The Global Alcoholic Beverages Market is projected to grow at around 3.2% CAGR during the forecast period, i.e., 2022-27.
The latest report by MarkNtel Advisors, titled “Alcoholic Beverages Market Size study report 2022-27 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Alcoholic Beverages Market Share, Size, and Industry Analysis. By Product Type (Beer (Based on Alcohol Percentage) (Less than 8%, More than 8%), Spirits (Rum, Vodka, Whiskey, Others (Gin, Brandy, Tequila, etc.)), Wines), By Distribution Channel (On-Trade (Bars & Restaurants, Nightclubs, Hotels), Off-Trade (Hypermarkets & Supermarkets, Specialty Stores)), By Packaging (Bottles, Tin Cans), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Countries (The US, Canada, Mexico, Brazil, Argentina, Germany, The UK, France, Italy, Spain, Russia, UAE, South Africa, China, India, Japan, Australia, South Korea, Indonesia). The Alcoholic Beverages Market is projected to grow at around 3.2% CAGR during the forecast period, i.e., 2022-27.
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Key Driver: Growing Beer Consumption due to Westernization & Increasing Disposable Income
The gradually improving purchase power of people, especially across regions like Asia-Pacific & South America, is leading to the burgeoning popularity & sales of alcoholic beverages like beer, which, in turn, is driving the Global Alcoholic Beverages Market. Besides, the rising influence of western culture on people across different countries in these regions is another prominent factor augmenting the demand for alcoholic beverages and stimulating the overall market growth.
By Product Type
-Beer (Based on Alcohol Percentage)
–Less than 8%
–More than 8%
–Others
-Spirits
–Rum
–Vodka
–Whiskey
–Others (Gin, Brandy, Tequila, etc.)
-Wines
By Distribution Channel
-On-Trade
–Bars & Restaurants
–Nightclubs
–Hotels
–Others
-Off-Trade
–Hypermarkets & Supermarkets
–Specialty Stores
–Others
By Packaging
-Bottles
-Tin Cans
-Others
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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-Anheuser-Busch InBev
-Asahi Group Holdings Ltd
-Bacardi Limited
-Boston Beer Company Inc.
-Carlsberg Group
-Constellation Brands Inc.
-Diageo PLC
-Heineken Holding NV
-Molson Coors Brewing Company
-Suntory Beverage & Food Limited
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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