U.S. Liqueur Market Size, Share, By Type (Neutrals/Bitters, Creams, and Fruit Flavored), By Packaging (Glass, PET Bottle, and Metal Can), By Distribution Channel (Convenience Stores, On-premises, Retailers, and Supermarkets) - Trends, Analysis and Forecast till 2034

Report Code: PMI530124 | Publish Date: June 2024 | No. of Pages: 168

Us. Liqueur Market Overview

U.S. liqueur Market Size was valued at 19.13 billion in 2024 and is projected to grow at a CAGR of 8.6% to reach US$ 40.45 billion by 2034

The US liqueur market stands as a vibrant reflection of the country's diverse cultural landscape and dynamic consumer preferences. With a rich tapestry of flavors and a penchant for innovation, the US market offers a kaleidoscope of liqueur options to cater to the eclectic tastes of American consumers. In addition to its reputation for creativity and experimentation, the US market is characterized by its vibrant cocktail culture and the widespread popularity of mixology as both a profession and a hobby.

Us. Liqueur Market Dynamics

Key Drivers of Target Market:

Craft Distilling Boom

The US liqueur market is experiencing a renaissance driven by the craft distilling boom sweeping across the country. Small-batch distilleries are cropping up in urban centers and rural communities alike, producing artisanal liqueurs with a focus on quality, flavor, and authenticity. Craft liqueurs made from locally sourced ingredients, innovative flavor combinations, and unique production methods are gaining traction among consumers seeking distinctive and memorable drinking experiences. This surge in craft distilling not only fuels consumer interest in premium and artisanal liqueurs but also contributes to the revitalization of local economies and communities.

Cocktail Culture and Mixology Trends

Another driving factor in the US liqueur market is the thriving cocktail culture and evolving mixology trends. From speakeasy-style bars in major cities to home bartending enthusiasts experimenting with new concoctions, cocktails have become more than just drinks—they're experiences. Liqueurs play a vital role in the creation of complex and flavorful cocktails, adding depth, sweetness, and character to classic and innovative recipes alike. As consumers become more adventurous in their drinking habits, there's a growing demand for unique liqueurs that can elevate the craft cocktail experience. This trend not only drives sales of liqueurs but also fosters creativity and collaboration within the industry as mixologists and bartenders push the boundaries of flavor and technique. In response, liqueur producers are innovating with new flavors, packaging formats, and marketing strategies to capitalize on the growing popularity of cocktails and cater to the diverse tastes of cocktail enthusiasts across the country.

Restrains:

Regulatory Complexity and Market Fragmentation

One of the challenges facing the US liqueur market is regulatory complexity and market fragmentation, stemming from the country's decentralized regulatory framework and diverse consumer preferences. Each state has its own set of regulations governing the production, distribution, and sale of alcoholic beverages, creating a patchwork of rules and requirements that can be difficult for producers to navigate. Additionally, cultural attitudes towards alcohol consumption vary widely across regions, with some states imposing stricter regulations on advertising, promotion, and consumption of alcoholic beverages. This regulatory complexity can pose barriers to market entry and hinder the growth of small and mid-sized producers seeking to expand their reach beyond state borders.

Us. Liqueur Market Segmentation

The market is segmented based on Type, Packaging, and Distribution Channel.

U.S. liqueur Market Report Scope:

Attribute

Details

Market Size 2024

US$ 19.13 billion

Projected Market Size 2034

US$ 40.45 billion

CAGR Growth Rate

8.6%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Neutrals/Bitters, Creams, and Fruit Flavored

By Packaging - Glass, PET Bottle, and Metal Can

By Distribution Channel - Convenience Stores, On-Premises, Retailers, and Supermarkets

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study segmented the U.S. liqueur Market report based on Type, packaging, Distribution Channel, and Country:

Segmentation:

By Type:

  • Neutrals/Bitters
  • Creams
  • Fruit Flavored     

By Packaging:

  • Glass
  • PET Bottle
  • Metal Can

By Distribution Channel:

  • Convenience Stores
  • On Premises
  • Retailers
  • Supermarkets

Us. Liqueur Market Key Players

The key players operating the U.S. liqueur Market include The Albany Distilling Company, Inc., WORLDWIDE BEVERAGE GROUP, GERARD DISTILLING COMPANY, Spike Brewing, Davide Campari-Milano S.p.A., Girolamo Luxardo S.p.A, LUCAS BOLS B.V., and Mast-Jägermeister SE

Us. Liqueur Market Company Profile

  • The Albany Distilling Company, Inc, Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • WORLDWIDE BEVERAGE GROUP
  • GERARD DISTILLING COMPANY
  • Spike Brewing
  • Davide Campari-Milano S.p.A., Ltd.
  • Girolamo Luxardo S.p.A
  • LUCAS BOLS B.V., INC.
  • Mast-Jägermeister SE

“*” marked represents similar segmentation in other categories in the respective section.

Us. Liqueur Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Packaging
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Country
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Neutrals/Bitters
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Creams
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Fruit Flavored
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Packaging, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Glass
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • PET Bottle
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Metal Can
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Distribution Channel, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Convenience Stores
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • On Premises
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Retailers
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Supermarkets
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Country, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Country Trends

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
    • The Albany Distilling Company, Inc
    • WORLDWIDE BEVERAGE GROUP
    • GERARD DISTILLING COMPANY
    • Spike Brewing
    • Davide Campari-Milano S.p.A., Ltd.
    • Girolamo Luxardo S.p.A
    • LUCAS BOLS B.V., Inc.
    • Mast-Jägermeister SE

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The U.S. liqueur Market is segmented into Type, Packaging, and Distribution Channel.

Craft Distilling Boom and Cocktail Culture and Mixology Trends.

The key players operating the U.S. liqueur Market includes The Albany Distilling Company, Inc, WORLDWIDE BEVERAGE GROUP, GERARD DISTILLING COMPANY, Spike Brewing, Davide Campari-Milano S.p.A., Ltd., Girolamo Luxardo S.p.A, LUCAS BOLS B.V., INC., and Mast-Jägermeister SE.