Press release
Alcoholic Beverages Market: Global Growing Industry Key Players - E. & J. Gallo Winery, William Grant & Sons, The Boston Beer Company, MillerCoors, Diageo, Treasury Wine Estates, Constellation Brands, Beam Suntory, Bacardi, Pernod Ricard, Edrington
Global Alcoholic Beverages Market? Industry Trends and Forecast to 2025
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The Global Alcoholic Beverages Market accounted for USD 1,272.85 billion in 2017 and is projected to grow at a CAGR of 5.6% during the forecast period of 2018 to 2025.
Global Alcoholic Beverages Market, By Product Type (Beer, Wine, Spirits), By Packaging (Plastic Bottles, Glass Bottles, Tins), By Distribution Channel (Modern Trade, Convenience Stores, Specialty Stores, Online Retailers, Hotels/Restaurants/Bars, Commercial Stores), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
Top Players:
• E & J Gallo
• William Grant & Sons
• Boston Beer
• Miller Coors
• Diageo
• Treasury Wine Estates
• Jose Cuervo
• Constellation Brands
• Beam-Suntory
• Mast-Jaegermeister
• Bacardi
• Pernod Ricard
• Edrington Group
• Brown-Forman
• Pabst Brewing
• Anheuser-Busch
• Carlsberg
• China Resource Enterprise
• Accolade Wines
• Vina Concha y Toro
• Torres
• Heineken
• The Wine Group
• Craft Brew Alliance Inc.
• Molson Coors Brewing Co.
• Haelwood International Holdings Plc
• Bundaberg Brewed Drinks Pty Ltd
• Among others
Competitive Landscape:
The global alcoholic beverages market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Report Segmentation:
Based on product type:
• Beer
• Wine
• Spirits
• Others
Beer is sub segmented into:
• Ale
• Hybrid
• Lager
Wine is sub segmented into:
• Fortified
• Sparkling
Spirits is divided into:
• Vodka
• Rum
• Whiskey
• Others
On the basis of packaging:
• Plastic Bottles
• Glass Bottles
• Tins
• Others
On the basis of distribution channel:
• Modern Trade
• Convenience Stores
• Specialty Stores
• Online Retailers
• Hotels/Restaurants And Bars
• Commercial Stores
• Others
Based on geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Market Definition: Global Alcoholic Beverages Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the alcoholic beverages market in the next 8 years. Alcoholic beverages are the fermented drinks which contains the chemical properties of ethanol. They are flammable and colorless liquid such as beer, spirits and wine. These are made by allowing the sugars in berries, fruits, grains and others to go through decomposition or fermentation. The percentage of alcohol in drinks can be maximized by the distillation process. In this process, vodka, whisky, brandy, rum is produced, which usually contains 40 percent of pure alcohol. Beer is known to be the finest member of malt family of alcoholic beverages which comprises of malt, ale, stout liquor. Its alcoholic content ranges from about 2 percent to 8 percent. Wine is produced by fermenting the juices of apple, grapes and other fruits under the rigorous temperature control in large vats. Generally, unfortified grape wines consist from 8-14 percent alcohol whereas, fortified wines to which brandy or alcohol is added contains 18-12 percent alcohols. According to Government of Canada, the market size of alcoholic beverages in Canada grew to USD 15,852.7 Million in 2012 from USD 15,720.4 Million in 2011.This states that there is rise in the demand of premium alcoholic beverages. Another factor that helps in driving the alcoholic beverages market is new product launches and innovations related to alcoholic beverages. Diageo, a U.K. based company launched new range of product innovations across its brand portfolio, which includes Guinness, Smirnoff, Pimm’s, Captain Morgan, Gordon’s and CÎROC.
Market Drivers and Restraints:
• Growing demand for premium alcoholic beverages
• New product launches and innovations as well as change in consumer preference
• Increase in disposable income of customers
• High cost of premium or super premium products
• Intensification of non-alcoholic beverages market, owing to health concerns
• Increasing government regulation and taxes
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Alcoholic Beverages Market?
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