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Alcoholic Beverages Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 141
  • SKU: IRTNTR72902
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The alcoholic beverages market share is expected to increase by USD 393.26 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.23%.

This alcoholic beverages market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers alcoholic beverages market segmentations by product (beer, spirits, and wine) and geography (Europe, APAC, North America, South America, and Middle East and Africa). The alcoholic beverages market report also offers information on several market vendors, including Anheuser Busch InBev SA, Asahi Group Holdings Ltd., Bells Brewery Inc., Carlsberg AS, Constellation Brands Inc., D.G. Yuengling and Son Inc., Deschutes Brewery, Diageo Plc, FIFCO USA , Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., Pernod Ricard SA, Stone Brewing Co., Suntory Holdings Ltd., Treasury Wine Estates Ltd., Victory Brewing Co., Yanghe Distillery Co Ltd, and Davide Campari Milano NV among others.

What will the Alcoholic Beverages Market Size be During the Forecast Period?

Alcoholic Beverages Market Size

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Alcoholic Beverages Market: Key Drivers, Trends, and Challenges

The increase in the popularity of the craft segment is notably driving the alcoholic beverages market growth, although factors such as the prominence of counterfeit products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the alcoholic beverages industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Alcoholic Beverages Market Driver

The increase in the popularity of the craft segment is one of the key drivers supporting the alcoholic beverages market growth. The craft alcoholic beverage segment is gaining immense popularity among consumers. From craft beer to craft spirits and craft cider, the craft alcoholic beverage segment is making its mark in the market. Craft brewers are often small and independent brewers. They interpret and twist traditional/old styles to develop newer styles. Craft beer has a distinct taste and flavor that sets it apart from traditional beer. Thus, consumers who seek more product variety prefer craft beer over traditional ones. It is brewed differently and served fresh in cans, bottles, and kegs. These factors are increasing the popularity of the craft segment. Such an increase in popularity will drive market growth during the forecast period.

Key Alcoholic Beverages Market Trend

Increasing consumption of alcoholic beverages is one of the key alcoholic beverages market trends that is contributing to the market growth. The global alcoholic beverages market has witnessed many mergers and acquisitions in the recent past. Bigger brands have been acquiring smaller and local brands to broaden their geographic footprint. In addition to this, the increase in consumption (especially of wine), low-interest rates, and alliances between distributors and production facilities are the major reasons behind the surging rate of mergers and acquisitions (M&A). Successful M&A helps companies to expand their product portfolios and consumer base. Along with this, M&A also improves the positions of companies with their respective wholesalers and enables them to gain entry into new markets. Such factors are anticipated to boost the market growth during the forecast period.

Key Alcoholic Beverages Market Challenge

The prominence of counterfeit products is one of the factors hindering the alcoholic beverages market growth. For instance, in China, there have been several cases of illegal sales of homemade rice wines that are slowing down the growth of the original wine market. Also, there have been incidents where many old, used, and empty wine bottles, such as the 1928 Chateau Margaux, the 1958 Chateau Lafite Rothschild, and the 1971 Romanee Conti, were being purchased. In 2015, the law enforcement agencies in Delhi, India, caught two bootleggers with many imported batches of Chivas Regal, Black/Blue/ Red Label, Glenlivet, Glenfiddich, Ballantine, and Vat 69. In December 2016, around 72 men died after consuming fake alcohol in Siberia. Thus, it is very necessary to combat the growth of counterfeit alcoholic beverages as it can hamper the growth of the alcoholic beverages market during the forecast period.

This alcoholic beverages market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global alcoholic beverages as a part of the global distillers and vintners market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the alcoholic beverages market during the forecast period.

