Alcoholic Beverages Market Growth, Trends, And Forecasts (2018–2023)

Recent Developments
Bacardi Limited is the massive privately held, family-owned spirits company in the world. Originally known for its eponymous Bacardi white rum. The Bacardi brand portfolio includes more than 200 brands and labels, including BACARDÍ® rum, GREY GOOSE® vodka, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other driving and emerging brands including WILLIAM LAWSON’S® Blended Scotch whisky, ST-GERMAIN® elderflower liqueur, and ERISTOFF® . Bacardi Limited acquired the completion of a transaction that makes the family-owned company the sole owner of Patrón Spirits International AG and its PATRÓN® brand, the world’s top-selling super-premium tequila. the acquisition makes Bacardi as leading spirits company in the super-premium segment in the United States.

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Market Segmentations
Market Data Forecast published a report named Alcoholic Beverages Market. The market is expected grow at a robust CAGR during the forecast period (2018-2023).

Report is segmented by
Type
• Beer,
• Wine,
• Distilled spirits.
Distribution Channel
• Convenience Stores,
• On Premises,
• Retailers,
• Supermarkets.

Based on the type, Beer segment has a major share in Alcoholic Beverages market in 2017 which was around 75%. On the bases of Distribution channel, Convenience Stores is expected to have largest growth rate.

Geographical Segmentation:
Based on the geography the market is analyzed under several regions namely, North America, Europe, Asia-Pacific, Latin America and Middle East Asia. North America is expected to constitute the highest share in this market, while the Asia Pacific region is expected to witness the fastest growth and beat North America, being the second highest shareholder for the market during the forecast period.

Key market players in the market are –
• Molson Coors Brewing Co.,
• Pernod Ricard SA,
• SABMiller Ltd.,
• United Spirits Ltd.

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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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This release was published on openPR.