Chicago, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Markets N Research has recently released expansive research on Global Alcoholic Beverages Market with 100+ market data Tables, Pie Chart, and Graphs & Figures spread through Pages and easy to understand detailed analysis. The report endows with wide-ranging statistical analysis of the market’s continuous developments, capacity, production, production value, cost/profit, supply/demand and import/export. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. Teams of experienced and consummate market research professionals persistently track key industries to spot key developments, unmet needs and possible growth opportunities. A numerous markets, marketing strategies, trends, future products and rising opportunities have been considered while studying market for preparing this Alcoholic Beverages report. This market research report serves the clients by providing data and information on their business scenario with which they can stay ahead of the competition in today's rapidly changing business environment.
The global alcoholic beverages market is expected to exhibit strong growth, reaching USD 2544.5 billion by 2028. As per the report titled "Alcoholic beverages Market Size, Share & COVID-19 Impact Analysis, By Type (Beer, Distilled Spirits, Wine and Others), By Distribution Channel (Convenience Stores, On-Premises, Liquor Stores, Grocery Shops, Internet Retailing and Supermarkets) and Regional Forecasts, 2022-2028" observes that the market size in 2021 stood at USD 1428.5 billion and USD 2544.5 billion in 2028. The market is expected to exhibit a CAGR of 10.10% during the forecast period.
Get a Sample PDF of Alcoholic Beverages Market Research Report: https://marketsnresearch.com/sample/1593
Alcoholic Beverages Market Analysis:
The increasung number of young adults is likely to be a major factor driving the growth of the alcoholic beverages market during the forecast period. The increased demand for premium / super-premium products will move the alcoholic beverages industry forward. Moreover, the increased awareness of the negative effects of low alcohol intake is expected to cushion the expansion of the alcoholic beverages industry. However, the rising cost of premium / super premium goods is expected to hamper the expansion of the alcoholic drinks market throughout the forecast period. Furthermore, the outline of robust breweries and spirits will create additional potential prospects for the alcoholic drinks market to flourish in the next years.
Report Scope:
| Report Coverage | Details |
| Forecast Period | 2023-2030 |
| Forecast Period 2023 to 2030 CAGR | 10.10 % |
| 2028 Value Projection | 2544.5 billion |
| Base Year | 2022 |
| Market Size in 2021 | 1428.5 billion |
| Historical Data for | 2016 - 2021 |
| Segments covered | By Type, By Distribution Channel and By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
List Of Key Companies Profiled:
- ANHEUSER-BUSCH INBEV
- BACARDI LIMITED
- CARLSBERG GROUP
- CONSTELLATION BRANDS, INC
- DIAGEO PLC
- HEINEKEN HOLDING NV. (HEINEKEN N.V.)
- MOLSON COORS BREWING COMPANY
- PERNOD RICARD SA
- SUNTORY HOLDINGS LTD. (BEAM SUNTORY INC.)
- UNITED SPIRITS LIMITED
Pernod Ricard Announced Collaboration with EducateAll platform of United Nations to Offer Free Sustainable Bartending Training
In May 2020, Pernod Ricard announced a collaboration with the United Nations EducateAll platform to provide free, long-term, and affordable bartending training via online platforms. All legal-drinking-age individuals can access the online courses using the EdApp mobile learning platform. This mobile platform collaborates EducateAll and the United Nations Institute for Training and Research.
Major Players Develop Acquisition Plans to Boost Brand Image
The leading businesses in the alcoholic beverages market plan acquisitions to improve their brand recognition globally. For instance, in February 2022, Bud Light NEXT, a beer with no carbs, was made available in the U.S. by AB-InBev. The lager with a 4% ABV is low in calories, has no carbohydrates, and is light. The Super Bowl and the sweepstakes program, which may increase consumer attention, are anticipated to boost this debut.
Make an Enquiry before Buying @ https://marketsnresearch.com/buying-request/1593
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- MNR research methodology
Driving Factors:
- Rising Interest in Craft Alcoholic Beverages to Boost Market
Customers are becoming more accustomed to the craft alcoholic beverage market. The market offers a wide range of craft beer flavors. Well-known breweries will likely devise plans to introduce their craft beer line or buy out rivals' labels or brands. They will now have access to various marketing strategies and small brewers' distribution networks. Similarly, the craft spirits, craft liquor, craft cocktail, and craft cider markets are also growing. The young female consumer group is where craft ciders are most popular. Craft spirits are becoming increasingly popular as consumers, particularly Gen-X and Millennial age groups, demand newer flavors and varieties. The market is growing as a result of such factors.
