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Absinthe Market by Type (Absinthe Blanche, Absinthe Amber, Absinthe Verte, Absinthe Ordinaire, Absinthe Reve Pastis, Absinthe Bohemian, and Others), Application (Food and Beverage, Cosmetic, Medical), and Region 2023-2028

Market Overview:

The global absinthe market size reached US$ 45.60 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.62 Billion by 2028, exhibiting a growth rate (CAGR) of around 3% during 2023-2028.

Absinthe is a bitter-tasting, highly aromatic, and yellowish-green spirit distilled from grape alcohol, grains, potatoes, beets, and fresh herbs. It is predominantly flavored by wormwood and other botanicals, such as anise, fennel, hyssop, licorice, and angelica roots. Absinthe is bottled at a very high alcohol concentration, but when served, it is diluted with water and ice and used to flavor mixed drinks. It provides anti-tumor and anti-inflammatory properties and helps boost immunity and fight infections. It assists in diabetes management, stimulating appetite, and preventing blood clots, heart diseases, and cancer. As a result, absinthe finds extensive applications across the food and beverage (F&B), cosmetics, and medical industries.

Absinthe Market Trends:

Significant growth in the F&B industry across the globe is creating a positive outlook for the market.  Absinthe is widely used to enhance taste, prevent bacterial growth, and add flavors to sauces, desserts, and confectionery products.  In line with this, the increasing consumption of absinthe at hotels, bars, and restaurants as a cocktail drink or in combination with wine, vermouth, gin, grapefruit juice, orange flower water, blackberries, or grenadine is favoring the market growth. Additionally, the rising product demand for garnishing food products, such as red meat, fish, and curries, is acting as another growth-inducing factor. Apart from this, the widespread product utilization in alternative medicine applications due to the presence of wormwood to reduce inflammation, improve digestive health, alleviate pain, remove harmful parasites, minimize osteoarthritis, and treat nausea, stomach cramps, and liver diseases is propelling the market growth. Moreover, the introduction of additional flavors by manufacturers, coupled with the increasing demand for exotic and premium alcoholic products, is providing an impetus to the market growth. Other factors, including rising expenditure capacities of consumers and increasing product demand among artists, painters, musicians, and guitarists, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global absinthe market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.

Breakup by Type:

  • Absinthe Blanche
  • Absinthe Amber
  • Absinthe Verte
  • Absinthe Ordinaire
  • Absinthe Reve Pastis
  • Absinthe Bohemian
  • Others
     

Breakup by Application:

  • Food and Beverage
  • Cosmetic
  • Medical
     

Breakup by Region:

  • 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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Butterfly Absinthe, Hill's Liquere North America, Hood River Distillers Inc., Jade Liqueurs® LLC, La Clandestine, La Fée Absinthe, Milan METELKA a.s., Pacific Distillery, Pernod Ricard, Philadelphia Distilling and Teichenné S.A. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
    Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Butterfly Absinthe, Hill's Liquere North America, Hood River Distillers Inc., Jade Liqueurs® LLC, La Clandestine, La Fée Absinthe, Milan METELKA a.s., Pacific Distillery, Pernod Ricard, Philadelphia Distilling and Teichenné S.A. 
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global absinthe market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global absinthe market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global absinthe market and who are the key players?
  • What is the degree of competition in the industry?
     

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the absinthe market from 2017-2028.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global absinthe market.
  • The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the absinthe industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and  provides an insight into the current positions of key players in the market.

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Absinthe Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Absinthe Blanche
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Absinthe Amber
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Absinthe Verte
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Absinthe Ordinaire
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Absinthe Reve Pastis
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Absinthe Bohemian
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Application
    7.1    Food and Beverage
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Cosmetic
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Medical
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Butterfly Absinthe
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Hill's Liquere North America
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Hood River Distillers Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Jade Liqueurs® LLC
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    La Clandestine
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    La Fée Absinthe
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    Milan METELKA a.s.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Pacific Distillery
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    Pernod Ricard
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Philadelphia Distilling
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
        13.3.11    Teichenné S.A.
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio

Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report

List of Figures

Figure 1: Global: Absinthe Market: Major Drivers and Challenges
Figure 2: Global: Absinthe Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Absinthe Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Absinthe Market: Breakup by Type (in %), 2022
Figure 5: Global: Absinthe Market: Breakup by Application (in %), 2022
Figure 6: Global: Absinthe Market: Breakup by Region (in %), 2022
Figure 7: Global: Absinthe (Absinthe Blanche) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Absinthe (Absinthe Blanche) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Absinthe (Absinthe Amber) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Absinthe (Absinthe Amber) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Absinthe (Absinthe Verte) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Absinthe (Absinthe Verte) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Absinthe (Absinthe Ordinaire) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Absinthe (Absinthe Ordinaire) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Absinthe (Absinthe Reve Pastis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Absinthe (Absinthe Reve Pastis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Absinthe (Absinthe Bohemian) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Absinthe (Absinthe Bohemian) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Absinthe (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Absinthe (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Absinthe (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Absinthe (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Absinthe (Cosmetic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Absinthe (Cosmetic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Absinthe (Medical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Absinthe (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: North America: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United States: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United States: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Canada: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Canada: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Asia-Pacific: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Asia-Pacific: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: China: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: China: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Japan: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Japan: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: India: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: India: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: South Korea: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: South Korea: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Australia: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Australia: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Indonesia: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Indonesia: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Others: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Others: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Europe: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Europe: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Germany: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Germany: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: France: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: France: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: United Kingdom: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: United Kingdom: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Italy: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Italy: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Spain: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Spain: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Russia: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Russia: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Latin America: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Latin America: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Brazil: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Brazil: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Mexico: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Mexico: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Middle East and Africa: Absinthe Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Middle East and Africa: Absinthe Market: Breakup by Country (in %), 2022
Figure 75: Middle East and Africa: Absinthe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Global: Absinthe Industry: SWOT Analysis
Figure 77: Global: Absinthe Industry: Value Chain Analysis
Figure 78: Global: Absinthe Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Absinthe Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Absinthe Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Absinthe Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Absinthe Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Absinthe Market: Competitive Structure
Table 6: Global: Absinthe Market: Key Players


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