Alcoholic Beverages Market Value is Projected to Reach US$ 1,452 Billion by 2024 - IMARC Group

1. Global Alcoholic Beverages Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Alcoholic Beverages Market Overview: The latest report by IMARC Group, titled “Alcoholic Beverages Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global alcoholic beverages market size reached US$ 1,228 Billion in 2018. Alcoholic beverages are drinks that are fermented from sugars found in berries, fruits, grains, plant saps, honey and tubers. The anaerobic fermentation takes place by the utilization of yeast, which converts sugars into ethanol and carbon dioxide. Depending upon the fermentable material used, this process imparts characteristic flavors and aromas to the beverages, which are further categorized as beers, wines and spirits. The alcohol content of the beverage usually depends upon the type of the product and the period it is stored to age. Since alcohol is classified as a depressant, it is widely consumed for its physiological and psychological effects as a recreational drink. Global Alcoholic Beverages Market Trends Increasing alcohol consumption, especially among the early career professionals, coupled with the rising trend of corporate gatherings and mid-week parties, has primarily facilitated the market growth. Rapid urbanization, inflating disposable income and improving lifestyles of the consumers have impelled the demand for premium and super-premium alcohol variants across the globe, thereby bolstering the market growth.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 For instance, Carlsberg, a Denmark-based leading brewery group, aims to attain zero carbon emissions at its breweries by 2030. According to the alcoholic beverages market report, the market value is projected to reach US$ 1,452 Billion by 2024, registering a CAGR of around 3% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/alcoholic-beverages- market/requestsample

5. Report Description and Highlights Report Description In addition to this, several companies are investing significantly in the e-retail sector. The convenience and variety offered by online platforms are currently influencing the sales of alcoholic beverages. Furthermore, several manufacturers are incorporating bio-degradable packaging solutions and sustainable methods in the manufacturing process on account of growing environmental- consciousness among the masses. Alcoholic Beverages Market Segmentation Market Segmentation by Category • • Beer Wine o Still Light Wine o Sparkling Wine Spirits o Baijiu o Vodka o Whiskey o Rum •

6. Report Description and Highlights Report Description o Liqueurs o Gin o Tequila o Others On the basis of the category, the market has been divided into beer, wine (still light and sparkling wines) and spirits (baijiu, vodka, whiskey, rum, liqueurs, gin, tequila and others). Market Segmentation by Alcoholic Content • • • Hight Medium Low Based on the alcohol content, the market has been categorized into high, medium and low. Market Segmentation by Packaging Type • Glass Bottles

7. Report Description and Highlights Report Description • • • Tins Plastic Bottles Others Based on the packaging, the market has been classified into glass bottles, tins, plastic bottles and others. Market Segmentation by Distribution Channel • • • • • • Supermarkets and Hypermarkets On-Trade Specialist Retailers Online Convenience Stores others On the basis of the distribution channel, the market has been segregated into supermarkets and hypermarkets, on-trade, specialist retailers, online, convenience stores, and others.

8. Report Description and Highlights Report Description For more information, click here: https://www.imarcgroup.com/alcoholic-beverages-market Market Segmentation by Region • • • • • Europe North America Asia Pacific Middle East and Africa Latin America Based on geography, North America holds the leading position in the market. Other major regions include China, Western Europe, North East Asia, South East Asia, Middle East and Africa, & Eastern Europe. Market Segmentation by Flavour • • Unflavoured Flavoured

9. Report Description and Highlights Report Description On the basis of the flavour, the market has been bifurcated into unflavoured and flavoured. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • • • • • • • Anheuser Busch-inBev Miller Coors Heineken Holdings N.V. Carlsberg A/S Diageo PLC Grupo Modelo Bacardi Limited PLC. Olvi PLC Tsingtao Brewery Company Limited Beijing Yanjing Brewery Company Limited Kirin Holdings Company Limited

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13. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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