- Premiumization of Alcoholic Beverages is Driving Market
Consumers around the world have more developed palates than a decade ago. They are continually on the lookout for a novel, high-quality alcoholic beverages. The integration of natural ingredients in alcoholic beverages enhances their functionality, and such products are gaining consumer attention. The growing health consciousness among people, which encourages the integration of functional and natural ingredients, opens up more opportunities for the premium alcohol market. In recent years, the food service industry has seen massive sales, with premium alcoholic beverages, particularly premium wine and whiskey, accounting for a sizable portion of those sales. ?
Restraining Factors:
- Prevalence of Fake Goods Could Limit Market Expansion
The booming market for fake alcoholic beverages poses a continuing threat to the alcoholic beverage sector. Such products significantly negatively impact consumer health and cause significant financial losses for producers worldwide. These products have packaging and labels that resemble the originals. One of the most frequently imitated spirits is vodka. Numerous homebrewed rice wines sold illegally in China have slowed the expansion of the organized wine sector. To prevent the emergence of fake alcoholic beverages, which could slow the market's expansion throughout the projection period, it is crucial to take action.
Challenging Factors:
- Market will be Hampered by Emerging Energy Drinks and Consumer Health Perspectives.
As consumers' opinions of their health and well-being affect their purchase decisions, non-alcoholic and energy drinks are replacing various alcoholic beverages, posing a challenge to the industry. The industry may encounter difficulties due to consumers' greater health consciousness and their growing understanding of the risks associated with alcoholic beverages.
To Gain More Insights into the Market Analysis, Browse Summary of the Alcoholic Beverages Market Report @ https://marketsnresearch.com/report/1593/global-alcoholic-beverages-market
Global Alcoholic Beverages Market Segmentations:
Global Alcoholic Beverages Market By Type:
- Beer
- Distilled Spirits
- Wine
- Others
Global Alcoholic Beverages Market By Distribution Channel:
- Convenience Stores
- On-Premises
- Liquor Stores
- Grocery Shops
- Internet Retailing
- Supermarkets
Alcoholic Beverages Market: Key Players
The research study includes profiles of leading companies operating in the global Alcoholic Beverages market. Key players profiled in the report include: #InBev , #BacardiLimited , #Carlsberg , #ConstellationBrands , #Diageo , #Heineken , #MolsonCoors , #PernodRicard , #BeamSuntory
The competition among the players is expected to get intense with the next few years with the growing focus of the players on the research and development activities with new launches.
Global Alcoholic Beverages Market Regional Insights:
North America is projected to hold the largest share of the alcoholic beverages market over the forecast period because of the increase in the number of young adults. Furthermore, rising consumption of high-quality alcoholic beverages will drive the region's alcoholic beverages market growth during the forecast period. The growing trend in the United States to adopt classic alcoholic beverage brands such as Arnold Palmer Spiked Half & Half, Bergenbier, and Burgasko will aid market growth. Furthermore, private sector funding in Canada to acquire premium alcoholic beverages is expected to boost the market growth.
Further Report Findings
- The market in North America is expected to gain a huge portion of the global alcoholic beverages market share in the coming years due to an increase in the number of young adults and increased use of fine alcohol.
- In addition, the U.S.'s exploding demand for alcoholic beverages is fueled partly by the country's quickly increasing number of restaurants, cafes, hotels, and bars.
- In Asia Pacific, the growth in this region is primarily driven by a considerable rise in the region's disposable income.
Access Full Report @ https://marketsnresearch.com/checkout/1593/1ecda5z5e4
Key questions answered in this report:
- What is the size of the Alcoholic Beverages market and what is its expected growth rate?
- What are the primary driving factors that push the Alcoholic Beverages market forward?
- What are the Alcoholic Beverages Industry's top companies?
- What are the different categories that the Alcoholic Beverages Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Alcoholic Beverages market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types, by Distribution Channel Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Table of Content
Chapter 1: Preface
Chapter 2: Report Summary
Chapter 3: COVID 19 Impact Analysis
Chapter 4: Global Alcoholic Beverages Market, By Type Segment Analysis
Chapter 5: Global Alcoholic Beverages Market, By Distribution Channel Segment Analysis
Chapter 6: Alcoholic Beverages Market – Regional Analysis, 2022 – 2030
Chapter 7: Alcoholic Beverages Market – Industry Analysis
Chapter 8: Competitive Landscape
Chapter 9: Company Profiles
Chapter 10: Research Methodology
Chapter 11: Questionnaire
Chapter 12: Related Reports
Customize this Report @ https://marketsnresearch.com/customization-request/1593
Key Insights from Primary Research/Key Insights & Findings from the report:
- As per the analysis shared by our primary respondents, the Alcoholic Beverages market is expected to grow annually at a CAGR of around 10.10 %.
