Europe Spirits Market 2024

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The forecast period from 2024 to 2029 suggests that the Europe spirits market will see a slight growth trajectory, with an anticipated increase of USD 42.5 billion and a CAGR of around 4.3%. In Europe, the spirits market is being driven by several factors, including a trend toward premiumization and the rising popularity of artisanal products. With consumers becoming more discerning, there is a growing demand for high-quality, locally produced spirits, such as small-batch gin and craft whiskey, which are seen as more authentic and tailored to individual tastes. Additionally, the increasing interest in cocktails and mixology culture, particularly in urban areas, has contributed to higher spirits consumption. Countries like the UK, Germany, and France are seeing continued growth in gin, whisky, and vodka categories, while rising interest in rum and tequila has broadened the market. Lastly, the growing trend of alcohol-free spirits and low-alcohol cocktails is catering to health-conscious consumers in a market traditionally focused on heavy drinking.

The report provides a comprehensive analysis of the Europe 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, distribution channel and country. The insights gained from this evaluation help reveal the growth potential within the spirits sector.


Market Segmentation


The segmentation of the Europe spirits market is outlined below:
Product type: brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
Country: France, Germany, Italy, Netherlands, Poland, Russia, Spain, Turkey, United Kingdom, others

In Europe, the spirits market is segmented by product type, distribution channel and country. In terms of product type, the market is segmented into brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others. Geographically, the market is segmented into France, Germany, Italy, Netherlands, Poland, Russia, Spain, Turkey, United Kingdom and others.


Competitive Landscape


The Europe spirits market remains highly competitive, with major players including William Grant & Sons Ltd., The Edrington Group Limited, Suntory Holdings Limited, Stock Spirits Group PLC, Sazerac Company Inc., S.V.S. La Martiniquaise, Rotkaeppchen-Mumm Sektkellereien GmbH, Remy Cointreau Group, Pernod Ricard Group, Mast-Jagermeister SE, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Lucas Bols B.V., Loch Lomond Distillery Co. Ltd., Illva Saronno S.p.A., Fratelli Branca Distillerie Srl, Dr. August Oetker, Distilleria Flli Caffo S.r.l., Diego Zamora S.A., Diageo plc, Davide Campari-Milano S.p.A., Brown-Forman Corporation, Berentzen-Gruppe AG, Becle S.A.B. de C.V., Barcelo International S.A., Bacardi Limited and Anora Group Oyj.

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 Europe spirits market.
Gain in-depth analysis and forecasts for the key segments of the Europe spirits market: product type, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Europe spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Europe 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
Europe Spirits Market – Product Type Analysis
Europe Spirits Market – Distribution Channel Analysis
Europe Spirits Market – Country Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– The Edrington Group Limited
– Suntory Holdings Limited
– Stock Spirits Group PLC
– Sazerac Company, Inc.
– S.V.S. La Martiniquaise
– Rotkaeppchen-Mumm Sektkellereien GmbH
– Remy Cointreau Group
– Pernod Ricard Group

Macroeconomic Data and Forecast
Disclaimer

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


Companies Mentioned


William Grant & Sons Ltd.
The Edrington Group Limited
Suntory Holdings Limited
Stock Spirits Group PLC
Sazerac Company, Inc.
S.V.S. La Martiniquaise
Rotkaeppchen-Mumm Sektkellereien GmbH
Remy Cointreau Group
Pernod Ricard Group
Mast-Jagermeister SE
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Lucas Bols B.V.
Loch Lomond Distillery Co., Ltd.
Illva Saronno S.p.A.
Fratelli Branca Distillerie Srl
Dr. August Oetker
Distilleria Flli Caffo S.r.l.
Diego Zamora S.A.
Diageo plc
Davide Campari-Milano S.p.A.
Brown-Forman Corporation
Berentzen-Gruppe AG
Becle, S.A.B. de C.V.
Barcelo International S.A.
Bacardi Limited
Anora Group Oyj


Product Type

Industry Statistics

Region

Europe

Published Date

2024

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