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Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)
Key regions: United States, United Kingdom, Worldwide, United Kingdom, Australia
The Spirits market in Netherlands has been experiencing steady growth in recent years, driven by changing consumer preferences and local special circumstances.
Customer preferences: In Netherlands, consumers have shown a growing interest in premium and craft spirits, favoring quality over quantity. This trend can be attributed to a shift in consumer preferences towards more sophisticated and unique flavors, as well as a desire to support local producers. Additionally, there is a rising demand for healthier alternatives in the spirits market, with consumers seeking low-alcohol or alcohol-free options.
Trends in the market: One of the key trends in the Dutch spirits market is the increasing popularity of gin. Gin has seen a resurgence in recent years, with a wide variety of craft and artisanal gins entering the market. This trend can be attributed to the versatility of gin, which can be mixed with a range of ingredients to create unique and flavorful cocktails. Another trend in the market is the growing interest in whiskey, particularly single malt whiskey. Whiskey appreciation clubs and tasting events have gained popularity, contributing to the growth of the whiskey market in Netherlands.
Local special circumstances: Netherlands has a rich history in distilling and producing spirits, with a number of traditional Dutch spirits gaining popularity in recent years. One such spirit is jenever, a traditional Dutch gin-like liquor. Jenever has experienced a resurgence in popularity, with a growing number of artisanal producers offering unique and high-quality jenever varieties. This local special circumstance has contributed to the overall growth of the spirits market in Netherlands.
Underlying macroeconomic factors: The growth of the spirits market in Netherlands can also be attributed to favorable macroeconomic factors. The country has a strong economy and high disposable income levels, allowing consumers to indulge in premium spirits. Additionally, the tourism industry in Netherlands has been growing steadily, attracting a large number of international visitors who are interested in experiencing the local spirits and beverages. This influx of tourists has further boosted the demand for spirits in the country. In conclusion, the Spirits market in Netherlands is experiencing growth due to changing customer preferences towards premium and craft spirits, as well as local special circumstances such as the popularity of traditional Dutch spirits. Favorable macroeconomic factors, including a strong economy and a growing tourism industry, have also contributed to the market's growth.
Data coverage:
The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.
Modeling approach:
Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on alcoholic beverages, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.
Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.
Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)