- Through primary research, it was established that the Alcoholic Beverages market was valued at around USD 1428.5 billion in 2021.
- Based on type, the alcoholic beverages market is segmented into beer, distilled spirits, wine, and others. The beer was predicted to show maximum market share in the year 2021.
- The key factor driving the market is the Premiumization of Alcoholic Beverages.
- The “North America” region will lead the global Alcoholic Beverages market during the forecast period 2022 to 2030.
Spectacular Deals
- Comprehensive coverage
- Maximum number of market tables and figures
- Subscription-based option offered
- Best price guarantee
- Free 35% or 60 hours of customization.
- Free post-sale service assistance.
- 25% discount on your next purchase.
- Service guarantees are available.
- Personalized market brief by author.
Browse More Markets N Research Reports:
Global Automation Testing Market by Testing Type (Non-functional Testing, Functional Testing), Service (Planning & Development, Advisory & Consulting, Implementation, Support & Maintenance, Managed, Documentation & Training, On-Premises, Others), Organization Size (Small & Medium Enterprises, Large Enterprises), Endpoint Interface (Web, Cloud, Desktop, Mobile), Verticals (BFSI, Manufacturing, Defence & Aerospace, Retail, Logistics & Transportation, Telecom & IT, Healthcare & Life Sciences, Automotive, Others) and Region - Global Forecast to 2028: https://marketsnresearch.com/report/1568/global-automation-testing-market
Global Electric Car Market Size, Share & COVID-19 Impact Analysis, By Propulsion (BEV, FCEV, PHEV, and HEV), By Power Output (Less Than 100kW and 100 kW to 250 kW), By End Use (Private and Commercial) and Regional Forecasts, 2022-2028: https://marketsnresearch.com/report/1591/global-electric-car-market
Global Resin Market Size, Share & COVID-19 Impact Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene and Others), By End Use Industry (Packaging, Automotive & Transportation, Building & Construction, Consumer Goods/Lifestyle, Electrical & Electronics, Agriculture and Others) and Regional Forecasts, 2022-2028: https://marketsnresearch.com/report/1590/global-resin-market
Global Wearable Sensors Market Size, Share & COVID-19 Impact Analysis, By Type (Accelerometers, Magnetometers, Gyroscopes, Inertial Sensors, Motion Sensors, Pressure & Force Sensors, Temperature & Humidity Sensors, Microphones & Microspeakers, Medical-based Sensors, Image Sensors, Touch Sensors, and Other Sensors), By Technology (MEMS, CMOS, and Other Technologies), By Application (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, and Other Application), By Vertical (Consumer Goods, Healthcare, Industrial and Other Verticals) and Regional Forecasts, 2022-2028: https://marketsnresearch.com/report/1589/global-wearable-sensors-market
Global Stents Market Size, Share & COVID-19 Impact Analysis, By Product (Coronary Stents, Drug-Eluting Stents (DES), Bare-Metal Coronary Stents, Bioabsorbable Stents, Peripheral Stents, Iliac Stent, Femoral-Popliteal Stents, Renal & Related Stents, Carotid Stents, Stent Related Implant, Synthetic Grafts and Vena Cava Filters), By Material (Metallic Biomaterial, Polymer Biomaterial and Natural Biomaterial), By End User (Hospital, Ambulatory Surgical Centers and Others) and Regional Forecasts, 2022-2028: https://marketsnresearch.com/report/1588/global-stents-market
About Markets N research
When it comes to investing and money matters, you need the leading market research consultancy firm to help you make the right decisions during the toughest business questions and decisions. Markets N Research is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialist with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market.
Markets N Research team is comprised of well skilled and equipped personnel ready to concur any upcoming challenges in the market sector for both individual people and organization around the world. We know time is money, and therefore we ensure we solve your problem within the shortest time possible to prevent delays or missing any opportunities. We use globally accepted techniques with a little innovation from our staff in solving all your market research related challenges.
Contact Us:
Markets N Research
US: +1-773-649-1529
Email:- sales@marketsnresearch.com
Website: https://marketsnresearch.com/
Follow on Linkedin: https://www.linkedin.com/company/markets-n-research
Follow on Twitter: https://twitter.com/marketsnr
Like us on Facebook: https://www.facebook.com/Markets-N-Research-108839598639025
