Norway Spirits Market 2024

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The Norway spirits market is likely to exhibit mild growth, with a projected increase from USD 1,183.9 million in 2023 to USD 1,381.0 million by 2029, corresponding to a CAGR of 2.6% during the 2024 to 2029 timeframe. In Norway, traditional spirits such as aquavit continue to dominate the market, but growing interest in international spirits, particularly whiskey and gin, is evident. Rising disposable incomes, coupled with a shift toward premiumization, are pushing demand for higher-end products. The increasing presence of craft distilleries and a growing cocktail culture in cities like Oslo are contributing to the market’s growth.

This report presents a detailed overview of the Norway spirits industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, category and distribution channel. This detailed analysis supports the identification of growth opportunities within the spirits industry.


Market Segmentation


The Norway spirits market is structured as follows:
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 Norway spirits market is categorized 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 segmentation includes craft, and non-craft. Distribution channel segmentation includes food and drinks stores, bars and HoReCa, e-commerce, and others.


Competitive Landscape


Prominent players in the spirits market include William Grant & Sons Ltd., Wiig Spirits AS, United Drinks A/S, The Edrington Group Limited, Suntory Holdings Limited, Spivi AS, Soerlie Cognac, Sazerac Company Inc., S.V.S. La Martiniquaise, Robert Prizelius AS, Remy Cointreau Group, Pernod Ricard Group, OSS Craft Distillery AS, Nordic Cellars AS, Mast-Jagermeister SE, Lucas Bols B.V., Groupe Boinaud SAS, Engelstad Spirits AS, Diageo plc, Det Norske Brenneri AS, Destilerias Sierra Unidas S.A. De C.V., Davide Campari-Milano S.p.A., Chateau Montifaud Sarl, Brown-Forman Corporation, Becle S.A.B. de C.V., Bache-Gabrielsen AS, Bacardi Limited, Anora Group Oyj and Accelerate Brands AS.

The report provides a detailed assessment of prominent companies within the spirits market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Norway spirits market.
Gain in-depth analysis and forecasts for the key segments of the Norway 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 Norway spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Norway 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
Norway Spirits Market – Product Type Analysis
Norway Spirits Market – Category Analysis
Norway Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– Wiig Spirits AS
– United Drinks A/S
– The Edrington Group Limited
– Suntory Holdings Limited
– Spivi AS
– Soerlie Cognac
– Sazerac Company, Inc.
– S.V.S. La Martiniquaise

Macroeconomic Data and Forecast
Disclaimer

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


Companies Mentioned


William Grant & Sons Ltd.
Wiig Spirits AS
United Drinks A/S
The Edrington Group Limited
Suntory Holdings Limited
Spivi AS
Soerlie Cognac
Sazerac Company, Inc.
S.V.S. La Martiniquaise
Robert Prizelius AS
Remy Cointreau Group
Pernod Ricard Group
OSS Craft Distillery AS
Nordic Cellars AS
Mast-Jagermeister SE
Lucas Bols B.V.
Groupe Boinaud SAS
Engelstad Spirits AS
Diageo plc
Det Norske Brenneri AS
Destilerias Sierra Unidas, S.A. De C.V.
Davide Campari-Milano S.p.A.
Chateau Montifaud Sarl
Brown-Forman Corporation
Becle, S.A.B. de C.V.
Bache-Gabrielsen AS
Bacardi Limited
Anora Group Oyj
Accelerate Brands AS


Product Type

Industry Statistics

Region

Europe

Published Date

2024

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