The European gin market in 2024 sees Italy leading with a market size value of €64.351 million, followed by Slovakia (€28.435 million), Sweden (€18.748 million), Estonia (€8.0807 million), and Bulgaria (€5.9985 million). From 2022 to 2023, Italy experienced a growth of 4.23%, Slovakia 4.65%, Sweden 7.14%, Estonia 11.48%, and Bulgaria 1.21%. Over the past five years, notable trends include increasing demand for premium gin and diverse product offerings driving growth.
Future trends to watch include the rise of craft and artisanal gin varieties, expanding consumer preferences for organic and sustainable products, and the impact of digital marketing in capturing younger demographics across Europe.
Top countries in Gin Market Size Value by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 64,351,000 | 2023 | +3.8% | +4.23% | View data |
| 2 | 2 Slovakia | 28,435,000 | 2023 | +2.55% | +4.65% | View data |
| 3 | 3 Sweden | 18,748,000 | 2023 | +3.35% | +7.14% | View data |
| 4 | 4 Estonia | 8,080,700 | 2023 | +5.74% | +11.48% | View data |
| 5 | 5 Bulgaria | 5,998,500 | 2023 | +1.46% | +1.21% | View data |
