1. Market Research
  2. > Beverage
  3. > Alcoholic Drink Market Trends
  4. > Spirits

Spirits (Stronger Liquors): Comprehensive Market Analysis

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
9 votes

Global Spirits Industry

The global spirits industry was worth almost $263 billion in 2010, having recorded yearly growth of over 2.5% between 2006 and 2010, reports MarketLine. Whisky represents the leading market segment, generating almost $70 billion in sales in 2010 and accounting for almost 27% of the overall market in terms of value. Market growth is expected to accelerate to exceed a yearly growth rate of 3% between 2010 and 2015 to hit $306 billion.

The global spirits industry refers to the manufacturing of spirits, with companies involved in distilling and blending liquors, blending and mixing liquors with other ingredients, and distilling potable liquors. Spirits manufacturers use ingredients such as grains to distill into alcoholic spirit beverages, which they then package and sell to various types of outfits like restaurants, clubs, bars, retail stores, liquor wholesalers, hotels and casinos.

Key Segments

The world gin market reached a volume of almost 47 million cases in 2010, reports Just Drinks, with the industry expanding by 2% that year. The US leads the market with near 38% market share. Spain is the second biggest player in the global gin market with almost 12% market share, followed by the UK with just over 9% of the overall market. These three established markets are witnessing a change in that long-standing standard gins are nearing market saturation, leaving room for newer super-premium gins.

The vodka industry recorded strong global growth prior to the economic recession, which negatively impacted the market. Strong growth between 2004 and 2008 saw the market grow in volume by 30 million cases in four years, according to Just Drinks. Though vodka sales plummeted in 2009, the market recovered in 2010, with a particularly strong rebound in Russia.

Russia’s super-premium vodka market segment stands at around 250,000 cases. The US leads the premium white spirits market, with many craft distillers entering the market. These are typically small-sized producers. Brazil’s vodka market has witnessed a degree of substitution from cachaça into vodka, with cachaça producers also beginning to produce vodka. Over recent years, India’s vodka market has seen some large rum and whisky producers, including UB Group, lend increasing importance to vodka production.

Regional Market Share

The NAFTA nations’ spirit market exceeded $57 billion in 2010, reports MarketLine. Mexico recorded the fastest growth at a yearly rate of 5% between 2006 and 2010. In terms of value, the US leads the NAFTA countries, generating more than $47 billion in 2010, and it is expected to remain in the top position to reach almost $55.5 billion by 2015.

The five leading emerging nations (Brazil, China, India, Mexico and South Africa) generated almost $51 billion through spirit sales in 2010, reports MarketLine. The industry recorded yearly growth of 9% from 2006 to 2010 within these five countries. The market is expected to record yearly growth of over 7% between 2010 and 2015 to exceed $72.5 billion in 2015. 

India leads the emerging markets, having generated over $19 billion in 2010. It is expected to remain the number one country in terms of the spirits market, generating almost $34 billion by 2015. Whisky represents the leading segment in India’s alcoholic beverage market, but white spirits have been recording the fastest rate of growth, reports Netscribes. Market expansion in India is largely due to cultural trends, with a growing number of consumers frequenting lounges and bars. The country’s younger population is also stimulating market growth, opting for lighter spirits such as vodka, gin and rum.

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 1 600 reports

Global Spirits Industry

  • January 2015
    40 pages
  • Spirits  

    Whisky  

    Vodka  

  • World  

View report >

Spirits Industry in the US - Forecast

  • April 2016
    11 pages
  • Spirits  

  • United States  

View report >

Spirits and Liqueur Markets in Europe and China - Forecast

  • July 2016
    16 pages
  • Spirits  

    Liqueur  

  • Europe  

View report >

Spirits Markets in France

  • February 2015
    7 pages
  • Spirits  

  • France  

    Ukraine  

View report >

Spirits Industry in the UK - Forecast

  • March 2016
    32 pages
  • United Kingdom  

View report >

Spirits and Liquor Markets in Canada

  • May 2016
    6 pages
  • Spirits  

    Liquor  

  • Canada  

View report >

Spirits Forecast Statistics in India

  • May 2016
    6 pages
  • India  

    World  

View report >

Spirits Statistics in China

  • February 2016
    5 pages
  • Spirits  

  • China  

    Asia  

View report >

Spirits Statistics in South Africa and Indonesia

  • February 2015
    6 pages
  • South Africa  

    Indonesia  

    Asia  

View report >

Spirits Markets in Australia

  • April 2016
    11 pages
  • Spirits  

  • Australia  

View report >

Search in Spirits Industry (About 1 600 reports)
Parent industry: Alcoholic Drink
Related industries: Beer, Wine

About 2 000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 99 - $ 4 000)

Global Malt Whisky Consumption 2016 Market Research Report

Global Malt Whisky Consumption 2016 Market Research Report

  • $ 4 000
  • Industry report
  • May 2016
  • by QY Research Group

The Global Malt Whisky Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Malt Whisky market. First, the report provides a basic overview of the Malt ...

Identifying And Pulling Levers Of Digital Transformatio ...

June 2016 $ 3 500

Wineries World Report

June 2016 $ 3 047

Distilleries World Report

June 2016 $ 3 047

Vodka Market Trends In China

May 2016 $ 3 000

Tequila Market Trends In China

May 2016 $ 3 000

Gin Market Trends In China

May 2016 $ 3 000

Rum Market Trends In China

May 2016 $ 3 000

Brandy Market Trends In China

May 2016 $ 3 000

Whisky Market Trends In China

May 2016 $ 3 000

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.