Opportunity Outlook on the Global $1.68 Trillion Alcoholic Beverages Market by Type, Distribution Channel and Geography (2018-2025) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 16, 2019--The “Alcoholic Beverages Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The alcoholic beverages market was valued at $1,438 billion in 2017, and is projected to reach $1,684 billion by 2025, growing at a CAGR of 2% from 2018 to 2025.
Increase in global young adult demographic coupled with high disposable income significantly contributes towards the growth of the global alcoholic beverages market.
However, high cost of premium/super premium products and upsurge in demand for non-alcoholic beverages, owing to health concerns are expected to hamper the market growth during the forecast period. In addition, taxations and higher excise duties on imported as well as local alcoholic beverages also inhibits the market growth.
On the contrary, introduction of healthier varieties of beer and spirits is expected to offer lucrative opportunities for alcoholic beverages market players.
Select FindingsBeer segment dominated the global alcoholic beverages market with approximately 50% of market share and is expected to grow at a CAGR of 1.8% during the forecast period. Sparkling wines occupied one-third of global wine market segmented under global alcoholic beverages market and is expected to grow at a CAGR of 1.9%. In terms of value, the distilled spirits segment in alcoholic beverages market is expected to grow at a CAGR of 2.3% during the forecast period. The Whiskey sub segment dominates the distilled spirits segment under alcoholic beverages market and is expected to retain its dominance throughout the forecast period, with CAGR of 1.8%. By distribution channel, liquor stores occupied around one-fourth of the global alcoholic beverages market share in 2017, in value terms.
Key PlayersAnheuser-Busch InBev Bacardi Limited Beam Suntory Constellation Brands Diageo Heineken Holding Molson Coors Brewing Co. Pernod Ricard SABMiller United Spirits
Other PlayersAccolade Wines Asahi Breweries Brown-Forman Corp. Carlsberg A/S China Resources Beer Company Limited Rémy Cointreau Tsingtao Brewery Treasury Wine Estates Thai Beverage Public The Wine Group
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Global Alcoholic Beverages Market, by Type
Chapter 5. Global Alcoholic Beverages Market, by Distribution Channel
Chapter 6. Global Alcoholic Beverages Market, by Geography
Chapter 7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/d29hcd/opportunity?w=4
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Related Topics:Alcoholic Beverages
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 01/16/2019 09:07 AM/DISC: 01/16/2019 09:07 AM