In 2023, Belgium led the European vermouth market with a consumption of 1.57 liters per capita, while Sweden followed with 0.64 liters. The benign growth in Poland, Portugal, Estonia, Hungary, and Croatia signaled a stable but varying regional preference. Observing actual data from 2023, there are no notable fluctuations over the previous year. The five-year CAGR suggests a stable yearly variation across these markets, highlighting consistent consumption levels but no significant growth trajectory.
Future trends to watch:
- Potential shifts in consumer preferences toward premium or flavored variants.
- Influence of cultural revivals in vermouth traditions, possibly boosting consumption.
- Market expansion opportunities in lesser-developed vermouth markets.
Top countries in Vermouth Market Size Volume Per Capita by Country
| # | 7 Countries | Liters Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 1.57 | 2023 | View data |
| 2 | 2 Sweden | 0.64 | 2023 | View data |
| 3 | 3 Poland | 0.52 | 2023 | View data |
| 4 | 4 Portugal | 0.47 | 2023 | View data |
| 5 | 5 Estonia | 0.39 | 2023 | View data |
| 6 | 6 Hungary | 0.17 | 2023 | View data |
| 7 | 7 Croatia | 0.062 | 2023 | View data |
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