Luxury Wines & Spirits Industry Outlook: Market Size, Drivers, and Competitive Landscape
The Luxury Wines and Spirits Market recorded an estimated size of USD 867.9 billion in 2024, indicating robust market fundamentals. Forecasts suggest continued expansion, with the industry expected to grow from USD 913.46 billion in 2025 to USD 1,523.75 billion by 2035. This steady rise represents a CAGR of 5.25% over the 2025–2035 forecast period, driven by premium consumption trends and...
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