Alcoholic Spirits Market

Alcoholic spirit is most commonly known as Hard liquor or liquor. These distilled spirits are made from grains, fruits, or other sugar sources by the process of fermentation followed by distillation in a heating and cooling process that is meant to concentrate the alcohol. The distillation process involves heating the fermented alcohol and simultaneously capturing the steam that is released, after which the steam is cooled to obtain the distillate with more percentage of alcohol.
Alcoholic Spirits Market contains market size and forecasts of Alcoholic Spirits in global, including the following market information:
Global Alcoholic Spirits Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Alcoholic Spirits Market Sales, 2017-2022, 2023-2028, (Million Liters)
Global top five Alcoholic Spirits companies in 2021 (%)
The global Alcoholic Spirits market was valued at 469290 million in 2021 and is projected to reach US$ 606520 million by 2028, at a CAGR of 3.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Brandy & Cognac Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Alcoholic Spirits include Diageo, Remy Cointreau, Bacardi, Pernod Ricard, Suntory, Brown-Forman, LVMH, Constellation Brands and Edrington, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Alcoholic Spirits manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alcoholic Spirits Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Million Liters)
Global Alcoholic Spirits Market Segment Percentages, by Type, 2021 (%)

• Brandy & Cognac
• Rum
• Tequila
• Chinese Baijiu
• Whiskey
• Liqueurs
• Gin
• Others

Global Alcoholic Spirits Market, by Sales Channel, 2017-2022, 2023-2028 ($ Millions) & (Million Liters)
Global Alcoholic Spirits Market Segment Percentages, by Sales Channel, 2021 (%)

• Supermarket & Specialist Store
• Restaurant
• Online

Global Alcoholic Spirits Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Million Liters)
Global Alcoholic Spirits Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Alcoholic Spirits revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Alcoholic Spirits revenues share in global market, 2021 (%)
• Key companies Alcoholic Spirits sales in global market, 2017-2022 (Estimated), (Million Liters)
• Key companies Alcoholic Spirits sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Diageo
• Remy Cointreau
• Bacardi
• Pernod Ricard
• Suntory
• Brown-Forman
• LVMH
• Constellation Brands
• Edrington
• William Grant & Sons
• Maotai
• Wuliangye