Alcoholic Beverages Market to Witness Robust Expansion Throughout the Forecast Period 2019–2030 - BACARDI, Constellation Brands, Heineken
Alcoholic Beverages Market: 2019 Industry Analysis, Size, Trends, Growth and Forecast 2030
New York, NY -- (SBWire) -- 03/09/2020 --The significant growth of the market can be attributed to, high cost of premium or super-premium products. Moreover, factors such as increasing demand for premium alcoholic beverages and new product launches and innovations as well as a change in consumer preferences are anticipated to boost the growth of the alcoholic beverages market over the forecast period. For instance, canned alcohol is available in variety of range such as pre-mixed cocktails. Several vendors are offering alcoholic beverages in various flavors as well as products containing no artificial flavors and colors. These innovations are identified as a critical alcoholic beverage market trend responsible for the growth of the market.
Market Industry Reports (MIR) has published a new report titled "Alcoholic Beverages Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global alcoholic beverages market is estimated to be over US$ 1.5 Billion in 2019. It is anticipated to grow at a CAGR of 2.8% from 2019 to 2030.
Major Key Players of the Alcoholic Beverages Market are:
The Boston Beer Company, BACARDI, Constellation Brands, Heineken N.V. , Anheuser-Busch InBev, Diageo, Kirin Holdings Company, Limited, Carlsberg Breweries A/S, Pernod Ricard and Molson Coors Brewing Company among others.
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The increasing demand for premium alcoholic beverages is considered to be one of the drivers for this market. Efforts by alcohol manufacturers for strengthening distribution channels and extension of purchase channels, like online stores, and convenience stores, is additionally contributing to the expansion of the global alcoholic beverages market. Moreover, Wine consumption has its benefits it helps in improving the cholesterol level. Thus, rising awareness about such benefits is expected to result in increased consumption of premium alcoholic drinks. This in turn aids the substantial growth of the alcoholic beverages market.
New product launches and innovations related to alcoholic beverages are favoring the growth of this market. Companies are launching innovative products owing to changing consumer preferences. Consumers are paying an enormous amount for low-calorie and superior ingredients of alcoholic beverages. Moreover, Diageo, a U.K. based company launched a new range of product innovations across its brand portfolio, which includes Guinness, Smirnoff, Pimm's, Captain Morgan, Gordon's and CIROC. This is expected to propel growth of the overall alcoholic beverages market.
Major Types of Alcoholic Beverages Market covered are:
Beer
Wine and Spirits
Research objectives:-
– To study and analyze the global Alcoholic Beverages consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Alcoholic Beverages market by identifying its various sub-segments.
– Focuses on the key global Alcoholic Beverages manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Alcoholic Beverages with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Alcoholic Beverages Market Size
2.2 Alcoholic Beverages Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Alcoholic Beverages Market Size by Manufacturers
3.2 Alcoholic Beverages Key Players Head office and Area Served
3.3 Key Players Alcoholic Beverages Product/Solution/Service
3.4 Date of Enter into Alcoholic Beverages Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Alcoholic Beverages Sales by Product
4.2 Global Alcoholic Beverages Revenue by Product
4.3 Alcoholic Beverages Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Alcoholic Beverages Breakdown Data by End User
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In the end, Alcoholic Beverages industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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