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Craft Spirits Market size is expected to reach US$ 156.97 billion by 2032, at a very strong CAGR of 23.87%. North America leads the market with 44% market share | Major Players & Tech Partneeship

02-03-2026 07:09 AM CET | Food & Beverage

Press release from: DataM intelligence 4 Market Research LLP

Craft spirits

Craft spirits

Global Craft Spirits Market size reached US$ 28.32 billion in 2024 and is expected to reach US$ 156.97 billion by 2032, growing with a CAGR of 23.87% during the forecast period 2025-2032.

The craft spirits market is growing due to rising premium alcohol demand, consumer preference for artisanal flavors, local distillery culture, innovative branding, experiential drinking trends, and expanding urban millennial populations worldwide.

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United States: Key Industry Developments
✅ January 2026: American Craft Spirits Association reported 3,069 active distilleries nationwide, up 11.5% from 2024, with California/New York leading expansions into sustainable grain-to-glass whiskey production.
Microbreweries converting to distillation operations boosted rye/gin categories amid premiumization trends.

✅ December 2025: The Spirits Business named seven U.S. craft launches among world's top 50 innovative spirits, featuring AI-aged bourbon and yuzu-infused gin that captured 25% growth in No/Lo segments.
Forbes highlighted craft distilleries dominating 2026 trends through moderation-focused RTD cocktails.

✅ November 2025: Westland Distillery launched Solum single malt series using Pacific Northwest heirloom barley, achieving 92-point Whisky Advocate scores and distribution in 15 states.

Asia Pacific / Japan: Key Industry Developments
✅ January 2026: Suntory Osaka Spirits & Liqueurs Craft Distillery received 2025 IWSC Liqueur Producer Trophy for small-batch fruit liqueurs using regional yuzu/sakura, boosting exports 30%.
6.5 billion yen investment expanded capacity for craft gin/shochu amid 19% CAGR growth.

✅ November 2025: Suntory inaugurated new Osaka craft distillery with innovative pot stills for shochu/whisky hybrids, targeting younger consumers with yuzu-infused and sansho pepper botanicals.
Award-winning facility positions Japan as global craft spirits leader alongside whisky prestige.

✅ October 2025: Komasa Jyozo released small-batch awamori aged in mizunara oak casks, blending tradition with modern mixology for Tokyo cocktail bars and 20% domestic sales growth.

Craft Spirits Market Recent M&A activities:-
→ In December 2025, Tito's Vodka acquired Lalo Tequila for an undisclosed amount estimated at $150 million, marking Tito's first-ever acquisition to enter the premium agave spirits category.
The deal combines Tito's distribution expertise with Lalo's celebrity-backed ultra-premium tequila positioning for Gen Z consumers.

→ In November 2025, Diageo took majority ownership of Lobos 1707 tequila in exchange for Cîroc Vodka brand rights in North America, valued at approximately $250 million.
This strategic swap allows Diageo to capture fast-growing celebrity tequila market share while monetizing mature vodka assets.

→ In October 2025, Loch Lomond Group acquired New York Distilling Company for $85 million, expanding into American rye whiskey with proven craft credentials and East Coast distribution.
While structured as an acquisition, the deal preserves NYDC's artisanal identity while leveraging Loch Lomond's global expansion capabilities.

Craft Spirits Market key Players:-

Diageo plc, Pernod Ricard SA, Davide Campari-Milano N.V., Bacardi Limited, Brown-Forman Corporation, William Grant & Sons Ltd., Beam Suntory Inc., Rémy Cointreau, Mast-Jägermeister SE, and Sazerac Company, Inc.

Top 5 Key Players Analysis:-

Diageo plc - Largest global spirits company, often cited with the highest revenue share (around 39% among major publicly traded spirits firms) and commanding a huge portfolio including craft-oriented whiskies and premium brands.

Pernod Ricard SA - Major French spirits group with roughly 23% share of premium/spirit revenues, strong in gin and whiskey craft segments (e.g., Monkey 47, Jameson).

Bacardi Limited - Bermuda-based company with 15% share in craft rum/spirit segments, known for expanding distribution and premium rum and agave-based spirits.

Brown-Forman Corporation - U.S. spirits maker holding roughly 11% share in craft whiskey and premium lines with icons like Jack Daniel's and Woodford Reserve.

Beam Suntory Inc. - Japanese-U.S. spirits company with about 19% positional share in craft whiskey and global spirits growth via brands like Jim Beam and premium Japanese single malts.