Who are the Major Alcoholic Beverages Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Anheuser Busch InBev SA
  • Asahi Group Holdings Ltd.
  • Bells Brewery Inc.
  • Carlsberg AS
  • Constellation Brands Inc.
  • D.G. Yuengling and Son Inc.
  • Deschutes Brewery
  • Diageo Plc
  • FIFCO USA 
  • Heineken NV
  • Kirin Holdings Co. Ltd.
  • Molson Coors Beverage Co.
  • New Belgium Brewing Co. Inc.
  • Pernod Ricard SA
  • Stone Brewing Co.
  • Suntory Holdings Ltd.
  • Treasury Wine Estates Ltd.
  • Victory Brewing Co.
  • Yanghe Distillery Co Ltd
  • Davide Campari Milano NV

 

This statistical study of the alcoholic beverages market encompasses successful business strategies deployed by the key vendors. The alcoholic beverages market is fragmented and the vendors are deploying growth strategies such as new product launches and market consolidation to compete in the market.

Product Insights and News

  • Ab-inbev.com - The company offers alcoholic beverages under the brand name of Budweiser.
  • Asahigroup-holdings.com - The company offers alcoholic beverages under the brand name of Nikka.
  • Carlsberggroup.com - The company offers alcoholic beverages under the brand name of Kiss.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The alcoholic beverages market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Alcoholic Beverages Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the alcoholic beverages market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Alcoholic Beverages Market?

Alcoholic Beverages Market Market segmentation by region

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35% of the market's growth will originate from APAC during the forecast period. China is the key market for the alcoholic beverages market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rise in disposable income will facilitate the alcoholic beverages market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 adversely impacted the market in focus, mostly in the 2020 and Q1 2021. However, with the introduction of mass COVID-19 vaccination drives in 2021, the alcoholic beverages market is likely to witness growth in the region during the forecast period.

What are the Revenue-generating Product Segments in the Alcoholic Beverages Market?

Alcoholic Beverages Market Segmentation

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The alcoholic beverages market share growth by the beer segment will be significant during the forecast period. Beer production involves steeping a starch source, usually cereal grains such as rice, corn, and barley, in water and fermenting the sugar-containing liquid with yeast. Beer is not considered a healthy beverage due to its high-calorie content. This segment has had the highest sales and revenue over the past few years, and it is expected to continue to dominate the market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the alcoholic beverages market size and actionable market insights on post COVID-19 impact on each segment.

 

Alcoholic Beverages Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.23%

Market growth 2022-2026

$ 393.26 billion

Market structure

Fragmented

YoY growth (%)

2.67

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 35%

Key consumer countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Anheuser Busch InBev SA, Asahi Group Holdings Ltd., Bells Brewery Inc., Carlsberg AS, Constellation Brands Inc., D.G. Yuengling and Son Inc., Deschutes Brewery, Diageo Plc, FIFCO USA , Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., Pernod Ricard SA, Stone Brewing Co., Suntory Holdings Ltd., Treasury Wine Estates Ltd., Victory Brewing Co., Yanghe Distillery Co Ltd, and Davide Campari Milano NV

