The global brandy market size was estimated at USD 22.12 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030. The advancements in distillation techniques and the introduction of innovative ingredients have resulted in improvements in the resilience and excellence... Read More »
April 2024The UK nicotine pouches market size was estimated at USD 268.4 million in 2023 and is expected to grow at a CAGR of 38.9% from 2024 to 2030. Growing awareness among the U.K. population regarding tobacco-free products will stimulate the demand for nicotine pouches in the country. ... Read More »
April 2024The U.S. nicotine pouches market size was estimated at USD 988.4 million in 2023 and is expected to grow at a CAGR of 33.6% from 2024 to 2030. Growing awareness among consumers about the risks associated with smoking has compelled many smokers to switch to nicotine pouches. Data released... Read More »
April 2024The Europe draught beer market size was estimated at USD 18.47 billion in 2023 and is expected to grow at CAGR of 4.4% from 2024 to 2030. The beer that is served on tap and not in pre-packaged form usually, known as draught beer is one of the popular beverages in the region. The product ... Read More »
March 2024The U.S. draught beer market size was estimated at USD 10.04 billion in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030. The draught beer is usually served through tap and poured in glasses and mugs directly for consumption. Consumers at clubs, pubs, bars, restaurants, ... Read More »
March 2024The UK roll-your-own tobacco products market size was estimated at USD 4.32 billion in 2023 and is expected to grow at a CAGR of 4.3% from 2024 to 2030.The notable rise in tobacco product usage among millennials is responsible for the market's progress. The main factors propelling t... Read More »
March 2024The U.S. roll-your-own tobacco products market size was estimated at USD 3.01 billion in 2023 and is expected to grow at a CAGR of 4.1% from 2024 to 2030. The market for roll-your-own (RYO) tobacco products has been driven by consumers' increased preference for hand-rolled or handcrafted... Read More »
March 2024The U.S. ready to drink cocktails market size was estimated at USD 229.3 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 15.2% from 2024 to 2030. Rising consumer awareness about the health benefits associated with these beverages has fueled the demand f... Read More »
March 2024The global tobacco market size was estimated at USD 886.09 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2030 due to the rising tobacco consumption in the developing regions of Asia and Africa. The excessive marketing campaigns run b... Read More »
February 2024The global hangover cure products market size was estimated at USD 2.34 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.9% from 2024 to 2030. The increasing consumption of alcohol across the world is one of the key factors fueling the demand for hang... Read More »
January 2024The global hard seltzer market size was valued at USD 18.97 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.9% from 2024 to 2030. The surge in market demand for low-alcohol content beverages among millennials and the younger generation is propelled b... Read More »
January 2024The global non-alcoholic beverages market size was estimated at USD 1,223.93 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. With the growing acceptance of the no-alcohol and low-alcohol categories by consumers, manufacturers in ... Read More »
January 2024The global luxury cigar market size was estimated at USD 13.34 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. The market growth is mainly driven due to a rise in demand for luxury cigars among premium smokers and millennials.... Read More »
November 2023The U.S. hangover cure products market size was estimated at USD 393.2 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.3% from 2023 to 2030. The rising demand for effective remedies to alleviate alcohol-induced discomfort, along with consumers s... Read More »
October 2023The global wine cork market size was valued at USD 5.7 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2028. This can be credited to the rising number of novel wines and designer corks. ... Read More »
September 2023The global rum market size was valued at USD 11.77 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Factors such as increasing consumer interest and expanding cocktail culture are expected to drive the industry growth globally. Pr... Read More »
August 2023The global ready to drink cocktails market size was estimated at USD 853.2 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.0% from 2023 to 2030. The growing demand for flavored drinks with low alcohol content due to the rising health concerns is anti... Read More »
August 2023The global canned alcoholic beverages market size was valued at USD 14.62 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 19.1% from 2023 to 2030. Canned alcoholic beverages are gaining popularity among consumers since cans are more convenient, portable... Read More »
August 2023The global snus market size was estimated at USD 2.90 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The rising popularity of snus as a result of the ease of the application it provides to its users is a major factor driving th... Read More »
July 2023The global premium spirit market size to be valued at USD 235.74 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% during the forecast period. The growing popularity of high-end drinks among the millennial population has been fueling market growth a... Read More »
July 2023