Alcoholic Beverages Market size was estimated at $XX Million in 2020 and is expected to reach $XX Million by 2027, growing at a CAGR of 9.1% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Alcoholic Beverages Market Growth and Trends
The major market drivers are, increase in disposable income of customers, growing demand for premium alcoholic beverages, new product launches and innovations as well as change in consumer preference. The growing demand for premium alcoholic beverages is considered to be one of the primary drivers for this market. Efforts by alcoholic beverage manufacturers for strengthening distribution channels and extension of purchase channels, such as online stores, and convenience stores has also substantially led to the growth of the alcoholic beverages market. New product launches and innovations in alcoholic drinks are favoring growth of the industry. The increase in health concerns among the customers has resulted in customers to switch to low calorie alcoholic drinks, which has compelled vendors to introduce a variety of premixed cocktails with low calorie levels in the market. The major opportunity in this market is making alcoholic drinks healthier like herb infused, gluten free alcoholic drinks and naturally sweetened drinks. Owing to health concerns, there has been a growing demand for non-alcoholic beverages like energy drink and coffee, this has restricted the market growth of the alcoholic beverages. Strict government rules and tax on alcoholic beverages have also hindered market growth of the product.
Alcoholic Beverages Market Regional Analysis
Europe dominates the largest market share for alcoholic beverages market, with France, Germany and Italy leading in this segment. The Asia-Pacific region led by China and India is also anticipated to grow at a rapid rate, followed by North America and the rest of the world (ROW) regions. Some of the reasons fuelling this anticipated growth include the increase in the youth demographic across the globe, rise in demand for premium alcoholic products followed by high disposable income. Companies profiled in the growth of this market include Diageo Plc, Carlsberg Group, Beam-Suntory, Heineken Holding Nv, Anheuser Busch InBev., Constellation Brands, Boston Beer, Mast-Jaegermeister and Accolade Wines.
Alcoholic Beverages Market Share and Competition
Key companies operating in this industry are: Accolade Wines, Asahi Breweries, Brown-Forman, Carlsberg and China Resources Beer
Alcoholic Beverages Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Beer
• Distilled Spirits
• Wine
• Other
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Liquor Stores
• Grocery Shops
• Internet Retailing
• Supermarkets
• Convenience Stores
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Alcoholic Beverages Market Companies
• Accolade Wines
• Asahi Breweries
• Brown-Forman
• Carlsberg
• China Resources Beer
Available Versions:-
United States Alcoholic Beverages Market Research Report
Europe Alcoholic Beverages Market Research Report
Asia Pacific Alcoholic Beverages Market Research Report
India Alcoholic Beverages Market Research Report
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