Canada Spirits Market 2025

The market for spirits is set for moderate growth, with projections indicating an increase of USD 4.5 billion and a CAGR nearing 6.9% over the forecast period. 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 delivers a deep dive into the Canada spirits market, combining historical performance data from 2020 to 2024 with forward-looking projections through 2030. It uncovers critical insights into market size, growth rates, and key trends, providing a clear view of the industry’s evolution. By breaking down the market across product type, category and distribution channel, the report identifies actionable opportunities for stakeholders to drive growth and outperform competitors.

Market Segmentation

The segmentation of the Canada 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: food and drinks stores, bars and HoReCa, e-commerce, others

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

Competitive Landscape

The spirits market is highly competitive, with key companies profiled in this report, 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.

This report presents an extensive analysis of major entities in the spirits market, focusing on their performance from 2020 to 2024. 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 Canada spirits market.
Gain in-depth analysis and forecasts for the key segments of the Canada 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 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
Market Segmentation
Market Overview
Canada Spirits Market – Product Type Analysis
Canada Spirits Market – Category Analysis
Canada Spirits Market – Distribution Channel Analysis
Company Shares Analysis
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
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Canada Spirits Market 2020-2030
Chart Canada Spirits Market, Net Growth, 2020-2030
Chart Canada Spirits Market, Growth Rates, 2020-2030
Table Canada Spirits Market by Product Type, 2020-2030
Chart Canada Spirits Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Canada Spirits Market by Product Type, 2020-2030
Table Canada Spirits Market by Category, 2020-2030
Chart Canada Spirits Market by Category, CAGR Historic and Forecast, 2020-2030
Chart Canada Spirits Market by Category, 2020-2030
Table Canada Spirits Market by Distribution Channel, 2020-2030
Chart Canada Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Canada Spirits Market by Distribution Channel, 2020-2030
Table Canada Spirits Market Share (%), by Companies, 2020-2024
Chart Canada Spirits Market, by Companies, 2024
Table Canada Spirits Market Share (%), by Brands, 2020-2024
Chart Canada Spirits Market, by Brands, 2024
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