Opportunities in the Americas Spirits Sector
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Americas Spirits Market Overview
The Americas spirits market size was valued at $155.35 billion in 2021. The market is projected to grow at a CAGR of more than 7% during 2021–2026. The Americas was the second-largest market in the global spirits sector in terms of both value sales and volume. Based on the relative performance of countries on multiple metrics, Canada, Chile, Panama, and the US were shortlisted as high-potential countries, projected high-value growth rates, and projected rising per capita value growth levels. Of the four high-potential countries, the US accounted for the largest market share. In 2021, hypermarkets & supermarkets was the leading distribution channel in the Americas spirits sector while rigid metal was the most used pack material.
Americas Spirits Market Outlook, 2021–2026 ($ Billion)
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The Americas spirits market research report brings together multiple data sources to provide a comprehensive overview of the Americas spirits sector. It includes a market overview, high-growth country analysis, top companies, key distribution channels, packaging formats, and case studies.
Market size (2021) | $155.35 billion |
CAGR (2021–2026) | >7% |
Forecast period | 2022-2026 |
Key Categories | · Vodka
· Rum · Gin and Genever · Liqueurs · Whiskey · Specialty Spirits · Tequila and Mezcal · Brandy · Flavored Alcoholic Beverages |
Key Distribution Channels | · Hypermarkets and Supermarkets
· Food and Drinks Specialists · Convenience Stores · Department Stores |
Key Packaging Materials | · Rigid Metal
· Glass · Rigid Plastics · Flexible Packaging · Paper and Board |
Key Companies | · Mark Anthony Brands International Unlimited Company
· Diageo plc · Anheuser-Busch InBev · Bacardi Ltd · Pernod Ricard |
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Americas Spirits Market Segmentation by Category
The key categories in the Americas spirits market are vodka, rum, gin and genever, liqueurs, whiskey, specialty spirits, tequila and mezcal, brandy, and flavored alcoholic beverages. In 2021, the whiskey category accounted for the largest value share, followed by flavored alcoholic beverages. The flavored alcoholic beverages category is expected to register the fastest value and volume CAGRs in the forecast period.
Americas Spirits Market Analysis by Categories, 2021–2026 (%)
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Americas Spirits Market Segmentation by Country
Canada, Chile, Panama, and the US were shortlisted as high potential countries in the region primarily due to their large spirits sector size, projected high-value growth rates, and projected rising per capita value growth levels. Among them, the US was the largest market in terms of value sales in 2021. Premiumization is a major trend in the US spirits market. Consumers are taking a greater interest in evaluating several product attributes to select what they perceive as the best-quality product.
Americas Spirits Market Segmentation by Distribution Channels
The key off-premise distribution channels in the Americas spirits market are hypermarkets and supermarkets, food and drinks specialists, convenience stores, department stores, and others. Hypermarkets and supermarkets was the leading distribution channel in the Americas Spirits sector in 2021.
Americas Spirits Market Analysis by Distribution Channels, 2021–2026 (%)
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Americas Spirits Market Segmentation by Packaging Materials
The key packaging materials in the Americas spirits market are rigid metal, glass, rigid plastics, flexible packaging, and paper and board. Rigid metal was the most widely used pack material.
Americas Spirits Market Analysis by Packaging Materials, 2021–2026 (%)
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Americas Spirits Market – Competitive Landscape
The key companies in the Americas spirits market are Mark Anthony Brands International Unlimited Company, Diageo plc, Anheuser-Busch InBev, Bacardi Ltd, and Pernod Ricard. The Mark Anthony Brands International Unlimited Company which offers products only in the flavored alcoholic beverages category led the spirits sector in the Americas in 2020.
Americas Spirits Market Analysis by Companies, 2021–2026 (%)
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Scope
This report provides:
- Sector size, market size, and growth analysis by category.
- Changing share of value consumption in the spirits categories across high-potential countries in the Americas region. It also provides Risk-Reward analysis of four countries across the Americas region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
- Overview, demographic analysis, and key trends across high-potential countries.
- Some of the most compelling spirits manufacturers, brands, products, and marketing campaigns in the Americas region. It also provides a better understanding of how a certain manufacturer achieved success in the sector and insights.
- Provides an overview of leading companies in the Americas region, besides analyzing the growth of private labels in the region.
- Analysis on the leading distribution channels in the Americas Spirits sector in 2021. It covers hypermarkets & supermarkets, convenience stores, food & drinks specialists, e-retailers, department stores, cash & carries & warehouse clubs, on-trade, and others.
- Percentage share and growth analysis for various pack materials, pack types, closure, and primary outer types based on the volume sales (by pack units) of spirits.
- The challenges and future outlook pertaining to the Americas Spirits sector.
Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail.
- This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country-specific nuances.
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region than can help companies in revenue expansion.
- To gain competitive intelligence about leading companies in the sector in the region with information about their market share and growth rates.
Diageo plc.
Anheuser-Busch InBev
Bacardi Ltd
Pernod Ricard
Table of Contents
Table
Figures
Frequently asked questions
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What was the Americas spirits market size in 2021?
The spirits market size in the Americas was valued at $155.35 billion in 2021.
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What is the Americas spirits market growth rate?
The spirits market in the Americas is projected to grow at a CAGR of more than 7% during the forecast period.
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What are the key categories in the Americas spirits market?
The key categories in the Americas spirits market are vodka, rum, gin and genever, liqueurs, whiskey, specialty spirits, tequila and mezcal, brandy, and flavored alcoholic beverages.
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What are the key distribution channels in the Americas spirits market?
The key distribution channels in the Americas spirits market are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and department stores.
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What are the key packaging materials in the Americas spirits market?
The key packaging materials in the Americas spirits market are rigid metal, glass, rigid plastics, flexible packaging, and paper and board.
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Which are the key companies in the Americas spirits market?
The key companies in the Americas spirits market are Mark Anthony Brands International Unlimited Company, Diageo plc, Anheuser-Busch InBev, Bacardi Ltd, and Pernod Ricard.
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