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Alcoholic Drinks
United Kingdom Spirits Market 2024
Anticipated growth in the United Kingdom spirits market stands at USD 5.3 billion, with an expected compound annual growth rate (CAGR) of approximately 4.1% during the period spanning 2024 to 2029. The UK’s spirits market is one of the most dynamic in Europe, with whiskey, gin, and vodka being the dominant categories. The rise in pre…
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Alcoholic Drinks
Turkey Spirits Market 2024
Insights reveal that the Turkey spirits market is set for a healthy expansion, with an anticipated growth of USD 3.9 billion, corresponding to a compound annual growth rate (CAGR) of nearly 9.7% from 2024 to 2029. Turkey’s spirits market is dominated by traditional drinks such as raki, but the growing popularity of international spirits like w…
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Alcoholic Drinks
Switzerland Spirits Market 2024
The Switzerland spirits market is expected to experience robust growth, with a projected increase of USD 0.9 billion and a compound annual growth rate (CAGR) of approximately 5.9% throughout the forecast period. Switzerland’s spirits market is characterized by a high demand for premium products, particularly whiskey, gin, and local specialties like kirsch. The Swiss consum…
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Alcoholic Drinks
Sweden Spirits Market 2024
The Sweden spirits market is on track for slight growth, expected to expand from USD 1,754.4 million in 2023 to USD 2,181.7 million by 2029, with a CAGR of 3.7% during the evaluated period. Sweden’s spirits market is defined by a strong preference for vodka, but there is a growing trend toward premium gin and wh…
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Alcoholic Drinks
Spain Spirits Market 2024
Anticipated trends indicate that the Spain spirits market will achieve incremental growth of USD 4.1 billion, translating to a compound annual growth rate (CAGR) of around 5.9% during the forecast period of 2024 to 2029. Spain’s spirits market is expanding, driven by the enduring popularity of traditional beverages like Spanish brandy and sherry, as well a…
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Alcoholic Drinks
Portugal Spirits Market 2024
The Portugal spirits market is likely to exhibit mild growth, with a projected increase from USD 1,183.8 million in 2023 to USD 1,348.9 million by 2029, corresponding to a CAGR of 2.2% during the 2024 to 2029 timeframe. Portugal’s spirits market is influenced by the strong tradition of port wine and aguardente, but the growin…
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Alcoholic Drinks
Norway Spirits Market 2024
Expected to experience modest expansion, the Norway spirits market size is forecasted to increase from USD 1,183.9 million in 2023 to USD 1,381.0 million by 2029, achieving a CAGR of 2.6% over the evaluation period. In Norway, traditional spirits such as aquavit continue to dominate the market, but growing interest in international spirits, particularly whiske…
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Alcoholic Drinks
Netherlands Spirits Market 2024
The forecast period from 2024 to 2029 suggests that the Netherlands spirits market will see a slight growth trajectory, with an anticipated increase of USD 0.7 billion and a CAGR of around 3.6%. The Netherlands is known for its historical production of gin, and Dutch consumers are increasingly gravitating toward premium gin and whiskey brands…
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Alcoholic Drinks
Italy Spirits Market 2024
Incremental growth of USD 2.5 billion is anticipated in the Italy spirits market, which will expand at a CAGR of approximately 3.8% over the forecast period spanning 2024 to 2029. Italy’s spirits market is heavily influenced by the country’s long-standing tradition of wine production, but spirits like grappa, amaro, and vermouth are also gaining promin…
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Alcoholic Drinks
Ireland Spirits Market 2024
The Ireland spirits market is poised for gradual growth, with an expected incremental increase of USD 0.4 billion, reflecting a compound annual growth rate (CAGR) of nearly 3.8% from 2024 to 2029. Ireland’s spirits market is experiencing a renaissance, largely due to the growing international demand for Irish whiskey, a category that continues to thrive…
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Alcoholic Drinks
Greece Spirits Market 2024
The Greece spirits market is on track for a substantial increase of USD 0.9 billion, indicating a compound annual growth rate (CAGR) of roughly 5.1% during the forecast period from 2024 to 2029. Greece’s spirits market is heavily influenced by the country’s traditional drinks such as ouzo, tsipouro, and mastiha, but the rising popularity of int…
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Alcoholic Drinks
Germany Spirits Market 2024
Expected growth in the Germany spirits market is projected at USD 3.0 billion, reflecting a compound annual growth rate (CAGR) of approximately 2.8% during the upcoming 2024 to 2029 period. Germany’s spirits market is being shaped by strong demand for traditional drinks like schnapps and beer-based spirits, alongside growing interest in premium international spirits such a…