Summary

The global absinthe market size reached USD 50.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 64.0 Billion by 2033, exhibiting a growth rate (CAGR) of 2.7% during 2025-2033. The increasing consumer demand for craft spirits, a resurgence in cocktail culture, the popularity of artisanal and premium beverages, expanding distribution channels, and evolving regulatory landscapes are propelling the market growth.


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 2025-2033. 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.

Key Questions Answered in This Report

1. What was the size of the global absinthe market in 2024?
2. What is the expected growth rate of the global absinthe market during 2025-2033?
3. What are the key factors driving the global absinthe market?
4. What has been the impact of COVID-19 on the global absinthe market?
5. What is the breakup of the global absinthe market based on the type?
6. What is the breakup of the global absinthe market based on the application?
7. What are the key regions in the global absinthe market?
8. Who are the key players/companies in the global absinthe market?

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Table of Contents

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 USD), 2019-2024
Figure 3: Global: Absinthe Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Absinthe Market: Breakup by Type (in %), 2024
Figure 5: Global: Absinthe Market: Breakup by Application (in %), 2024
Figure 6: Global: Absinthe Market: Breakup by Region (in %), 2024
Figure 7: Global: Absinthe (Absinthe Blanche) Market: Sales Value (in Million USD), 2019 & 2024
Figure 8: Global: Absinthe (Absinthe Blanche) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 9: Global: Absinthe (Absinthe Amber) Market: Sales Value (in Million USD), 2019 & 2024
Figure 10: Global: Absinthe (Absinthe Amber) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 11: Global: Absinthe (Absinthe Verte) Market: Sales Value (in Million USD), 2019 & 2024
Figure 12: Global: Absinthe (Absinthe Verte) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 13: Global: Absinthe (Absinthe Ordinaire) Market: Sales Value (in Million USD), 2019 & 2024
Figure 14: Global: Absinthe (Absinthe Ordinaire) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 15: Global: Absinthe (Absinthe Reve Pastis) Market: Sales Value (in Million USD), 2019 & 2024
Figure 16: Global: Absinthe (Absinthe Reve Pastis) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 17: Global: Absinthe (Absinthe Bohemian) Market: Sales Value (in Million USD), 2019 & 2024
Figure 18: Global: Absinthe (Absinthe Bohemian) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 19: Global: Absinthe (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
Figure 20: Global: Absinthe (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 21: Global: Absinthe (Food and Beverage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 22: Global: Absinthe (Food and Beverage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 23: Global: Absinthe (Cosmetic) Market: Sales Value (in Million USD), 2019 & 2024
Figure 24: Global: Absinthe (Cosmetic) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 25: Global: Absinthe (Medical) Market: Sales Value (in Million USD), 2019 & 2024
Figure 26: Global: Absinthe (Medical) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 27: North America: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 28: North America: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 29: United States: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 30: United States: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 31: Canada: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 32: Canada: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 33: Asia-Pacific: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 34: Asia-Pacific: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 35: China: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 36: China: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 37: Japan: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 38: Japan: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 39: India: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 40: India: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 41: South Korea: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 42: South Korea: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 43: Australia: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 44: Australia: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 45: Indonesia: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 46: Indonesia: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 47: Others: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 48: Others: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 49: Europe: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 50: Europe: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 51: Germany: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 52: Germany: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 53: France: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 54: France: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 55: United Kingdom: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 56: United Kingdom: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 57: Italy: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 58: Italy: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 59: Spain: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 60: Spain: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 61: Russia: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 62: Russia: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 63: Others: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 64: Others: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 65: Latin America: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 66: Latin America: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 67: Brazil: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 68: Brazil: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 69: Mexico: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 70: Mexico: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 71: Others: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 72: Others: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 73: Middle East and Africa: Absinthe Market: Sales Value (in Million USD), 2019 & 2024
Figure 74: Middle East and Africa: Absinthe Market: Breakup by Country (in %), 2024
Figure 75: Middle East and Africa: Absinthe Market Forecast: Sales Value (in Million USD), 2025-2033
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, 2024 & 2033
Table 2: Global: Absinthe Market Forecast: Breakup by Type (in Million USD), 2025-2033
Table 3: Global: Absinthe Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 4: Global: Absinthe Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 5: Global: Absinthe Market: Competitive Structure
Table 6: Global: Absinthe Market: Key Players