Canned Alcoholic Beverages Market PESTEL Analysis, SWOT Analysis, CAGR 13.30% and Value Chain Study to 2027 | Asahi Group Holdings, Ltd., Pernod Ricard, Integrated Beverage Group LLC

Report Ocean publishes a new report on the global Canned Alcoholic Beverages Market. The global Canned Alcoholic Beverages Market calculation is based on a combination of information from first-hand sources, qualitative and quantitative assessments from industry analysts, input from experts and participants across the value chain.

Global Canned Alcoholic Beverages Market to reach USD 11.74 billion by 2027. Global Canned Alcoholic Beverages Market is valued approximately at USD 4.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 13.30% over the forecast period 2021-2027.

The popularity of canned alcoholic beverages is increasing as a portable, convenient, and travel-friendly drink. Growing popularity among the youth, rising demand for ready-to-eat food and beverages, and new product launches are driving the market growth. For instance, in June 2021, Bacardi Limited added three new flavors to its ready-to-drink cocktails. Bahama Mama, Mojito, and Sunset punch are the three canned alcoholic beverages with different flavors launched by Bacardi.

Furthermore, growing preference for products with natural ingredients and eco-friendly packing formats are expected to fuel demand for these beverages in near future. In July 2020, Diageo created 100% plastic-free paper-based spirit bottles, which is made entirely from sustainably sourced wood. However, health problems on excess consumption of these drinks may hinder the growth in coming years.

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The report includes an in-depth analysis of macroeconomic indicators, market trends, and governing factors, as well as market attractiveness by segment. A qualitative impact map of different market factors appears in the report. A study of the impact of COVID-19 (Corona Virus) on the product industry chain is analyzed based on upstream and downstream markets, on various regions and countries, and the future development of the industry is forecast.

Report on the Global Canned Alcoholic Beverages Market aim to enable readers to understand the market and competitive landscape in a way that supports better decision-making. This report includes an overview of participants' financial results, including revenue results, sales volume, gross margin, capital investment, and the global Canned Alcoholic Beverages Market growth rate.

The researchers collect market demand and size information and validate it with market experts. This study also explores the geographical distribution of the Canned Alcoholic Beverages Market. The market studies provide information about the industry to top manufacturers, distributors, traders, and dealers. It will offer an overview of the product, the market, the market driving force, the risk & opportunities, and the research findings.

Impact Analysis of COVID-19

• The report examines in detail the impact of Covid-19 on the Canned Alcoholic Beverages Market

• The Covid-19 outbreak has caused thousands of illnesses worldwide, and the World Health Organization has declared it a global health emergency. Coronavirus disease, which already affects these groups, will have an impact on Canned Alcoholic Beverages Market segments.

• The economic damage is already evident and represents the world's worst economic shock in decades as the health and human toll rise.

• Several undesirable outcomes can occur in chaotic situations, including restaurant closing, flight canceling, travel restrictions in place, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.

The study covers the fundamental aspects of the Global Canned Alcoholic Beverages Market, including its future prospects and competitive landscape, in great detail. A Porter's Five Forces analysis of the Canned Alcoholic Beverages Market provides insights into the factors influencing its growth. Accordingly, this market study breaks down the Canned Alcoholic Beverages Market into segments, regions, and players to present a clear picture of the current market environment. Research also covers macroeconomics and microeconomics. In the report, several graphs, charts, and tables appear effectively.

Regional Overview

The Canned Alcoholic Beverages Market study gives a comprehensive look at country-level segments classified as potentially high-growth areas, countries with the highest market share, and countries with the most potential growth. The Canned Alcoholic Beverages Market study includes regional break-ups like North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.

Leading Competitors

The leading prominent competitors in the global Canned Alcoholic Beverages Market are:

Bacardi Limited
Diageo plc
Brown-Forman Corporation
Anheuser-Busch InBev
Treasury Wine Estates (TWE)
Union Wine Company
E. & J. Gallo Winery
Asahi Group Holdings, Ltd.
Pernod Ricard
Integrated Beverage Group LLC

Scope of the Report

The global Canned Alcoholic Beverages Market segmentation focuses on:

By Product:
Wine
RTD Cocktails
Hard Seltzers

By Distribution Channel:
On-Trade
Liquor Stores
Online
Others

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