PROSPECTS AND OPPORTUNITIES
Premiumisation and wellness trends to drive future development
The outlook for fine wines/champagne and spirits in Spain is positive, with a predicted current value CAGR of 5% (2025 constant value CAGR of 3%), in addition to a 2% retail volume CAGR. The category is poised to experience significant shifts over the forecast period, driven by evolving consumer preferences and broader societal trends.
Luxury brands to adopt sustainability and mindful drinking strategies
Leading companies in fine wines/champagne and spirits in Spain are expected to concentrate on integrating sustainability and mindful drinking into their core strategies. Given the ongoing health-conscious trend among Spanish consumers, brands are likely to expand their portfolio of low/non alcohol variants, aligning with the preference for moderation without compromising luxury.
Rising demand for premium drinks to drive off-trade sales growth
The shift towards home consumption of fine wines/champagne and spirits in Spain is expected to continue gaining momentum over the forecast period. While the on-trade channel has traditionally been the primary platform for the introduction and showcasing of the latest innovations in these categories, a growing consumer preference for at-home enjoyment is increasingly influencing market dynamics.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Fine Wines/Champagne and Spirits industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Fine Wines/Champagne and Spirits in Spain report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Fine Wines/Champagne and Spirits in Spain?
- Which are the leading brands in Fine Wines/Champagne and Spirits in Spain?
- How are products distributed in Fine Wines/Champagne and Spirits in Spain?
- How important is tourism in evaluating demand for Fine Wines/Champagne and Spirits in Spain?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
- Where is future growth expected to be most dynamic?
Fine Wines/Champagne and Spirits in Spain - Category analysis
KEY DATA FINDINGS
Resilient performance as consumers look to indulge with premium beverages
Highly fragmented competitive landscape dominated by smaller players
Local producers look to export markets to increase reach
Premiumisation and wellness trends to drive future development
Luxury brands to adopt sustainability and mindful drinking strategies
Rising demand for premium drinks to drive off-trade sales growth
Luxury Goods in Spain - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
DISCLAIMER
The following categories and subcategories are included:
Fine Wines/Champagne and Spirits
-
- Fine Champagne
- Other Fine Wine
-
- Luxury Brandy and Cognac
- Luxury Whiskies
- Other Luxury Spirits
Fine Wines/Champagne and Spirits
This is the aggregation of fine wines and luxury spirits.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Fine Wines/Champagne and Spirits research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!