25 Most Popular Spirits in the World

In This Article:

In this article, we are going to discuss the 25 most popular spirits in the world. You can skip our detailed analysis of the global spirits market, the rise of spirit RTDs, the new popular RTD in the market, and the success of celebrity-owned spirits, and go directly to 10 Most Popular Spirits in the World

Any alcoholic liquid that has been distilled after going through fermentation is referred to as a ‘spirit’. Alcohol is produced when yeast breaks down sugar into ethanol through the fermentation process. The produced alcohol is then removed from water and other impurities in the fermented liquid through the distillation process. Spirits are often more costly than other alcoholic beverages like beer and wine because of the said distillation process. 

Among the many distilled liquors available, there are just six base spirits – rum, gin, brandy, tequila, whiskey, and vodka. 

The Spirits Market: 

The spirits industry is overcoming economic headwinds to meet changing consumer preferences as it chips away at the dominance of beer. According to the Distilled Spirits Council of the United States, the spirits revenue market share grew from 28.7% in 2000 to 42.1% in 2022, while beer held a 41.9% market share last year. Thus, the spirits industry surpassed beer in revenue for the first time ever. 

According to Future Market Insights, the global spirits market is estimated to be at $59.4 billion in 2023, and is expected to be worth around $90.29 billion by 2033, growing at a CAGR of 4.27% during the forecast period. The rising popularity of premium alcoholic drinks and RTDs owing to higher consumer spending could be one of the key factors for the rapid development of the spirits industry. 

The Rise of Spirit RTDs: 

Ready-to-drink beverages continue to make headlines as the fastest-growing alcohol beverage category. While malt-based RTDs still retain a 91% share by volume in the American RTD market, spirit-based RTDs grew by 51% in 2021, approximately double the growth of the wine-and malt-based categories. According to IWSR, the spirits-based RTDs are expected to grow at a CAGR of 33% in volume in the U.S. by 2025. 

As consumers continue to look for ‘healthier’ alcohol options, spirit RTDs are responding with spirit-based seltzers with natural flavors and fewer calories. Spirit RTDs like Owl’s Brew’s Tea-based Seltzers claim to be alcoholic drinks that are good for health, benefiting from the ‘health halo’ created by ingredients like vitamins, anti-oxidants, and probiotics. 

New RTD in the Market: 

Although a good ol’ Jack & Coke has been a quintessential serve at every bar for a long time, the much-loved cocktail is now also available in the form of a pre-mixed, canned RTD – courtesy of a joint venture between the Brown-Forman Corporation (NYSE:BF-B) and The Coca-Cola Company (NYSE:KO).