Alcoholic Beverages Market size was valued at USD 1471.7 Billion in 2021 and is projected to reach USD 1795.3 Billion by 2030, growing at a CAGR of 2.51 % from 2022 to 2030. Alcoholic beverages are a broad category of beverages containing variable levels of alcohol. The Global Market is booming as a result of a growing young population, rising middle-class income, and a healthy economy. Furthermore, technological developments in the manufacture of vodka, flavoured wine, beer, and cocktails, as well as changing consumer lifestyles, beverage tastes, and a growth in the number of brewers and wineries around the world, are major drivers of market expansion.
Alcoholic drinks are alcoholic beverages made from plant-derived substances through anaerobic fermentation. It is a psychotropic medication that influences or slows the brain. These beverages are classed based on the ingredients and processes used to create them. It is typically produced by fermenting sugar in fruits, berries, grains, and other related substances such as plant saps, tubers, honey, and milk, and then distilling the resulting watery liquid to produce a substantially stronger alcoholic beverage. Alcoholic beverages include wine, beer, vodka, and spirits.
The majority of alcoholic beverages are mostly made up of ethanol and water, while the sugar percentage of some very sweet liqueurs may exceed the ethanol content. Ethanol is a result of carbohydrate fermentation with yeast found in alcoholic beverages. It can also be manufactured using ethylene derived from split petroleum hydrocarbons. Due to the existence of contaminants, the alcoholic beverage industry has chosen not to employ synthetic ethanol obtained from ethylene in the production of alcoholic beverages.
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Global Alcoholic Beverages Market: Major Players
Heineken holding nv.
Brown-Forman Corp.
Rémy Cointreau SA
Diageo plc
Constellation brands, inc.
Anheuser-busch inbev
China Resources Beer Company Limited
Bacardi limited
Tsingtao Brewery Co. Ltd.
Asahi Breweries Ltd.
Carlsberg A/S
Thai Beverage Public Co., Ltd.
Treasury Wine Estates
Molson coors brewing company
Accolade Wines Ltd.
The Wine Group.
Global Alcoholic Beverages Market: Types
Beer
Distilled Spirits
Wine
Others
Global Alcoholic Beverages Market: Applications
Liquor Stores
Grocery Shops
Internet Retailing
Supermarkets
Convenience Stores
Global Alcoholic Beverages Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Alcoholic Beverages market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Provides insight into the market through Value Chain
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
