Portugal Spirits Market 2024

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Anticipated to grow gradually, the Portugal spirits market size is set to rise from USD 1,183.8 million in 2023 to USD 1,348.9 million by 2029, achieving a CAGR of 2.2% throughout the forecast period. Portugal’s spirits market is influenced by the strong tradition of port wine and aguardente, but the growing interest in international spirits such as whiskey, gin, and rum is driving market expansion. Portugal’s growing cocktail culture, particularly in Lisbon and Porto, is also fueling the demand for premium and craft spirits. As more Portuguese consumers seek high-quality products, the market is seeing a shift toward premiumization and diversification.

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


Market Segmentation


The segmentation of the Portugal spirits market is outlined below:
Product type: brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, others
Category: craft, non-craft
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The Portugal spirits market is segmented by product type, category and distribution channel. By product type, the market is categorized into brandy and cognac, liqueurs, non-alcoholic spirits, rum, tequila and mezcal, whiskies, white spirits, and others. Category segments are divided into craft, and non-craft. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.


Competitive Landscape


The competitive landscape of the industry has been analyzed, featuring profiles of major players such as William Grant & Sons Ltd., The Edrington Group Limited, Taylor Fonseca Group, Suntory Holdings Limited, S.V.S. La Martiniquaise, Pernod Ricard Group, Mast-Jagermeister SE, Kirin Holdings Co. Ltd., Joao Portugal Ramos Vinhos S.A., J Portugal Ramos – Vinhos S.A., Heaven Hill Distilleries Inc., Granvinhos Lda, Diageo plc, Davide Campari-Milano S.p.A., Companhia Muller de Bebidas Ltda, Companhia Espirituosa S.A., Brown-Forman Corporation, Becle S.A.B. de C.V., Bebilusa-Industria E Comercio De Bebidas Lda., Bacardi Limited and Alianca – Vinhos de Portugal 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 Portugal spirits market.
Gain in-depth analysis and forecasts for the key segments of the Portugal 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 Portugal spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Portugal 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
Portugal Spirits Market – Product Type Analysis
Portugal Spirits Market – Category Analysis
Portugal Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– The Edrington Group Limited
– Taylor Fonseca Group
– Suntory Holdings Limited
– S.V.S. La Martiniquaise
– Pernod Ricard Group
– Mast-Jagermeister SE
– Kirin Holdings Co., Ltd.
– Joao Portugal Ramos Vinhos S.A.

Macroeconomic Data and Forecast
Disclaimer

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


Companies Mentioned


William Grant & Sons Ltd.
The Edrington Group Limited
Taylor Fonseca Group
Suntory Holdings Limited
S.V.S. La Martiniquaise
Pernod Ricard Group
Mast-Jagermeister SE
Kirin Holdings Co., Ltd.
Joao Portugal Ramos Vinhos S.A.
J Portugal Ramos – Vinhos S.A.
Heaven Hill Distilleries Inc.
Granvinhos Lda
Diageo plc
Davide Campari-Milano S.p.A.
Companhia Muller de Bebidas Ltda
Companhia Espirituosa S.A.
Brown-Forman Corporation
Becle, S.A.B. de C.V.
Bebilusa-Industria E Comercio De Bebidas, Lda.
Bacardi Limited
Alianca – Vinhos de Portugal, S.A.


Product Type

Industry Statistics

Region

Europe

Published Date

2024

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