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Craft Spirits Market to Surge with 9.55% Growth by 2030, Driven by Premiumization and Cocktail Culture.
ByAinvest
Friday, Aug 1, 2025 4:17 am ET1min read
The global craft spirits market is expected to surge with a 9.55% growth rate from 2025 to 2030, driven by premiumization, cocktail culture, and rising disposable incomes. The market is projected to reach USD 51.931 billion by 2030, up from USD 32.919 billion in 2025. Key growth is seen in North America, fueled by consumer demand for unique, sustainable products. Key players include Diageo, Pernod Ricard, and Constellation Brands.
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