The global Cognac market size is predicted to grow from US$ 4500 million in 2025 to US$ 5574 million in 2031; it is expected to grow at a CAGR of 3.6% from 2025 to 2031.
Cognac is a variety of brandy that comes from the Cognac region in France, and it is produced under strict guidelines to maintain its high quality. The spirit is made primarily from Ugni Blanc grapes and undergoes a double distillation process in copper pot stills. After distillation, it is aged in oak barrels, which imparts distinctive flavors such as vanilla, caramel, and oak. Cognac is often categorized based on its age, with classifications such as VS (Very Special), VSOP (Very Superior Old Pale), and XO (Extra Old) indicating the aging process.
The market for cognac is a global one, with demand rising in several international markets, especially in regions such as the United States, China, and Europe. Historically, cognac has been seen as a luxury product, but the market has evolved over the years to cater to a broader audience, with younger generations also beginning to embrace the spirit, particularly in the context of premium and ultra-premium offerings.
The cognac market has experienced significant growth in recent years, particularly in emerging markets like China and the United States. Premiumization is a key trend, with consumers willing to pay more for high-quality, aged cognac. In addition, there is a noticeable shift towards younger, more diverse consumers, especially millennials, who view cognac not just as a traditional drink for older generations but as a trendy, luxurious product for their social occasions.
Innovation is also a critical driver in the cognac industry. Producers are experimenting with new aging techniques, unique blends, and limited-edition releases to appeal to discerning customers who value craftsmanship and exclusivity. Additionally, the trend of sustainability is influencing the industry, with some producers focusing on eco-friendly practices in grape farming, distillation, and packaging.
Growth Drivers:
The growth of the cognac market is driven by several factors, including the increasing global demand for luxury spirits, the rise of premium and super-premium categories, and the growing interest from younger, more adventurous consumers. The expanding middle class in China has been a particularly important factor, with more individuals now able to afford luxury products like cognac. In addition, the development of new markets, particularly in Asia and Africa, is contributing to the global growth of the industry.
The emphasis on premiumization, coupled with the storytelling aspect of cognac, has made it appealing to consumers who value authenticity and heritage. The use of social media and influencer marketing has also helped to attract younger demographics to cognac, making it a part of the broader lifestyle culture.
Challenges:
Despite its growth, the cognac market faces several challenges. One of the primary challenges is the increasing competition from other premium spirits like Scotch whisky and rum, which are gaining traction in key markets. Additionally, climate change poses a threat to the grape-growing regions, which could impact the supply and quality of raw materials. Trade restrictions and tariffs also pose risks for international sales, especially in key markets like the U.S. and China.
The 鈥淐ognac Industry Forecast鈥� looks at past sales and reviews total world Cognac sales in 2024, providing a comprehensive analysis by region and market sector of projected Cognac sales for 2025 through 2031. With Cognac sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cognac industry.
This Insight Report provides a comprehensive analysis of the global Cognac landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cognac portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Cognac market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cognac and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cognac.
This report presents a comprehensive overview, market shares, and growth opportunities of Cognac market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
VS
VSOP
XO
Segmentation by Application:
Online
Offline
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hennessy
Martell
Remy Martin
Hine/EDV SAS
Camus
Louis ROYER
Baron Otard
Bisquit
Courvoisier
A.E. Dor
Bache-Gabrielsen
Ferrand Cognac
Frapin
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cognac market?
What factors are driving Cognac market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cognac market opportunities vary by end market size?
How does Cognac break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cognac Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Cognac by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Cognac by Country/Region, 2020, 2024 & 2031
2.2 Cognac Segment by Type
2.2.1 VS
2.2.2 VSOP
2.2.3 XO
2.3 Cognac Sales by Type
2.3.1 Global Cognac Sales Market Share by Type (2020-2025)
2.3.2 Global Cognac Revenue and Market Share by Type (2020-2025)
2.3.3 Global Cognac Sale Price by Type (2020-2025)
2.4 Cognac Segment by Application
2.4.1 Online
2.4.2 Offline
2.5 Cognac Sales by Application
2.5.1 Global Cognac Sale Market Share by Application (2020-2025)
2.5.2 Global Cognac Revenue and Market Share by Application (2020-2025)
2.5.3 Global Cognac Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Cognac Breakdown Data by Company
3.1.1 Global Cognac Annual Sales by Company (2020-2025)
3.1.2 Global Cognac Sales Market Share by Company (2020-2025)
3.2 Global Cognac Annual Revenue by Company (2020-2025)
3.2.1 Global Cognac Revenue by Company (2020-2025)
3.2.2 Global Cognac Revenue Market Share by Company (2020-2025)
