Crafts Spirit Market Report 2025 (Global Edition)

Global Crafts Spirit Market Report 2025 Market Size Split by Type (Whiskey, Vodka, Gin, Rum, Brandy, Liqueur), by Distribution Channel (On-trade, Off-trade), by Distiller (Large, Medium, Micro)

Crafts Spirit Market Report Description

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Crafts Spirit Market Insights Video

Competitive Landscape of the Crafts Spirit Market

The competitive landscape of the Integrated Crafts Spirit Market is characterized by established multinational corporations and a growing number of boutique distilleries. Large companies like Diageo, Pernod Ricard, and Beam Suntory dominate with extensive portfolios and global distribution networks. However, smaller craft distilleries are gaining prominence, offering unique, artisanal products that appeal to consumers seeking authenticity and quality. Competition revolves around product differentiation, brand reputation, and innovation in flavors and production techniques, shaping a dynamic and diverse market environment.

Recent Developments

In February 2022: Bruichladdich, Remy Cointreau's Islay Scotch whisky distiller, has launched the last release in its Octomore 12s series of single malts. This product is exclusively available through the company's website and distillery shop, with only 3,500 bottles produced. (Source: https://www.just-drinks.com/news/remy-cointreaus-bruichladdich-octomore-12s-ten-aged-years-single-malt-product-launch/)

In December 2021: United Spirits Limited, a wholly-owned subsidiary of Diageo PLC, introduced Diageo's limited edition Epitome Reserve in India. This version of Epitome Reserve is a peated single malt, featuring only 3,600 numbered bottles personally signed by master blender Mahesh Patil. (Source: https://www.hotelierindia.com/products/18699-diageo-india-launches-epitome-reserve-peated-single-malt)

Top Companies Market Share in Crafts Spirit Industry: (In no particular order of Rank)

• Beam Suntory (United States)
• Bacardi Limited (Bermuda)
• Diageo plc (United Kingdom)
• Pernod Ricard SA (France)
• Campari Group (Italy)
• Brown-Forman Corporation (United States)
• Rémy Cointreau Group (France)
• Sazerac Company (United States)
• William Grant & Sons Ltd. (United Kingdom)
• Edrington Group (United Kingdom)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Crafts Spirit Market

Which Region Dominates the Crafts Spirit Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue because of the area's robust consumer base with a strong preference for premium and artisanal products, fostering a culture of experimentation and appreciation for craft spirits. The region benefits from a diverse landscape of craft distilleries that cater to local tastes and preferences, supported by a mature distribution network and a growing trend towards cocktail culture and mixology, driving demand and market dominance.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is experiencing the fastest compound annual growth rate (CAGR) in the Integrated Crafts Spirit Market due to increasing urbanization, rising disposable incomes, and evolving consumer preferences towards premium and high-quality beverages. There is a growing interest in Western spirits and cocktail culture among the burgeoning middle class. Moreover, the region's expanding tourism sector and growing popularity of nightlife establishments contribute to the demand for diverse and premium craft spirits, fueling market growth at a rapid pace.

 

The current report Scope analyzes Crafts Spirit Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Crafts Spirit Market Analysis

According to Cognitive Market Research, the global Crafts Spirit market size was estimated at USD 21,584.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 8,633.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 27.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Crafts Spirit market with a market size of USD 6,811.97 million in 2024 and is projected to grow at a CAGR of 27.0% during the forecast period. The demand is amplified by the nation's increasing consumer interest in premium and artisanal products, which boosts demand for modern storage solutions.
• The Canada Crafts Spirit market had a market share of USD 1,036.04 million in 2024 and is projected to grow at a CAGR of 28.0% during the forecast period. Canada's robust consumer demand and a diverse range of applications to increased usage of Crafts Spirit.
• The Mexico Crafts Spirit market is projected to witness growth at a CAGR of 27.7% during the forecast period, with a market size of USD 785.6 million in 2024.

