Press release
Alcoholic Beverage E-Commerce Platforms Market Vendor and Technology Assessment Report 2024-2031
Alcoholic Beverage E-Commerce Platforms Market worth $ 30.5 Billion by 2030 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on "Global Alcoholic Beverage E-Commerce Platforms Market (Products (Wine, Beer, Distilled Spirits, Hard Kombucha, Hard Seltzers, Cocktails and Long Drinks and Other RTD/ Flavored Products), Applications (Commercial, Residential), Distribution Channels (Direct to the consumer, Online liquor stores, Online grocery, Licensed Specialty Retailers, and Other Distribution Channels)) - By Industry Competition Analysis, Future Trends, Revenue and Forecast Till 2030."
According to the most recent version of the market research study, the worldwide Alcoholic Beverage E-Commerce Platforms market is worth US$ 2.19 billion in 2021 and is predicted to grow to US$ 30.5 billion by 2030, with a promising CAGR of 34.3% from 2022 to 2030.
Get Free Access to Demo Report, Excel Pivot and ToC :https://www.insightaceanalytic.com/request-sample/1210
The growth of e-commerce in the food and beverage services business has been accelerated by the widespread use of the internet. Selling online enables firms to reach new customers while increasing sales and income benefits. Emerging technology has created a new trend and experience for people to purchase different sorts of and have it delivered to their homes. The number of online grocery stores, liquor stores, and specialty sellers is increasing, as is the need for e-commerce for alcoholic beverages.
Furthermore, the COVID-19 pandemic benefits the E-Commerce sector for alcoholic beverages. During the Covid-19 pandemic, premiumization skyrocketed as customers sought new ways to replicate comparable experiences at home in pubs and restaurants. Premiumisation is driven by product innovation, which is supported by rising levels of affluence and disposable income, as well as a greater desire to sample new experiences and ingredients. The online channel has increased dramatically in recent years, owing to the pandemic boosting consumer spending online and retailers broadening the reach of their online alcohol offerings. The alcohol e-commerce industry is experiencing a tremendous increase in sales as a result of the altering drinking patterns caused by the COVID-19 pandemic, with consumption relocating from bars and restaurants to homes.
The simple availability of a wide variety of alcoholic beverages on the online platform is projected to drive market expansion. Increased alcohol consumption and internet penetration are predicted to have a beneficial impact on market growth. Furthermore, smartphone adoption is growing rapidly. The introduction of alcoholic ready-to-drink premixes including natural and health-promoting components, as well as increased demand for convenient product delivery, are expected to create considerable growth potential during the projection period. The trend of enterprises shifting to online platforms to get a better reach for their clients, combined with increasing digitalization in many emerging economies, is predicted to grow exponentially throughout the forecast period.
Expert Knowledge, Just a Click Away:https://calendly.com/insightaceanalytic/30min?month=2024-02
Geographically, the North American region is likely to dominate the market during the forecast period, owing to the growth of e-Commerce liquor platforms and the rapid adoption of new technology. Similarly, the Asia Pacific area is predicted to experience the fastest growth due to shifting lifestyle patterns and increased internet delivery applications.
Some of the key players of the Alcoholic Beverage E-Commerce Platforms market are Drizly, Wine.com, Total Wine, Minibar, Fresh Direct, BevMo! Corporation, Safeway, Harris Teetar, Walmart To Go, Delivery.com, Vivino, Thirstie, Danta, Naked Wines, Lot18 , WineAccess , Flaviar , Winc , Saucey, Bright Cellars, City Hive Inc., Handoff, SevenFifty, Bottlecapps, Provi, Peapod, DRINKS, and Other Prominent Players.
Key Developments:
In Oct 2021, Uber Technologies, Inc. completed the acquisition of Drizly. Through this acquisition, two companies are planning to integrate their complementary delivery apps and services. The acquisition accelerates Uber's efforts to monetize its grocery operations in a similar manner, which is a vital component of making that business model profitable. Drizly has experience selling ad inventory to Consumer Packaged Goods (CPG) companies, ensuring that Uber offers a complete grocery offering (i.e. including alcohol) in almost every major market.
In April 2021, Bottlecapps, the fastest-growing full-service e-commerce developer for the beverage alcohol industry, announced the expansion of its offerings with its free alcohol delivery platform, BottleRover. BottleRover is the first of its kind to offer free delivery with zero costs for both the end-users and participating liquor stores.
In June 2021, Bright Cellars, an e-commerce wine membership service, announced a partnership with the It Gets Better Project. This partnership intends to raise a glass to individual experiences and continue working toward inclusivity and acceptance among LGBTQ+ young people worldwide. During June, Bright Cellars will donate 50% of proceeds from this campaign to help support the Its Gets Better Project to expand its storytelling initiatives, educational programming, and global affiliate network.
Unlock Your GTM Strategy:https://www.insightaceanalytic.com/customisation/1210
Market Segments
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Products
• Wine
• Beer
• Distilled Spirits
• Hard Kombucha
• Hard Seltzers
• Cocktails and Long Drinks
• Other RTD/ Flavored Products
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Applications
• Commercial
• Residential
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Distribution Channels
• Direct to consumer
• Online liquor stores
• Online grocery
• Licensed Specialty Retailers
• Other Distribution Channels
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• The U.S.