3.3 Global Cognac Sale Price by Company
3.4 Key Manufacturers Cognac Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Cognac Product Location Distribution
3.4.2 Players Cognac Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Cognac by Geographic Region
4.1 World Historic Cognac Market Size by Geographic Region (2020-2025)
4.1.1 Global Cognac Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Cognac Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Cognac Market Size by Country/Region (2020-2025)
4.2.1 Global Cognac Annual Sales by Country/Region (2020-2025)
4.2.2 Global Cognac Annual Revenue by Country/Region (2020-2025)
4.3 Americas Cognac Sales Growth
4.4 APAC Cognac Sales Growth
4.5 Europe Cognac Sales Growth
4.6 Middle East & Africa Cognac Sales Growth
5 Americas
5.1 Americas Cognac Sales by Country
5.1.1 Americas Cognac Sales by Country (2020-2025)
5.1.2 Americas Cognac Revenue by Country (2020-2025)
5.2 Americas Cognac Sales by Type (2020-2025)
5.3 Americas Cognac Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Cognac Sales by Region
6.1.1 APAC Cognac Sales by Region (2020-2025)
6.1.2 APAC Cognac Revenue by Region (2020-2025)
6.2 APAC Cognac Sales by Type (2020-2025)
6.3 APAC Cognac Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Cognac by Country
7.1.1 Europe Cognac Sales by Country (2020-2025)
7.1.2 Europe Cognac Revenue by Country (2020-2025)
7.2 Europe Cognac Sales by Type (2020-2025)
7.3 Europe Cognac Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Cognac by Country
8.1.1 Middle East & Africa Cognac Sales by Country (2020-2025)
8.1.2 Middle East & Africa Cognac Revenue by Country (2020-2025)
8.2 Middle East & Africa Cognac Sales by Type (2020-2025)
8.3 Middle East & Africa Cognac Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Cognac
10.3 Manufacturing Process Analysis of Cognac
10.4 Industry Chain Structure of Cognac
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Cognac Distributors
11.3 Cognac Customer
12 World Forecast Review for Cognac by Geographic Region
12.1 Global Cognac Market Size Forecast by Region
12.1.1 Global Cognac Forecast by Region (2026-2031)
12.1.2 Global Cognac Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Cognac Forecast by Type (2026-2031)
12.7 Global Cognac Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Hennessy
13.1.1 Hennessy Company Information
13.1.2 Hennessy Cognac Product Portfolios and Specifications
13.1.3 Hennessy Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Hennessy Main Business Overview
13.1.5 Hennessy Latest Developments
13.2 Martell
13.2.1 Martell Company Information
13.2.2 Martell Cognac Product Portfolios and Specifications
13.2.3 Martell Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Martell Main Business Overview
13.2.5 Martell Latest Developments
13.3 Remy Martin
13.3.1 Remy Martin Company Information
13.3.2 Remy Martin Cognac Product Portfolios and Specifications
13.3.3 Remy Martin Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Remy Martin Main Business Overview
13.3.5 Remy Martin Latest Developments
13.4 Hine/EDV SAS
13.4.1 Hine/EDV SAS Company Information
13.4.2 Hine/EDV SAS Cognac Product Portfolios and Specifications
13.4.3 Hine/EDV SAS Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Hine/EDV SAS Main Business Overview
13.4.5 Hine/EDV SAS Latest Developments
13.5 Camus
13.5.1 Camus Company Information
13.5.2 Camus Cognac Product Portfolios and Specifications
13.5.3 Camus Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Camus Main Business Overview
13.5.5 Camus Latest Developments
13.6 Louis ROYER
13.6.1 Louis ROYER Company Information
13.6.2 Louis ROYER Cognac Product Portfolios and Specifications
13.6.3 Louis ROYER Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Louis ROYER Main Business Overview
13.6.5 Louis ROYER Latest Developments
13.7 Baron Otard
13.7.1 Baron Otard Company Information
13.7.2 Baron Otard Cognac Product Portfolios and Specifications
13.7.3 Baron Otard Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Baron Otard Main Business Overview
13.7.5 Baron Otard Latest Developments
13.8 Bisquit
13.8.1 Bisquit Company Information
13.8.2 Bisquit Cognac Product Portfolios and Specifications
13.8.3 Bisquit Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Bisquit Main Business Overview
13.8.5 Bisquit Latest Developments
13.9 Courvoisier
13.9.1 Courvoisier Company Information
13.9.2 Courvoisier Cognac Product Portfolios and Specifications
13.9.3 Courvoisier Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Courvoisier Main Business Overview
13.9.5 Courvoisier Latest Developments
13.10 A.E. Dor
13.10.1 A.E. Dor Company Information
13.10.2 A.E. Dor Cognac Product Portfolios and Specifications
13.10.3 A.E. Dor Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 A.E. Dor Main Business Overview
13.10.5 A.E. Dor Latest Developments
13.11 Bache-Gabrielsen
13.11.1 Bache-Gabrielsen Company Information
13.11.2 Bache-Gabrielsen Cognac Product Portfolios and Specifications
13.11.3 Bache-Gabrielsen Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Bache-Gabrielsen Main Business Overview
13.11.5 Bache-Gabrielsen Latest Developments
13.12 Ferrand Cognac
13.12.1 Ferrand Cognac Company Information
13.12.2 Ferrand Cognac Cognac Product Portfolios and Specifications
13.12.3 Ferrand Cognac Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Ferrand Cognac Main Business Overview
13.12.5 Ferrand Cognac Latest Developments
13.13 Frapin
13.13.1 Frapin Company Information
13.13.2 Frapin Cognac Product Portfolios and Specifications
13.13.3 Frapin Cognac Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Frapin Main Business Overview
13.13.5 Frapin Latest Developments
14 Research Findings and Conclusion
听
听
*If Applicable.