The global Japanese whisky market size was valued at USD 885.6 million in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2030. The market is driven by increasing awareness regarding aged whisky and a growing taste for unique and imported spirits. The distinct taste profile ... Read More »
October 2024The global dark spirits market size was estimated at USD 64.82 billion in 2024 and is expected to grow at a CAGR of 8.8% from 2025 to 2030. The market has witnessed steady growth driven by evolving consumer preferences and increased demand for premium alcoholic beverages. One of the key ... Read More »
October 2024The global agave spirits market was estimated at USD 13.5 billion in 2023 and is expected to grow at a CAGR of 9.3% from 2024 to 2030. Growing demand for premium and ultra-premium spirits is a key driver for market growth. Consumers increasingly seek high-quality products that emphasize ... Read More »
October 2024The global airport duty-free liquor market size was estimated at USD 7.49 billion in 2024 and is expected to grow at a CAGR of 10.2% from 2025 to 2030. The market's growth can be attributed to the increasing number of airport travelers. Liquor purchases at these locations are exempt from... Read More »
October 2024The global alcoholic drinks market size was estimated at USD 1,762.12 billion in 2024 and is projected to grow at a CAGR of 9.7% from 2025 to 2030. This growth is primarily driven by the increasing consumption of premium beer in developed markets such as the U.S. and the UK. Additionally... Read More »
October 2024The global premium lager market size was valued at USD 184.0 billion in 2024 and is anticipated to grow at a CAGR of 4.5% from 2025 to 2030. Premiumization is a major trend, with consumers increasingly willing to pay more for high-quality products, particularly among millennials. In addi... Read More »
October 2024The global beer market size was valued at USD 839.3 billion in 2024 and is expected to expand at a CAGR of 6.8% from 2025 to 2030. The global market for beer is witnessing a notable shift in consumer preference toward premium and craft beer offerings. Increasing disposable income and a g... Read More »
October 2024The U.S. beer and cider market was valued at USD 123.27 million in 2023 and is expected to grow at a CAGR of 6.7% over the forecast period. Innovation in flavors and product varieties is driving the growth of beer and cider in the U.S. Brewers and cider makers are continuously experimenting with diverse ingredients ... Read More »
September 2024The global craft beer market size was valued at USD 92.18 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2030. The craft beer market is experiencing growth due to increasing demand for unique craft beer flavors, and rising interest ... Read More »
September 2024The global white spirits market size was valued at USD 61.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2030. The global trend towards premium products and the growing popularity of cocktail culture have led to a surge in demand f... Read More »
September 2024The global champagne market size was valued at USD 7.19 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2030. Champagne is associated with special occasions and other celebrations, and the growing trend of marking significant life eve... Read More »
September 2024The global cognac market size was valued at USD 4.48 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2030. This growth is attributed to increasing disposable incomes in developing economies, enabling consumers to spend more on premium... Read More »
September 2024The global clove cigarettes market size was valued at USD 116.0 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030. This growth is driven by increasing consumer demand for flavored tobacco products, including clove cigarettes. In addition, the expansion of distr... Read More »
September 2024The global smokeless tobacco products market size was valued at USD 16.81 billion in 2023 and is projected to grow at a CAGR of 4.8% from 2024 to 2030. This growth is attributed to the increasing consumer awareness of the health risks associated with traditional smoking has led to a shif... Read More »
September 2024The global wine cooler market size was valued at USD 2.8 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030. This growth can be attributed to the equipment’s ability to store wine at optimum temperature and enhance its taste while the aging process continu... Read More »
September 2024The global canned RTD cocktails market size was estimated at USD 2,190.6 million in 2023 and is projected to grow at a CAGR of 15.3% from 2024 to 2030. One of the key drivers of the market growth is the increasing consumer demand for convenience. Canned RTD cocktails offer the luxury of ... Read More »
September 2024The global bottled RTD cocktails market size was valued at USD 605.9 million in 2023 and is expected to grow at a CAGR of 15.8% from 2024 to 2030. Modern consumers lead increasingly busy lives and are seeking products that offer ease of use without compromising on quality. Bottled RTD co... Read More »
September 2024The global port wine market size was valued at USD 970.8 million in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030. The market is driven by increasing awareness of nutritional advantages of port wines, growing demand for premium drinks, and presence of the antioxidant ... Read More »
September 2024The global premium spirits market size was estimated at USD 215.47 billion in 2023 and is expected to grow at a CAGR of 9.7% from 2024 to 2030. The market growth can be attributed to shifting consumer preferences for quality and authenticity in beverage choices. Moreover, the growing mid... Read More »
September 2024The Irish whiskey market size was estimated at USD 3.98 billion in 2023 and is expected to grow at a CAGR of 7.1% from 2024 to 2030. The growth of the market for Irish whiskey is being driven by several key factors. First and foremost, there is a growing consumer demand for healthier and... Read More »
September 2024