LONDON--(BUSINESS WIRE)--Aug 9, 2018--The alcoholic beverages industry is witnessing an existential dilemma. While the market seems to be all set with a steady growth forecast of close to 4% and increasing demand for liquors such beer, wine and bourbon, it is also being challenged by the rising cost of raw-materials.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180809005744/en/

Technavio has published a new market research report on the alcohol beverages market in the US from 2017-2021. (Graphic: Business Wire)

Looking for more insights into the alcoholic beverages industry?

Technavio’s research delves into the intricacies of the market to derive some understanding of the volatile patterns evolving within the alcoholic beverages market. This will help players in the alcoholic beverages industry align their strategic decisions to reap the maximum benefit.

Find out the latest trends in the alcoholic beverages industry: Read ‘

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses 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 10,000 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.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005744/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: RETAIL WINE & SPIRITS

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/09/2018 03:50 PM/DISC: 08/09/2018 03:50 PM

http://www.businesswire.com/news/home/20180809005744/en