The global brandy market is projected to grow steadily over the next decade, expanding from USD 27.2 billion in 2024 to approximately USD 48.3 billion by 2034, at a CAGR of 5.9%. Brandy, a spirit made mainly from fermented fruits or grapes, has gained new popularity among today’s consumers. Once seen as a classic after-dinner drink, it’s now finding a place in modern bars and homes thanks to premium aging labels and creative flavor options. North America holds the largest market share, contributing around 44.3% of global sales in 2024, valued at USD 12 billion. Among the product categories, regular brandy holds the lead with a 72.3% share, while Cognac dominates the type segment at 38.4%. Most brandy sales are still made through supermarkets and hypermarkets, which account for nearly 43% of global distribution. The market’s growth reflects a strong mix of tradition, innovation, and changing consumer tastes.
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