Canada Spirits Market 2024

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The Canada spirits market is anticipated to witness significant growth, with an expected uptick of USD 4.5 billion, equating to a compound annual growth rate (CAGR) of about 6.9% in the coming years. Canada’s spirits market is characterized by the rising popularity of whiskey, particularly Canadian whisky, as well as vodka and gin. The country’s growing cocktail culture and an increasing middle class are contributing to a shift toward premium spirits. Furthermore, Canada’s expanding craft distillery scene and the legalization of cannabis, which has led to new alcohol pairings and innovative cocktail offerings, are reshaping consumer preferences.

This report presents a detailed overview of the Canada spirits industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the spirits industry.


Market Segmentation


The Canada spirits market is structured as follows:
Product type: brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, others
Product type: craft, non-craft
Distribution channel: food and drinks stores, bars and HoReCa, e-commerce, others

In Canada, the spirits market is segmented by product type, product type and distribution channel. By product type, the market is categorized into brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, and others. Product type segments encompass craft, and non-craft. Distribution channel segmentation includes food and drinks stores, bars and HoReCa, e-commerce, and others.


Competitive Landscape


The report provides profiles of notable companies, including William Grant & Sons Ltd., Suntory Holdings Limited, SPI Group, Sazerac Company Inc., Remy Cointreau Group, Pernod Ricard Group, Mast-Jagermeister SE, Lucas Bols B.V., Ketel One Worldwide B.V., Heaven Hill Distilleries Inc., Diageo plc, Davide Campari-Milano S.p.A., Coca-Cola HBC AG, Brown-Forman Corporation, Becle S.A.B. de C.V. and Bacardi Limited.

The report provides a detailed assessment of prominent companies within the spirits market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Canada spirits market.
Gain in-depth analysis and forecasts for the key segments of the Canada spirits market: product type, product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Canada spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Canada spirits market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Canada Spirits Market – Product Type Analysis
Canada Spirits Market – Product Type Analysis
Canada Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– Suntory Holdings Limited
– SPI Group
– Sazerac Company, Inc.
– Remy Cointreau Group
– Pernod Ricard Group
– Mast-Jagermeister SE
– Lucas Bols B.V.
– Ketel One Worldwide B.V.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Canada Spirits Market 2019-2029
Chart Canada Spirits Market, Net Growth, 2019-2029
Chart Canada Spirits Market, Growth Rates, 2019-2029
Table Canada Spirits Market by Product Type, 2019-2029
Chart Canada Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Canada Spirits Market by Product Type, 2019-2029
Table Canada Spirits Market by Product Type, 2019-2029
Chart Canada Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Canada Spirits Market by Product Type, 2019-2029
Table Canada Spirits Market by Distribution Channel, 2019-2029
Chart Canada Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Canada Spirits Market by Distribution Channel, 2019-2029
Table Canada Spirits Market Share (%), by Companies, 2019-2023
Chart Canada Spirits Market, by Companies, 2023
Table Canada Spirits Market Share (%), by Brands, 2019-2023
Chart Canada Spirits Market, by Brands, 2023
Table Canada – Population (Millions) and Forecast
Table Canada – Consumer Price Index (CPI) and Forecast
Table Canada – Gross Domestic Product and Forecast
Table Canada Spirits Market: Spend as a Proportion of GDP (%)
Table Canada Spirits Market: Consumption per Capita (Population)


Companies Mentioned


William Grant & Sons Ltd.
Suntory Holdings Limited
SPI Group
Sazerac Company, Inc.
Remy Cointreau Group
Pernod Ricard Group
Mast-Jagermeister SE
Lucas Bols B.V.
Ketel One Worldwide B.V.
Heaven Hill Distilleries Inc.
Diageo plc
Davide Campari-Milano S.p.A.
Coca-Cola HBC AG
Brown-Forman Corporation
Becle, S.A.B. de C.V.
Bacardi Limited


Product Type

Industry Statistics

Region

North America

Published Date

2024

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