Canada Spirits Market 2024

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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 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.

The report delivers an in-depth analysis of the Canada spirits industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, category and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the spirits market.


Market Segmentation


The following outlines the segmentation of the Canada spirits market:
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 spirits market in Canada is segmented based on product type, category and distribution channel. The market is classified by product type into brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, and others. Category segmentation includes 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 largely dominated by key players such as 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 delivers an in-depth examination of leading companies in the spirits sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.


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
Report Scope
Research Methodology
Market Overview
Canada Spirits Market – Product Type Analysis
Canada Spirits Market – Category 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 Category, 2019-2029
Chart Canada Spirits Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Canada Spirits Market by Category, 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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