Press release
Unveiling the Hard Seltzer Market Share by Brand: Size Estimation, Trends, Analysis, Outlook Report 2023-2028
The global hard seltzer market size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.5 Billion by 2028, exhibiting a growth rate (CAGR) of 13.46% during 2023-2028.
Hard seltzer is a rapidly emerging alcoholic beverage category that has gained significant traction recently. It is a flavored, carbonated beverage typically made by combining water, alcohol, and natural fruit flavors. It is characterized by its refreshing taste, low-calorie content, and lower alcohol by volume (ABV) than traditional alcoholic beverages. With a rise in health-conscious consumer preferences and a desire for lighter drink options, hard seltzers have captured a substantial market share. They appeal to a diverse demographic, including those seeking gluten-free, low-carb, or vegan alternatives.
Request Free Sample Report: https://www.imarcgroup.com/hard-seltzer-market/requestsample
Global Hard Seltzer Market Trends:
The global market is majorly driven by the changing consumer preference towards healthier and lighter beverage options. In line with this, the hard seltzer is perceived as a healthier choice due to its low calorie and low carbohydrate content, appealing to health-conscious consumers seeking to reduce their alcohol and calorie intake. This, in turn, is significantly contributing to the market. Furthermore, the rise of lifestyle trends is positively influencing product demand. Apart from this, the continuous flavor innovation and variety in the hard seltzer market cater to diverse consumer palates, offering a wide range of refreshing and fruit-infused options.
Moreover, the widespread presence and influence of social media platforms have played a significant role in promoting hard seltzers as trendy and shareable beverages, further catalyzing the market. Besides, the availability of products across a wide range of retail channels, including supermarkets, convenience stores, and online platforms, has increased consumer accessibility and contributed to market expansion. Additionally, traditional alcoholic beverage companies have entered the hard seltzer market, leveraging their brand reputation, distribution networks, and marketing capabilities, fostering market growth.
By the IMARC Group, Some of the Top 9 Hard Seltzer Companies Operating in the Market are Given Below:
• Anheuser-Busch InBev (NYSE: BUD)
• Barefoot Cellars (E. & J. Gallo Winery)
• Blue Marble Cocktails Inc.
• Ficks & Co
• Future Proof Brands LLC
• Hard Seltzer Beverage Company LLC (The Boston Beer Company Inc)
• Lift Bridge Brewing Co.
• Oskar Blues Brewery
• White Claw Hard Seltzer
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/hard-seltzer-market
Key Market Segmentation:
Breakup by ABV Content:
• 1% to 4.9%
• 5% to 6.9%
• 7% and Above
Breakup by Packaging Material:
• Cans
• Glass
• Others
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Online Stores
• Others
Breakup by Raw Material:
• Sparkling Water
• Carbonated Water
• Alcohol
• Fruit Flavours
• Others
Also Read, Some of the Top 9 Hard Seltzer Companies Operating in the Market: https://www.imarcgroup.com/top-hard-seltzer-companies-brands
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Also, Read the Latest Market Research Report 2023-2028:
• Diabetic Food Market Report: https://www.linkedin.com/pulse/diabetic-food-market-research-size-share-report-2023-28-aarav-sharma
• Buy Now Pay Later Market Report: https://vocal.media/journal/kraft-paper-market-outlook-insights-report-2023-28
• Sugar Substitutes Market Report: https://www.linkedin.com/pulse/sugar-substitutes-market-global-size-share-2023-28-vihaan-agarwal
• Nitrogenous Fertilizers Market Report: https://www.linkedin.com/pulse/nitrogenous-fertilizers-market-price-size-report-2023-28-agarwal
• Hand Sanitizer Market Report: https://www.linkedin.com/pulse/hand-sanitizer-market-share-size-growth-trends-2023-28-vihaan-agarwal
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
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