2024
9
US White Spirits Market Report 2024
2024-12-05T18:02:34+00:00
REP66D5B156_B41B_4BF5_B53C_0E23160B7F3F
3695
177912
[{"name":"Spirits and RTD","url":"https:\/\/store.mintel.com\/industries\/drinks\/alcoholic-drink\/spirits-rtds"},{"name":"Market Intelligence Reports","url":"https:\/\/store.mintel.com\/report-type\/market-intelligence-reports"},{"name":"US","url":"https:\/\/store.mintel.com\/markets\/us-market-research"}]
Report
en_GB
While consumers associate white spirits most strongly with their easy drinking and appeal for parties, no one association captures the majority of consumers, an indication that there are continual opportunities…
US
Spirits and RTD
simple

US White Spirits Market Report 2024

While consumers associate white spirits most strongly with their easy drinking and appeal for parties, no one association captures the majority of consumers, an indication that there are continual opportunities to extend occasions and strengthen consumer connections through feelings of enjoyment, relaxation and curiosity.

Trusted by leading global brands

Amazon logo
Deutsch brand logo
waitrose
Bauer-Media-Group
mediacom-logo-e1438678858172 (1)
VML Logo
Epsilon Logo
VocaLink_Mastercard_logo-PNG-1
Amazon logo
Deutsch brand logo
waitrose
Bauer-Media-Group
mediacom-logo-e1438678858172 (1)
VML Logo
Epsilon Logo
VocaLink_Mastercard_logo-PNG-1
4.5 stars
Source: G2.com, Inc.
Collapse All
  1. Executive Summary

    • What you need to know
    • Market size & forecast for spirits
    • Market predictions
    • What consumers want & why
    • Opportunities
    • Remind consumers that they are in control
    • Building confidence can create connoisseurs
    • Lead with enjoyment
  2. Market Dynamics

    • Market context
    • Market drivers
    • Once consumer budgets tighten, spirits are on the chopping block
    • Graph 1: change in spirits consumption, by financial situation, 2024
    • Product launch activity reacts to and informs the shifting spirits landscape
    • Graph 2: new white spirits product launches, by sub-category, 2019-24
    • Spirits and cocktails continue to take off via international tourism and social media
    • Market size and forecast
    • Steady but slowed growth takes the spirits market toward the $100 billion mark
    • Retail sales and forecast of spirits
    • Market segmentation
    • Tequila remains a bright spot among otherwise stagnant market growth
    • Graph 3: volume sales and forecast of white spirits, 2019-26
    • Retail sales of white spirits, by segment
    • Market share/brand share
    • Tito’s growth further cements itself as the vodka segment leader
    • Sales of vodka, by company
    • Continued tequila growth has fostered a competitive landscape
    • Sales of tequila, by company
    • Top gin brands struggle, as craft prospers via cocktail culture
    • Sales of gin, by company
    • Leading rum brands face another year without growth, Bacardi remains on top
    • Sales of rum, by company
  3. Consumer Insights

