Liqueur Market, By Type (Neutrals/Bitters, Creams, and Fruit Flavored), By Packaging (Glass, PET Bottle, and Metal Can), By Distribution Channel (Convenience Stores, On Premises, Retailers, and Supermarkets), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034

Liqueur Market was valued at USD 114.2 Billion in 2024 and is projected to grow at a CAGR of 8.6% to reach USD 241.5 Billion by 2034.

Liqueur is an alcoholic beverage flavored variously by herbs, fruits, spices, flowers, nuts or cream combined with distilled spirits. Liqueur often served with or after dessert. They are highly un-aged sweets. Liqueur generally contains lower alcohol content than liquors, due to watering down effect of adding sweetener and flavor in the former. Both liqueurs and liquors have a range of alcohol content. Most liquor is in the 40 to 55 % range of alcohol by volume (ABV), or 80 to 110. Liqueurs typically contain more ingredients so, the alcohol content is generally lower, from 15 to 30 percent ABV or 30 to 60 proofs. Liqueur is often served with or after dessert, they are typically heavily sweetened and un-aged beyond a resting period during production, when necessary, for their flavors to mingle. Some of the liqueurs are prepared by infusing certain woods, fruits, or flowers in either water or alcohol and adding sugar or other items. It is sometimes added into cocktails to enhance flavor. Layered drinks are made by floating different-colored liqueurs in separate layer, each layer is prepared by pouring liqueur. 

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Rising disposable income of people

Increasing social acceptance for consumption of alcohol in some culture and rising demand for premium liqueur products especially developing countries are major factors propelling growth of the global liqueur market. In addition, rising disposable income and growing demand for beverages with low alcohol content among individuals are other factors expected to fuel growth of the global liqueur market over the forecast period. Furthermore, introduction of different blends of liqueurs by manufactures is expected to boost growth of the global liqueur market in next few years. Moreover, changing lifestyle patterns, rising disposable income, and demand for beverages with low alcohol content among adults are another factor expects to fuel growth of the global liqueur market in the near future. Innovative packaging plays a vital role in attracting the consumers is expected to create lucrative opportunity for the players in the global liqueur market over the forecast period.

However, lack of penetration of liqueurs in the emerging countries is a factor expected to restrain growth of global liqueur market over the forecast period. Increasing competition in the global liqueur market is likely to lead to reduction in the product prices, which in turn expected to affect profit margins which may hamper the target market growth.

The liqueur market is segmented based on type, packaging, distribution channel, and region.

On the basis of type, the liqueur market is segmented into neutrals/bitters, creams, and fruit flavored. On the basis of packaging, the global market is segmented into glass, PET bottle, and metal can. On the basis of distribution channel, the global market is segmented into convenience stores, on premises, retailers, and supermarkets.

Regional Insights:

On region the global liqueur market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is expected to account for major revenue share in the global liqueur market, followed by markets in another region. This is attributed to presence of well-established liqueurs brands in the countries in the region. Social acceptance for consumption of alcohol and presence of prominent players operating, particularly in countries are some major factors expected to support growth of the North America market over the forecast period. Europe liqueur market accounted for second-highest market share in the global market followed by Asia Pacific

Liqueur Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global liqueur market report based on type, packaging, distribution channel and region.

Liqueur Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the liqueur market includes Bacardi Limited, Beam Suntory Inc., Brown-Forman Corporation, Diageo Plc, Davide Campari-Milano S.p.A., Girolamo Luxardo S.p.A, Lucas Bols B.V., Mast-Jägermeister SE, Pernod Ricard SA, and Remy Cointreau SA.

Brown Forman Corporation:

One of the oldest registered distilleries in USA and individual whiskey brand. Chambord is a super-premium black raspberry liqueur crafted with 100% natural ingredients in France.

• Bacardi Limited.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Beam Suntory Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Brown-Forman Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Diageo Plc
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Davide Campari-Milano S.p.A.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Girolamo Luxardo S.p.A
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Lucas Bols B.V.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Mast-Jägermeister SE
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Pernod Ricard SA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
• Remy Cointreau SA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview