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Alcoholic Beverages Market : Things to Focus on to Ensure Long-term Success
Alcoholic Beverages Market
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Consumption of alcoholic beverages in a limited quantity is associated with reduced risk of cardiovascular diseases. Furthermore, consumption of red wine reduces the risk of heart diseases and burns fat. Therefore, introduction of varieties among beer and spirits is expected to create lucrative opportunity for growth of the alcoholic beverages market.
Spirits hold highest share in the global market of alcoholic beverages. More than 45 percent of the total alcohol is consumed is in the form of spirits. Increasing demand for premium and super premium whiskey is expected to fuel growth of alcoholic beverage market.
Key players operating in the global alcoholic beverages market 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., and Carlsberg group.
Alcoholic Beverages Market Taxonomy
Based on the product type, alcoholic beverages is segmented into:
Beer
Ale
Lager
Stout
Distilled Spirits
Rum
Whiskey
Vodka
Gin
Others
Wine
Sparkling
Fortified
Champagne
Based on distribution channel, the alcoholic beverages market is segmented into:
Hyper markets
Supermarkets
On shops
Others
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