.3 million by 2030.

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White Spirits Market Scope

White spirits market segmentation & scope

Type

Vodka

Rum

Gin

Others

By Distribution Channel

On-Trade

Off-Trade

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Argentina

Brazil

Germany

France

Italy

Norway

Spain

Sweden

U.S.

Canada

Mexico

Kuwait

Saudi Arabia

South Africa

UAE

Australia

China

India

Japan

South Korea

Thailand

White Spirits Market Companies

Name	Profile	# Employees	HQ	Website

Europe white spirits 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 white spirits market will help companies and investors design strategic landscapes.

Vodka was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe white spirits market based on vodka covering the revenue growth of each sub-segment from 2018 to 2030.

Reasons to subscribe to Europe white spirits market databook:

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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe white spirits market databook

Our clientele includes a mix of white spirits market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe white spirits market , including forecasts for subscribers. This continent databook contains high-level insights into Europe white spirits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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