PROSPECTS AND OPPORTUNITIES
Affluent consumers will drive demand for premium drinks, although mindful drinking evident
Fine wines/champagne and spirits is expected to sustain its growth trajectory, with a projected current value compound annual growth rate (CAGR) of 4% (a 2025 constant value CAGR of 2%) over the forecast period. The premiumisation trend is anticipated to persist from 2025 to 2030, driven by consumers' increasing desire for high-quality, artisanal, and craft beverages.
Luxury spirits brands to drive sustainability and storytelling
From 2025 to 2030, leading companies in fine wines/champagne and spirits in the US are expected to prioritise sustainable production practices, and technology-driven consumer engagement. Sustainability will play a more important role, particularly as climate change increasingly impacts provenance-associated categories like champagne and mezcal.
Rising home consumption expected to drive growth as consumers seek to entertain at home
The shift towards consuming fine wines/champagne and spirits at home in the US is anticipated to continue gaining momentum between 2025 and 2030, fuelled by changing consumer preferences and broader societal trends. Historically, innovations in fine wines/champagne and spirits were showcased in on-trade channels, such as restaurants, bars, and hotels; however, off-trade retail is increasingly emerging as a crucial platform for these premium products.
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Overview:
Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in USA 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 USA, 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 USA 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 USA?
- Which are the leading brands in Fine Wines/Champagne and Spirits in USA?
- How are products distributed in Fine Wines/Champagne and Spirits in USA?
- How important is tourism in evaluating demand for Fine Wines/Champagne and Spirits in USA?
- 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 the US - Category analysis
KEY DATA FINDINGS
Growth in fine wines/champagne and spirits as consumers seek authenticity
Luxury players drive growth with premium and sustainable offerings
Growing demand for premium limited-edition alcoholic drinks drives growth
Affluent consumers will drive demand for premium drinks, although mindful drinking evident
Luxury spirits brands to drive sustainability and storytelling
Rising home consumption expected to drive growth as consumers seek to entertain at home
Luxury Goods in the US - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Fine Wines/Champagne and Spirits
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- Fine Champagne
- Other Fine Wine
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- 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.
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