Press release
Alcoholic Beverages Market - Key Growth Drivers, Challenges, Demand and Upcoming Trends
Market Overview:Alcoholic is an odorless liquid obtained by fermentation of sugar. Various types of compounds are present in the alcohol. However, ethyl is considered to be food grade alcohol in maximum alcoholic beverages. Ethanol or Ethyl alcohol is manufactured through a natural process when the yeast transforms the sugar contained in fruit, cereals, and sugar-canes, into alcohol.
The global alcoholic beverages market is anticipated to be driven by the increasing per capita disposable income of the consumer in developed over the past few years. Also, the increasing purchasing power of the consumer in developing nation is considered to be the significant for the rising growth of alcoholic beverages in the near future. Also, the increasing youth population is anticipated to be one of the key factor for the substantial growth of alcoholic beverages market during the forecast period. Increasing urbanization in developing economies of Asia Pacific is also propelling the sales of alcoholic beverages in the upcoming decade.
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Major Key Players:
The major Key Players in the Alcoholic Beverages Market are,
• Beam-Suntory (U.S.)
• Constellation Brands (U.S.)
• Anheuser Busch InBev. (Belgium)
• Carlsberg Group (Denmark)
• Accolade Wines (Australia)
• Diageo Plc (U.K.)
• Heineken Holding Nv (Netherland)
Global Alcoholic beverages market is highly concentrated in Europe. Asia Pacific has massive potential for alcoholic beverages, as there is an increasing consumer awareness regarding the alcoholic beverages coupled with the per capita disposable income is anticipated to fuel the sales of alcoholic beverages during the forecast period.
Regional Analysis
Alcoholic Beverages Market is segmented into Asia Pacific, North America, Europe and rest of the world (ROW). Among these, Europe region is expected to retain its dominance throughout the forecast period. This is attributed by the increasing per capita disposable income coupled with the changing lifestyles of the consumer in the Eastern Europe economies. North America is also estimated to hold healthy market proportion in the Alcoholic beverages market. Asia Pacific region is projected to grow at a substantial growth during the forecast period. However, China is projected to register maximum CAGR during the forecast period in Asia Pacific region. Especially China and India offer a lucrative opportunity in the Asia Pacific region for the Alcoholic beverages manufacturers. Latin America & Middle East region is projected to show a high potential in the alcoholic beverages market due to the rising disposable income of some of the countries.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions
2.2.3 Limitations
2.3 Markets Structure
2.4 Stakeholders
3 Research Methodology
3.1 Research Formulation
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
3.5 Market Size Estimation
4 Market Dynamics
Continued…..
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The Alcoholic beverages market is segmented under the following regions mentioned below:
North America
• Canada
• Europe
• US
Europe
• Italy
• Spain
• UK
• Germany
• France
• Rest of Europe
Asia-Pacific
• Australia
• Singapore
• China
• India
• Rest of Asia Pacific
Rest of the world
• Saudi Arabia
• South Africa
• Brazil
• Argentina
• Others
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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