The Global Cachaca Market Size was Worth around USD 1.10 Billion in 2023 and is Predicted to Grow to around USD 2.72 Billion By 2033 with a Compound Annual Growth Rate (CAGR) of 9.48% between 2023 and 2033. The cachaça market is driven by rising cocktail culture growth, premium spirit demand growth, growth in Brazilian culture interest, and cachaça's versatility in mixology.