openPR Logo
Press release

Alcoholic Beverages Market Size, Share, Trend, Global Analysis, Top Key Players and Forecast to 2023

10-04-2018 11:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Alcoholic Beverages Market Size, Share, Trend, Global

Market Overview:

Alcohol consumption has changed remarkably over the past few years, and increasing globalization and convergence of different cultures has created opportunities for the growth of the alcoholic beverage market. The global alcoholic beverages market is poised to exhibit impressive growth and attain high revenues over the forecast period 2017-2023, reveals a study by Market Research Future (MRFR). This growth can be attributed to appeal of alcoholic beverages, rise in disposable income in emerging economies which leads to increase in demand of alcoholic beverages, growing consumption of alcoholic beverages by the young generation, expanding consumer base of alcohol consumption owing to penetration of alcohol consumption into culture, Impact of urbanization on lifestyle, and changing taste and preferences of consumers.

Growing trend of spending at clubs and night parties coupled with western influence on consumers has reflected positively on the market growth of alcoholic beverages. Growing youth population is also expected to propel the market for alcoholic beverages. Furthermore, easy availability of alcoholic beverages and the perception that alcoholic beverages are relaxing to the mind further drives the market. New product launches and the introduction of more unique flavors are also expected to spur the growth of the market. Introduction of low-calorie, gluten-free and naturally sweetened alcoholic beverages also aid in market expansion.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/3190

On the flipside, growing demand for non-alcoholic functional beverages owing to health concerns, higher taxes levied on alcoholic beverages, the high cost of premium varieties, adverse effects of alcoholic beverages, and fluctuations in the price of raw materials are possible hindrances to the market growth. Additionally, legalization of marijuana in the US is a potential threat to the alcoholic beverage market. Poor alcohol standards, the addition of water in wine, usage of cheap starches in the production of beer and production of cheap quality spirits subject alcoholic beverages to quality concerns and regulations are imposed on them which might hinder the growth of the market. However, the introduction of healthier alcoholic beverage options is likely to offer potential opportunities to market players.

Competitive Analysis:

The global alcoholic beverages market is highly competitive, and the key players are implementing various strategies such as the acquisition of smaller industries to broaden their market share. The key players operating in the global alcoholic beverages market include Anheuser Busch InBev. (Belgium), Accolade Wines (Australia), Constellation Brands (U.S.), Heineken Holding Nv (Netherland), Carlsberg Group (Denmark), Beam-Suntory (U.S.), and Diageo Plc (U.K.).

Industry Updates:

Diageo, a leading manufacturer of alcohol beverage has made an equity investment of 270 million in a payment technology startup. Hip Bar Private Limited caters to the needs of the beverage industry and consumers with the Hip Bar Mobile Wallet and Delivery App.

In May 2018, Coca-Cola launched its first alcoholic beverage named Lemon-do. The product presently only being sold in Japan, is being released on an experimental basis and is unlikely to be adopted out of Japan.

Segmentation:

The global alcoholic beverages market has been segmented based on type, packaging material, distribution channel, and region. By type, the market has been segmented into Fermented Drinks, distilled drinks and others. The fermented drinks segment has been further segmented i9nto beer, wine, and others. The distilled drinks segment has been further segmented into gin, rum, vodka, brandy, and others.  By packaging material, the market has been segmented into glass, plastic, paper/carton, metal cans, and others.  By distribution channel, the market has been segmented into food retail and food services. The retail food segment has been further segmented into store-based and non-store based.

Access Report Details @ https://www.marketresearchfuture.com/reports/alcoholic-beverages-market-3190

Regional Analysis:

The key markets of the global alcoholic beverages market are North America, Europe, Asia Pacific, and rest of the world (ROW). Europe is leading the market for alcoholic beverages owing to high disposable income coupled with favorable demographic population pool. Europe market is expected to retain its position over the forecast period. Germany is the principal contributor in the region. Asia-Pacific market is projected to grow at a higher rate as compared to other markets. China and India provide lucrative growth opportunities.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Alcoholic Beverages Market Size, Share, Trend, Global Analysis, Top Key Players and Forecast to 2023 here