Europe Crafts Spirit Market Analysis

According to Cognitive Market Research, the global Crafts Spirit market size was estimated at USD 21,584.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 6,475.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Crafts Spirit market had a market share of USD 1,087.84 million in 2024 and is projected to grow at a CAGR of 28.3% during the forecast period. In the UK, Crafts Spirit sales witness an upswing due to the nation's rising consumer preference for high-quality, artisanal beverages.
• The France Crafts Spirit market is projected to witness growth at a CAGR of 26.7% during the forecast period, with a market size of USD 595.72 million in 2024.
• According to Cognitive Market Research, the Germany Crafts Spirit market size was valued at USD 1,282.10 million in 2024 and is projected to grow at a CAGR of 27.7% during the forecast period. In Germany, Crafts Spirit sales surged due to the rising consumer preference for high-quality, artisanal beverages.
• The Italy Crafts Spirit market is projected to witness growth at a CAGR of 26.9% during the forecast period, with a market size of USD 556.87 million in 2024.
• The Russia Crafts Spirit market is projected to witness growth at a CAGR of 26.5% during the forecast period, with a market size of USD 1,003.67 million in 2024.
• The Spain Crafts Spirit market is projected to witness growth at a CAGR of 26.6% during the forecast period with a market size of USD 530.97 million in 2024
• The Luxembourg Crafts Spirit market is projected to witness growth at a CAGR of 27.6% during the forecast period, with a market size of USD 200.73 million in 2024.
• The Portugal Crafts Spirit market is projected to witness growth at a CAGR of 27.3% during the forecast period, with a market size of USD 135.98 million in 2024.
• The Greece Crafts Spirit market is projected to witness growth at a CAGR of 27.8% during the forecast period, with a market size of USD 77.7 million in 2024.
• Rest of Europe's Crafts Spirit market is projected to witness growth at a CAGR of 26.2% during the forecast period, with a market size of USD 1,003.67 million in 2024.

Asia Pacific Crafts Spirit Market Analysis

According to Cognitive Market Research, the global Crafts Spirit market size was estimated at USD 21,584.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4,964.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Crafts Spirit market size was valued at USD 2,233.96 million in 2024 and is projected to grow at a CAGR of 30.5% during the forecast period. Crafts Spirit sales surge in China due to a growing interest in Western drinking cultures.
• The Japan Crafts Spirit market is projected to witness growth at a CAGR of 29.5% during the forecast period, with a market size of USD 685.08 million in 2024.
• The India Crafts Spirit market had a market share of USD 595.72 million in 2024 and is projected to grow at a CAGR of 32.8% during the forecast period. India's growing interest in Western drinking cultures augment the demand encourage adoption of automation technologies.
• The South Korea Crafts Spirit market is projected to witness growth at a CAGR of 30.1% during the forecast period, with a market size of USD 496.44 million in 2024.
• The Australia Crafts Spirit market is projected to witness growth at a CAGR of 30.7% during the forecast period, with a market size of USD 258.15 million in 2024.
• The South East Asia Crafts Spirit market is projected to witness growth at a CAGR of 32.0% during the forecast period, with a market size of USD 342.54 million in 2024.
• The Rest of Asia Pacific Crafts Spirit market is projected to witness growth at a CAGR of 30.8% during the forecast period, with a market size of USD 352.47 million in 2024.

South America Crafts Spirit Market Analysis

According to Cognitive Market Research, the global Crafts Spirit market size was estimated at USD 21,584.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 1,079.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Crafts Spirit market size was valued at USD 461.90 million in 2024 and is projected to grow at a CAGR of 29.0% during the forecast period. Crafts Spirit sales flourish in Brazil due to rich cultural heritage and tradition of artisanal production align well with the consumer shift towards premium and authentic spirits.
• Argentina Crafts Spirit market had a market share of USD 181.31 million in 2024 and is projected to grow at a CAGR of 29.3% during the forecast period. Argentina's Increasing urbanization, rising disposable incomes, and a burgeoning tourism sector augment the demand to drive innovation in the logistics industry.
• Colombia Crafts Spirit market is projected to witness growth at a CAGR of 28.2% during the forecast period with a market size of USD 96.05 million in 2024.
• Peru Crafts Spirit market is projected to witness growth at a CAGR of 28.6% during the forecast period with a market size of USD 88.50 million in 2024.
• Chile Crafts Spirit market is projected to witness growth at a CAGR of 28.7% during the forecast period with a market size of USD 77.70 million in 2024.
• The Rest of Latin America Crafts Spirit market is projected to witness growth at a CAGR of 27.5% during the forecast period, with a market size of USD 173.75 million in 2024.

Middle East Crafts Spirit Market Analysis

According to Cognitive Market Research, the global Crafts Spirit market size was estimated at USD 21,584.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 431.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.7% from 2024 to 2031.

