In accordance with data from Future Market Insights (FMI), the global spirits market value is estimated to be around USD 59,408 Million in 2023. Further, as per this market report, the market is projected to progress at a CAGR of 4% from 2023 to 2033. By following this moderate CAGR, the overall market value is projected to reach USD 90,288.9 Million by 2033.
One of the key reasons...