Global Liqueurs Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Neutrals/Bitters, Creams, Fruit Flavored and Others.

By Distribution Channel;

Convenience Stores, On Premises, Retailers and Supermarkets.

By Packaging;

Glass, Pet Bottle, Metal Can and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn813097697 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Liqueurs Market (USD Million), 2021 - 2031

In the year 2024, the Global Liqueurs Market was valued at USD 139,601.21 million. The size of this market is expected to increase to USD 180,636.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.

The global liqueurs market has experienced significant growth in recent years, driven by evolving consumer preferences and a growing inclination towards premium and flavored alcoholic beverages. Liqueurs, characterized by their sweet and flavored profiles, have carved out a niche within the broader spirits industry. They are widely enjoyed both as standalone drinks and as key ingredients in cocktails, appealing to a diverse demographic of consumers seeking unique drinking experiences.

Key trends shaping the liqueurs market include increasing demand for artisanal and craft liqueurs, driven by consumers' growing appreciation for authenticity and quality ingredients. Moreover, the rise in cocktail culture globally has bolstered the market, with liqueurs serving as essential components in classic and innovative cocktail recipes. Health-conscious trends have also influenced the market, prompting the development of low-sugar and natural ingredient-based liqueurs to cater to health-conscious consumers without compromising on taste or quality.

Regionally, North America and Europe dominate the global liqueurs market, owing to established consumer preferences for premium spirits and a strong cocktail culture. However, Asia-Pacific is emerging as a lucrative market due to increasing disposable incomes, urbanization, and evolving consumer tastes. The market is expected to witness continued growth, driven by product innovation, expanding distribution channels, and strategic marketing initiatives aimed at capturing new consumer segments. As the market matures, stakeholders are focusing on sustainability practices and ethical sourcing to align with evolving consumer expectations and regulatory requirements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Packaging
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Liqueurs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Changing consumer preferences towards premium
        2. Increasing disposable incomes and urbanization.
        3. Growing demand for cocktails and mixed drinks.
      2. Restraints
        1. Stringent regulations and taxes on alcoholic beverages.
        2. Health concerns associated with alcohol consumption.
        3. Competition from non-alcoholic beverages.
      3. Opportunities
        1. Expansion into emerging markets with rising middle-class population.
        2. Innovation in flavors and packaging.
        3. Increasing trend towards craft and artisanal liqueurs
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Liqueurs Market, By Type, 2021 - 2031 (USD Million)
      1. Neutrals/Bitters
      2. Creams
      3. Fruit Flavored
      4. Others
    2. Global Liqueurs Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Convenience Stores
      2. On Premises
      3. Retailers
      4. Supermarkets
    3. Global Liqueurs Market, By Packaging, 2021 - 2031 (USD Million)
      1. Glass
      2. Pet Bottle
      3. Metal Can
      4. Others
    4. Global Liqueurs Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Diageo plc
      2. Pernod Ricard SA
      3. Beam Suntory Inc.
      4. Bacardi Limited
      5. Brown-Forman Corporation
      6. Campari Group
      7. Rémy Cointreau Group
      8. Mast-Jägermeister SE
      9. Lucas Bols N.V.
      10. DeKuyper Royal Distillers
  7. Analyst Views
  8. Future Outlook of the Market