    • Consumer fast facts
    • Overview: the white spirit drinker
    • White spirits find success as a secondary choice
    • White spirits finds success as a secondary choice
    • Graph 4: alcoholic beverage consumption, 2024
    • Lean into the white spirits’ versatility
    • Graph 5: white spirit consumption, by gender, 2024
    • Maximize the staying power of white spirits as consumers age
    • Graph 6: white spirit consumption, by age, 2024
    • Room for consumers to extend their white spirits collections
    • Graph 7: repertoire of white spirits purchases, 2024
    • Younger men lead in white spirits collection
    • Graph 8: repertoire of white spirits purchases, by gender and age, 2024
    • White spirit purchase
    • White spirits purchase growth keeps the door open for newcomers
    • Graph 9: white spirit purchases in the last six months, 2023-24
    • White spirits show off their versatility with similar purchase by gender
    • Graph 10: white spirit purchase, by gender, 2024
    • Early relationship building can grow with consumers
    • Graph 11: white spirit purchase, by age, 2024
    • Change in spirit consumption
    • One quarter of consumers are drinking spirits more often, but most keep consumption the same
    • Keep consumers reaching for spirits as they age
    • Graph 12: change in spirit consumption, by age, 2024
    • Reasons for drinking more spirits
    • Relaxation and exploration are top motivators for consumers who have increased spirits consumption
    • Graph 13: reasons for drinking more spirits, 2024
    • Men and women are taking different avenues for spirits exploration
    • Graph 14: reasons for drinking more spirits, by gender, 2024
    • Reasons for drinking less spirits
    • Help consumers fit spirits back into their budgets and lifestyles
    • Graph 15: reasons for drinking less spirits, 2024
    • Associations with flavored spirits
    • Perceptions of flavored spirits have strong opportunity for growth
    • Graph 16: associations with flavored spirits, 2024
    • Build flavored vodka’s quality perceptions with older female consumers
    • Graph 17: associations with flavored vodka, by gender and age, 2024
    • Amplify the fun of flavored tequila
    • Graph 18: associations with flavored tequila, by gender and age, 2024
    • Flavored gin can be the intersection of quality and fun
    • Graph 19: associations with flavored gin, by gender and age, 2024
    • Interest in flavors
    • Fruit forward is a safe bet, but there is ample opportunity for flavor innovation
    • Graph 20: flavor interest by white spirit type, 2024
    • Vodka’s mainstream flavors can age with women
    • Graph 21: flavor interest for vodka, by gender and age, 2024
    • Tequila’s versatility lies in potential for natural and added flavor
    • Graph 22: flavor interest for tequila, by gender and age, 2024
    • Flavor can make gin more accessible and interesting
    • Graph 23: flavor interest for gin, by gender and age, 2024
    • At-home white spirit consumption
    • White spirits are able to mix it up across formats
    • Graph 24: at-home white spirit consumption, 2024
    • Simple doesn’t have to be boring, complex doesn’t have to be complicated
    • Graph 25: at-home white spirit consumption, by gender, 2024
    • Middle age embraces versatility, a time for amplified occasions
    • Graph 26: at-home white spirit consumption, by age, 2024
    • Association with white spirit types
    • Fun and easy, white spirits continue to be the picture of enjoyment
    • Graph 27: association with white spirit types, 2024
    • Attitudes about spirits
    • Consumers are flexible in their choice of spirits
    • Building women’s confidence with spirits can pay off in cocktail exploration
    • Graph 28: attitudes about spirits, by gender, 2024
    • Customization can lower the risk of trial for younger, inexperienced consumers
    • Graph 29: attitudes about spirits, by age, 2024
    • Reasons for trying a new spirit
    • Flavor is a starting point, but new trial motivation is broad
    • Graph 30: reasons for trying a new spirit, 2024
    • Packaging and social media are top motivators for new white spirits trial for Gen Z
    • Graph 31: reasons for trying a new spirit, by age, 2024
    • Consumers need a little something special to expand their spirits repertoires
    • Graph 32: reasons for trying a new spirit, by repertoire of white spirits purchases, 2024
    • Behaviors when trying to spend less on alcohol
    • Creating value can come in many forms, as consumers make broad considerations when looking to save
    • Graph 33: behaviors when trying to spend less on alcohol, 2024
    • Tiered price options can extend loyalty
    • Graph 34: behaviors when trying to spend less on alcohol, by gender, 2024
    • Confidence allows for freedom in switching behaviors
    • Behaviors when choosing to drink less alcohol
    • Simple steps are the easy choice when cutting back…
    • Graph 35: behaviors when choosing to drink less alcohol, 2024
    • …but the future of moderation is inclusive of replacements and modifications
    • Graph 36: behaviors when choosing to drink less alcohol, by age, 2024
    • Hone the craft, whether alcoholic or not
  4. Innovation and Marketing strategies

    • Launch activity and innovation
    • It’s becoming clear, cristalino tequila has arrived
    • Smaller batch vodka brings the quality consumers are looking for
    • Color, flavor and quality help consumers find fun in gin
    • Sets make it easy for consumers to get in the mood
    • Marketing and advertising
    • Collaborations can connect the dots for consumers…
    • …but some brands are pushing back against celebrity ownership
    • Espolon’s nod to heritage shows a bright future
  5. Appendix

