The global Citrus Alcohol Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Product (Beer, Spirits, Wine), By Packaging (Glass Bottles, Tins, Plastic Bottles), By End-User (Modern Trade, Specialty Stores, Convenience Stores, Restaurants, Online, Others)
The citrus alcohol market in 2024 is expanding rapidly, driven by the demand for unique and refreshing alcoholic beverages. Citrus alcohol, made from fermented citrus fruits like oranges, lemons, and limes, offers a distinct flavor profile that appeals to consumers seeking new taste experiences. The market benefits from innovations in fermentation and distillation technologies that enhance the quality and flavor of citrus alcohols. The trend towards clean label and natural ingredients is influencing product development. Increasing consumer interest in craft and artisanal spirits, supported by the popularity of flavored alcoholic beverages, is further supporting market growth.
The market report analyses the leading companies in the industry including Asahi Group Holdings Ltd, Bacardi Ltd, Brown Forman Corp, Carlsberg, Diageo, Suntory Holdings Ltd, The Coca-Cola Company, and Others.
The most prominent trend in the Citrus Alcohol Market is the increasing popularity of flavored alcoholic beverages. Consumers are seeking unique and refreshing flavors in their drinks, and citrus-infused alcohol is gaining popularity for its tangy and vibrant taste. This trend is driven by the desire for innovative and enjoyable drinking experiences.
A key driver in the Citrus Alcohol Market is health consciousness and the demand for natural flavors. As more individuals focus on reducing their intake of artificial additives and seeking healthier drink options, there is a rising demand for citrus alcohol made with natural ingredients. This demand supports market growth as consumers prioritize quality and naturalness in their beverages.
One significant opportunity in the Citrus Alcohol Market lies in the development of premium and craft citrus alcohol. Companies can create high-quality, artisanal citrus-infused alcoholic beverages that cater to the sophisticated tastes of discerning consumers. By offering unique and premium products, manufacturers can attract a broader consumer base and drive market growth.
In the Citrus Alcohol Market, the Spirits segment is the largest. This dominance is due to the versatile use of citrus flavors in spirits, including various types of liqueurs, cocktails, and flavored vodkas and gins. Citrus fruits, such as lemons, oranges, and grapefruits, are integral to the flavor profiles of many spirits, contributing to their popularity and broad market appeal. The innovation in spirit formulations that incorporate citrus flavors enhances their appeal to consumers seeking refreshing and novel taste experiences. Additionally, the strong demand for premium and craft spirits that feature citrus notes supports the segment's leading position in the market. The continued growth of the spirits sector, coupled with the expanding variety of citrus-flavored options, underpins its dominance in the market.
The Plastic Bottles segment in the Citrus Alcohol Market is poised to grow the fastest over the next five years. This anticipated growth can be attributed to several factors. Plastic bottles offer a lighter, more durable, and cost-effective packaging solution compared to glass, which makes them increasingly popular among manufacturers and consumers alike. They are also less prone to breakage, which reduces shipping costs and increases convenience for both retail and end-user markets. Additionally, advancements in plastic recycling and the development of sustainable packaging options are to enhance their appeal further. The growing consumer preference for products with eco-friendly packaging and the convenience of plastic in both home and on-the-go consumption will drive the rapid expansion of this segment.
The Modern Trade segment is the largest in the Citrus Alcohol Market. Modern trade includes large retail formats such as hypermarkets and supermarkets, which dominate in terms of volume sales due to their extensive reach and high foot traffic. These retail outlets benefit from their large-scale operations and ability to offer a wide range of citrus alcohol products, including premium and value-for-money options, catering to diverse consumer preferences. The availability of a broad assortment under one roof, coupled with frequent promotions and discounts, attracts a significant portion of consumers, solidifying modern trade's leading position in the market.
