According to Cognitive Market Research, the global Crafts Spirit market size is USD 21,584.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 29.00% from 2024 to 2031.
North America held the major market share for 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.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6,475.26 million.
Asia Pacific held a market share 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.
Latin America had a market share for 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.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at 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 Whiskey Type held the highest Crafts Spirit market revenue share in 2024.
