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Global Alcohol Beverages Market By Type ( Beer, Cider Other), By Application ( Online Sales, Others ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033

  • 133864
  • 20-Dec 2022
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  • Report Details

    In 2023, the Global Alcohol Beverages Market had a value of USD 1,716.5 million. Between 2023 and 2033, it is expected to grow at 4.7%. A drink made from ethanol and fermented fruits, vegetables, and sugar is an Alcohol Beverage. Wines and ciders are made from fermented fruits, while spirits and beers are made by fermenting barley or rye.

    Alcohol Beverages Market Scope:

    By Type, the market is segmented into Beer, Cider, RTD, Spirits, and Wine. By Application, the market is divided into supermarkets and hypermarkets, Online Sales, Specialty Retail Stores, and Others.

    Based on geography market is analyzed across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Major players profiled in the report include Anheuser-Busch InBev, Bacardi, Beam-Suntory, Bronco Wine Company, Brown-Forman, Constellation Brands, D.G. Yuengling & Son, Diageo, E.&J. Gallo Winery, Heineken, Pabst Brewing Company, Pernod Ricard, The Wine Group, Treasury Wine Estates, Altitude Spirits, Carlsberg, Tito’s Handmade Vodka, Gruppo Campari, Harpoon Brewery, and Heaven Hill Brands

    Growth demand:

    The market is growing thanks to innovations and advances in vodka, flavored wine, and beer manufacturing, as well as changing lifestyles and beverage preferences of consumers and an increase in the number of wineries and breweries worldwide. Both in developed and developing countries, there is a growing demand for premium and superpremium alcoholic drinks.

    Market growth has been positively influenced by the growing trend of working professionals and young people socializing during workweeks and weekends. Premium beverages have become synonymous with sophistication and class, which has led to consumers seeking out unique and innovative drinking experiences.

    There is a growing desire to experiment with different flavored alcohols and mixed drinks. Market growth is also influenced by factors like the growth of the food and beverage industries, rising rates of social media penetration, and improved distribution channels and retail channels.

    Key Market Segments

    Type

    Beer
    Cider
    RTD
    Spirits
    Wine

    Application

    Supermarket and Hypermarket
    Online Sales
    Specialty Retail Stores
    Others

    Key Market Players included in the report:

    Anheuser-Busch InBev
    Bacardi
    Beam-Suntory
    Bronco Wine Company
    Brown-Forman
    Constellation Brands
    D.G. Yuengling & Son
    Diageo
    E.&J. Gallo Winery
    Heineken
    Pabst Brewing Company
    Pernod Ricard
    The Wine Group
    Treasury Wine Estates
    Altitude Spirits
    Carlsberg
    Tito’s Handmade Vodka
    Gruppo Campari
    Harpoon Brewery
    Heaven Hill Brands

    Factors driving the decision:

    Alcohol Beverages are experiencing significant growth due to the rise in popularity of craft Alcohol Beverages. Consumers are increasingly turning to craft Alcohol Beverages. The market offers a wide variety of artisan beers. It is possible for established beer companies to develop plans to launch their own brand of craft beer or to acquire existing labels and brands. They will have access to small brewers’ distribution networks and marketing strategies.

    Craft spirits, craft liquors, craft cocktails, and craft cider are all growing. Younger female consumers are increasingly interested in craft ciders. Craft spirits include handcrafted, premium drinks made using traditional methods. Craft spirits are in high demand because of the increased demand for new flavors and varieties, particularly among Gen-X and Millennial consumers. These alcoholic beverages are often made with fresh fruits and vegetables, and sometimes a mixture of other ingredients. These factors fuel market growth.

    Factors that can be resisted:

    Market growth may be hampered by the popularity of counterfeit products. The growing market for counterfeit Alcohol Beverages is a constant threat to the alcoholic beverage industry. These items can have a significant impact on the health of consumers and cause heavy revenue losses for manufacturers around the globe. These products are labeled and bottled to look like the originals. Vodka is a popular counterfeit spirit.

    There have been many cases in China of illegally selling homemade rice wines. This is slowing down the growth of the organized wine industry. There have been instances where old empty and used wine bottles were purchased and filled up with bogus Alcohol Beverages. These were then sold as brand liquor. It is crucial to stop the spread of counterfeit Alcohol Beverages as they can hinder the growth in the Alcohol Beverages industry over the forecast period.

