The United Kingdom dominates the European distilling, rectifying, and blending of spirits market, holding 36.96% of the turnover share, with a relatively stable 2.56% growth in the past year. France follows with 17.07%, despite a minor contraction of 1.98%. Poland, Italy, and Germany are significant contenders, showing mixed growth trends. Smaller markets like Serbia, Iceland, and Slovenia demonstrated remarkable year-on-year growth, reflecting emerging opportunities. Over the last five years, the compound annual growth rate (CAGR) of these markets suggests a changing landscape with variances in consumer preferences and economic conditions.
Future trends to monitor include:
- Expansion in emerging markets showing high year-on-year growth such as Serbia and Slovenia.
- Potential shifts in consumer preferences towards craft and artisanal spirits.
- Regulatory changes and their impacts on production and sales within the European Union.
- Influence of sustainability trends and eco-conscious production on the industry.
Top countries in Distilling, Rectifying and Blending of Spirits Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 36.96 | 2023 | +2.6% | +2.56% | View data |
| 2 | 2 France | 17.07 | 2023 | -0.38% | -1.98% | View data |
| 3 | 3 Poland | 12.57 | 2023 | +1.88% | +2.85% | View data |
| 4 | 4 Italy | 11.11 | 2023 | +3.16% | +0.83% | View data |
| 5 | 5 Germany | 10.24 | 2023 | +1.84% | -1.89% | View data |
| 6 | 6 Spain | 4.55 | 2023 | +9.5% | +0.72% | View data |
| 7 | 7 Finland | 1.04 | 2023 | -0.26% | -0.23% | View data |
| 8 | 8 Bulgaria | 0.99 | 2023 | +3.63% | +2.77% | View data |
| 9 | 9 Austria | 0.95 | 2023 | +3.25% | +3.13% | View data |
| 10 | 10 Hungary | 0.86 | 2023 | -0.31% | -5.4% | View data |
