Expected to experience modest expansion, the Lithuania spirits market size is forecasted to increase from USD 852.2 million in 2023 to USD 971.1 million by 2029, achieving a CAGR of 2.2% over the evaluation period. Lithuania’s spirits market is expanding as consumers show increasing interest in both traditional and premium international spirits. While traditional spirits like krupnikas, a honey-based liqueur, continue to be popular, there is a growing demand for premium vodka, whiskey, and gin. Lithuania’s middle class is becoming more affluent and exposed to global drinking trends, which is driving the demand for higher-quality products. The rise of a vibrant nightlife and cocktail culture in cities like Vilnius is further boosting the market, as consumers experiment with different types of spirits and mixed drinks.
This report provides a thorough assessment of the Lithuania spirits industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the spirits industry.
Market Segmentation
The Lithuania spirits market is categorized into the following segments:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, others
The spirits market in the Lithuania is segmented by 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, food and drinks stores, grocery stores, bars and HoReCa, and others.
Competitive Landscape
The report provides profiles of notable companies, including William Grant & Sons Ltd., Suntory Holdings Limited, SPI Group, S.V.S. La Martiniquaise, Russian Standard Corporation, Pernod Ricard Group, MV GROUP, Miguel Torres S.A., Mast-Jagermeister SE, Marie Brizard & Roger International S.A.S, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Liviko AS, Les Grands Chais De France, Diageo plc, Destilerias Sierra Unidas S.A. De C.V., Davide Campari-Milano S.p.A., CVH Spirits Ltd., Coca-Cola HBC AG, Brown-Forman Corporation, Becle S.A.B. de C.V., Bacardi Limited and Amber Beverage Group (ABG).
This comprehensive report analyzes the performance of leading companies in the spirits sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Lithuania spirits market.
Gain in-depth analysis and forecasts for the key segments of the Lithuania 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 Lithuania spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Lithuania 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
Lithuania Spirits Market – Product Type Analysis
Lithuania Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– Suntory Holdings Limited
– SPI Group
– S.V.S. La Martiniquaise
– Russian Standard Corporation
– Pernod Ricard Group
– MV GROUP
– Miguel Torres S.A.
– Mast-Jagermeister SE
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Lithuania Spirits Market 2019-2029
Chart Lithuania Spirits Market, Net Growth, 2019-2029
Chart Lithuania Spirits Market, Growth Rates, 2019-2029
Table Lithuania Spirits Market by Product Type, 2019-2029
Chart Lithuania Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Lithuania Spirits Market by Product Type, 2019-2029
Table Lithuania Spirits Market by Distribution Channel, 2019-2029
Chart Lithuania Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Lithuania Spirits Market by Distribution Channel, 2019-2029
Table Lithuania Spirits Market Share (%), by Companies, 2019-2023
Chart Lithuania Spirits Market, by Companies, 2023
Table Lithuania Spirits Market Share (%), by Brands, 2019-2023
Chart Lithuania Spirits Market, by Brands, 2023
Table Lithuania – Population (Millions) and Forecast
Table Lithuania – Consumer Price Index (CPI) and Forecast
Table Lithuania – Gross Domestic Product and Forecast
Table Lithuania Spirits Market: Spend as a Proportion of GDP (%)
Table Lithuania Spirits Market: Consumption per Capita (Population)
Companies Mentioned
William Grant & Sons Ltd.
Suntory Holdings Limited
SPI Group
S.V.S. La Martiniquaise
Russian Standard Corporation
Pernod Ricard Group
MV GROUP
Miguel Torres S.A.
Mast-Jagermeister SE
Marie Brizard & Roger International S.A.S
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Liviko AS
Les Grands Chais De France
Diageo plc
Destilerias Sierra Unidas, S.A. De C.V.
Davide Campari-Milano S.p.A.
CVH Spirits Ltd.
Coca-Cola HBC AG
Brown-Forman Corporation
Becle, S.A.B. de C.V.
Bacardi Limited
Amber Beverage Group (ABG)