Global Specialty Spirits Market Growth 2024-2030

Global Specialty Spirits Market Growth 2024-2030

Specialty spirits are region-specific traditional spirits. Baijiu in China, soju in South Korea, sochu in Japan, Cachaça in Brazil, and raki in Turkey are some of the popular specialty spirits.

The global Specialty Spirits market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Specialty Spirits Industry Forecast” looks at past sales and reviews total world Specialty Spirits sales in 2023, providing a comprehensive analysis by region and market sector of projected Specialty Spirits sales for 2024 through 2030. With Specialty Spirits sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Specialty Spirits industry.

This Insight Report provides a comprehensive analysis of the global Specialty Spirits landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Specialty Spirits portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Specialty Spirits market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Specialty Spirits and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Specialty Spirits.

The APAC region has the biggest market share in the specialty spirits market with China and Thailand as the largest markets. Even with the ban on advertising alcohol, specialty spirits are doing well based on personal recommendations. The introduction of new brands and flavors, which specifically targets the female consumer demographic, is an important growth-promoting factor for this market. Artisan brands are also gaining ground in this region due to their unique flavor.

This report presents a comprehensive overview, market shares, and growth opportunities of Specialty Spirits market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Baijiu
Shochu and Soju
Cachaca
Others

Segmentation by application
Commercial Use
Household
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HiteJinro
IRB Tatuzinho 3 Fazendas
Kirishimashuzo
Kumbokju
Lotte
Luzhou Laojiao
Sanwa Shurui
Takara Shuzo.
Craft Distillers
French Libation
Alcan Smokehouse
TX Spirits Geek
Prohibition Spirits Distillery
Sidetrack Distillery
Riverside Foods
International Wines & Craft Beer

Key Questions Addressed in this Report

What is the 10-year outlook for the global Specialty Spirits market?

What factors are driving Specialty Spirits market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Specialty Spirits market opportunities vary by end market size?

How does Specialty Spirits break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.