Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Absinthe Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Absinthe Industry in 2024 and 2025?
The size of the Absinthe Global Market has seen consistent growth recently. It is projected to increase from $35.75 billion in 2024 to $36.59 billion in 2025, with a compound annual growth rate (CAGR) of 2.4%.
What Is the Projected Market Size of the Absinthe Market in 2029?
The Absinthe Global Market is projected to reach a market size of $41.06 billion in 2029, growing at a compound annual growth rate (CAGR) of 2.9%.
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What Are the Key Drivers of Absinthe Market Growth?
The key drivers in the absinthe market are:
• The rise of craft distilleries
• The increase in cultural tourism
• The growing popularity of the craft cocktail movement
• The global expansion and revised regulations for absinthe production and consumption
What Are the Primary Segmentation Categories in the Absinthe Market?
The absinthemarket covered in this report is segmented –
1) By Type: Absinthe Verte, Absinthe Ordinaire, Absinthe Reve Pastis, Absinthe Bohemian, Absinthe Amber, Absinthe Blanche
2) By Distribution: Online, Offline
3) By Application: Medical, Food And Beverage, Cosmetic
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What Are the Major Trends Shaping the Absinthe Market in 2025 and Beyond?
The key trends in the absinthe market are:
• The future of the absinthe market is being shaped by a rise in the establishment of absinthe lounges and bars.
• Innovative cocktails featuring absinthe are becoming a prominent trend.
• There is an increasing focus on heritage brands in the absinthe industry.
• Absinthe tourism and the green hour tradition are emerging as notable trends in the market.
Who Are the Emerging Players in the Absinthe Market?
Major players in the absinthe market are:
• Pacific Distillery LLC
• Teichene SA
• Metelka AS
• Mansinthe
• Philadelphia Distilling Company
• Pernod Ricard SA
• St. George Spirits
• Leopold Bros.
• Green Moon Ltd.
• La Muse Verte
• Philippe II Duke of Orléans
• La Grenouille Bleue Ltd.
• Absinthe La Fee
• Lucid Absinthe
• Kübler Absinthe Superieure
• St. George Absinthe Verte
• La Clandestine Absinthe
• Jade Liqueurs LLC
• Butterfly Absinthe
• Vieux Carré Absinthe
• Ridge Distillery Absinthe
• La Maison Fontaine
• Hills Absinth
• François Guy Absinthe
• Mata Hari Absinthe
• Absinthe Duplais Verte
• Corsair Distillery
• Dan Murphy's
• Copper & Kings American Brandy Company
Which Regions Are Leading the Growth in the Global Absinthe Market?
Europe was the largest region in the absinthe market in 2024
