Insights reveal that the Uruguay spirits market is set for a healthy expansion, with an anticipated growth of USD 179.9 million, corresponding to a compound annual growth rate (CAGR) of nearly 8.7% from 2024 to 2029. Uruguay’s spirits market is influenced by the popularity of locally produced grappa and rum, but a growing interest in international spirits such as whiskey, gin, and vodka is noticeable. Rising disposable incomes and an expanding middle class are driving consumers toward premium products. Uruguay’s dynamic nightlife and cocktail culture, particularly in Montevideo, are further promoting the consumption of a diverse array of spirits.
This report provides a thorough assessment of the Uruguay 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 Uruguay spirits market is categorized into the following segments:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
The Uruguay spirits market is segmented by product type and distribution channel. By product type, it includes brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
The competitive landscape of the spirits market has been analyzed, with a focus on key players such as William Grant & Sons Ltd., Saac Ltda, Reckitt Benckiser Group plc (RB), Pernod Ricard Group, Nafirey S.A., Mast-Jagermeister SE, Heineken N.V., Fratelli Branca Distillerie Srl, Diageo plc, Davide Campari-Milano S.p.A., Compania Tequilera de Arandas S.A. de C.V., Beltion S.R.L. and Bacardi Limited.
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 Uruguay spirits market.
Gain in-depth analysis and forecasts for the key segments of the Uruguay 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 Uruguay spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Uruguay 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
Uruguay Spirits Market – Product Type Analysis
Uruguay Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– Saac Ltda
– Reckitt Benckiser Group plc (RB)
– Pernod Ricard Group
– Nafirey S.A.
– Mast-Jagermeister SE
– Heineken N.V.
– Fratelli Branca Distillerie Srl
– Diageo plc
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Uruguay Spirits Market 2019-2029
Chart Uruguay Spirits Market, Net Growth, 2019-2029
Chart Uruguay Spirits Market, Growth Rates, 2019-2029
Table Uruguay Spirits Market by Product Type, 2019-2029
Chart Uruguay Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Uruguay Spirits Market by Product Type, 2019-2029
Table Uruguay Spirits Market by Distribution Channel, 2019-2029
Chart Uruguay Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Uruguay Spirits Market by Distribution Channel, 2019-2029
Table Uruguay Spirits Market Share (%), by Companies, 2019-2023
Chart Uruguay Spirits Market, by Companies, 2023
Table Uruguay Spirits Market Share (%), by Brands, 2019-2023
Chart Uruguay Spirits Market, by Brands, 2023
Table Uruguay – Population (Millions) and Forecast
Table Uruguay – Consumer Price Index (CPI) and Forecast
Table Uruguay – Gross Domestic Product and Forecast
Table Uruguay Spirits Market: Spend as a Proportion of GDP (%)
Table Uruguay Spirits Market: Consumption per Capita (Population)
Companies Mentioned
William Grant & Sons Ltd.
Saac Ltda
Reckitt Benckiser Group plc (RB)
Pernod Ricard Group
Nafirey S.A.
Mast-Jagermeister SE
Heineken N.V.
Fratelli Branca Distillerie Srl
Diageo plc
Davide Campari-Milano S.p.A.
Compania Tequilera de Arandas, S.A. de C.V.
Beltion S.R.L.
Bacardi Limited