openPR Logo
Press release

Alcoholic Beverages Market: Rise in Alcohol Consumption to Propel Market Demand

The global alcoholic beverages market is anticipated to witness a notable growth in forthcoming years. The industry seems to be consolidated, with a few leading players. Key companies are indulging in various strategies to expand. Those include product launch, and mergers and acquisitions. These firms are working hard to expand their reach and increase their consumer base all over the globe. Some of the major players in the market are Bacardi Limited, Anheuser-Busch InBev SA/NV, Beam Suntory Inc., Diageo Plc, Heineken Holding NV, Constellation Brands Inc., Molson Coors Brewing Co., SABMiller Ltd., Pernod Ricard SA, and United Spirits Ltd. Carlsberg Group sold firm’s key brand, Carlsberg Beer, and started brewing other brands for example, Tuborg, Kronenbourg, Belgian Grimbergen abbey beers, Russian beer Baltika, and over 500 more local beers.

Request Sample For More Information @

According to Transparency Market Research, the global alcoholic beverages market is expand at a steady CAGR of 6.4% within the forecast period from 2017 to 2025. The market was valued to be US$1,205,359.1 mn in 2017. This figure is expected to soar to about US$1,977,942.7 mn by the end of forecast period, 2025.

On the basis of product type, the market is divided into spirits, beer, wine and so forth. Among these, the beer segment is expected to flourish. It dominated the market with 42.7% share, as valued in 2017. Geographically, Asia Pacific region dominated the global alcoholic beverages market with major share in the entire market space. This is majorly owing to rapid urbanization and rise in middle-class population, with increased disposable incomes in the region.

Read Report Overview @

One of the key drivers propelling the growth of this industry is the growing trend of alcohol consumption on various occasions. This has emerged as a culture among the masses in developing nations. Moreover, the improved distribution networks of various keen players is also boosting sales. Another factor fueling the growth of the market is rise in purchasing power of the consumers in developing countries for example India and Brazil. The rise in disposable income has encouraged individuals to try out new way of entertainment such as get-together, night parties, hanging out at lounges, bars and pubs.

On the flipside, availability of healthy alternatives such as energy drinks and non-alcoholic drinks are expected to hamper the market growth of alcohol to a large extent. Rising awareness about wellness and healthcare has encouraged the masses to reduce the consumption of alcoholic drinks. Too much of alcohol consumption can cause liver damage, cancer, or heart problems. And these are reasons why most people abstain from it.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.


Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

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: Rise in Alcohol Consumption to Propel Market Demand here

News-ID: 1682709 • Views: 273

More Releases from Transparency Market Research - Food & Beverage

Medical Carts Market: Report Analysis Global Market Revenue and Share by Manufac …
Medical carts are an important component of hospital furniture infrastructure that are used to keep and carry all essential medical supplies near the patient. Medical carts are designed to provide maximum storage capacity with safety, possess a durable and handy construction, and offer easy mobility Various types of medical carts are available, which are designed according to their applications in healthcare facilities. These are utilized in almost every department of healthcare
Global Surgical Tables Market: Emerging Trends, Business Growth Opportunities, M …
Surgical tables comprise one of the first requirements of a modern healthcare system and thus are likely to be in constant demand over the near future. The global surgical tables market has benefited significantly from the rising investment in the healthcare sector across the world regardless of the economic state of the country. Developed countries have led the way in modernizing their healthcare sectors and incorporating major technological advances, but
Global Vagus Nerve Stimulator Market Report In-depth Analysis Incredible Potenti …
The report provides a brilliant analysis of the global vagus nerve stimulator market with a focus on market dynamics, segmentation, and competitive landscape. Market stakeholders could leverage this analysis to formulate winning growth strategies. The global vagus nerve stimulator market is likely to display promising growth in the years ahead. The rising burden of neurological diseases especially in emerging countries is a key factor behind the growth of this market.
Organic Lamb Market; In-Depth Analysis on Emerging Trends, Growth Factors
Organic lamb Market: Introduction: Lamb, which are procured or obtained by raising sheep from organic farms, are grass fed and are fed no chemical or any kind of additives during its processing is called organic lamb. Organic lamb are available in two type i.e. raw lambs and processed lambs. There are many certifications associated with organic lamb products which supervise the quality of product time to time and it varies in

All 5 Releases

More Releases for Carlsberg

Global Beer Market 2019- SABMiller, Heineken, Carlsberg Group, AB InBev
The Beer market report in the globe is expected to fulfill the demands and provides quality research statistics needed by emerging companies, research professionals, and service providers until 2024. The global Beer market is anticipated to show a double-digit growth rate during the forecast period of 2019-2024. Increasing demands for the Beer is expected to drive the market in the next five years of forecast era. Combining the data integration
What's Driving The Bahrain Alcoholic Beverages Market Growth? Key Players Are: A …
The Bahrain alcoholic beverages market revenue was $25,580 thousand in 2018 and is projected to grow at a CAGR of 2.5% to reach $30,405 thousand by 2025. Alcoholic beverages are consumed among all demographics across the world and are based on the substrates that are locally available. The differences between the prices of alcoholic beverages in Bahrain are majorly determined by two factors—the cost of production and the duties levied on
Bahrain Alcoholic Beverages Market Growth Forecasts – Anheuser-Busch InBev (AB …
Alcoholic beverages are consumed among all demographics across the world and are based on the substrates that are locally available. The differences between the prices of alcoholic beverages in Bahrain are majorly determined by two factors‐the cost of production and the duties levied on those costs. In addition, the production methods play a crucial role in determining the prices of premium/super premium spirits and wines. The Bahrain alcoholic beverages market revenue
Fruit Beers Market to Witness Huge Growth by 2025: Anheuser-Busch InBev, SABMill …
MI exclusively added Fruit Beers market study that gives in-depth investigation regarding the current scenario of the Market size, share, demand, growth, trends, and forecast in the coming years. The report firstly introduced the Fruit Beers market basics like definitions, classifications, applications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Some of the key players profiled in the study are Anheuser-Busch InBev, SABMiller,
Global Fast Moving Consumer Goods (FMCG) Market Insights, Forecast to 2025 | Car …
Researchmoz added Most up-to-date research on "Global Fast Moving Consumer Goods (FMCG) Market Insights, Forecast to 2025" to its huge collection of research reports. In 2017, the global Fast Moving Consumer Goods (FMCG) market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. The objectives of this study are to define, segment, and project the size of the Fast Moving Consumer
Alcoholic Beverages Market Is Booming Worldwide | Allied Blenders and Distillers …
HTF Market Intelligence released a new research report of 53 pages on title 'Alcoholic Beverages Market in India 2017 ' with detailed analysis, forecast and strategies. The study covers key regions and important players such as Allied Blenders and Distillers Pvt. Ltd., Carlsberg India Pvt. Ltd., John Distilleries Request a sample report @ India is the third-largest and fastest-growing liquor market in the world. Alcoholic beverages is considered a