Key Market Indicators
Spirits consumption is projected to climb to approximately €138 million by 2028, up from around €115 million in 2023. This growth represents an average annual increase of 2.9%. In recent years, demand for spirits has seen a modest year-on-year uptick of 0.5%. Italy, Spain, and Germany rank second, third, and fourth respectively in terms of spirits consumption, underscoring their significant market presence in the sector.