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Liqueurs Market Size Worth USD 164.0 Billion in 2033 | IMARC Group

12-19-2024 10:41 AM CET | Food & Beverage

Press release from: IMARC Group

Liqueurs Market

Liqueurs Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‹๐ข๐ช๐ฎ๐ž๐ฎ๐ซ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The global liqueurs market size reached USD 131.3 Billion in 2024.
โ— The market is expected to reach USD 164.0 Billion by 2033, exhibiting a growth rate (CAGR) of 2.38% during 2025-2033.
Based on the region, the market has been divided into North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
โ— Neutrals/bitters account for the majority of the market share in the type segment.ย 
โ— Glass holds the largest share in the liqueurs industry.
โ— Off-trade (hypermarkets and supermarkets, grocery stores, convenience stores, and others) represents the leading distribution channel segment.
โ— The increasing interest in premiumization is a primary driver of the liqueurs market.
โ— Flavor innovation and the rising popularity of experiential drinking are reshaping the liqueurs market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/liqueurs-market/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ— ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ข๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ ๐ข๐ง ๐ฉ๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง:

People are seeking more than basic options. They now prefer high-quality, artisanal products for better taste and a luxury experience. This trend is especially strong among younger people. They are willing to pay more for premium liqueurs, either for special occasions or to make fancy cocktails at home. Moreover, the growing cocktail culture in cities is boosting the demand for top-shelf liqueurs. These liqueurs improve the drinking experience. In response, brands are launching limited-edition products. These often feature rare ingredients or specific aging processes. This strategy targets consumers who desire exclusivity. The trend towards premium products is raising the value of liqueurs. It also pushes manufacturers to innovate and stand out. This is key to staying competitive.

โ— ๐…๐ฅ๐š๐ฏ๐จ๐ซ ๐ข๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ ๐๐ข๐ฏ๐ž๐ซ๐ฌ๐ข๐ญ๐ฒ:

Manufacturers are launching new flavors, from tropical fruits to spices and dessert-inspired liqueurs. This caters to various consumer tastes. It also allows brands to target both traditional drinkers and adventurous consumers. Meanwhile, the health trend is boosting demand for liqueurs made from natural, organic ingredients. This appeals to those seeking healthier options. Varieties that are gluten-free and low-sugar are also becoming popular. The market remains dynamic, encouraging repeat purchases.

โ— ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐ฉ๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐ž๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐ญ๐ข๐š๐ฅ ๐๐ซ๐ข๐ง๐ค๐ข๐ง๐ :

Consumers now want drinking experiences that are unique and immersive. Brands are responding by creating memorable experiences. They offer elaborate bottles and interactive cocktail kits. Experiential bars and pop-up events are also on the rise. These venues showcase liqueur cocktails in beautiful settings. Moreover, liqueur brands are teaming up with mixologists and event planners. They offer cocktail-making classes, fostering brand loyalty. This shift towards experience over product is appealing to consumers. It strengthens market growth.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=7715&flag=C

๐‹๐ข๐ช๐ฎ๐ž๐ฎ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ— Neutrals/Bitters
โ— Creams
โ— Fruit Flavored
โ— Others

Neutrals/bitters represent the largest segment due to their versatility in cocktails and mixology, appealing to a wide range of consumers with different taste preferences.

๐๐ฒ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž:

โ— Glass
โ— PET Bottle
โ— Metal Can
โ— Others

Glass accounts for the majority of the market share as it offers a premium and aesthetically pleasing presentation, which aligns with the perceptions of consumers about quality and luxury for liqueur products.

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

โ— On-Trade
โ— Off-Trade
โ— Hypermarkets and Supermarkets
โ— Grocery Stores
โ— Convenience Stores
โ— Othersย 

Off-trade exhibits a clear dominance in the liqueurs market owing to the convenience and accessibility, allowing people to purchase liqueur products from retail outlets, such as supermarkets, liquor stores, and online platforms, for consumption at home or social gatherings.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

Region-wise, the market has been divided into North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

๐“๐จ๐ฉ ๐‹๐ข๐ช๐ฎ๐ž๐ฎ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The liqueurs market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

โ— Amarula Cream
โ— Beam Suntory Inc.
โ— Brown-Forman Corporation
โ— Davide Campari-Milano N.V
โ— Diageo Plc
โ— Girolamo Luxardo S.p.A
โ— Koninklijke De Kuyper B.V.
โ— Lucas Bols B.V.
โ— Mast-Jรคgermeister SE
โ— Pernod Ricard SA
โ— Remy Cointreau
โ— Sazerac Company
โ— Stock Spirits Group

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

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