According to a new report from Intel Market Research, the global Wines and Spirits Market was valued at USD 1.6 trillion in 2026 and is projected to reach USD 2.3 trillion by 2034, growing at a steady CAGR of 5.8% during the forecast period. Growth is driven by increasing consumer preference for premium alcoholic beverages, with global expenditure on premium spirits growing by approximately 12%...

The global craft vodka industry is witnessing gradual but steady expansion as consumers increasingly shift toward premium, small-batch, and artisanal alcoholic beverages. Craft vodka, known for its superior quality, unique distillation processes, and locally sourced ingredients, is gaining traction among consumers who prefer authenticity and refined drinking experiences over mass-produced...