    • Market definition
    • Market size methodology
    • Consumer research questions
    • Consumer research methodology
    • Generations
    • Abbreviations and terms
    • Forecast methodology
    • Forecast fan chart methodology
    • US: total market size and forecast scenarios, 2024-29
Download Report Summary

While consumers associate white spirits most strongly with their easy drinking and appeal for parties, no one association captures the majority of consumers, an indication that there are continual opportunities to extend occasions and strengthen consumer connections through feelings of enjoyment, relaxation and curiosity. The ability for white spirits to work across formats from neat to complex cocktails and everywhere in between indicates versatility remains the category’s biggest strength.

While most consumers have maintained their spirit consumption over the past year, growth has slowed, as consumers scrutinize cost and lifestyle. The tequila segment continues to lead growth, with consumers interested not only in premium offerings but in a variety of expressions, heritage and process – taking the spirits category close to $100bn in 2024.

As cocktail culture grows, especially among younger consumers, so does a thirst for knowledge. Building consumer confidence as they choose spirits, create cocktails and look to customize their beverages with flavor, color and across the ABV spectrum can lead to lasting relationships that span price point and spirit type. Expanding consumer repertoires requires brands to consider that makes their offering special, with consumers looking beyond the buzz and into both inherent and added flavor, interesting packaging and limited time releases worthy of collection.

This report looks at the following areas:

  • White spirits purchases
  • Changes in spirits consumption
  • Reasons for drinking more (and less) spirits
  • Associations with flavored spirits
  • Interest in flavors
  • At-home spirits consumption
  • Association with white spirits
  • Reasons for trying a new spirit
  • Behaviors when choosing to spend, or consume, less spirits

Versatility remains the cornerstone of white spirits, allowing consumers to customize their occasions with offerings ranging from easy to complex, and refreshing to boozy.

Sydney Riebe, Analyst – US Food and Drink

Market Definitions

This Report covers the US white spirits market. Dollar sales data in this Report includes all distilled spirits segments (ie dark and white), while volume sales data solely covers white spirits. The white spirits volume sales data includes the following: vodka, gin, tequila, rum. For the purposes of market sizing, white and dark rum are combined into one category. The consumer survey section of this Report covers white rum. Similarly, tequila includes all tequila types (eg blanco, joven, añejo) and styles (eg mezcal).

This Report primarily focuses on the at-home consumption of white spirits, though the market size includes sales of spirits on- and off-premise.

Spirit-based RTD cocktails are discussed within the Report but are excluded from the market size.

£ 3,695 excl. Tax
Secure direct checkout
Instant PDF download
Portal access included
Need help deciding? Get in touch

Trusted by global industry leaders

4.5 stars
Source: G2.com, Inc.
Wincanton logo

When I’m investigating specific sectors I tend to use Mintel reports for their forecasting, which I’ve always found to be very accurate.

They also offer really broad and deep coverage in their reports. They are very, very detailed. For example, we were able to gain insight across a wide range of business areas from just one report, proving that Mintel is excellent value for money.

So overall, it’s the level of detail and the quality of forecasting that really stand out for me.

Rebecca Green, Market Insight Manager, Wincanton
Tenth Wave logo

Mintel helps us when we want to know something quickly – it provides fast answers to our questions. If we need to get a view of what’s going on in a particular market it’s very useful.

When carrying out background research, I find Mintel an excellent starting point.

The fact that it covers so many markets is a big plus for me– instead of having to buy specialist products in each area we are interested in, especially when we only require a brief view on a particular market, we can go to Mintel for help as a one-stop shop. I find Mintel a useful and valuable resource.

Ben Zeidler, Director - Research and Analytics, Tenth Wave
Abacus logo

There is no question that Mintel is the go-to resource for the best quality market research, but I did not think it was an affordable option for Abacus Marketing to consider. As a small marketing agency, we only work with a few new clients each year.

