Overview of the Global Alcoholic Beverages Market:
Gain data-driven insights into the Global Alcoholic Beverages Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.
Executive Summary
The Global Alcoholic Beverages Market is projected to grow at around 3.2% CAGR during the forecast period, i.e., 2022-27.
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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Alcoholic Beverages Market Segmentation
Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.
-By Distribution Channel
· On-Trade
· Off-Trade
Amongst both, Off-trade channels are projected to dominate the Global Alcoholic Beverages Market with the largest share through 2027.
-By Product Type
· Beer
· Spirits
· Wines
Here, beer shall dominate the global market with the largest share during 2022-27. Beer is considered a social drink. Its growing popularity, especially among the young generation, whose lives revolve around pubs, cafes, hotels, restaurants, & other social locations, is driving its demand globally.
-By Packaging
· Bottles
· Tin Cans
· Others
Geographical Analysis
-By Region
· North America
· South America
· Europe
· Middle East & Africa
· Asia-Pacific
Amongst all regions globally, Europe is more likely to dominate the Alcoholic Beverages Market with the largest share during 2022-27.
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Competitive Market Strategies: List of Largest Alcoholic Beverages Companies
Analysis of the competitive landscape and company strategies. We profile leading players Business Description, Product Portfolio, Recent Developments, and list key Strategic Alliances or Partnerships approaches.
· Anheuser-Busch InBev