openPR Logo
Press release

Alcoholic Beverages Market Growth Forecast: Trends and Insights for 2024-2030

12-23-2024 05:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Alcoholic Beverages Market

Alcoholic Beverages Market

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ฌ ๐‘๐จ๐›๐ฎ๐ฌ๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global alcoholic beverages market is on a significant growth trajectory, with projections indicating an increase from USD 2,324.35 billion in 2023 to USD 4,303.88 billion by 2030. This expansion represents a compound annual growth rate (CAGR) of 9.2% during the forecast period.

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง

Several factors are propelling this growth:

๐‚๐ก๐š๐ง๐ ๐ข๐ง๐  ๐’๐จ๐œ๐ข๐š๐ฅ ๐š๐ง๐ ๐ƒ๐ž๐ฆ๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ ๐๐š๐ญ๐ญ๐ž๐ซ๐ง๐ฌ: Evolving consumer preferences, shifting lifestyles, and changing cultural norms are transforming the alcoholic beverages industry. Consumers are increasingly demanding diverse flavors, premium products, and beverages that align with healthier lifestyles.
๐„๐ง๐ก๐š๐ง๐œ๐ž๐ ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐›๐ข๐ฅ๐ข๐ญ๐ฒ: The availability of alcoholic beverages has increased significantly, with products readily accessible in government outlets, licensed retail chains, and supermarkets. This widespread availability is contributing to market growth.
๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐“๐ซ๐ž๐ง๐: There is a growing consumer inclination towards premium alcoholic beverages, leading manufacturers to expand their premium product offerings. This trend is expected to act as a catalyst for market growth over the forecast period.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/27601/

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's alcoholic beverages market is experiencing rapid growth, with a projected CAGR of 10.4% from 2024 to 2033. The market size is expected to reach 14.563 billion liters by 2033, up from over 5.41 billion liters in 2023. Beer remains the most significant segment, accounting for approximately 98.7% of the total market size in 2023.

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's alcoholic beverages market is characterized by a strong beer segment, with companies like ๐“๐ก๐š๐ข ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž playing a significant role. The company has reaffirmed plans to list its beer unit, ๐๐ž๐ž๐ซ๐‚๐จ, and is exploring strategic partnerships with international brewers to drive growth. The listing is targeted for the first half of 2025.

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's alcoholic beverages market is witnessing a shift towards premium and craft products. Consumers are increasingly favoring high-quality and unique flavors, leading to a rise in craft breweries and distilleries. This trend is contributing to the diversification and growth of the market.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/27601/

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's alcoholic beverages market is experiencing consolidation, with major players expanding their portfolios through mergers and acquisitions. The focus is on catering to changing consumer preferences, including a growing demand for low-alcohol and health-conscious options.

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore serves as a hub for innovation in the alcoholic beverages industry within Southeast Asia. The market is characterized by a dynamic cocktail scene and a growing preference for premium spirits. Companies are continuously updating their offerings to meet the sophisticated tastes of consumers.

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The U.S. alcoholic beverages market remains robust, with a significant shift towards premiumization. Consumers are increasingly opting for high-quality and craft options, driving growth in segments like craft beer and artisanal spirits. The market is also witnessing innovations in low-alcohol and non-alcoholic alternatives.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฏ๐ข๐š ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/27601/

๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe continues to be a dominant player in the global alcoholic beverages market, with a rich heritage of alcohol production. The region is experiencing growth driven by premiumization and a resurgence in traditional beverages like gin and whiskey. Consumers are showing a preference for quality and authenticity, contributing to market expansion.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Beer
Distilled Spirits
Wine
Others

The market for alcoholic beverages is dominated by the beer segment. in 2023. Beer is a popular beverage that is consumed by people from all walks of life and in many parts of the world. Its wide variety of styles, flavors, and modifications, which satisfy a wide range of consumer preferences, are the foundation of its appeal. This increase can be attributed to globalization, which has facilitated the convergence of national patterns of alcohol consumption. Although certain areas have historically preferred wine or spirits, the beer market has been able to hold onto its importance in countries where beer has historically been popular.

๐›๐ฒ ๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ๐ข๐œ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ

High
Medium
Low

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Convenience Stores
On Premises
Liquor Stores
Grocery Shops
Internet Retailing
Supermarkets

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-alcoholic-beverages-market/27601/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Anheuser-Busch InBev
2. Diageo
3. Pernod Ricard
4. China Resources Snow Breweries
5. Heineken
6. Constellation Brands
7. Molson Coors Beverage Company
8. Kirin Holdings
9. SABMiller (now a part of AB InBev)
10. Asahi Group Holdings
11. Bacardi Limited
12. Brown-Forman
13. Carlsberg Group
14. Beam Suntory
15. Campari Group
16. Rรฉmy Cointreau
17. Thai Beverage
18. William Grant & Sons
19. The Edrington Group
20. Gruppo Campari.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Global EV Platform Market https://www.maximizemarketresearch.com/market-report/global-ev-platform-market/71099/

โ™ฆ Global Cloud Telephony Service Market https://www.maximizemarketresearch.com/market-report/global-cloud-telephony-service-market/26948/

โ™ฆ North America Smart Fleet Management Market https://www.maximizemarketresearch.com/market-report/north-america-smart-fleet-management-market/3139/

โ™ฆ Legal Technology Market https://www.maximizemarketresearch.com/market-report/legal-technology-market/215553/

โ™ฆ Wedding Services Market https://www.maximizemarketresearch.com/market-report/wedding-services-market/229647/

โ™ฆ Floriculture Market https://www.maximizemarketresearch.com/market-report/global-floriculture-market/23982/

โ™ฆ Global Washing Machine Market https://www.maximizemarketresearch.com/market-report/washing-machine-market/14800/

