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 as Belgian gin and beer-based spirits. The rise in premiumization, particularly among younger, urban consumers, is pushing demand for artisanal and craft spirits. Additionally, Belgium’s expanding cocktail culture, especially in cities like Brussels and Antwerp, is fueling growth in the gin, vodka, and whiskey segments, as consumers experiment with new flavors and drink experiences.
The report provides a comprehensive analysis of the Belgium spirits industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, category and distribution channel. The insights gained from this evaluation help reveal the growth potential within the spirits sector.
Market Segmentation
The segmentation of the Belgium spirits market is outlined below:
Product type: brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, others
Category: craft, non-craft
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, bars and HoReCa, e-commerce, others
The Belgium market for spirits is divided based on product type, category and distribution channel. By product type, it includes brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, and others. Category categories include craft, and non-craft. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
Within the competitive landscape, significant companies profiled in the report include William Grant & Sons Ltd., Suntory Holdings Limited, S.V.S. La Martiniquaise, Remy Cointreau Group, Pernod Ricard Group, Mast-Jagermeister SE, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Lucas Bols B.V., Illva Saronno S.p.A., Filliers Graanstokerij N.V., Elephant Gin Ltd., Domaine Mandarine Napoleon, Diageo plc, Davide Campari-Milano S.p.A., Brown-Forman Corporation, Bacardi Limited and Alliance global Group Inc.
This report presents an extensive analysis of major entities in the spirits market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Belgium spirits market.
Gain in-depth analysis and forecasts for the key segments of the Belgium spirits market: product type, category and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Belgium spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Belgium spirits market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Belgium Spirits Market – Product Type Analysis
Belgium Spirits Market – Category Analysis
Belgium Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– Suntory Holdings Limited
– S.V.S. La Martiniquaise
– Remy Cointreau Group
– Pernod Ricard Group
– Mast-Jagermeister SE
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– Lucas Bols B.V.
– Illva Saronno S.p.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Belgium Spirits Market 2019-2029
Chart Belgium Spirits Market, Net Growth, 2019-2029
Chart Belgium Spirits Market, Growth Rates, 2019-2029
Table Belgium Spirits Market by Product Type, 2019-2029
Chart Belgium Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Belgium Spirits Market by Product Type, 2019-2029
Table Belgium Spirits Market by Category, 2019-2029
Chart Belgium Spirits Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Belgium Spirits Market by Category, 2019-2029
Table Belgium Spirits Market by Distribution Channel, 2019-2029
Chart Belgium Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Belgium Spirits Market by Distribution Channel, 2019-2029
Table Belgium Spirits Market Share (%), by Companies, 2019-2023
Chart Belgium Spirits Market, by Companies, 2023
Table Belgium Spirits Market Share (%), by Brands, 2019-2023
Chart Belgium Spirits Market, by Brands, 2023
Table Belgium – Population (Millions) and Forecast
Table Belgium – Consumer Price Index (CPI) and Forecast
Table Belgium – Gross Domestic Product and Forecast
Table Belgium Spirits Market: Spend as a Proportion of GDP (%)
Table Belgium Spirits Market: Consumption per Capita (Population)
Companies Mentioned
William Grant & Sons Ltd.
Suntory Holdings Limited
S.V.S. La Martiniquaise
Remy Cointreau Group
Pernod Ricard Group
Mast-Jagermeister SE
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Lucas Bols B.V.
Illva Saronno S.p.A.
Filliers Graanstokerij N.V.
Elephant Gin Ltd.
Domaine Mandarine Napoleon
Diageo plc
Davide Campari-Milano S.p.A.
Brown-Forman Corporation
Bacardi Limited
Alliance Global Group, Inc.