Concerning the eight selected segments, the segment Whisky has the largest combined revenue with 1.8 billion U.S. dollars. Contrastingly, Rum is ranked last, with 121.83 million U.S. dollars. Their difference, compared to Whisky, lies at 1.6 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Spirits market includes alcoholic beverages that have been produced through the distillation of wine, fermented fruits, or grains. Due to the distillation process, the alcohol content of spirits is much higher than that of most wines and beers, typically ranging from 20% to 50% alcohol by volume (ABV).
Structure:
The Spirits market is divided into 8 markets:
The Whisky market encompasses spirits on a grain basis that have been aged in wooden casks for a duration of at least three years.
The Vodka market encompasses spirits based on grain and/or potatoes.
The Rum market encompasses spirits based on sugar cane.
The Gin market encompasses spirits based on juniper berries.
The Brandy market encompasses spirits based on fermented fruit juice.
The Tequila market encompasses spirits made primarily from the blue agave plant (Agave tequilana) in Mexico.
The Soju market encompasses the Korean distilled beverage, Soju, which is traditionally made from rice, barley, or sweet potatoes.
The Liqueurs & Other Spirits market encompasses all other spirits not previously mentioned as well as Ready-to-Drink (RTD) cocktails.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
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Statista. (June 14, 2024). Revenue of the spirits market in Australia in 2023, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/forecasts/1452293/australia-spirits-market-revenue-by-segment
Statista. "Revenue of the spirits market in Australia in 2023, by segment (in million U.S. dollars)." Chart. June 14, 2024. Statista. Accessed October 15, 2024. https://www.statista.com/forecasts/1452293/australia-spirits-market-revenue-by-segment
Statista. (2024). Revenue of the spirits market in Australia in 2023, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/forecasts/1452293/australia-spirits-market-revenue-by-segment
Statista. "Revenue of The Spirits Market in Australia in 2023, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 14 Jun 2024, https://www.statista.com/forecasts/1452293/australia-spirits-market-revenue-by-segment
Statista, Revenue of the spirits market in Australia in 2023, by segment (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1452293/australia-spirits-market-revenue-by-segment (last visited October 15, 2024)
Revenue of the spirits market in Australia in 2023, by segment (in million U.S. dollars) [Graph], Statista, June 14, 2024. [Online]. Available: https://www.statista.com/forecasts/1452293/australia-spirits-market-revenue-by-segment