IMARC Group, a leading market research company, has recently releases report titled “Cognac Market Report by Grade Type (VS (Very Special), VSOP (Very Special Old Pale), XO (Extra Old), and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Liquor Stores, Online Stores, and Others), and Region 2025-2033” The study provides a detailed analysis of the industry, including the global cognac market trends, share, size and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How Big Is the Cognac Market?

The global cognac market size reached USD 2.43 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.11 Billion by 2033, exhibiting a growth rate (CAGR) of 2.42% during 2025-2033. The market is driven by a surge in demand for premium spirits across the globe, rising influence of evolving cultural trends, innovative product developments, the sudden shift towards e-commerce and digital marketing, and the growing emphasis on sustainability and ethical production.

Global Cognac Market Trends 2025:

The cognac market is poised for dynamic growth, influenced by trends in premiumization, expansion into emerging markets, and a commitment to sustainability. The premiumization trend will continue to dominate, with consumers increasingly gravitating towards high-quality cognacs that offer unique tasting experiences and artisanal craftsmanship. This shift will be accompanied by a growing interest in limited-edition releases and age-statement products that emphasize heritage and exclusivity. Meanwhile, emerging markets, particularly in Asia, will play a crucial role in driving demand, as affluent consumers seek luxury experiences and sophisticated beverages. The cognac industry will likely see increased investment in marketing strategies tailored to these regions, highlighting the versatility of cognac in cocktails and its status as a premium spirit. Furthermore, sustainability will emerge as a central theme, with producers adopting eco-friendly practices and communicating their commitment to responsible sourcing. As the cognac market evolves, it will be characterized by innovation, a focus on quality, and a deepening connection with consumers who value both heritage and sustainability as we move toward 2025.

Factors Affecting the Growth of the Cognac Industry:

Increasing global demand for premium spirits:

As disposable incomes rise, especially in developed regions such as North America and Europe, consumers are shifting toward higher-end alcoholic beverages, including cognac. Cognac is perceived as a status symbol known for its quality, craftsmanship, and heritage. This appeal has made it a popular choice among affluent consumers who are willing to pay a premium for luxury products. Moreover, the trend toward premiumization within the alcohol industry has driven brands to focus on offering exclusive and limited-edition cognac variants, further boosting demand. The shift away from mass-produced, low-cost spirits to premium options is evident in bars, restaurants, and retail outlets, where cognac is increasingly featured as a top-tier choice for consumers seeking refined drinking experiences, thus supporting the market growth.

Growing consumer interest in luxury and craft beverages:

Cognac’s long-standing reputation as a sophisticated, high-quality spirit makes it a preferred choice among connoisseurs who appreciate authenticity and tradition. With the global boom in craft beverages, consumers are seeking more artisanal and small-batch products, a trend that plays into the strengths of cognac producers. Cognac is crafted using traditional methods that have been perfected over centuries, making it a standout product in the premium spirits category. This growing appreciation for artisanal craftsmanship is attracting a younger, more adventurous demographic, especially in urban areas, who are drawn to the narrative of heritage, expertise, and exclusivity that cognac represents, thereby impelling the market demand.

• The expanding influence of emerging markets:

Countries like China, India, and Singapore have seen a surge in demand for premium cognac as their economies grow and the middle class expands. In China, cognac has become especially popular, often associated with social status and luxury, making it a staple at high-end events and gatherings. Rising disposable incomes and an increasing desire for luxury goods in these regions also fuel this trend. In addition to Asia, other regions like Africa and Latin America are also showing growing interest in cognac, as global travel and exposure to Western luxury goods increase the awareness and demand for premium spirits in these regions, contributing to the market expansion.

Request for a sample copy of this report: https://www.imarcgroup.com/cognac-market/requestsample

 Cognac Market Report Segmentation:

Breakup By Grade Type:

• VS (Very Special)
• VSOP (Very Special Old Pale)
• XO (Extra Old)
• Others

VS (Very Special) accounts for the majority of shares due to its affordability and versatility in cocktails, making it accessible to a broad range of consumers.

Breakup By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Liquor Stores
• Online Stores
• Others

Supermarkets and hypermarkets dominate the market growth as they offer wide accessibility and variety, making them a convenient option for consumers purchasing cognac.

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

North America holds the leading position due to its strong demand for premium spirits and the growing cocktail culture that heavily incorporates cognac.

Top Cognac Market Leaders:

The cognac 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:

• Camus Cognac
• Courvoisier S.A.S.
• KELT International
• LVMH Moët Hennessy Louis Vuitton
• Maison Delamain
• Maison Ferrand
• Meukow Co
• Pernod Ricard
• Remy Cointreau
• Thomas HINE Co. (EDV SAS)

Buy Now: https://www.imarcgroup.com/checkout?id=3809method=1670

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.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145