The 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, and tequila are gaining popularity among locals and visitors alike. Increasing disposable incomes and a thriving bar scene in cities such as San José are contributing to the market’s expansion.
The report provides a comprehensive analysis of the Costa Rica 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 and distribution channel. The insights gained from this evaluation help reveal the growth potential within the spirits sector.
Market Segmentation
The segmentation of the Costa Rica spirits market is outlined below:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
The spirits market in Costa Rica is segmented across product type and distribution channel. By product type, the market features brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
Major participants in the spirits market comprise Varela Hermanos S.A., Suntory Holdings Limited, Pernod Ricard Group, Mast-Jagermeister SE, Ian Macleod Distillers Ltd., Fabrica Nacional de Licores, EDP S.A.lic S.A., Diageo plc, Compania Licorera de Nicaragua S.A., Centenario Internacional S.A., Brown-Forman Corporation, Becle S.A.B. de C.V., Bacardi Limited and AR Valdespino S.A.
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 Costa Rica spirits market.
Gain in-depth analysis and forecasts for the key segments of the Costa Rica spirits market: 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 Costa Rica spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Costa Rica 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
Costa Rica Spirits Market – Product Type Analysis
Costa Rica Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– Varela Hermanos S.A.
– Suntory Holdings Limited
– Pernod Ricard Group
– Mast-Jagermeister SE
– Ian Macleod Distillers Ltd.
– Fabrica Nacional de Licores
– EDP S.A.lic S.A.
– Diageo plc
– Compania Licorera de Nicaragua, S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Costa Rica Spirits Market 2019-2029
Chart Costa Rica Spirits Market, Net Growth, 2019-2029
Chart Costa Rica Spirits Market, Growth Rates, 2019-2029
Table Costa Rica Spirits Market by Product Type, 2019-2029
Chart Costa Rica Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Costa Rica Spirits Market by Product Type, 2019-2029
Table Costa Rica Spirits Market by Distribution Channel, 2019-2029
Chart Costa Rica Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Costa Rica Spirits Market by Distribution Channel, 2019-2029
Table Costa Rica Spirits Market Share (%), by Companies, 2019-2023
Chart Costa Rica Spirits Market, by Companies, 2023
Table Costa Rica Spirits Market Share (%), by Brands, 2019-2023
Chart Costa Rica Spirits Market, by Brands, 2023
Table Costa Rica – Population (Millions) and Forecast
Table Costa Rica – Consumer Price Index (CPI) and Forecast
Table Costa Rica – Gross Domestic Product and Forecast
Table Costa Rica Spirits Market: Spend as a Proportion of GDP (%)
Table Costa Rica Spirits Market: Consumption per Capita (Population)
Companies Mentioned
Varela Hermanos S.A.
Suntory Holdings Limited
Pernod Ricard Group
Mast-Jagermeister SE
Ian Macleod Distillers Ltd.
Fabrica Nacional de Licores
EDP S.A.lic S.A.
Diageo plc
Compania Licorera de Nicaragua, S.A.
Centenario Internacional S.A.
Brown-Forman Corporation
Becle, S.A.B. de C.V.
Bacardi Limited
AR Valdespino S.A.