Hard Seltzer Market (2023-2032) Industry Trends, Share, Size, Growth, Opportunity, and Forecasts

The Business Research Company's latest "Global Hard Seltzer Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7000 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry

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The global hard seltzer market reached a value of nearly $12,255.3 million in 2022, having increased at a compound annual growth rate (CAGR) of 18.8% since 2017. The market is expected to grow from $12,255.3 million in 2022 to $27,143.0 million in 2027 at a rate of 17.2%. The market is then expected to grow at a CAGR of 19.0% from 2027 and reach $64,771.2 million in 2032.

Hard seltzer is an alcoholic beverage created from fermented grapes that are considered a better alternative to traditional sugary beverages such as soda, wine coolers, and fruity cocktails because it is gluten-free, low in calories, low in alcohol, and low in sugar. Hard seltzers are also named alcoholic seltzer, hard sparkling water, and spiked seltzer.

Major trends influencing the hard seltzer market include natural ingredient-based hard seltzers, multiple flavor hard seltzers. Companies operating in the hard seltzer market are focusing on the development of hard seltzers with no artificial ingredients or flavors in them to avoid side effects arising from artificial flavors. For example, in March 2021, Spindrift, a US-based soda and seltzer company, introduced Spindrift Spiked, a hard seltzer consisting of real ingredients with no synthetic sweeteners, flavors, or additives. The new product breaks the hard seltzer mold, featuring simple ingredients prominently on the front panel. The liquid has a huge dimension of flavor, a color like the fruit, and no added synthetics or fillers. The new hard sparkling water line utilizes a 10-day fermentation process to maximize contents without additives and is purified at the molecular level by an ultrafiltration process.

Hard Seltzer Market Segmentation:
By Type: Abv More Than 5%, Abv Less Than 5%
By Packaging: Cans, Glass, Other Packaging
By Distribution Channel: Off-Trade, On-Trade
By Flavors: Cherry, Grapefruit, Mango, Lime, Other Flavors
Some of the key players involved in the hard seltzer market are Mark Anthony Group, Anheuser-Busch InBev, The Boston Beer Company, Diageo plc, E. & J. Gallo Winery

The regions covered in the global hard seltzer market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Hard Seltzer Market, Conclusions And Recommendations
23. Appendix

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