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Alcoholic Beverages Market size to grow by USD 440.18 billion from 2022 to 2027; Growth driven by increasing popularity of craft drinks - Technavio


NEW YORK, May 29, 2023 /PRNewswire/ -- The latest report on the alcoholic beverages market, 2023-2027 estimates to register an incremental growth of USD 440.18 billion, accelerating at a CAGR of 3.5% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The growth of the alcoholic beverages market is being driven by the increasing popularity of craft drinks. 

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

Alcoholic Beverages Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Anheuser Busch InBev SA, Asahi Group Holdings Ltd., Bells Brewery Inc., Carlsberg AS, Constellation Brands Inc., D.G. Yuengling and Son Inc., Davide Campari Milano NV, Deschutes Brewery, Diageo Plc, FIFCO USA , Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., Pernod Ricard SA, Stone Brewing Co. LLC, Suntory Beverage and Food Ltd., Treasury Wine Estates Ltd., Victory Brewing Co., and Yanghe Distillery Co. Ltd. are among some of the major market participants.

What`s New for 2023?

Alcoholic Beverages Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

Market Drivers

Market Trends

Market Challenges

Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find some insights from a PDF sample report!

Alcoholic Beverages Market 2023-2027: Segmentation

Alcoholic Beverages Market is segmented as below:

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Alcoholic Beverages Market 2023-2027: Key Highlights

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Related Reports:

Organic Wine MarketThe organic wine market size is estimated to grow at a CAGR of 8.57% between 2022 and 2027. The market size is forecast to increase by USD 5,019.97 million.

Wine MarketThe wine market size is estimated to grow at a CAGR of 4.45% between 2022 and 2027. The wine market size is forecast to increase by USD 134.59 billion.

Alcoholic Beverages Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.5%

Market growth 2023-2027

USD 440.18 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

2.5

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

Europe at 32%

Key countries

US, Canada, China, France, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Anheuser Busch InBev SA, Asahi Group Holdings Ltd., Bells Brewery Inc., Carlsberg AS, Constellation Brands Inc., D.G. Yuengling and Son Inc., Davide Campari Milano NV, Deschutes Brewery, Diageo Plc, FIFCO USA , Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., Pernod Ricard SA, Stone Brewing Co. LLC, Suntory Beverage and Food Ltd., Treasury Wine Estates Ltd., Victory Brewing Co., and Yanghe Distillery Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Distribution Channel

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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