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Asahi Group Holdings Ltd
Bacardi Ltd
Brown Forman Corp
Carlsberg
Diageo
Suntory Holdings Ltd
The Coca-Cola Company
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Citrus Alcohol Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Citrus Alcohol Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Citrus Alcohol Market Share by Company, 2023
4.1.2. Product Offerings of Leading Citrus Alcohol Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Citrus Alcohol Market Drivers
6.2. Citrus Alcohol Market Challenges
6.6. Citrus Alcohol Market Opportunities
6.4. Citrus Alcohol Market Trends
Chapter 7. Global Citrus Alcohol Market Outlook Trends
7.1. Global Citrus Alcohol Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Citrus Alcohol Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Citrus Alcohol Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Chapter 8. Global Citrus Alcohol Regional Analysis and Outlook
8.1. Global Citrus Alcohol Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Citrus Alcohol Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Citrus Alcohol Regional Analysis and Outlook
8.2.2. Canada Citrus Alcohol Regional Analysis and Outlook
8.2.3. Mexico Citrus Alcohol Regional Analysis and Outlook
8.3. Europe Citrus Alcohol Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Citrus Alcohol Regional Analysis and Outlook
8.3.2. France Citrus Alcohol Regional Analysis and Outlook
8.3.3. United Kingdom Citrus Alcohol Regional Analysis and Outlook
8.3.4. Spain Citrus Alcohol Regional Analysis and Outlook
8.3.5. Italy Citrus Alcohol Regional Analysis and Outlook
8.3.6. Russia Citrus Alcohol Regional Analysis and Outlook
8.3.7. Rest of Europe Citrus Alcohol Regional Analysis and Outlook
8.4. Asia Pacific Citrus Alcohol Revenue (USD Million) by Country (2021-2032)
8.4.1. China Citrus Alcohol Regional Analysis and Outlook
8.4.2. Japan Citrus Alcohol Regional Analysis and Outlook
8.4.3. India Citrus Alcohol Regional Analysis and Outlook
8.4.4. South Korea Citrus Alcohol Regional Analysis and Outlook
8.4.5. Australia Citrus Alcohol Regional Analysis and Outlook
8.4.6. South East Asia Citrus Alcohol Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Citrus Alcohol Regional Analysis and Outlook
8.5. South America Citrus Alcohol Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Citrus Alcohol Regional Analysis and Outlook
8.5.2. Argentina Citrus Alcohol Regional Analysis and Outlook
8.5.3. Rest of South America Citrus Alcohol Regional Analysis and Outlook
8.6. Middle East and Africa Citrus Alcohol Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Citrus Alcohol Regional Analysis and Outlook
8.6.2. Africa Citrus Alcohol Regional Analysis and Outlook
Chapter 9. North America Citrus Alcohol Analysis and Outlook
9.1. North America Citrus Alcohol Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Citrus Alcohol Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Citrus Alcohol Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Citrus Alcohol Revenue (USD Million) by Product (2021-2032)
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Chapter 10. Europe Citrus Alcohol Analysis and Outlook
10.1. Europe Citrus Alcohol Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Citrus Alcohol Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Citrus Alcohol Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Citrus Alcohol Revenue (USD Million) by Product (2021-2032)
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Chapter 11. Asia Pacific Citrus Alcohol Analysis and Outlook
11.1. Asia Pacific Citrus Alcohol Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Citrus Alcohol Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Citrus Alcohol Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Citrus Alcohol Revenue (USD Million) by Product (2021-2032)
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Chapter 12. South America Citrus Alcohol Analysis and Outlook
12.1. South America Citrus Alcohol Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Citrus Alcohol Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Citrus Alcohol Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Citrus Alcohol Revenue (USD Million) by Product (2021-2032)
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Chapter 13. Middle East and Africa Citrus Alcohol Analysis and Outlook
13.1. Middle East and Africa Citrus Alcohol Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Citrus Alcohol Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Citrus Alcohol Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Citrus Alcohol Revenue (USD Million) by Product (2021-2032)
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Chapter 14. Citrus Alcohol Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Asahi Group Holdings Ltd
Bacardi Ltd
Brown Forman Corp
Carlsberg
Diageo
Suntory Holdings Ltd
The Coca-Cola Company
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Citrus Alcohol Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Citrus Alcohol Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Citrus Alcohol Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Citrus Alcohol Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Citrus Alcohol Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Citrus Alcohol Market Share (%) By Regions (2021-2032)
Table 12 North America Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Table 15 South America Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Citrus Alcohol Revenue (USD Million) By Region (2021-2032)
Table 17 North America Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Table 18 North America Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Table 19 North America Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Table 26 South America Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Table 27 South America Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Table 28 South America Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Citrus Alcohol Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Citrus Alcohol Market Share (%) By Regions (2023)
Figure 6. North America Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 12. France Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 12. China Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 14. India Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Citrus Alcohol Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Citrus Alcohol Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Citrus Alcohol Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Citrus Alcohol Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Citrus Alcohol Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Citrus Alcohol Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Citrus Alcohol Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Citrus Alcohol Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Citrus Alcohol Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Citrus Alcohol Revenue (USD Million) By Product (2021-2032)
By Product
Beer
Spirits
Wine
By Packaging
Glass Bottles
Tins
Plastic Bottles
By End-User
Modern Trade
Specialty Stores
Convenience Stores
Restaurants
Online
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Citrus Alcohol Market Size is valued at $5.2 Billion in 2024 and is forecast to register a growth rate (CAGR) of 4.9% to reach $7.6 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Asahi Group Holdings Ltd, Bacardi Ltd, Brown Forman Corp, Carlsberg, Diageo, Suntory Holdings Ltd, The Coca-Cola Company
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume