Global Spirits Market Growth 2025-2031

The global Spirits market size is predicted to grow from US$ 239820 million in 2025 to US$ 271260 million in 2031; it is expected to grow at a CAGR of 2.1% from 2025 to 2031.

Spirits are alcoholic beverages produced by distillation of a mixture produced from alcoholic fermentation. This process purifies it and removes diluting components like water, for the purpose of increasing its proportion of alcohol content.

Spirits industry has low technology barrier and is labor intensive industry. Currently, there are many producing companies in the world spirits industry. The main market players are Diageo, Pernod Ricard, Brown Forman, Bacardi Limited and LVMH, with about 14% market shares.

LP Information, Inc. (LPI) ' newest research report, the “Spirits Industry Forecast” looks at past sales and reviews total world Spirits sales in 2024, providing a comprehensive analysis by region and market sector of projected Spirits sales for 2025 through 2031. With Spirits sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spirits industry.

This Insight Report provides a comprehensive analysis of the global 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 Spirits portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Spirits market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Spirits.

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

Segmentation by Type:
Brandy
Tequila
Liquor and Spirits(Baijiu)
Rum
Vodka
Whisky
Others

Segmentation by Application:
Household Application
Commercial Application

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 analysing the company's coverage, product portfolio, its market penetration.
Diageo
Pernod Ricard
Brown Forman
Bacardi Limited
LVMH
Beam Suntory
William Grant & Sons
Remy Cointreau
The Edrington Group
Kweichow Moutai Group
Wuliangye
Yanghe Brewery
Daohuaxiang
Luzhou Laojiao
Jose Cuervo
Patrón

Key Questions Addressed in this Report

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

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

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

How do Spirits market opportunities vary by end market size?

How does Spirits break out by Type, by Application?

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