Alcoholic beverages market - Current Trends, 2025

1. Alcoholic Beverages Market Expected To Reach $1,684 Billion, At A CAGR Of 2.0% By 2025 Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis & Industry Forecast, 2018-2025

2. Alcoholic Beverages Market Overview: The global alcoholic beverages market was valued at $1,439 billion in 2017, and is expected to reach $1,684 billion by 2025, registering a CAGR of 2.0% from 2018 to 2025. Most cultures across the globe have traditionally consumed various types of alcoholic beverages; however, local specialty alcoholic beverages account for the majority share. Only a small number have evolved into commodities that are produced commercially on a large scale. On a global level, beer from barley, wine from grapes, and other distilled beverages are sold as commodities. The pricing of these beverages is determined by the costs of production and the duties levied on those costs. The effects of prices as measured with price elasticities differ across countries and in different time periods. Request Sample Report: The growth of the global alcoholic beverages market is driven by increase in global young‐adult demographic, surge in disposable income, and rise in consumer demand for premium/super premium products. However, high cost of premium/super premium products and escalation of nonalcoholic beverages market, owing to increase in health concerns are expected to restrict the market growth in the near future. Furthermore, recent developments in honey-derived products appear to be a viable alternative to produce innovative alcoholic drinks for the consumers and to drive the future growth of this market.

3. Alcoholic Beverages Market

4. Alcoholic Beverages Market Segments: The report segments the global alcoholic beverages market based on type, distribution channel, and region. On the basis of type, the market is classified into beer, distilled spirits, wine, and others. Various types of beer include ale, lager, and hybrid, whereas distilled spirits include rum, whiskey, vodka, and others. Similarly, wine is bifurcated into sparkling or fortified. Depending on distribution channel, the market is divided into convenience stores, on premises, liquor stores, grocery shops, internet retailing, and supermarkets. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, the distilled spirits segment accounted for more than one-third of the global market share. In terms of volume, this segment held approximately 28% share in the overall market, attributed to increase in premium/super premium whiskey consumption and the demand shift from beer to distilled spirits such as rum, whiskey, vodka, and others. Thus, this segment is anticipated to provide high stability in terms of demand along with significant return on investment for the stakeholders, owing to its high growth rate and significant revenue contribution.

5. Alcoholic Beverages Market Key Players: Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition. The key players profiled in the report include Anheuser-Busch InBev SA/NV, Bacardi Limited, Beam Suntory Inc., Constellation Brands Inc., Diageo Plc, Heineken Holding NV, Molson Coors Brewing Co., Pernod Ricard SA, SABMiller Ltd., and United Spirits Ltd. Other market players (not profiled in report) in the value chain include Accolade Wines Ltd., Asahi Breweries Ltd., Brown-Forman Corp., Carlsberg A/S, China Resources Beer Company Limited, Rémy Cointreau SA, Tsingtao Brewery Co. Ltd., Treasury Wine Estates, Thai Beverage Public Co., Ltd., and The Wine Group.

6. Alcoholic Beverages Market Key Benefits: • This report provides an extensive analysis of the current trends and emerging estimations & dynamics in the alcoholic beverages market. • In-depth analysis of alcoholic beverages market size is conducted, and estimations for key segments between 2017 and 2025 are provided. • Factors that drive and restrain the growth of the market are provided. • Market share for all segments with respect to each geography is detailed in the report. • Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the alcoholic beverages industry trends.

7. Alcoholic Beverages Market Key Segments: • By Type o Beer ▪ Ale ▪ Lager ▪ Hybrid o Distilled Spirits ▪ Rum ▪ Whiskey ▪ Vodka ▪ Others o Wine ▪ Sparkling ▪ Fortified ▪ Others o Others • By Distribution Channel o On-Premises o Liquor Stores o Grocery Shops o Internet Retailing o Supermarkets o Convenience Stores

8. Alcoholic Beverages Market By Region: o North America ▪ US ▪ Canada ▪ Mexico o Europe ▪ UK ▪ Germany ▪ France ▪ Italy ▪ Spain ▪ Rest of Europe o Asia-Pacific ▪ China ▪ Japan ▪ India ▪ South Korea ▪ Rest of Asia-Pacific o LAMEA ▪ Brazil ▪ Argentina ▪ South Africa ▪ Rest of LAMEA

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