Fine wines/champagne and spirits is expected to see growth over the forecast period. Luxury spirits is set to see significant growth boosted by the whiskies segment.
There is significant global growth in demand for cocktails, mainly encouraged by a young target audience that prefers to drink softer and fruitier drinks when going out and is eager to try new ingredients and flavours. This global trend can be seen locally, where there is a proliferation of bars that offer increasingly sophisticated cocktails, with renowned figures such as bartenders who are leading this movement at a local level.
Although the consumption of alcoholic beverages amongst local consumers is becoming more sophisticated and diverse, fine wines will continue to be the largest category within fine wines/champagne and spirits since local production is of great relevance, as well as its quality, which improves season after season, positioning itself amongst the best in the world.
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Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Fine Wines/Champagne and Spirits
This is the aggregation of fine wines and luxury spirits.
See All of Our DefinitionsThis report originates from Passport, our Fine Wines/Champagne and Spirits research and analysis database.
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