Premium Spirits Demand Driving Cognac Market Growth 2032

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2025-07-15 10:13:53 -

The global cognac market, valued at US$ 5.5 billion in 2022, is projected to reach US$ 10.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.4%. This growth is driven by the rising demand for premium alcoholic beverages, particularly among millennials, and the increasing popularity of craft spirits and brandy-based cocktails. The market benefits from cognac’s...

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