Press release
Alcoholic Beverages Market to Hit USD 4303.88 Bn by 2030, Growing at 9.2% CAGR
๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐กThe global alcoholic beverages market is experiencing substantial expansion, with its size valued at USD 2,324.35 billion in 2023. Projections indicate a robust compound annual growth rate (CAGR) of 9.2% from 2024 to 2030, aiming to reach nearly USD 4,303.88 billion by 2030.
๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/27601/
๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐บ๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐๐๐ ๐ฝ๐๐๐๐๐๐:
Vietnam's alcoholic beverages market is characterized by intense competition between domestic and global participants, focusing on the beer sector. Over the past years, the market has consistently expanded, both in terms of production and consumption.
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐บ๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐ฐ๐๐ ๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐ :
In July 2024, ๐๐ก๐๐ข ๐๐๐ฏ๐๐ซ๐๐ ๐ (๐๐ก๐๐ข๐๐๐ฏ), Southeast Asia's leading brewer, announced plans to divest its property assets in a share swap deal to focus solely on its beverage and food business. This strategic move aims to streamline ThaiBev's operations towards non-alcoholic beverages and dairy products, potentially enhancing its market valuation in line with pure-play beverage and food companies.
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฑ๐๐๐๐:
Japanese alcoholic beverage manufacturers, such as ๐๐ฌ๐๐ก๐ข ๐๐ซ๐จ๐ฎ๐ฉ ๐๐ง๐ ๐๐ฎ๐ง๐ญ๐จ๐ซ๐ฒ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐, are engaged in mergers and acquisitions, expansions, and product launches to strengthen their market position.
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐:
South Korea has witnessed a rise in demand for premium alcoholic beverages, driven by evolving consumer tastes and a booming cocktail culture. The market has expanded geographically beyond traditional strongholds.
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐๐ ๐บ๐๐๐๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐:
Singapore's alcoholic beverage market is experiencing growth, with companies focusing on product innovation and strategic partnerships to cater to the evolving preferences of consumers. The market includes a wide range of beer, wine, spirits, cider, and traditional alcoholic beverages.
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐น๐๐๐ ๐-๐๐-๐ซ๐๐๐๐ ๐บ๐๐๐๐๐๐ ๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐:
The U.S. alcoholic beverages market is projected to grow significantly, reaching an estimated value of USD 702.96 billion by 2032, driven by the rise in the number of urban consumers consuming alcoholic drinks.
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ช๐๐๐๐:
China is one of the largest consumers of alcohol, with an increase in per capita consumption of 0.9 liters of pure alcohol by 2025 from 2016.
๐จ๐๐๐๐๐๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฌ๐๐๐๐๐:
Europe remains a significant market for alcoholic beverages, with a strong tradition of production and consumption. The region has seen various mergers and acquisitions, with companies like ๐๐ฌ๐๐ก๐ข ๐๐ซ๐๐ฐ๐๐ซ๐ข๐๐ฌ acquiring brands such as Peroni, Meantime, and Grolsch to strengthen their market presence.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/27601/
๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ ๐ป๐๐๐
Beer
Distilled Spirits
Wine
Others
According to Type, 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, flavours, and modifications, which satisfy a wide range of consumer preferences, are the foundation of its appeal. This increase can be attributed to globalisation, which has facilitated the convergence of national patterns of alcohol use. 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.
๐๐ ๐จ๐๐๐๐๐๐๐๐
Content High
Medium
Low
๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐
Convenience Stores
On Premises
Liquor Stores
Grocery Shops
Internet Retailing
Supermarkets
The nutritional profile of beer is also appealing. Customers who are concerned about their health may find it appealing because it contains important minerals like potassium, magnesium, and selenium in addition to B vitamins and antioxidants. It was picked because it may help prevent heart disease and stroke. Although there isn't much scientific evidence to support beer's claims to treat diseases like diabetes, anxiety, and cancer, its appeal is nonetheless influenced by these alleged advantages. The beer segment is a mainstay of the alcoholic beverages market due to its adaptability to shifting customer preferences, broad appeal, and versatility.
๐๐จ ๐๐๐ฅ๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ค๐ข๐ง๐๐ฅ๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/27601/
๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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.
๐๐ข๐๐ฐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ ๐๐จ๐ฉ๐ข๐๐ฌ ๐๐จ๐ฐ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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