• Canada
Europe Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• Brazil
• Mexico
• Rest of Latin America
The Middle East & Africa Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• South Africa
• GCC Countries
• Rest of the Middle East & Africa
Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/1210
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on "Global Alcoholic Beverage E-Commerce Platforms Market (Products (Wine, Beer, Distilled Spirits, Hard Kombucha, Hard Seltzers, Cocktails and Long Drinks and Other RTD/ Flavored Products), Applications (Commercial, Residential), Distribution Channels (Direct to the consumer, Online liquor stores, Online grocery, Licensed Specialty Retailers, and Other Distribution Channels)) - By Industry Competition Analysis, Future Trends, Revenue and Forecast Till 2030."
According to the most recent version of the market research study, the worldwide Alcoholic Beverage E-Commerce Platforms market is worth US$ 2.19 billion in 2021 and is predicted to grow to US$ 30.5 billion by 2030, with a promising CAGR of 34.3% from 2022 to 2030.
Get Free Access to Demo Report, Excel Pivot and ToC :https://www.insightaceanalytic.com/request-sample/1210
The growth of e-commerce in the food and beverage services business has been accelerated by the widespread use of the internet. Selling online enables firms to reach new customers while increasing sales and income benefits. Emerging technology has created a new trend and experience for people to purchase different sorts of and have it delivered to their homes. The number of online grocery stores, liquor stores, and specialty sellers is increasing, as is the need for e-commerce for alcoholic beverages.
Furthermore, the COVID-19 pandemic benefits the E-Commerce sector for alcoholic beverages. During the Covid-19 pandemic, premiumization skyrocketed as customers sought new ways to replicate comparable experiences at home in pubs and restaurants. Premiumisation is driven by product innovation, which is supported by rising levels of affluence and disposable income, as well as a greater desire to sample new experiences and ingredients. The online channel has increased dramatically in recent years, owing to the pandemic boosting consumer spending online and retailers broadening the reach of their online alcohol offerings. The alcohol e-commerce industry is experiencing a tremendous increase in sales as a result of the altering drinking patterns caused by the COVID-19 pandemic, with consumption relocating from bars and restaurants to homes.
The simple availability of a wide variety of alcoholic beverages on the online platform is projected to drive market expansion. Increased alcohol consumption and internet penetration are predicted to have a beneficial impact on market growth. Furthermore, smartphone adoption is growing rapidly. The introduction of alcoholic ready-to-drink premixes including natural and health-promoting components, as well as increased demand for convenient product delivery, are expected to create considerable growth potential during the projection period. The trend of enterprises shifting to online platforms to get a better reach for their clients, combined with increasing digitalization in many emerging economies, is predicted to grow exponentially throughout the forecast period.
Expert Knowledge, Just a Click Away:https://calendly.com/insightaceanalytic/30min?month=2024-02
Geographically, the North American region is likely to dominate the market during the forecast period, owing to the growth of e-Commerce liquor platforms and the rapid adoption of new technology. Similarly, the Asia Pacific area is predicted to experience the fastest growth due to shifting lifestyle patterns and increased internet delivery applications.
Some of the key players of the Alcoholic Beverage E-Commerce Platforms market are Drizly, Wine.com, Total Wine, Minibar, Fresh Direct, BevMo! Corporation, Safeway, Harris Teetar, Walmart To Go, Delivery.com, Vivino, Thirstie, Danta, Naked Wines, Lot18 , WineAccess , Flaviar , Winc , Saucey, Bright Cellars, City Hive Inc., Handoff, SevenFifty, Bottlecapps, Provi, Peapod, DRINKS, and Other Prominent Players.
Key Developments:
In Oct 2021, Uber Technologies, Inc. completed the acquisition of Drizly. Through this acquisition, two companies are planning to integrate their complementary delivery apps and services. The acquisition accelerates Uber's efforts to monetize its grocery operations in a similar manner, which is a vital component of making that business model profitable. Drizly has experience selling ad inventory to Consumer Packaged Goods (CPG) companies, ensuring that Uber offers a complete grocery offering (i.e. including alcohol) in almost every major market.
In April 2021, Bottlecapps, the fastest-growing full-service e-commerce developer for the beverage alcohol industry, announced the expansion of its offerings with its free alcohol delivery platform, BottleRover. BottleRover is the first of its kind to offer free delivery with zero costs for both the end-users and participating liquor stores.
In June 2021, Bright Cellars, an e-commerce wine membership service, announced a partnership with the It Gets Better Project. This partnership intends to raise a glass to individual experiences and continue working toward inclusivity and acceptance among LGBTQ+ young people worldwide. During June, Bright Cellars will donate 50% of proceeds from this campaign to help support the Its Gets Better Project to expand its storytelling initiatives, educational programming, and global affiliate network.
Unlock Your GTM Strategy:https://www.insightaceanalytic.com/customisation/1210
Market Segments
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Products
• Wine
• Beer
• Distilled Spirits
• Hard Kombucha
• Hard Seltzers
• Cocktails and Long Drinks
• Other RTD/ Flavored Products
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Applications
• Commercial
• Residential
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Distribution Channels
• Direct to consumer
• Online liquor stores
• Online grocery
• Licensed Specialty Retailers
• Other Distribution Channels
Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• The U.S.
• Canada
Europe Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• Brazil
• Mexico
• Rest of Latin America
The Middle East & Africa Alcoholic Beverage E-Commerce Platforms market revenue (US$ Billion) by Country, 2022 to 2030
• South Africa
• GCC Countries
• Rest of the Middle East & Africa
Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/1210
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
