Future Projections for the Alcoholic Beverages Market: Trends, Size, and Demand Report

Business Jan 20, 2025 6 Add to Reading List

MarkNtel Advisors analyses the growth rate of the Alcoholic Beverages market in the forecast period from 2022 to 2027. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Alcoholic Beverages market, helping them make informed decisions.

Market Outlook – 2022-2027:

The Global Alcoholic Beverages Market is projected to grow at around 3.2% CAGR during the forecast period, i.e., 2022-27. The growth of the market is driven principally by the growing number of alcohol consumers worldwide and their surging inclination toward premium drinks. It, in turn, is generating growth opportunities for the leading players to increase their production & distribution capacities and introduce new flavours.

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Key Company Profiles

This report explores recent significant developments in the Alcoholic Beverages Market, focusing on the leading companies and their innovative profiles. The major players in the Alcoholic Beverages Market, featured in this report, include:

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

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the Alcoholic Beverages Market to forecast revenues and analyse trends across each of the following sub-markets:

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

Amongst both, Off-trade channels are projected to dominate the Global Alcoholic Beverages Market with the largest share through 2027.

By Packaging
- Bottles
- Tin Cans
- Others
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific

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.

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Key Questions Addressed:

Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?

About Us:

We are a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.