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

Report Code: PMI49519 | Publish Date: March 2024 | No. of Pages: 180

Global Liqueur Market By Type Overview

Introduction:

Liqueur Market was valued at US$ 114.2 Billion in 2024 and is projected to grow at a CAGR of 8.60% to reach US$ 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. 

Global Liqueur Market By Type Dynamics

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.

Global Liqueur Market By Type Segmentation

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:

The liqueur market accounted for US$ 114.2 Billion in 2024 and is estimated to be US$ 241.5 Billion by 2034 and is anticipated to register a CAGR of 8.60%. 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

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 – 2034

Market Segmentation

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.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

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 2020 to 2030. 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
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Liqueur Market By Type Key Players

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.

Global Liqueur Market By Type Company Profile

  • 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

Global Liqueur Market By Type Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Packaging
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Global Liqueur Market, By Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Neutrals/Bitters
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Creams
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Fruit Flavored
      • Overview
  5. Global Liqueur Market, By Packaging, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Glass
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • PET Bottle
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Metal Can
      • Overview
  6. Global Liqueur Market, Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Convenience Stores
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • On Premises
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Retailers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Supermarkets
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Liqueur Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Packaging, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Packaging, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Packaging, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Australia
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Packaging, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Packaging, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Packaging, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • South Africa
        • Central Africa
        • North Africa
  1. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • 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
    • Analyst Views
  2. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The Liqueur Market is segmented into type, packaging, distribution channel, and region.

Increasing social acceptance for consumption of alcohol and rising demand for premium liqueur products especially in developing countries across the globe are major factor driving growth of the global liqueur market.

By region, North America liqueur market accounted for major revenue share of the global liqueur market and is further anticipated to maintain its dominance over the forecast period.

The Key players operating in the Global Liqueur Market include 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.