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Alcoholic DrinksCosta Rica Spirits Market 2024
$275 Add to cartThe market for spirits is set for moderate growth, with projections indicating an increase of USD 179.9 million and a compound annual growth rate (CAGR) nearing 6.4% over the forecast period. Costa Rica’s spirits market is experiencing growth driven by rising tourism and an evolving cocktail culture. Rum remains a key player, but whiskey, vodka,…
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Colombia Spirits Market 2024
$275 Add to cartThe Colombia spirits market is anticipated to witness significant growth, with an expected uptick of USD 1.9 billion, equating to a compound annual growth rate (CAGR) of about 9.1% in the coming years. Colombia’s spirits market is shaped by traditional consumption of aguardiente alongside rising demand for whiskey and rum. Urbanization and an expanding middle…
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Chile Spirits Market 2024
$275 Add to cartForecasts highlight a favorable growth outlook for the Chile spirits market, with a projected increase of USD 1.4 billion and a compound annual growth rate (CAGR) close to 9.2% through 2029. Chile’s spirits market benefits from a strong cocktail culture and rising demand for premium brands. Pisco remains a national favorite, but whiskey, vodka, and gi…
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Brazil Spirits Market 2024
$325 Add to cartThe Brazil spirits market is on track for a substantial increase of USD 7.0 billion, indicating a compound annual growth rate (CAGR) of roughly 7.5% during the forecast period from 2024 to 2029. Brazil’s spirits market is heavily influenced by the dominance of cachaça, the country’s traditional sugarcane spirit. However, rising affluence and exposure to glo…
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Bolivia Spirits Market 2024
$275 Add to cartInsights reveal that the Bolivia spirits market is set for a healthy expansion, with an anticipated growth of USD 124.6 million, corresponding to a compound annual growth rate (CAGR) of nearly 7.7% from 2024 to 2029. Bolivia’s spirits market is shaped by traditional preferences for chicha and singani, yet demand for whiskey and rum is gro…
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Argentina Spirits Market 2024
$325 Add to cartThe Argentina spirits market is expected to experience robust growth, with a projected increase of USD 1.7 billion and a compound annual growth rate (CAGR) of approximately 6.5% throughout the forecast period. Argentina’s spirits market is influenced by a strong tradition of wine consumption, but spirits like whiskey and rum are gaining ground, particularly among…
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Ukraine Spirits Market 2024
$275 Add to cartProjections for the Ukraine spirits market suggest a promising growth trajectory, with an anticipated rise of USD 1.8 billion and a compound annual growth rate (CAGR) nearing 9% over the next five years. Ukraine’s spirits market is driven by vodka’s traditional dominance, but there is growing interest in whiskey, brandy, and gin among urban consum…
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Slovenia Spirits Market 2024
$275 Add to cartThe Slovenia spirits market is expected to see a slight increase of USD 74.4 million, translating to a compound annual growth rate (CAGR) of about 2.9% from 2024 to 2029. In Slovenia, the spirits market benefits from a combination of traditional and premium consumption patterns. Local brandies remain popular, but demand for whiskey, gin, and ru…
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Slovakia Spirits Market 2024
$325 Add to cartThe Slovakia spirits market is projected to expand from USD 1,261.4 million in 2023 to USD 2,174.4 million by 2029, achieving a compound annual growth rate (CAGR) of 9.5% during the period from 2024 to 2029. Slovakia’s spirits market is evolving as traditional beverages like borovička coexist with growing demand for premium whiskey, gin, and vo…
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Serbia Spirits Market 2024
$275 Add to cartThe Serbia spirits market is poised for moderate growth, projected to increase from USD 1,094.5 million in 2023 to USD 1,615.1 million by 2029, achieving a CAGR of 6.7% during the forecast period. Serbia’s spirits market is fueled by a strong tradition of consuming rakija alongside a growing interest in international spirits like whiskey and ru…
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Russia Spirits Market 2024
$325 Add to cartThe Russia spirits market is poised for gradual expansion, anticipated to grow by USD 4.7 billion with a compound annual growth rate (CAGR) of around 4.9% throughout the 2024 to 2029 forecast period. Russia’s spirits market remains dominated by vodka, yet shifting consumer preferences are opening the door for whiskey, brandy, and gin. Urban profes…
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Romania Spirits Market 2024
$325 Add to cartThe Romania spirits market is on track to grow from USD 1,628.9 million in 2023 to USD 2,599.3 million by 2029, with a projected CAGR of 8.1% across the forecast period. Romania’s spirits market is underpinned by strong local traditions and a growing appetite for imported brands. Traditional spirits like țuică are widely consumed, but yo…
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