openPR Logo
Press release

Alcoholic Beverages Market to Grow at a CAGR of 2.0% - Anheuser-Busch InBev SA/NV, Beam Suntory Inc., Bacardi Limited, Diageo Plc, Constellation Brands Inc., Molson Coors Brewing Co., Heineken Holding NV, SABMiller Ltd., Pernod Ricard SA, and United Spiri

10-05-2018 10:40 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: Allied Market Research

Alcoholic Beverages Market to Grow at a CAGR of 2.0% -

Increase in young consumer population, surge in disposable income, and rise in demand for premium products would drive the growth of the global alcoholic beverages industry.

Allied Market Research published a report, titled, Alcoholic Beverages Market by Type (Beer, Distilled Spirits, Wine, and Others) and Distribution Channel (Convenience Stores, On-Premises, Liquor Stores, Grocery Shops, Internet Retailing, and Supermarkets): Global Opportunity Analysis and Industry Forecast, 2018-2025. The report offers an extensive analysis of the top impacting factors, drivers & opportunities, current market size & estimations, key segments, and the competitive landscape. According to the report, the global alcoholic beverages market accounted for $1,439 billion in 2017 and is estimated to reach $1,685 billion by 2025, growing at a CAGR of 2.0% from 2018 to 2025.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2041

Surge in young drinkers' population, rise in disposable income, and increase in demand for premium products drive the growth of the industry. However, high prevalence of nonalcoholic beverages and rise in health concerns hamper the market growth. On the other hand, significant developments related to honey-derived products, which are used as an alternative to alcoholic beverages, would create new pathways for the market players.

Beer segment to remain dominant, distilled spirit segment to grow the fastest by 2025

The beer segment contributed more than one-third of the total market share in 2017 and is expected to remain dominant throughout the forecast period. This is attributed to the surge in population of young drinkers and rise in disposable income. However, the distilled spirit segment would grow at the fastest CAGR of 2.3% from 2018 to 2025, owing to boom in premium whiskey consumption and changes in consumer preferences. The report also analyzes wine and other types of alcoholic beverages.

Supermarket to retain its lion's share in terms of revenue by 2025

The supermarket segment accounted for more than one-fourth of the total market share in 2017 and will maintain its dominant position by 2025, owing to rapid urbanization and availability of products at a low cost. However, the internet retailing segment is expected to grow at the fastest CAGR of 4.3% from 2018 to 2025. This is due to benefits of online purchasing such as convenience, ease of payment, and large product base. The other distribution channels discussed in the research include liquor stores, convenience stores, on premises, and grocery shops.

For more details, visit: https://www.alliedmarketresearch.com/alcoholic-beverages-market

Asia-Pacific to retain top spot throughout the forecast period

In terms of revenue, Asia-Pacific contributed more than one-third of the total market share in 2017. This region would continue its dominance throughout the forecast period, owing to launch of new products and flavors by market players along with increase in disposable income of consumers. However, Europe would grow at the fastest CAGR of 2.3% from 2018 to 2025, owing to growing preference for high-quality cocktails and rise in young and middle-aged consumers.

Key market players

The market players analyzed in the report include Anheuser-Busch InBev SA/NV, Beam Suntory Inc., Bacardi Limited, Diageo Plc, Constellation Brands Inc., Molson Coors Brewing Co., Heineken Holding NV, SABMiller Ltd., Pernod Ricard SA, and United Spirits Ltd. The report also provides insights on strategies, such as new product launches, expansions, partnerships, mergers & acquisitions, collaborations, joint ventures, and others, which have been adopted by these players to gain a strong foothold in the industry.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2041

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.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 to Grow at a CAGR of 2.0% - Anheuser-Busch InBev SA/NV, Beam Suntory Inc., Bacardi Limited, Diageo Plc, Constellation Brands Inc., Molson Coors Brewing Co., Heineken Holding NV, SABMiller Ltd., Pernod Ricard SA, and United Spiri here

News-ID: 1282913 • Views:

More Releases from Allied Market Research

Home Exercise Bike Market is expected to witness robust Compound Annual Growth Rate (CAGR) progress of 8.7% from 2021 to 2027.
Home Exercise Bike Market is expected to witness robust Compound Annual Growth R …
According to a new report published by Allied Market Research, titled, "Home Exercise Bike Market by Type, and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," The global home exercise bike market size was valued at $1,213.5 million in 2019, and is projected to reach $2,335.2 million by 2027, registering a CAGR of 8.7% from 2021 to 2027. The recumbent segment is expected to retain its dominant position, in terms
Rapidly expanding entertainment products industry is set to drive the growth of the $103.8 billion Toys market ; Ravensburger AG, Tomy Company, Ltd, Vtech Holdings, and Thames & Kosmos.
Rapidly expanding entertainment products industry is set to drive the growth of …
According to a new report published by Allied Market Research, titled, "Toys Market by Product Type, Age Group and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," the toys market size was $92.2 billion in 2019, and is projected reach $103.8 billion by 2027, registering a CAGR of 2.5% from 2021 to 2027. The increase in number of games bars, cafes and family entertainment centers worldwide is boosting the demand for
Global Home Beer Brewing Machine Market is expected to reach $25.4 million by the year 2030, as projected by Allied Market Research.
Global Home Beer Brewing Machine Market is expected to reach $25.4 million by th …
According to a new report published by Allied Market Research, titled, "home beer brewing machine market by product type, mechanism, and distribution channel: global opportunity analysis and industry forecast, 2021-2030," The global home beer brewing machine market size was valued at $19.1 million in 2020, and is projected to reach $25.4 million by 2030, registering a CAGR of 3.0% from 2021 to 2030. Request a report sample to gain comprehensive insights
Hospitality Robots Market is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 25.5% through the year 2030, according to Allied Market Research.
Hospitality Robots Market is forecasted to grow at a Compound Annual Growth Rate …
According to a new report published by Allied Market Research, titled, "Hospitality Robots Market by Type, End User, Sales Channel and Region: Global Opportunity Analysis and Industry Forecast, 2021-2030," The global hospitality robots market size is expected to reach $3,083 million by 2030 at a CAGR of 25.5% from 2021 to 2030. Hospitality Robots Market by Type (Front Desk Robots, Delivery Robots, Cleaning Robots and Others) and end user (Hotels,

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and