However, we have a very high-end consultative approach to our work, so we really do need a partner like Mintel to provide the big agency experience we are always aiming to deliver. Our clients come from an incredibly diverse range of industry sectors, so we obviously need access to market research reports from a very wide spectrum of marketplaces – and that is precisely what we got.

Stephen Taylor-Brown, Managing Director, Abacus
Epsilon logo

We utilize Mintel Reports, Trends and Comperemedia to mine for insights across the numerous business verticals that Epsilon serves, such as CPG, automotive, telecom, healthcare/pharma, retail and financial services.

By integrating Mintel insight into new business opportunities, we have been able to gain the competitive edge necessary to advance partnerships with global brands and key business players.

For our organization, it’s about depth and breadth. Having one without the other doesn’t enable success in our business.

Virginia Harvey, Secondary Research Manager, Epsilon
VocaLink logo

We use Mintel Reports, mostly for financial services and ecommerce markets, plus a few retail and technology ones.

As a leading payments provider, we value additional insights into consumer behaviour, opinions and trends that are shaping the many different markets we operate in. Mintel is a very good and very quick way for us to obtain those insights.

We use Mintel to get a view on where a particular market is going, which can support us in product development and help us identify opportunities or indeed risks, it is a very useful barometer of a market’s potential.

 

Andrew Neeson, Market Intelligence Manager, VocaLink
Deutsch logo

One of the biggest challenges we face is the need to get smart on a business or category real quick.

We are talking to clients who live and breathe their category every day and the expectation is that we will be able to get caught up very quickly, and bring the thinking that can help them.

We need to do that often in a matter of days, so it’s not a small ask. Mintel gives us a very articulate view of category conditions and does so at the speed we need it.

Jeff White, Business Development Director, Deutsch
Amazon logo

Working in a customer-obsessed organization means that data and insights have to be at our fingertips. Mintel’s reports help us support anecdotes with real quantifiable insights. The summary sections (which I really like) helps save time by giving a birds eye view of the content before spending time combing through the pages.

Our business review discussions are strengthened by the relevancy of the reports to help us better understand our customers. In addition, the customer service received from the team (especially in crunch periods) makes the process of understanding customer behavior even better.

Ngozi Ngonadi-Nkwoji, Senior Marketing Manager, Amazon
Bauer Media Group logo

We have such a great working relationship with Mintel on lots of different levels. As an insight partner, they have helped us to develop our business planning in specific categories as well as supporting our creative process but they’ve also been super helpful with facilitating our events in their inspirational offices near St Paul’s.

They’re an innovative company, with a client-focused team that always delivers.

Abby Carvosso, Group Managing Director, Bauer Media Group
Waitrose & Partners logo

We’ve found it so useful working more closely with Mintel. They helped support our recent flagship event for our top suppliers by providing a really unique viewpoint on the future of online retailing.

Nick Carroll from their Retail Team was also an excellent panelist, sharing useful and actionable consumer insights. We definitely look forward to working with Mintel again on future projects.

Zac Steele, E-Commerce Trading Development Manager, Waitrose & Partners
Jackman logo

At Jackman, we believe that powerful strategies are based on human insight. Mintel’s leading-edge reports and insights into consumer attitudes and behaviors are an important input as we develop and execute strategy.

Alana Gavin, VP Research and Insights, Jackman
Mediacom logo

Mintel is really good for getting a handle on a particular category quickly. If we are working on a new business pitch in an area we don’t have much experience in, it’s a brilliant way to get up to speed with what’s going on, what’s changing and what the key trends are in any category.

It’s very rare now that anyone will plough through a 200-page report – that’s why the summaries are really useful. We know they are backed up by a lot of detail, so if you need to go into something in more depth you know the information will be all there for you.

Pauline Robson, Managing Partner, Mediacom
VML logo

We use Mintel to inform our thinking and reinforce strategy. If you’re presenting new ideas, it’s essential they are underpinned by robust data and evidence, and clearly rooted in fact.

Mintel gives us all that. It’s a great brand and one that is trusted by clients.

Marie Stafford, European Director, The Innovation Group, VML