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Vodka Seltzer Market is anticipated to surpass USD 4 billion By 2033: Evolve Business Intelligence

04-19-2023 07:29 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Vodka Seltzer Market is anticipated to surpass USD 4 billion

According to the report, the global Vodka Seltzer market is expected to grow from $600 Million in 2022, which is expected to reach 4 Billion by 2033, growing at the CAGR of 15% from 2023 to 2033. The vodka seltzer market is a relatively new and growing sector in the alcoholic beverage industry. Vodka seltzers are a combination of vodka and carbonated water, with added flavors and sometimes sugar or other sweeteners. They are marketed as low-calorie and refreshing alcoholic beverages. The vodka seltzer market is showing significant growth, driven by the increasing trend of health-conscious consumers who are looking for lower-calorie and lower-sugar alcoholic options. The pandemic has further accelerated this trend, as many consumers have become more health-conscious and have been seeking out healthier alternatives to traditional alcoholic beverages.

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Key Highlights:
• The global Vodka Seltzer Market size was valued at USD 600 million in 2022 growing at a CAGR of 15% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
The purpose of global market analysis is to provide businesses with insights and information that can help them make informed decisions about product development, marketing strategies, investment opportunities, and risk management. This analysis can be conducted using a range of tools and techniques, including statistical analysis, market research surveys, and trend analysis.

The New Normal
The COVID-19 pandemic had negative impact on the vodka seltzer market, as it has disrupted the entire alcoholic beverage industry. The closure of bars and restaurants and the decrease in social gatherings have resulted in a decline in the sales of all alcoholic beverages, including vodka seltzers.

Despite these challenges, the vodka seltzer market has shown resilience and is expected to continue its growth trajectory as the world begins to recover from the pandemic. The increasing demand for healthier alcoholic options, the growing popularity of at-home drinking, and the convenience of ready-to-drink (RTD) options are expected to drive the growth of the vodka seltzer market.

In terms of COVID 19 impact, the Vodka Seltzer market report also includes the following data points:
• COVID19 Impact on Vodka Seltzer market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Vodka Seltzer market

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=018479

Key Players
Some of the major Vodka Seltzer players holding high market share include Diageo plc., High Noon Spirits Company, Pernod Ricard, Carlton & United Breweries. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Diageo plc.
• High Noon Spirits Company
• Pernod Ricard
• Carlton & United Breweries
• Cutwater Spirits, LLC
• East London Liquor Company Limited
• Boston Beer Co. Inc.
• Mark Anthony Brewing, Inc
• Molson Coors Beverage Company
• La Dolce Vita Seltzer
• Southern Tier Distilling Company

Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Vodka Seltzer Market:
• ABV Less Than 4.6%
• ABV More Than 4.6%

Market Segment By Packaging with focus on market share, consumption trend, and growth rate of Vodka Seltzer Market:
• Metal Cans
• Bottles

Market Segment By distribution channel with a focus on market share, consumption trend, and growth rate of Vodka Seltzer Market:
• On-trade
• Off-trade

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Global Vodka Seltzer Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific

• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.

Overall, Vodka Seltzer market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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Evolve Business Intelligence
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Contact: +1 773 644 5507
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Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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