The projected spirits market size value per capita in Spain indicates a declining trend from 2024 to 2028. In 2023, the value stood at €35.70. Forecasted data shows a decrease with values of €35.45 in 2024, €35.19 in 2025, €34.93 in 2026, €34.68 in 2027, and €34.43 in 2028. The year-on-year variation percentage shows a slight but consistent decline. From 2023 to 2024, the decrease is approximately 0.70%, and from 2025 to 2026 it is 0.26%. Over the last five years, the CAGR indicates a small but steady drop in value, averaging about -0.71% per year.
Future trends to watch for include shifts in consumer preferences toward premium and craft spirits, changes in regulatory frameworks, and the impact of health and wellness trends. Additionally, economic factors such as inflation and disposable income levels could further influence market dynamics.