• The GCC Countries Crafts Spirit market is projected to witness growth at a CAGR of 29.5% during the forecast period with a market size of USD 184.76 million in 2024. Crafts Spirit sales flourish due to increasing urbanization, expanding tourism, and a rising consumer interest in premium and luxury products.
• The Egypt Crafts Spirit market is projected to witness growth at a CAGR of 29.0% during the forecast period, with a market size of USD 45.33 million in 2024.
• The South Africa Crafts Spirit market is projected to witness growth at a CAGR of 29.7% during the forecast period, with a market size of USD 68.21 million in 2024. Crafts Spirit sales flourish in South Africa due to rising consumer interest in premium and luxury products.
• The Turkey Crafts Spirit market is projected to witness growth at a CAGR of 28.2% during the forecast period, with a market size of USD 37.12 million in 2024.
• The Nigeria Crafts Spirit market is projected to witness growth at a CAGR of 27.8% during the forecast period, with a market size of USD 45.33 million in 2024.
• The Rest of MEA Crafts Spirit market is projected to witness growth at a CAGR of 27.7% during the forecast period, with a market size of USD 50.94 million in 2024.

Crafts Spirit Market Analysis

Crafts Spirit Market Type Segment Analysis

According to Cognitive Market Research, Whiskey stands out as the dominating category. Whiskey type spirits have captured the largest market share in the Integrated Crafts Spirit Market due to their longstanding popularity, rich heritage, and global appeal. Consumers value the diverse range of flavors, aging processes, and regional variations offered by whiskey. This type of spirit resonates with a wide demographic, from traditional whiskey enthusiasts to newer consumers exploring craft variations. Additionally, the prestige associated with aged and premium whiskey contributes to its dominance in the craft spirits market worldwide.

Vodka type spirits are experiencing the highest compound annual growth rate (CAGR) in the Integrated Crafts Spirit Market due to several factors. Vodka's versatility in cocktails, neutral taste profile, and ability to blend well with various flavors appeal to a broad range of consumers. There is also a rising trend towards premium and craft vodkas, driven by increasing consumer interest in unique and artisanal products. Additionally, vodka's popularity in emerging markets and its perceived health benefits contribute to its rapid market growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Crafts Spirit Industry. Request a Free Sample PDF!

Crafts Spirit Market Distribution Channel Analysis

According to Cognitive Market Research, the dominating distribution channel is On-trade. The On-trade distribution channel has captured the largest market share in the Integrated Crafts Spirit Market due to its prevalence in bars, restaurants, and hotels where craft spirits are prominently featured in cocktails and premium drink menus. This channel benefits from direct consumer engagement, providing opportunities for tastings, mixology events, and personalized recommendations. Moreover, on-trade establishments often prioritize unique and high-quality spirits, aligning with consumer preferences for experiential dining and socializing, thereby driving significant sales and market dominance.

The Off-trade distribution channel is experiencing the highest compound annual growth rate (CAGR) in the Integrated Crafts Spirit Market due to shifts in consumer behavior towards convenience and online shopping. Off-trade channels include retail outlets such as liquor stores, supermarkets, and online platforms, which offer a wide selection of craft spirits for purchase. This channel benefits from increased consumer awareness, expanded product availability, and promotional activities that cater to at-home consumption trends, contributing to its rapid growth in the market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Crafts Spirit Distiller Segment Analysis

According to Cognitive Market Research, the dominating distiller is Large. Large distillers have captured the largest market share in the Integrated Crafts Spirit Market due to their extensive resources, established distribution networks, and brand recognition. These companies benefit from economies of scale, allowing them to produce and distribute craft spirits efficiently while maintaining competitive pricing. Additionally, their ability to invest in marketing, innovation, and consumer education initiatives enhances brand visibility and consumer trust. This strategic advantage positions large distillers as key players in meeting diverse consumer preferences and dominating market segments within the craft spirits industry.

Micro distillers are experiencing the highest compound annual growth rate (CAGR) in the Integrated Crafts Spirit Market due to several factors. Consumers increasingly favor authenticity, uniqueness, and locally sourced products, which micro distillers specialize in. These small-scale producers innovate with flavors, production techniques, and sustainable practices, catering to niche markets and appealing to discerning consumers seeking premium and artisanal spirits. Moreover, direct-to-consumer sales, craft distillery tours, and personalized customer experiences enhance brand loyalty and contribute to the rapid growth of micro distillers in the market.

• Large
• Medium
• Micro

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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