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Scandinavia Spirits Market Summary and Forecast

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    Report

  • 42 Pages
  • December 2023
  • Region: Denmark, Norway, Sweden
  • MarketLine
  • ID: 5934927
Spirits in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whiskey. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
  • The Scandinavian Spirits market had total revenues of $ 5.50 billion in 2022, representing a compound annual growth rate (CAGR) of 2% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 1.1% between 2017 and 2022, to reach a total of 169.1 million liters in 2022.
  • The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.5% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $ 7.18 billion by the end of 2027.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spirits market in Scandinavia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spirits market in Scandinavia
  • Leading company profiles reveal details of key spirits market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Scandinavia spirits market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Scandinavia spirits market by value in 2022?
  • What will be the size of the Scandinavia spirits market in 2027?
  • What factors are affecting the strength of competition in the Scandinavia spirits market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Scandinavia's spirits market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Scandinavian spirits market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the Scandinavian spirits market?
8 Company Profiles
8.1. Diageo plc
8.2. Anora Group Plc
8.3. Royal Unibrew AS
8.4. Bacardi Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Scandinavia spirits market value: $ million, 2017-22
Table 2: Scandinavia spirits market volume: million liters, 2017-22
Table 3: Scandinavia spirits market category segmentation: % share, by volume, 2017-2022
Table 4: Scandinavia spirits market category segmentation: million liters, 2017-2022
Table 5: Scandinavia spirits market geography segmentation: $ million, 2022
Table 6: Scandinavia spirits market distribution: % share, by volume, 2022
Table 7: Scandinavia spirits market value forecast: $ million, 2022-27
Table 8: Scandinavia spirits market volume forecast: million liters, 2022-27
Table 9: Scandinavia spirits market share: % share, by volume, 2022
Table 10: Diageo plc: key facts
Table 11: Diageo plc: Annual Financial Ratios
Table 12: Diageo plc: Key Employees
Table 13: Diageo plc: Key Employees Continued
Table 14: Anora Group Plc: key facts
Table 15: Anora Group Plc: Annual Financial Ratios
Table 16: Anora Group Plc: Key Employees
Table 17: Royal Unibrew AS: key facts
Table 18: Royal Unibrew AS: Annual Financial Ratios
Table 19: Royal Unibrew AS: Key Employees
Table 20: Bacardi Limited: key facts
Table 21: Bacardi Limited: Key Employees
Table 22: Scandinavia exchange rate, 2018-22
List of Figures
Figure 1: Scandinavia spirits market value: $ million, 2017-22
Figure 2: Scandinavia spirits market volume: million liters, 2017-22
Figure 3: Scandinavia spirits market category segmentation: million liters, 2017-2022
Figure 4: Scandinavia spirits market geography segmentation: % share, by value, 2022
Figure 5: Scandinavia spirits market distribution: % share, by volume, 2022
Figure 6: Scandinavia spirits market value forecast: $ million, 2022-27
Figure 7: Scandinavia spirits market volume forecast: million liters, 2022-27
Figure 8: Forces driving competition in the spirits market in Scandinavia, 2022
Figure 9: Drivers of buyer power in the spirits market in Scandinavia, 2022
Figure 10: Drivers of supplier power in the spirits market in Scandinavia, 2022
Figure 11: Factors influencing the likelihood of new entrants in the spirits market in Scandinavia, 2022
Figure 12: Factors influencing the threat of substitutes in the spirits market in Scandinavia, 2022
Figure 13: Drivers of degree of rivalry in the spirits market in Scandinavia, 2022
Figure 14: Scandinavia spirits market share: % share, by volume, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Diageo plc
  • Anora Group Plc
  • Royal Unibrew AS
  • Bacardi Limited