Spirits market worldwide - statistics & facts
Like the rest of the alcoholic beverages market, spirits are recovering from the downturn caused by the pandemic and inflation in the wake of the Ukraine war. Spirits are well poised to continue their growth. The world's largest alcohol markets, China and the United States are both great lovers of the beverage. By 2027, the size of the global alcoholic beverage market is expected to reach about two trillion U.S. dollars. The spirits market will account for almost a third of the overall market.
