Global Alcoholic Beverages Market Analysis by type (beer, distilled spirits, wine, and others) and by distribution channel (convenience stores, on premises, retailers and supermarkets), Opportunities and Forecast 2018-2025

Market Scenario:
Alcoholic beverages are a colourless and flammable liquid which contains ethyl alcohol as a major component. The major constituents in alcoholic beverages include sugars in grains, fruits, honey and others, these constituents undergoes fermentation of decomposition to produce alcohol.
The global alcoholic beverages market is driven by the increase in global young-adult demographic, coupled with high disposable income and consumer demand for premium/super premium products. However, high cost of premium products, and rise of non-alcoholic beverages market, owing to health concerns, is expected to hamper the market growth in future. Mergers are expected to remain as the key strategy, as players seek to widen their brand portfolios and expand their market reach.

Market Segmentation:
The report segments global alcoholic beverages market based on type, distribution channel. The type segment 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 either Sparkling or Fortified. Based on distribution channel, the market is divided into convenience stores, on premises, retailers and supermarkets.

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Regional Analysis:
By geography, the market is analysed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa). North American market is majorly driven by the growth in young-adult population and change in trend to elevated consumption of high-quality alcoholic beverages. Substantial growth in the disposable income is the major factor driving the growth of Asia Pacific, while increase in alcohol drinking demographic population is majorly influencing the growth of Europe and LAMEA. 

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Key Players:
Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition. 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., 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., The Wine Group.

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This release was published on openPR.