โ™ฆ Fruit Fillings Market https://www.maximizemarketresearch.com/market-report/fruit-fillings-market/198740/

โ™ฆ Diamond Core Drilling Market https://www.maximizemarketresearch.com/market-report/diamond-core-drilling-market/199099/

โ™ฆ Global Frozen Bakery Market https://www.maximizemarketresearch.com/market-report/global-frozen-bakery-market/23735/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Alcoholic Beverages Market Growth Forecast: Trends and Insights for 2024-2030 here

News-ID: 3794941 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Defense Electronics Market Valued at USD 200 Billion in 2023, Projected to Reach USD 287.10 Billion by 2030
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Defense Electronics Market Valued at USD 200 Billion in 2023, Projected to Reach โ€ฆ
Defense Electronics Market size was valued at USD 200 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 5.3 % from 2024 to 2030, reaching nearly USD 287.10 Bn. Defense Electronics Market Overview: The defense electronics market encompasses the specialized electronic systems and components integral to modern military operations. This sector includes critical technologies such as radar and sonar systems, electronic warfare (EW) capabilities, communications andโ€ฆ
Global Magnesium Alloys Market Poised to Grow from US$ 2.21 Billion in 2024 to US$ 5.58 Billion by 2032 at a CAGR of 12.25% - Magnesium Alloys Market Forecast
09-03-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Global Magnesium Alloys Market Poised to Grow from US$ 2.21 Billion in 2024 to U โ€ฆ
According to a new report by Maximizer Market Research, the Global Magnesium Alloys Market was valued at USD 2.21 billion in 2024 and is projected to reach USD 5.58 billion by 2032, growing at a CAGR of 12.25%. This growth is underpinned by rising demand from automotive & transportation, electronics, aerospace, defense, and medical industries seeking lightweight, high-performance materials. For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/32753/ โ™ฆโ€ฆ
Global Bamboo Furniture Market to Grow from USD 13.75 Billion to USD 23.02 Billion by 2032 at a CAGR of 6.65% - Bamboo Furniture Forecast
09-03-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Global Bamboo Furniture Market to Grow from USD 13.75 Billion to USD 23.02 Billi โ€ฆ
According to a new report by Maximize Market Research, the global bamboo furniture market was valued at USD 13.75 billion in 2024 and is projected to reach USD 23.02 billion by 2032, growing at a compound annual growth rate (CAGR) of approximately 6.65%. For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/111043/ โ™ฆ Key Highlights โ™ฆ Market size & CAGR: USD 13.75 billion (2024) to USD 23.02 billion (2032) atโ€ฆ
Open-Source Intelligence Market Projected to Reach USD 23,887 Million by 2030
09-03-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Open-Source Intelligence Market Projected to Reach USD 23,887 Million by 2030
Open-Source Intelligence Market size was valued at USD 6425.89 Million in 2023 and the total Open-Source Intelligence revenue is expected to grow at a CAGR of 20.63 % from 2024 to 2030, reaching nearly USD 23887.37 Million by 2030. Open-Source Intelligence Market Overview: The Open-Source Intelligence (OSINT) market is a rapidly expanding sector within the broader security and intelligence landscape. It involves the systematic collection, analysis, and interpretation of publicly available informationโ€ฆ

All 5 Releases


More Releases for Beverage

04-02-2025 | Advertising, Media Consulting, โ€ฆ
DataM Intelligence 4 Market Research LLP
Beverage Coolers Market
Global Acetochlor Market is expected to grow at a significant CAGR during the forecast period 2024-2031 Acetochlor Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that helpโ€ฆ
11-28-2024 | Industry, Real Estate & Constr โ€ฆ
Exactitude Consultancy
Beverage Processing Equipment Market Transforming Production with Advanced Machi โ€ฆ
"๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐„๐ฆ๐ฉ๐จ๐ฐ๐ž๐ซ๐ข๐ง๐  ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ ๐ฐ๐ข๐ญ๐ก ๐’๐ฆ๐š๐ซ๐ญ๐ž๐ซ ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง๐ฌ" The latest study released on the Beverage Processing Equipment Market evaluates market size, trend, and forecast to 2030. The Beverage Processing Equipment market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges andโ€ฆ
06-06-2024 | Food & Beverage
The Business Research Company
Rising Beverage Consumption Boosts Beverage Can Market to $41.93 Billion by 2028
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Beverage Can Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $41.93 billion In 2028 Atโ€ฆ
08-29-2023 | Advertising, Media Consulting, โ€ฆ
AMA Research & Media LLP
Performance Beverages Market Is Booming Worldwide | High Performance Beverage, R โ€ฆ
Advance Market Analytics published a new research publication on "Performance Beverages Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Performance Beverages market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy ofโ€ฆ
05-20-2017 | Science & Education
MarketResearchReports.biz
Growing Preference for Beverage Dispensers with Commercial Beverage Dispensers M โ€ฆ
"The Report Global Commercial Beverage Dispensers Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Commercial Beverage Dispensers Commercial beverage dispensers refer to containers that keep beverages fresh for a long period of time. This equipment also allows beverages to be dispensed in prescribed amounts and is mainly used by foodservice establishments such as hotels, restaurants, catering companies, clubs, and pubs. Technaviosโ€ฆ
09-22-2016 | Business, Economy, Finances, B โ€ฆ
zion market research
Beverage Packaging Market
Zion Research has published a new report titled โ€œBeverage Packaging (Bottle, Can, Pouch, and Carton) Market, By Material (Glass, Plastic, Metal, and Paperboard), for Alcoholic, Non-Alcoholic, and Dairy Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 โ€“ 2021โ€. According to the report, global demand for beverage packaging market was valued at USD 108.4 billion in 2015, is expected to reach USD 138.7 billion inโ€ฆ