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Hard Seltzer Market - Global Industry Analysis, Market Size, Opportunities, And Forecast 2022 - 2030
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The global hard seltzer market report by the business research company identifies rising consumer preference for carbonated beverages with reduced alcoholic content to be a major growth driver for the hard seltzer market. Carbonated beverages are drinks that include carbon dioxide dissolved in water, resulting in fizzing and bubbling. Carbonated water is mixed with alcohol and fruit flavors to make hard seltzer. For instance, according to PepsiCo, a US-based carbonated beverages company, India's annual per-capita bottle consumption in beverages increased by 84 bottles in 2021. In India, carbonated drinks account for 51% of PepsiCo's total sales. Therefore, the rising consumer preference for carbonated beverages drives the growth of the hard seltzer market.
The global hard seltzer market is expected to grow from $10.50 billion in 2021 to $12.35 billion in 2022 at a compound annual growth rate (CAGR) of 17.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The hard seltzer market is expected to reach $23.45 billion in 2026 at a CAGR of 17.4%.
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North was the largest region in the hard seltzer market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hard seltzer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the hard seltzer market are Anheuser-Busch InBev, Barefoot Cellars, Blue Marble, Boathouse Beverage Co., Future Proof Brands LLC, Cutwater Spirits, High Noon Spirits Company, Kona Brewing Co, Lift Bridge Brewing Co., Smirnoff, Nauti Seltzer, White Claw, NÜTRL, Vizzy Hard Selter, Boston Beer Company, and Mother Earth Brewing Company.
The global organic food market is segmented -
1) By Type: ABV More Than 5%, ABV Less Than 5%
2) By Flavours: Cherry, Grapefruit, Mango, Lime
3) By Packaging: Cans, Glass
4) By Application: Hypermarkets And Supermarkets, Convenience Stores
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The Hard Seltzer Market Report Contents Include
1. Executive Summary
2. Hard Seltzer Market Characteristics
3. Hard Seltzer Market Trends And Strategies
4. Hard Seltzer Market - Macro Economic Scenario
5. Hard Seltzer Market Size And Growth
....
28. Key Mergers And Acquisitions In The Hard Seltzer Market
29. Hard Seltzer Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the hard seltzer market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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