    Key trends in the market:

    A key trend driving the growth of the market is the increasing consumption of alcohol. The demand for alcoholic beverages in developing countries like India, China, and Indonesia is growing at a faster pace than in other developed economies, such as Singapore, Indonesia, China, Indonesia, and Indonesia. The rising demand for premium alcoholic beverages is one of the main drivers for this sector.

    Producers of Alcohol Beverages are expanding their distribution channels and increasing their sales channels. This is a significant contributor to the market growth for alcoholic beverages. Market growth is also being boosted by new product launches and innovative products in alcoholic beverages. Constellation Brands Inc, for example, launched Unshackled in January 2020. This new luxury wine brand is available across the US under its Prisoner Wine Company label. These factors will help support market growth over the forecast period.

    Recent development:

    Constellation Brands Inc. is a major beverage alcohol company and entered into a brand authorization agreement in 2022 with The Coca-Cola Company of the United States to introduce the FRESCA(r), brand to beverage alcohol.

    In 2020, Molson Coors launched new wine spritzers. This portfolio includes Peach White Blend and Rasberry Rose as well as Blood Orange Sangria.

    Constellation Brands teamed up with Luke Bryan, a two-time ACM Entertainer, and CMA Entertainer, in 2020 to launch two Lane American Gloden Lagers.

  • Table Of Content

    1. Alcohol Beverages Market Introduction

    1.1. Definition
    1.2. Taxonomy
    1.3. Research Scope

    2. Executive Summary

    2.1. Key Findings by Major Segments
    2.2. Top strategies by Major Players

    3. Global Alcohol Beverages Market Overview

    3.1. Alcohol Beverages Market Dynamics

    3.1.1. Drivers
    3.1.2. Opportunities
    3.1.3. Restraints
    3.1.4. Challenges

    3.2. PESTLE Analysis
    3.3. Opportunity Map Analysis
    3.4. PORTER’S Five Forces Analysis
    3.5. Market Competition Scenario Analysis
    3.6. Product Life Cycle Analysis
    3.7. Opportunity Orbits
    3.8. Manufacturer Intensity Map

    4. Global Alcohol Beverages Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by Type, 2012-2028

    4.1. Global Alcohol Beverages Market Analysis by Type: Introduction
    4.2. Market Size and Forecast by Region
    4.3. Beer

    4.4. Cider

    4.5. RTD

    4.6. Spirits

    4.7. Wine

    5. Global Alcohol Beverages Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by Application, 2012-2028

    5.1. Global Alcohol Beverages Market Analysis by Application: Introduction
    5.2. Market Size and Forecast by Region
    5.3. Supermarket and Hypermarket

    5.4. Online Sales

    5.5. Specialty Retail Stores

    5.6. Others

    6. Global Alcohol Beverages Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by Region, 2012-2028

    6.1. North America

    6.1.1. North America Alcohol Beverages Market: Regional Trend Analysis

    6.1.1.1. US
    6.1.1.2. Canada
    6.1.1.3. Mexico

    6.2.1. Europe

    6.2.1. Europe Alcohol Beverages Market: Regional Trend Analysis

    6.2.1.1. Germany
    6.2.1.2. France
    6.2.1.3. UK
    6.2.1.4. Russia
    6.2.1.5. Italy
    6.2.1.6. Spain
    6.2.1.7. Rest of Europe

    6.3. Asia-Pacific

    6.3.1. Asia-Pacific Alcohol Beverages Market: Regional Trend Analysis

    6.3.1.1. China
    6.3.1.2. Japan
    6.3.1.3. Korea
    6.3.1.4. India
    6.3.1.5. Rest of Asia-Pacific

    6.4. Latin America

    6.4.1. Latin America Alcohol Beverages Market: Regional Trend Analysis

    6.4.1.1. Brazil
    6.4.1.2. Argentina
    6.4.1.3. Rest of Latin America

    6.5. Middle East and Africa

    6.5.1. Middle East and Africa Alcohol Beverages Market: Regional Trend Analysis

    6.5.1.1. GCC
    6.5.1.2. South Africa
    6.5.1.3. Israel
    6.5.1.4. Rest of MEA

    7. Global Alcohol Beverages Market Competitive Landscape, Market Share Analysis, and Company Profiles

    7.1. Market Share Analysis
    7.2. Company Profiles
    7.3. Anheuser-Busch InBev

    7.3.1. Company Overview
    7.3.2. Financial Highlights
    7.3.3. Product Portfolio
    7.3.4. SWOT Analysis
    7.3.5. Key Strategies and Developments

