[German data agency: global spirits market will continue to grow and revenue is expected to reach $525.3 billion this year] April 15, the latest data from German statistics agency Statista show that total revenue of the global spirit market is expected to reach 525.3 billion US dollars in 2023, and revenue of the spirit market is expected to maintain an average annual compound growth rate of 4.56 per cent from this year to 2027. In addition to Chinese spirits, spirits include brandy, whisky, vodka, gin, rum and tequila, which are commonly referred to as the seven major spirits in the world.