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Alcoholic Beverages Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive alcoholic beverages market growth during the next five years
  • Precise estimation of the alcoholic beverages market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the alcoholic beverages industry across Europe, APAC, North America, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of alcoholic beverages market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Beer - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Beer - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on Beer - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on Beer - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Beer - Year-over-year growth 2021-2026 (%)
  • 5.4 Spirits - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Spirits - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on Spirits - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on Spirits - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Spirits - Year-over-year growth 2021-2026 (%)
  • 5.5 Wine - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Wine - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 37: Data Table on Wine - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 38: Chart on Wine - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Wine - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Product
    • Exhibit 40: Market opportunity by Product ($ billion)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.4 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 Canada - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.12 UK - Market size and forecast 2021-2026
    • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Anheuser Busch InBev SA
    • Exhibit 93: Anheuser Busch InBev SA - Overview
    • Exhibit 94: Anheuser Busch InBev SA - Business segments
    • Exhibit 95: Anheuser Busch InBev SA - Key offerings
    • Exhibit 96: Anheuser Busch InBev SA - Segment focus
  • 10.4 Asahi Group Holdings Ltd.
    • Exhibit 97: Asahi Group Holdings Ltd. - Overview
    • Exhibit 98: Asahi Group Holdings Ltd. - Business segments
    • Exhibit 99: Asahi Group Holdings Ltd. - Key news
    • Exhibit 100: Asahi Group Holdings Ltd. - Key offerings
    • Exhibit 101: Asahi Group Holdings Ltd. - Segment focus
  • 10.5 Carlsberg AS
    • Exhibit 102: Carlsberg AS - Overview
    • Exhibit 103: Carlsberg AS - Business segments
    • Exhibit 104: Carlsberg AS - Key offerings
    • Exhibit 105: Carlsberg AS - Segment focus
  • 10.6 Constellation Brands Inc.
    • Exhibit 106: Constellation Brands Inc. - Overview
    • Exhibit 107: Constellation Brands Inc. - Business segments
    • Exhibit 108: Constellation Brands Inc. - Key offerings
    • Exhibit 109: Constellation Brands Inc. - Segment focus
  • 10.7 Diageo Plc
    • Exhibit 110: Diageo Plc - Overview
    • Exhibit 111: Diageo Plc - Business segments
    • Exhibit 112: Diageo Plc - Key offerings
    • Exhibit 113: Diageo Plc - Segment focus
  • 10.8 Heineken NV
    • Exhibit 114: Heineken NV - Overview
    • Exhibit 115: Heineken NV - Business segments
    • Exhibit 116: Heineken NV - Key offerings
    • Exhibit 117: Heineken NV - Segment focus
  • 10.9 Kirin Holdings Co. Ltd.
    • Exhibit 118: Kirin Holdings Co. Ltd. - Overview
    • Exhibit 119: Kirin Holdings Co. Ltd. - Business segments
    • Exhibit 120: Kirin Holdings Co. Ltd. - Key offerings
    • Exhibit 121: Kirin Holdings Co. Ltd. - Segment focus
  • 10.10 Molson Coors Beverage Co.
    • Exhibit 122: Molson Coors Beverage Co. - Overview
    • Exhibit 123: Molson Coors Beverage Co. - Business segments
    • Exhibit 124: Molson Coors Beverage Co. - Key offerings
    • Exhibit 125: Molson Coors Beverage Co. - Segment focus
  • 10.11 Pernod Ricard SA
    • Exhibit 126: Pernod Ricard SA - Overview
    • Exhibit 127: Pernod Ricard SA - Product / Service
    • Exhibit 128: Pernod Ricard SA - Key offerings
  • 10.12 Yanghe Distillery Co Ltd
    • Exhibit 129: Yanghe Distillery Co Ltd - Overview
    • Exhibit 130: Yanghe Distillery Co Ltd - Business segments
    • Exhibit 131: Yanghe Distillery Co Ltd - Key offerings
    • Exhibit 132: Yanghe Distillery Co Ltd - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 133: Inclusions checklist
    • Exhibit 134: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 135: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 136: Research methodology
    • Exhibit 137: Validation techniques employed for market sizing
    • Exhibit 138: Information sources
  • 11.5 List of abbreviations
    • Exhibit 139: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Alcoholic Beverages market growth will increase by $393.26 billion during 2022-2026.
The alcoholic beverages market is expected to grow at a CAGR of 3.23% during 2022-2026.
Technavio has segmented the alcoholic beverages market by product (Beer, Spirits, and Wine) and geographic (Europe, APAC, North America, South America, and Middle East and Africa).
Anheuser Busch InBev SA, Asahi Group Holdings Ltd., Bells Brewery Inc., Carlsberg AS, Constellation Brands Inc., D.G. Yuengling and Son Inc., Deschutes Brewery, Diageo Plc, FIFCO USA , Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., Pernod Ricard SA, Stone Brewing Co., Suntory Holdings Ltd., Treasury Wine Estates Ltd., Victory Brewing Co., Yanghe Distillery Co Ltd, Davide Campari Milano NV are a few of the key vendors in the alcoholic beverages market.
APAC will register the highest growth rate of 35.49% among the other regions. Therefore, the alcoholic beverages market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the alcoholic beverages market growth are:
  • Increase in the popularity of the craft segment
  • Increasing consumption of alcoholic beverages
The alcoholic beverages market vendors should focus on grabbing business opportunities from the beer segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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