Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Cognac And Brandy Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Cognac And Brandy Market?
The market size of cognac and brandy has seen a steady increase over the years. The market is expected to rise from $14.97 billion in 2024 to $15.69 billion in 2025, showing a compound annual growth rate (CAGR) of 4.9%.
What Is the Forecasted CAGR for the Cognac And Brandy Market by 2029?
The global cognac and brandy market is projected to reach a size of $19.71 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.9%.
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What Are the Market Drivers in the Cognac And Brandy Industry?
The key drivers in the cognac and brandy market are:
• The trend towards premium products in the market
• Growth in emerging markets
• The advent and growth of e-commerce and online retailing
• The rise of craft and artisanal production in the industry
What Is the Segment-Wise Breakdown of the Cognac And Brandy Market?
The cognac and brandymarket covered in this report is segmented –
1) By Product: Cognac, Armagnac, Spanish Brandy, Pisco
2) By Price: Value, Premium, High-End Premium, Super Premium
3) By Application: Household, Commercial
4) By Distribution Channel: On Trade, Off Trade
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Which Emerging Trends Are Driving Growth in the Cognac And Brandy Sector?
The key trends in the cognac and brandy market are:
• The premiumization trend is having a significant impact on the market.
• Growth is being driven by the rise of craft and artisanal production methods.
• Innovations in packaging and flavor infusions are emerging trends.
• Interactive brand experiences and collaborations with mixologists and chefs are shaping the future of the market.
Which Companies Are Dominating the Cognac And Brandy Market in Terms of Revenue?
Major players in the cognac and brandy market are:
• Hennessy LVMH
• Diageo Plc.
• Suntory Holdings Limited
• Pernod Ricard SA
• E & J Gallo Winery
• Beam Suntory Inc.
• Campari Group
• Remy Martin XO
• United Spirits Limited
• Emperador Distillers Inc.
• Martell and Company SA
• Radico Khaitan Limited
• Tilaknagar Industries Ltd.
• Miguel Torres SA
• Korbel Winery
• Copper and Kings
• Courvoisier SAS
• Louis Royer SAS
• Asbach GmbH
• Global Spirits
• Camus Cognac
• Naud Spirits & Distillery
• Meukow Cognac
• Thomas Hine & Co
• Paul Masson
• Christian Brothers
• Branded Spirits Limited
• Delamain Cognac
• A. de Fussigny
• J.P. Chenet
What Are the Regions Driving Demand in the Cognac And Brandy Market?
North America was the largest region in the cognac and brandy market in 2024
