Global Vermouth Industry: Key Statistics and Insights in 2025-2033

Summary:

• The global vermouth market  size reached USD 11.8 Billion in 2024.
• The market is expected to reach USD 20.4 Billion by 2033, exhibiting a growth rate (CAGR) of 6.22% during 2025-2033.
• Europe leads the market, accounting for the largest vermouth market  share.
• Sweet vermouth is the most popular vermouth because it can be used with many different types of alcohol and mixers.
• Off-trade holds the biggest market share due to the rising focus on enhanced convenience among individuals.  
• The growing demand for vermouth due to the increasing health consciousness among consumers is offering a positive market outlook.
• The escalating demand for vermouth on account of the rising demand for premium products is propelling the growth of the market.

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Industry Trends and Drivers:

• Rising Health Consciousness:

The increasing health awareness among consumers is spurring demand for vermouth, thus creating a favorable market outlook. Moreover, the rising preference for low-alcohol and low-calorie beverages has been contributing to the market's growth. Moreover, consumers interested in lighter drinking options are turned off by the higher alcohol content of most spirits and gravitate toward vermouth, which is lower in alcohol content. Furthermore, botanical elements and herbal preparations enhance the health-promoting aspect of vermouth, in alignment with the current consumer interest in natural components and functional ingredients.

• Increasing Demand for Premium Products:

The growing demand for vermouth on account of the increase in premium product demand is mapping the way for the growth of the market. Alongside this, consumers are willing to invest in high quality and artisanal vermouth made from natural ingredients. This offers a unique opportunity for the introduction of vermouth brands presenting unique flavor profiles and production methods. Apart from that, consumers are inclined towards quality over quantity and are opting for products that give the said experience to a very select audience.

• Culinary Trends:

Increased use of vermouth in several culinary applications is supporting market growth. Chefs and home cooks alike are starting to explore its versatility in cooking, such as with sauces and marinades, glazes, and desserts. In addition to its role as a cooking ingredient, vermouth adds its distinctive flavor to a huge array of dishes. These culinary explorations into vermouth are certainly helping to broaden its appeal beyond the cocktail bar unto consumers who appreciate all its savory and sweet contributions. And in that vein, the increased consumption of cafes, hotels, bars, and clubs all around the globe is strengthening the growth of the market.

We explore the factors propelling the vermouth market growth, including technological advancements, consumer behaviors, and regulatory changes.

Vermouth Market Report Segmentation:

By Product:

• Dry Vermouth
• Sweet Vermouth

Sweet vermouth represents the largest segment as it can complement a wide range of spirits and mixers.  

By Distribution Channel:

• Off-Trade
• On-Trade
   

Off-trade holds the biggest market share due to the rising focus on enhanced convenience among individuals.  

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Europe enjoys a leading position in the vermouth market, which can be attributed to changing preferences of individuals.       

Top Vermouth Market Leaders:

The vermouth market  research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Atsby Vermouth
• Bacardi Limited
• Bodegas Martinez Lacuesta La Rioja Haro
• Branca International S.p.A.
• Contratto
• Davide Campari-Milano N.V. (Lagfin S.C.A.)
• Giulio Cocchi Spumanti Srl
• La Quintinye Vermouth Royal
• Quady Wines, Ransom Spirits
• Uncouth Vermouth, 

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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