The global craft beer market size was valued at USD 92.18 billion in 2023 and is projected to grow at a 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 in health-conscious options su... Read More »
December 2024The global spiced rum market size was valued at USD 8.24 billion in 2024 and is projected to grow at a CAGR of 4.4% from 2025 to 2030. The market growth is majorly attributed to shifting consumer preference for premium alcoholic drinks. Factors such as increasing consumption by young urb... Read More »
December 2024The global whiskey market size was valued at USD 84.06 billion in 2024 and is projected to grow at a CAGR of 5.0% from 2025 to 2030. The growth of this market is primarily influenced by aspects such as increased manufacturer focus on product innovation, increasing consumer numbers, and a... Read More »
December 2024The U.S. hangover cure products market size was valued at USD 511.0 million in 2024 and is expected to grow at a CAGR of 14.4% from 2025 to 2030. The rising demand for effective remedies to alleviate alcohol-induced discomfort, along with consumers seeking convenient solutions to counter... Read More »
December 2024The U.S. nicotine pouches market size was estimated at USD 4.09 billion in 2024 and is expected to grow at a CAGR of 29.6% from 2025 to 2030. The growing number of health-conscious consumers and their altered perception of smoking has paved the way for nicotine pouches in the U.S. Accord... Read More »
December 2024The global menthol cigarette market size was valued at USD 97.20 billion in 2024 and is projected to grow at a CAGR of 4.3% from 2025 to 2030. Growth of this market is primarily influenced by factors such as changing customer requirements, inclination towards products offering distinguis... Read More »
December 2024The global craft rum market size was valued at USD 1.35 billion in 2024 and is projected to grow at a CAGR of 5.9% from 2025 to 2030. The growing inclination of millennial consumers towards the authenticity and quality of ingredients used in alcoholic drinks has been the major driving fa... Read More »
November 2024The global nicotine pouches market size was estimated at USD 3.95 billion in 2024 and is expected to grow at a CAGR of 34.4% from 2025 to 2030. The growing interest in nicotine pouches among younger consumers who are trying to quit smoking, coupled with the rising demand for alternative ... Read More »
November 2024The global organic tobacco market size was valued at USD 217.4 million in 2024 and is projected to grow at a CAGR of 8.2% from 2025 to 2030. With a continued rise in the worldwide smoking population, a healthy number of both occasional and heavy tobacco users are considering moving towar... Read More »
November 2024The global tequila market size was estimated at USD 10.53 billion in 2023 and is projected to grow at a CAGR of 9.5% from 2024 to 2030. A significant driver is the increasing demand for premium and artisanal tequila. Consumers are shifting their focus toward quality over quantity, with m... Read More »
November 2024The global ready-to-drink cocktails market size was estimated at USD 3.21 billion in 2024 and is projected to grow at a CAGR of 15.4% from 2025 to 2030. The growing demand for flavored drinks with low alcohol content due to the rising health concerns is anticipated to drive the ready-to-... Read More »
October 2024The 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 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 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 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 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 2024