NEW YORK, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Alcoholic Beverages Market driven due to the growth of disposable income amongst the consumer groups. This Alcoholic Beverages report studies and analyses facts and figures about the market segmentation very carefully and represents it in the form of graphs for the better understanding of end user. It not only identifies the emerging trends along with major drivers, challenges and opportunities in the market but also analyses them efficiently. The market report has been specially designed by keeping in mind the customer requirements with which businesses can get assistance in increasing their return on investment (ROI). This Alcoholic Beverages Market report has many features to offer about industry such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis.
Global Alcoholic Beverages Market accounted for USD 1,272.85 billion in 2017 and is projected to grow at a CAGR of 5.6% forecast by 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Top Key Players:
- E & J Gallo,
- William Grant & Sons,
- Boston Beer,
- Miller Coors,
- Diageo,
- Treasury Wine Estates,
- Jose Cuervo,
- Constellation Brands,
- Beam-Suntory,
- Mast-Jaegermeister,
- Bacardi,
- Pernod Ricard,
- Edrington Group,
- Brown-Forman,
- Pabst Brewing,
- Anheuser-Busch,
- Carlsberg,
- China Resource Enterprise,
- Accolade Wines,
- Vina Concha y Toro, Torres,
- Heineken,
- The Wine Group,
- Craft Brew Alliance Inc.,
- Molson Coors Brewing Co.,
- Haelwood International Holdings Plc,
- Bundaberg Brewed Drinks Pty Ltd.,
- Among others.
Global Alcoholic Beverages Market, By Product Type (Beer, Wine, Spirits), By Packaging (Plastic Bottles, Glass Bottles, Tins), By Distribution Channel (Modern Trade, Convenience Stores, Specialty Stores, Online Retailers, Hotels/Restaurants/Bars, Commercial Stores), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
Complete report on Global Alcoholic Beverages Market Research Report 2020-2027 spread across 350 Pages, profiling Top companies and supports with tables and figures
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Major Market Drivers and Restraints:
- Growing demand for premium alcoholic beverages
- New product launches and innovations as well as change in consumer preference
- Increase in disposable income of customers
- High cost of premium or super premium products
- Intensification of non-alcoholic beverages market, owing to health concerns
- Increasing government regulation and taxes
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Market Definition: Global Alcoholic Beverages Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the alcoholic beverages market in the next 8 years. Alcoholic beverages are the fermented drinks which contains the chemical properties of ethanol. They are flammable and colorless liquid such as beer, spirits and wine. These are made by allowing the sugars in berries, fruits, grains and others to go through decomposition or fermentation. The percentage of alcohol in drinks can be maximized by the distillation process. In this process, vodka, whisky, brandy, rum is produced, which usually contains 40 percent of pure alcohol. Beer is known to be the finest member of malt family of alcoholic beverages which comprises of malt, ale, stout liquor. Its alcoholic content ranges from about 2 percent to 8 percent. Wine is produced by fermenting the juices of apple, grapes and other fruits under the rigorous temperature control in large vats. Generally, unfortified grape wines consist from 8-14 percent alcohol whereas, fortified wines to which brandy or alcohol is added contains 18-12 percent alcohols. According to Government of Canada, the market size of alcoholic beverages in Canada grew to USD 15,852.7 Million in 2012 from USD 15,720.4 Million in 2011.This states that there is rise in the demand of premium alcoholic beverages. Another factor that helps in driving the alcoholic beverages market is new product launches and innovations related to alcoholic beverages. Diageo, a U.K. based company launched new range of product innovations across its brand portfolio, which includes Guinness, Smirnoff, Pimm’s, Captain Morgan, Gordon’s and CÎROC.
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Market Segmentations:
Global Alcoholic Beverages Market is segmented on the basis of
- Product Type
- Packaging
- Distribution Channel
- Geography
Market Segmentations in Details:
By Product Type
- Beer,
- Wine,
- Spirits,
- Others.
By Packaging
- Plastic bottles,
- Glass bottles,
- Tins,
- Others.
By Distribution Channel
- Modern trade,
- Convenience stores,
- Specialty stores,
- Online retailers,
- Hotels/restaurants and bars,
- Commercial stores,
- Others.
By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
South America
- Brazil
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
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Competitive Analysis: Global Alcoholic Beverages Market
The global alcoholic beverages market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Alcoholic Beverages Market by Regional Outlook
Europe Alcoholic Beverages Market
Segmentation: Europe Alcoholic Beverages Market
- Europe alcoholic beverages market is segmented into five notable segments, which are type, packaging, product type, distribution channel and geography.
- On the basis of type, the market is segmented into beer, distilled spirits, wine, champagne, brandy, ciders, others.
- On the basis of packaging, the market is segmented into bottles, cans and tetra packs.
- On the basis of product type, the market is segmented into flavoured, unflavoured.
- On the basis of distribution channel, the market is segmented into convenience stores, specialty stores, online retailers, hotels/restaurants/bars, others.
Asia Pacific Alcoholic Beverages Market
Market Segmentation: Asia Pacific Alcoholic Beverages Market
- The Asia-Pacific Alcoholic Beverages Market is segmented based on type into seven notable segments; beer, distilled spirits, wine champagne, brandy, cider and others. Beer is sub segmented into ale, lager and hybrid. Distilled spirits is sub segmented into rum, vodka, vodka, gin, tequila, liquor and others. Rum is sub segmented into dark rum and white rum. Wine is sub segmented into by type and by product type. On the basis of type, wine is sub segmented into sparkling and fortified. On the basis of by product type, wine is sub segmented into red wine and white wine.
- The Asia-Pacific alcoholic beverages market is segmented based on packaging into two notable segments; bottles and cans. Bottles are sub segmented into glass and plastic.
- The Asia-Pacific alcoholic beverages market is segmented based on distribution channel into five notable segments; speciality stores, convenience stores, hotels/restaurants/bars, online retailers and others.
- The Asia-Pacific and Middle East and Africa alcoholic beverages market is segmented based on component into two notable segments; flavored and unflavored.
Middle East - Africa Alcoholic Beverages Market
- The Middle East and Africa Alcoholic Beverages Market is segmented based on type into seven notable segments; beer, distilled spirits, wine champagne, brandy, cider and others. Beer is sub segmented into ale, lager and hybrid. Distilled spirits is sub segmented into rum, vodka, vodka, gin, tequila, liqueur and others. Rum is sub segmented into dark rum and white rum. Wine is sub segmented into by type and by product type .type. On the basis of type wine is sub segmented into sparkling and fortified. On the basis of product type, wine is sub segmented into red wine and white wine.
- The Middle East and Africa alcoholic beverages market is segmented based on packaging into two notable segments; bottles and cans. Bottles are sub segmented into glass and plastic.
- The Middle East and Africa alcoholic beverages market is segmented based on distribution channel into five notable segments; Speciality stores, convenience stores, hotels/restaurants/bars, online retailers and others.
- The Middle East and Africa alcoholic beverages market is segmented based on component into two notable segments; flavored and unflavored.
- Based on geography, the market is segmented into 2 geographical countries, South Africa, Rest of Middle East & Africa.
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