Liqueur Market Is Projected To Grow At A CAGR Of 3.19% And Reach USD 170.9 Billion By The End of 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Liqueur Market” that contains information from 2023 to 2032. The Global Liqueur Market is estimated to register a CAGR of 3.19% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Global Liqueur Market— E & J Gallo, William Grant & Sons, Boston BeerMiller Coors, Diageo, Treasury Wine Estates, Jose Cuervo, Constellation Brands, Beam-Suntory, Mast-Jaegermeister, Bacardi, Pernod RicardEdrington Group.

Liqueur Market Highlights

Global Liqueur Market is accounted to register a CAGR of 3.19% during the forecast period and is estimated to reach USD 170.9 Billion by 2032.

Liqueur refers to a type of alcoholic beverage that is flavored and sweetened. It is typically made by combining distilled spirits, such as vodka, rum, or brandy, with various flavorings, such as fruits, herbs, spices, or other natural extracts. Liqueurs are often enjoyed as aperitifs, digestives, or as ingredients in cocktails and mixed drinks. They possess a wide range of flavors, colors, and alcohol content, and their sweet taste is achieved through the addition of sugars or syrups. Liqueurs are known for their distinct and often complex flavor profiles, adding depth and richness to beverages and serving as indulgent treats on their own.

Segment Analysis

The Global Liqueur Market has been segmented based on Type, and Distribution Channel.

Based on Type, the market is segmented into Coffee, Fruit, Creme & Cream, Herbs & Spices, Chocolate, And Others. The Fruit Liqueur category dominates the Liqueur market due to its wide range of flavors, versatility in cocktails, and popularity among consumers seeking fruity and refreshing beverage options.

Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Retail, Food Service, Specialty Stores, And Others. The Specialty Stores category dominates the Liqueur market due to its extensive selection, knowledgeable staff, and focus on providing a wide range of unique and high-quality liqueur options to discerning consumers.

Regional Analysis

The Global Liqueur Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Liqueur Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Liqueur Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Liqueur Market comprises of Middle East, Africa, and Latin America.

The North American liqueur market is poised to dominate, driven by Canada's increasing acceptance of traditional alcopops like Hooch, Alize, and WKD, which contribute to industry growth. In the U.S., the rising consumption of liqueurs and korn fuels the country's market share, further boosted by the convenience of accessing liqueurs and spirits at home grocery stores.

Europe's liqueur market holds the second-largest market share, propelled by significant customer demand for chocolate liqueur-based confectionery and culinary products. Within Europe, the German market leads with the largest share, while the UK market demonstrates the fastest growth in the region.

The Asia-Pacific Liqueur Market is projected to exhibit the fastest compound annual growth rate (CAGR) from 2023 to 2032. This growth can be attributed to the region's expanding population. Moreover, China dominates the liqueur market with the largest market share, while the Indian market displays the most rapid growth in the Asia-Pacific region.

Key Findings of the Study

• The Global Liqueur Market is expected to reach USD 170.9 Billion by 2032, at a CAGR of 3.19% during the forecast period.


• The North American liqueur market is set to dominate, driven by the rising trend in Canada towards embracing traditional alcopops like Hooch, Alize, and WKD, which will contribute to industry growth. In the U.S., the growing consumption of liqueurs and korn fuels the country's market share, facilitated by convenient access to these products at local grocery stores, further boosting market growth.


• Based on the Type, the Market has been segmented into Fruit holding the largest market in 2023.


• E & J Gallo, William Grant & Sons, Boston BeerMiller Coors, Diageo, Treasury Wine Estates, Jose Cuervo, Constellation Brands, Beam-Suntory, Mast-Jaegermeister, Bacardi, Pernod RicardEdrington Group.