    7.4. Bacardi

    7.4.1. Company Overview
    7.4.2. Financial Highlights
    7.4.3. Product Portfolio
    7.4.4. SWOT Analysis
    7.4.5. Key Strategies and Developments

    7.5. Beam-Suntory

    7.5.1. Company Overview
    7.5.2. Financial Highlights
    7.5.3. Product Portfolio
    7.5.4. SWOT Analysis
    7.5.5. Key Strategies and Developments

    7.6. Bronco Wine Company

    7.6.1. Company Overview
    7.6.2. Financial Highlights
    7.6.3. Product Portfolio
    7.6.4. SWOT Analysis
    7.6.5. Key Strategies and Developments

    7.7. Brown-Forman

    7.7.1. Company Overview
    7.7.2. Financial Highlights
    7.7.3. Product Portfolio
    7.7.4. SWOT Analysis
    7.7.5. Key Strategies and Developments

    7.8. Constellation Brands

    7.8.1. Company Overview
    7.8.2. Financial Highlights
    7.8.3. Product Portfolio
    7.8.4. SWOT Analysis
    7.8.5. Key Strategies and Developments

    7.9. D.G. Yuengling & Son

    7.9.1. Company Overview
    7.9.2. Financial Highlights
    7.9.3. Product Portfolio
    7.9.4. SWOT Analysis
    7.9.5. Key Strategies and Developments

    7.10. Diageo

    7.10.1. Company Overview
    7.10.2. Financial Highlights
    7.10.3. Product Portfolio
    7.10.4. SWOT Analysis
    7.10.5. Key Strategies and Developments

    7.11. E.&J. Gallo Winery

    7.11.1. Company Overview
    7.11.2. Financial Highlights
    7.11.3. Product Portfolio
    7.11.4. SWOT Analysis
    7.11.5. Key Strategies and Developments

    7.12. Heineken

    7.12.1. Company Overview
    7.12.2. Financial Highlights
    7.12.3. Product Portfolio
    7.12.4. SWOT Analysis
    7.12.5. Key Strategies and Developments

    7.13. Pabst Brewing Company

    7.13.1. Company Overview
    7.13.2. Financial Highlights
    7.13.3. Product Portfolio
    7.13.4. SWOT Analysis
    7.13.5. Key Strategies and Developments

    7.14. Pernod Ricard

    7.14.1. Company Overview
    7.14.2. Financial Highlights
    7.14.3. Product Portfolio
    7.14.4. SWOT Analysis
    7.14.5. Key Strategies and Developments

    7.15. The Wine Group

    7.15.1. Company Overview
    7.15.2. Financial Highlights
    7.15.3. Product Portfolio
    7.15.4. SWOT Analysis
    7.15.5. Key Strategies and Developments

    7.16. Treasury Wine Estates

    7.16.1. Company Overview
    7.16.2. Financial Highlights
    7.16.3. Product Portfolio
    7.16.4. SWOT Analysis
    7.16.5. Key Strategies and Developments

    7.17. Altitude Spirits

    7.17.1. Company Overview
    7.17.2. Financial Highlights
    7.17.3. Product Portfolio
    7.17.4. SWOT Analysis
    7.17.5. Key Strategies and Developments

    7.18. Carlsberg

    7.18.1. Company Overview
    7.18.2. Financial Highlights
    7.18.3. Product Portfolio
    7.18.4. SWOT Analysis
    7.18.5. Key Strategies and Developments

    7.19. Tito’s Handmade Vodka

    7.19.1. Company Overview
    7.19.2. Financial Highlights
    7.19.3. Product Portfolio
    7.19.4. SWOT Analysis
    7.19.5. Key Strategies and Developments

    7.20. Gruppo Campari

    7.20.1. Company Overview
    7.20.2. Financial Highlights
    7.20.3. Product Portfolio
    7.20.4. SWOT Analysis
    7.20.5. Key Strategies and Developments

    7.21. Harpoon Brewery

    7.21.1. Company Overview
    7.21.2. Financial Highlights
    7.21.3. Product Portfolio
    7.21.4. SWOT Analysis
    7.21.5. Key Strategies and Developments

    7.22. Heaven Hill Brands

    7.22.1. Company Overview
    7.22.2. Financial Highlights
    7.22.3. Product Portfolio
    7.22.4. SWOT Analysis
    7.22.5. Key Strategies and Developments

    8. Assumptions and Acronyms
    9. Research Methodology
    10. Contact

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