Global Alcoholic Beverage Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 3.1% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 1, 2018--The “Global Alcoholic Beverage Market - Growth, Trends, and Forecast (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.
The global alcoholic beverages market is expected to record a CAGR of 3.1%, during the forecast period.
The demand for alcoholic drinks is growing at a faster rate in emerging countries, like India, China, Indonesia, and Singapore. This is driving the demand for alcoholic drinks industry. The growing demand for premium alcoholic beverages is considered to be one of the primary drivers for this market. Efforts by alcoholic beverage manufacturers for strengthening distribution channels and extension of purchase channels, such as online stores, and convenience stores, is also contributing substantially to the growth of the global alcoholic beverages market.
Alcoholic drinks can be segmented into three categories - beer, wine, and spirits. Beer is the most consumed alcoholic drink across the globe and contains around 4-7% of alcohol. Wine is the second largest segment after beer and has 6-20% of alcohol in it and spirits contain 40-80% of alcohol. Increasing demand for craft beer is also driving the beer sales. Distilled Spirits is the top investment pocket in the alcoholic beverages market, attributed to boom in premium/super premium whiskey consumption, and the demand shift from beer.
The report is further segmented based on geography with further country wise segmentation. Europe is the largest market for alcoholic beverages. Europe has the highest per capita consumption of alcohol led by France and is followed by Germany, Italy, UK, and others. Beer represented a 40.1% share of all alcohol sales value in Germany, France, Italy, Spain, the UK, and the Netherlands.
Companies MentionedBacardi Beam-Suntory Boston Beer Brown-Forman Constellation Brands Diageo E & J Gallo Edrington Group Jose Cuervo Mast-Jaegermeister Miller Coors Pabst Brewing
Key Topics Covered:
2. Research Approach & Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/tgmqd2/global_alcoholic?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180801005550/en/
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Related Topics:Alcoholic Beverages
KEYWORD: EUROPE ASIA PACIFIC
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE WINE & SPIRITS
SOURCE: Research and Markets
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PUB: 08/01/2018 09:34 AM/DISC: 08/01/2018 09:34 AM