Press release
Alcoholic Beverages Market CAGR of 3.00% during the forecast period
The report is designed to provide a holistic view of the Alcoholic Beverages Market . It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.Data Bridge Market Research analyses that the alcoholic beverages market is expected to reach USD 1,978.69 billion by 2030, which was USD 1,561.99 billion in 2022, registering a CAGR of 3.00% during the forecast period of 2023 to 2030.
Top Companies in the Alcoholic Beverages Market
Halewood International Limited (U.K.), Davide Campari-Milano N.V. (Netherlands), Diageo (U.K.), ASAHI GROUP HOLDINGS, LTD. (Japan), Accolade Wines (Australia), Bacardi (Bermuda), Mike's Hard Lemonade Co. (U.S.), CASTEL FRÈRES. (France), SUNTORY HOLDINGS LIMITED (Japan), Anheuser-Busch Companies LLC (U.S.), Brown‑Forman (U.S.), Pernod Ricard (France), Miller Brewing Co. (U.S.)
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This report segments the Alcoholic Beverages Market are:
Product Type
Beer
Ale
Lager
Hybrid
Wine
Sparkling Wine
Fortified Wine
Others
Spirits
Rum
Vodka
Whiskey
Other Spirits
Others
Alcoholic Content
High
Medium
Low
Flavor
Unflavored
Flavored
Category
Mass
Premium
Packaging
Plastic Bottles
Glass Bottles
Tins
Distribution Channel
Modern Trade
Convenience Stores
Specialty Stores
Online Retailers
Hotels/Restaurants/Bars
Commercial Stores
On-Premises
Liquor Stores
Grocery Shops
Internet Retailing
Supermarkets
Drivers
Increasing online platforms for buying alcoholic beverages
The growing online platform for purchasing alcoholic beverages is expected to drive the market's growth during the forecast period. There are numerous online websites to offer alcoholic beverages distribution facilities and corporate parties for beer and wine service. There is also a substantial distribution services facility from numerous manufacturers to various countries and local breweries and liquor stores. However, all online alcohol order platforms must be made, shipped to, and processed by an adult who is 21 or older. Hence, increasing online platforms for buying alcoholic beverages boosts the market growth.
Growing preference among consumers for hybrid beverages
Manufacturers of alcoholic beverages are now offering ready-to-mix hybrid beverages to fulfill the changing consumer preferences and tastes. Hybrid beverages are formed by using unique flavor combinations and production methods from several drinks. Some of the popular beverages include Malibu red (rum and tequila), absolute tune (vodka and sparkling wine), and Kahlua midnight (rum and Kahlua). Therefore, the growing preference among consumers for hybrid beverages is likely to drive market growth.
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https://www.databridgemarketresearch.com/reports/global-alcoholic-beverages-market
A reliable Alcoholic Beverages Market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Alcoholic Beverages Market report.
Significant Features that are under Offering and Key Highlights of the
Reports:
-Detailed overview of Alcoholic Beverages Market
-Changing the Alcoholic Beverages Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Alcoholic Beverages Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Alcoholic Beverages Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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