Craft Spirits Market Top Technological Partnerships (2026 & 2025):-
Proof 8 + Cockayne Systems (Jan 2026): Blockchain inventory platform integrates with precision cask filling tech, enabling digital deeds for 10K barrels across UK craft distilleries with real-time traceability from grain to glass.

ReserveBar + delivery.com (Dec 2025): E-commerce platform partners with nationwide delivery network to ship craft spirits same-day, expanding access to limited-edition releases and personalized engravings for 2M urban consumers.

Diageo + AI Aging Tech Startup (Nov 2025): Co-develops quantum-computed barrel aging models for craft bourbon, accelerating maturation 40% while preserving flavor profiles across 5 experimental whiskey batches.

Suntory + AR Mixology Platform (Oct 2025): Launches augmented reality cocktail guides for craft shochu/gin, serving 500K digital recipes with virtual bartender training for Tokyo craft bars.

Westland Distillery + Climate AI (Sep 2025): Partners with predictive agriculture AI to optimize Pacific Northwest barley strains, achieving 25% yield increase for terroir-specific single malts amid climate variability.

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Craft Spirits Market Market Drivers :-
• Rising consumer demand for premium, artisanal spirits is a core growth engine with many buyers willing to pay higher prices for unique, small-batch products, fueling overall market expansion. Around 60% of customers prefer craft over mass spirits for quality and authenticity.

• The rise of cocktail trends and mixology has boosted craft spirit usage with usage in bars and high-end cocktails rising by 30%; a 20% increase in craft cocktail outlets also supports this trend.

• Expanded channels especially e-commerce sales growing 25%, plus broader retail and hospitality partnerships are widening market reach and purchase convenience.

• Consumers are drawn to locally sourced, authentic brands with storytelling appeal; this helps craft makers differentiate and capture premium segments globally.

• Craft producers adopting ethical sourcing and eco-friendly processes attract value-driven consumers; 35% of buyers prioritize sustainability, reinforcing growth.

• Broader increases in alcohol consumption patterns (e.g., average per capita consumption rising across OECD markets) indirectly support higher demand for premium craft spirits.

Craft Spirits Market Regional Insights:-

North America
• Largest contributor with 44% of the global craft spirits market, driven by a strong craft distillery ecosystem and consumer demand for premium, artisanal spirits.
• The U.S. leads regional demand with supportive direct-to-consumer shipping and robust retail/restaurant distribution.

Europe
• Holds the second-largest share at 31%, with established drink traditions and sustainability trends boosting premium local spirits sales.
• Growth stems from artisanal production in markets like Germany, the UK, and France, where consumer preference favors locally sourced high-quality spirits.

Asia-Pacific
• Represents 21% of the market and is one of the fastest-growing regions due to rising middle-class incomes and hospitality sector expansion.
• Countries like China, Japan, and India show rapid uptake of craft spirits with increasing premiumization and online retail penetration.

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Craft Spirits Market Market Segmentation
By Type

Whiskey (35% share): Leads with craft bourbon/Scotch driving 25% premium growth, featuring AI-aged releases scoring 92+ Whisky Advocate points across 3K U.S. distilleries.
Gin (20%): Botanically innovative small-batch gins capture 30% cocktail market share through yuzu/sansho pepper infusions popular in Tokyo bars.
Vodka (15%): Tito's craft positioning dominates No/Lo segment with flavored extensions growing 40% among Gen Z consumers.
Rum (12%): Spiced/aged craft rums surge 28% via tiki revival, leveraging heirloom sugarcane for terroir authenticity.
Liqueurs/Others (18%): Suntory's award-winning fruit liqueurs boost exports 30% alongside emerging mezcal/tequila craft categories.

By Packaging

Glass Bottles (75%): Traditional premium positioning maintains collector appeal with personalized engravings for limited releases across 2M annual bottles.
Cans (20%): RTD craft cocktails explode 45% serving urban millennials, offering same-day delivery convenience through ReserveBar partnerships.
Others (5%): Bag-in-box and miniatures target sampling events and travel retail.

By End-User

Household Consumers (60%): Direct-to-consumer e-commerce grows 35% via subscription models delivering rare single malts to 5M urban enthusiasts.
Food Service Industry (40%): Craft cocktail bars drive 50% volume through innovative shochu/gin serves, with AR mixology platforms training 10K bartenders worldwide.

This research report delivers actionable insights, data-driven analysis, and future-ready perspectives that enable informed decision-making, reduce market risks, and uncover growth opportunities across the industry

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