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Alcoholic DrinksNorth Macedonia Spirits Market 2024
$275 Add to cartThe outlook for the North Macedonia spirits market indicates a modest growth of USD 33.8 million, with an expected compound annual growth rate (CAGR) of approximately 4.8% over the next five years. North Macedonia’s spirits market is driven by a blend of traditional consumption and rising demand for premium offerings. Rakija remains a cultural staple…
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Lithuania Spirits Market 2024
$275 Add to cartThe Lithuania spirits market is projected to show slight growth, anticipated to rise from USD 852.2 million in 2023 to USD 971.1 million by 2029, reflecting a compound annual growth rate (CAGR) of 2.2% during the period from 2024 to 2029. Lithuania’s spirits market is expanding as consumers show increasing interest in both traditional and pr…
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Latvia Spirits Market 2024
$275 Add to cartThe Latvia spirits market is poised for slight advancement, with expectations of rising from USD 1,110.2 million in 2023 to USD 1,470.9 million by 2029, capturing a CAGR of 4.8% during the forecast period. Latvia’s spirits market is characterized by a strong affinity for local spirits, especially Riga Black Balsam, a traditional herbal liqueur. Howeve…
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Hungary Spirits Market 2024
$325 Add to cartExpected to see substantial growth, the Hungary spirits market is anticipated to move from USD 1,710.8 million in 2023 to USD 2,655.1 million by 2029, corresponding to a CAGR of 7.6%. Hungary’s spirits market is being shaped by both traditional spirits, such as pálinka, and the growing demand for international alcoholic beverages, particularly whiskey and gi…
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Georgia Spirits Market 2024
$275 Add to cartThe Georgia spirits market is expected to experience robust growth, with a projected increase of USD 107.4 million and a compound annual growth rate (CAGR) of approximately 6.9% throughout the forecast period. Georgia’s spirits market is characterized by a deep-rooted tradition of producing wine and spirits such as chacha, a Georgian pomace brandy. However, vodka…
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Estonia Spirits Market 2024
$275 Add to cartForecasted to grow at a moderate pace, the Estonia spirits market size is expected to reach USD 1,089.4 million by 2029, up from USD 794.6 million in 2023, resulting in a CAGR of 5.4%. Estonia’s spirits market is growing due to a shift toward premium and craft spirits, particularly vodka and gin. As consumer tastes…
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Czech Republic Spirits Market 2024
$325 Add to cartThe Czech Republic spirits market is poised for gradual growth, with an expected incremental increase of USD 0.5 billion, reflecting a compound annual growth rate (CAGR) of nearly 4.4% from 2024 to 2029. The Czech Republic’s spirits market remains robust, with beer traditionally dominating the alcohol consumption landscape. However, spirits such as whiskey and vodka…
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Croatia Spirits Market 2024
$275 Add to cartExpected to experience modest expansion, the Croatia spirits market size is forecasted to increase from USD 1,066.9 million in 2023 to USD 1,319.1 million by 2029, achieving a CAGR of 3.6% over the evaluation period. Croatia’s spirits market is expanding as the country sees rising interest in premium spirits, particularly among younger consumers and touris…
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Alcoholic Drinks
Bulgaria Spirits Market 2024
$325 Add to cartThe Bulgaria spirits market is projected to expand from USD 1,601.4 million in 2023 to USD 2,457.7 million by 2029, achieving a compound annual growth rate (CAGR) of 7.4% during the period from 2024 to 2029. Bulgaria’s spirits market is driven by both traditional and modern consumption patterns. Rakia, the traditional fruit brandy, remains a stap…
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Bosnia and Herzegovina Spirits Market 2024
$275 Add to cartThe Bosnia and Herzegovina spirits market is on track for incremental growth of USD 42.8 million, corresponding to a compound annual growth rate (CAGR) of nearly 4% throughout the forecast period of 2024 to 2029. Bosnia and Herzegovina’s spirits market is shaped by strong regional preferences for traditional drinks such as rakija and plum brandy…
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New Zealand Spirits Market 2024
$325 Add to cartExpected to see substantial growth, the New Zealand spirits market is anticipated to move from USD 1,077.2 million in 2023 to USD 1,443.6 million by 2029, corresponding to a CAGR of 5%. New Zealand’s spirits market is experiencing robust growth, supported by the increasing popularity of craft spirits and the country’s strong tradition of produc…
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Australia Spirits Market 2024
$325 Add to cartForecasts highlight a favorable growth outlook for the Australia spirits market, with a projected increase of USD 4.5 billion and a compound annual growth rate (CAGR) close to 8.6% through 2029. Australia’s spirits market is being driven by a combination of premiumization and innovation in the craft spirits segment. Australian consumers are increasingly opting for hi…
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