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    Germany Spirits Market 2024

    A modest growth trajectory is forecasted for the Germany spirits market, with an expected increase of USD 3.0 billion and a compound annual growth rate (CAGR) of roughly 2.8% from 2024 through 2029. Germany’s spirits market is being shaped by strong demand for traditional drinks like schnapps and beer-based spirits, alongside growing interest in premiu…

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    France Spirits Market 2024

    The France spirits market is expected to see a slight increase of USD 2.0 billion, translating to a compound annual growth rate (CAGR) of about 1.7% from 2024 to 2029. France’s spirits market is rooted in a long tradition of wine production, but demand for distilled spirits such as cognac, brandy, and gin has seen a…

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    Finland Spirits Market 2024

    The Finland spirits market is likely to exhibit mild growth, with a projected increase from USD 1,370.1 million in 2023 to USD 1,386.6 million by 2029, corresponding to a CAGR of 0.2% during the 2024 to 2029 timeframe. Finland’s spirits market is driven by a mix of traditional spirits such as vodka and aquavit, alongs…

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    Denmark Spirits Market 2024

    Expected to experience modest expansion, the Denmark spirits market size is forecasted to increase from USD 1,500.0 million in 2023 to USD 1,801.5 million by 2029, achieving a CAGR of 3.1% over the evaluation period. In Denmark, the spirits market is bolstered by a growing interest in premium spirits, with whiskey and gin leading the wa…

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    Belgium Spirits Market 2024

    The Belgium spirits market is projected to show slight growth, anticipated to rise from USD 1,465.0 million in 2023 to USD 1,518.5 million by 2029, reflecting a compound annual growth rate (CAGR) of 0.6% during the period from 2024 to 2029. Belgium’s spirits market is driven by a growing appreciation for high-quality local spirits such a…

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    Austria Spirits Market 2024

    The outlook for the Austria spirits market indicates a modest growth of USD 0.4 billion, with an expected compound annual growth rate (CAGR) of approximately 3.2% over the next five years. Austria’s spirits market is defined by a blend of traditional and contemporary consumption patterns. Local spirits such as schnapps continue to be popular, but pr…

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    USA Spirits Market 2024

    An incremental growth of USD 24.1 billion is forecasted for the USA spirits market, which is likely to experience a CAGR of roughly 3.3% between 2024 and 2029. The United States has a vast and diverse spirits market, with whiskey, vodka, and rum leading the charge. A booming craft spirits scene and increasing consumer intere…

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    Canada Spirits Market 2024

    The Canada spirits market is on track for a substantial increase of USD 4.5 billion, indicating a compound annual growth rate (CAGR) of roughly 6.9% during the forecast period from 2024 to 2029. Canada’s spirits market is characterized by the rising popularity of whiskey, particularly Canadian whisky, as well as vodka and gin. The countr…

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    United Arab Emirates Spirits Market 2024

    Insights reveal that the United Arab Emirates spirits market is set for a healthy expansion, with an anticipated growth of USD 3.7 billion, corresponding to a compound annual growth rate (CAGR) of nearly 9% from 2024 to 2029. The UAE has a well-established spirits market, fueled by the high demand for luxury and premium alcoho…

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    Tunisia Spirits Market 2024

    The Tunisia spirits market is expected to experience robust growth, with a projected increase of USD 72.0 million and a compound annual growth rate (CAGR) of approximately 9.6% throughout the forecast period. Tunisia’s spirits market remains conservative, influenced by cultural and religious considerations. However, rising disposable incomes and a growing tourism sector are stimulating demand…

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    South Africa Spirits Market 2024

    Projections for the South Africa spirits market suggest a promising growth trajectory, with an anticipated rise of USD 3.2 billion and a compound annual growth rate (CAGR) nearing 7.8% over the next five years. South Africa’s spirits market is growing, with whiskey, brandy, and vodka leading the way. The country’s expanding middle class, rising dispos…

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    Nigeria Spirits Market 2024

    Anticipated trends indicate that the Nigeria spirits market will achieve incremental growth of USD 1.6 billion, translating to a compound annual growth rate (CAGR) of around 9.4% during the forecast period of 2024 to 2029. Nigeria’s spirits market is experiencing rapid growth, driven by an expanding middle class and rising disposable incomes. Whiskey and gin ar…

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