Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Premium Alcohol Market - Forecasts from 2025 to 2030" report has been added to ResearchAndMarkets.com's offering.
The global premium alcohol market is estimated to attain a market size of US$950.838 billion by 2030, growing at a 9.76% CAGR from a valuation of US$596.767 billion in 2025. 
Premium alcohol is alcoholic beverages that are prepared with higher quality standards with the utilization of superior and high-quality ingredients, it involves refined production procedures and are typically aged or fermented for a longer time to enhance their taste and quality. The market of alcoholic beverages is witnessing growth due to diverse growth drivers such as the increase in the middle class with the increase in disposable income, which enhances their purchasing power which is enabling these consumers to spend on luxury alcoholic products.
Additionally, various wine-producing nations are investing in expanding their wine production to cater to the growing end-user demand. For instance, according to the International Organization of Vine and Wine, in 2024, Italy's wine production reached 44.1 million hectoliters, which represented a 15.1% growth over 2023's production, and the country accounted for 19.5% of the global production volume in the same year.
Market Trends
- Growing Disposable Income and Urbanization Drive Premium Alcohol Demand: Rising disposable income enhances consumers' ability to purchase high-quality and premium alcoholic beverages, significantly boosting the premium alcohol market. According to the U.S. Energy Information Administration, global per capita disposable income is projected to increase from $10,136 in 2022 to $10,677 in 2025, reaching $11,862 by 2030 and $13,116 by 2035. Additionally, the World Bank reported that 57% of the global population lived in urban areas in 2023, a figure expected to grow with the economic progress of major nations. This urbanization trend is anticipated to increase demand for wines for both personal and commercial purposes.
- North America's Robust Alcohol Market: The United States, a leading alcohol-consuming nation, is seeing growth in its outdoor culture due to improving living standards and a vibrant youth demographic. Bank of America data indicates that bar spending accounted for 4.8% of total restaurant expenditure, showing consistent growth. Notably, bar spending by baby boomers in the U.S. recorded a 4% year-on-year increase in January 2025.
Key Benefits of this Report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
Report Coverage:
- Historical data from 2022 to 2024 & forecast data from 2025 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 142 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $596.77 Billion |
| Forecasted Market Value (USD) by 2030 | $950.84 Billion |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
Company Profiling (Strategies, Products, Financial Information, and Key Developments)
- Diageo
- Pernod Ricard
- Tito's Handmade Vodka
- HITEJINRO America, Cerritos, CA
- Brown Forman Corporation
- Bacardi Limited
- Tanduay Distillers, Inc.
- Allied Blenders and Distillers Pvt. Ltd. (ABD)
- Alliance Global Group, Inc. (Emperador)
- Kaya Spirits
- Anheuser-Busch InBev SA/NV
- Constellation Brands, Inc.
Global Premium Alcohol Market Segmentation:
By Type
- Wine
- Beer
- Spirits
By Sales Channel
- On-Trade
- Off-Trade
By Distribution Channel
- Online
- Offline
By End-User
- Household Consumers
- Hospitality & Food Services
- Corporate & Event Buyers
- Duty-Free/Travel Retail
By Region
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
For more information about this report visit https://www.researchandmarkets.com/r/bxucb0
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
