Key Market Indicators
Spirits consumption in Europe is projected to surge to approximately €475 million by 2028, a significant rise from the estimated €404 million recorded in 2023. This upward trend represents an average annual growth rate of 2.6%. The demand for spirits has already seen a notable increase, with a year-on-year rise of 2.7%. In the rankings of European countries, Italy, Spain, and Germany hold the second, third, and fourth positions, respectively, in terms of spirits consumption.