Canned Alcoholic Beverages Market: Global Industry Analysis and Forecast (2024-2030)

Canned Alcoholic Beverages Market Overviews

The market for canned alcoholic beverages is expected to experience high growth due to the convenience offer. Canned alcoholic beverages are easy to carry and store, making them a popular choice among consumers. Additionally, the trend of convenience-oriented products is on the rise, especially among millennials who prefer on-the-go options. Canned alcoholic beverages provide a convenient option for consumers to enjoy their favourite drinks without the need for additional mixers or glassware. The convenience factor is expected to drive the demand for canned alcoholic beverages in the market



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Canned Alcoholic Beverages Market Scope and Methodology:

Consumer convenience and portability preferences, environmental concerns encouraging recyclable packaging, and the rising appeal of outdoor and on the go social activities like outdoor gathering, picnics and festivals, contributed to the rising demand for Canned Alcoholic Beverages Market. Rising interest in alcoholic beverages across the globe are expected to boost the growth of canned alcoholic beverages market. Alcoholic beverage producers invest in the category to capture revenue from the trends while maintaining customer loyalty to the brands' original alcoholic versions. Among low-alcohol offerings, ready-to-drink cocktails are growing particularly fast, benefitting from increasing demand for flavoured and convenience drinks in casual gatherings.



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Canned Alcoholic Beverages Market Regional Insights

The North America held highest Market share in 2023 for the Canned Alcoholic Beverages Market. The U.S. ready-to-drink (RTD) beverage market has seen considerable growth, accounting for nearly 12% of the total alcoholic beverage market, surpassing the U.S. wine market. Growth has been driven primarily by hard seltzers, but post-pandemic, the RTD category is undergoing a transformation. North America aluminium can market very robust and the outlook is extremely favourable. Demand for aluminium beverage cans is projected to grow at a rate of 5 % annually through to 2030.





Canned Alcoholic Beverages Market Segmentation

A hard seltzer is a type of flavored alcoholic beverage that contains carbonated or sparkling water, alcohol, and fruit flavorings. It is an alternative to other alcoholic drinks, such as beer, wine, and spirits, that is low in calories and carbs. The meteoric rise of hard seltzers in the US has been enabled by a confluence of trends including consumer demand for convenience, refreshing flavours and 'better for you' products. The availability of the alcohol base impacts the cost and production time of hard seltzers. Willingly available alcohol bases such as GNS or cane sugar faster and less expensive, while less common bases such as agave have a higher cost and longer production time.





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Canned Alcoholic Beverages Market Key Players

Anheuser-Busch InBev (Belgium)
Heineken (Netherlands)
Carlsberg (Denmark)
Molson Coors (Canada)
Pernod Ricard (France)
Bacardi (Bahamas)
Constellation Brands (United States)
LVMH (France)

Key questions answered in the Canned Alcoholic Beverages Market are:

What is Canned Alcoholic Beverages?
What was the Canned Alcoholic Beverages market size in 2023?
What is the growth rate of the Canned Alcoholic Beverages Market?
Which are the factors expected to drive the Canned Alcoholic Beverages market growth?
What are the different segments of the Canned Alcoholic Beverages Market?
What growth strategies are the players considering to increase their presence in Canned Alcoholic Beverages?
What are the upcoming industry applications and trends for the Canned Alcoholic Beverages Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Canned Alcoholic Beverages Market?
Who are the leading companies and what are their portfolios in Canned Alcoholic Beverages Market?
What segments are covered in the Canned Alcoholic Beverages Market?
Who are the key players in the Canned Alcoholic Beverages market?


Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations


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