News-ID: 1280028 • Views: …

More Releases from Market Research Future

Precious Metals Market Revenue Expected to Surge at 6.9% CAGR by 2035
Precious Metals Market Revenue Expected to Surge at 6.9% CAGR by 2035
For millennia, gold, silver, and platinum have captivated humanity, serving as currency, adornment, and a store of value. Today, the Precious Metals Market is not only retaining its ancient allure but is also being propelled forward by a complex mix of modern economic forces and cutting-edge industrial applications. According to a detailed analysis by Market Research Future, this market is on a formidable growth path, projected to nearly double from…
Carbon Dioxide Market to Witness Robust Expansion, Reaching USD 16.01 Billion by 2035
Carbon Dioxide Market to Witness Robust Expansion, Reaching USD 16.01 Billion by …
The global carbon dioxide (CO2) market is undergoing a profound transformation. No longer viewed solely as a waste product or an industrial byproduct, carbon dioxide is emerging as a valuable commodity at the heart of the fight against climate change. According to a comprehensive analysis by Market Research Future, the market is on a robust growth trajectory, projected to expand from $9.11 billion in 2025 to $16.01 billion by 2035,…
Polyethylene Market to Grow from USD 95.7 Billion in 2024 to USD 167.53 Billion by 2035 at 5.22% CAGR
Polyethylene Market to Grow from USD 95.7 Billion in 2024 to USD 167.53 Billion …
It is the world's most common plastic, found in everything from the packaging protecting our online purchases to the fuel tanks in our cars and the pipes under our streets. Polyethylene (PE) is the undisputed workhorse of the modern materials economy. Its market, a true giant, reflects both the scale of global consumption and the industry's ongoing evolution toward sustainability. According to recent analysis, the Polyethylene Market was valued at…
Polyvinyl Chloride Market to Grow from USD 47.29 Billion in 2024 to USD 74.99 Billion by 2035 at 4.28% CAGR
Polyvinyl Chloride Market to Grow from USD 47.29 Billion in 2024 to USD 74.99 Bi …
In the vast landscape of global materials, few are as ubiquitous and versatile as Polyvinyl Chloride (PVC). From the pipes behind our walls to the packaging protecting our goods, PVC is a foundational element of modern life. While it may not command the explosive headlines of newer "green" materials, its market tells a story of enduring strength and steady evolution. According to recent analysis, the Polyvinyl Chloride Market was valued…

All 5 Releases


More Releases for Alcohol

Alcohol E-Commerce: Core Growth Enabler in the Surging Alcohol Consumption Drive …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Alcohol E-Commerce Industry Market Size Be by 2025? The size of the alcohol e-commerce market has rapidly increased in the past few years. The market which stood at $64.55 billion in 2024 is set to escalate to $73.91 billion in 2025, showing a compound annual growth…
Digital Breath Alcohol Testers Market Reliable and Accurate Solutions for Alcoho …
Global Digital Breath Alcohol Testers Market Overview: The Digital Breath Alcohol Testers market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Digital Breath Alcohol Testers market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Alcohol Screening Breathalyzer and Alcohol Screening Device Manufacturer | ALCOF …
ALCOFIND, a DA Tech brand, is a trustworthy and flawless maker of alcohol screening breathalyzer. It includes both an advanced alcohol tester and an alcohol screening device.  DA Tech has dedicated itself to the research and development of sensor-related application solutions since its foundation in 2002, firmly establishing itself as a specialized breathalyser company and emerging as a global leader. ALCOFIND breathalyser has quality certifications for the world's major breathalyser markets, including…
Impact of COVID-19 on Alcohol Disinfectants Market by Products (Propyl Alcohol, …
The global Alcohol Disinfectants market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Alcohol Disinfectants market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. 3M Company, BODE Chemie Gmbh,…
Alcohol Sensor Market By Drägerwerk AG & Co. KGaA, Abbott, Alcohol Countermeasur …
Global alcohol sensor market is expected to reach USD 4.33 billion by 2026 from USD 1.55 billion in 2018 and is projected to grow at a CAGR of 13.7% in the forecast period of 2019 to 2026. Global Alcohol Sensor market research report provides a detailed synopsis on the study for market and how it is impacting the Semiconductors and Electronics industry. The key research methodology used here by DBMR team…
PRESS- Premium Alcohol Seltzer
MEDIA RELEASE CONTACT: FRANK SINGLETON frank@franksingletoncommunications.com 678.316.4237 PRESS launches premium alcohol seltzer in key US markets Regional distribution includes Chicago, Boston, Atlanta, New York, Salt Lake Milwaukee, WI—Major metropolitan locations across the country are part of a multi- region, multi-city national launch of new light-alcohol beverage brand PRESS, a fruit and spice infused alcohol seltzer being distributed in cities known as trend-forward cuisine and beverage marketplaces. Locations were selected based on market demographics including active…