Alcoholic Beverages Market to Hit USD 4303.88 Bn by 2030, Growing at 9.2% CAGR

𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

The global alcoholic beverages market is experiencing substantial expansion, with its size valued at USD 2,324.35 billion in 2023. Projections indicate a robust compound annual growth rate (CAGR) of 9.2% from 2024 to 2030, aiming to reach nearly USD 4,303.88 billion by 2030.

𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/27601/

𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆 𝑺𝒆𝒄𝒕𝒐𝒓 𝑪𝒐𝒏𝒔𝒐𝒍𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝑻𝒓𝒆𝒏𝒅𝒔 𝒊𝒏 𝒕𝒉𝒆 𝑽𝒊𝒆𝒕𝒏𝒂𝒎:

Vietnam's alcoholic beverages market is characterized by intense competition between domestic and global participants, focusing on the beer sector. Over the past years, the market has consistently expanded, both in terms of production and consumption.

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆 𝑴𝒂𝒓𝒌𝒆𝒕 𝑺𝒕𝒓𝒂𝒕𝒆𝒈𝒊𝒄 𝑪𝒐𝒏𝒔𝒐𝒍𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝒊𝒏 𝒕𝒉𝒆 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆 𝑰𝒏𝒅𝒖𝒔𝒕𝒓𝒚 𝑻𝒉𝒂𝒊𝒍𝒂𝒏𝒅:

In July 2024, 𝐓𝐡𝐚𝐢 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 (𝐓𝐡𝐚𝐢𝐁𝐞𝐯), Southeast Asia's leading brewer, announced plans to divest its property assets in a share swap deal to focus solely on its beverage and food business. This strategic move aims to streamline ThaiBev's operations towards non-alcoholic beverages and dairy products, potentially enhancing its market valuation in line with pure-play beverage and food companies.

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑬𝒙𝒑𝒂𝒏𝒔𝒊𝒐𝒏 𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 𝒊𝒏 𝑱𝒂𝒑𝒂𝒏:

Japanese alcoholic beverage manufacturers, such as 𝐀𝐬𝐚𝐡𝐢 𝐆𝐫𝐨𝐮𝐩 𝐚𝐧𝐝 𝐒𝐮𝐧𝐭𝐨𝐫𝐲 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝, are engaged in mergers and acquisitions, expansions, and product launches to strengthen their market position.

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑻𝒓𝒆𝒏𝒅𝒔 𝒊𝒏 𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆 𝑪𝒐𝒏𝒔𝒖𝒎𝒑𝒕𝒊𝒐𝒏 𝒊𝒏 𝑺𝒐𝒖𝒕𝒉 𝑲𝒐𝒓𝒆𝒂:

South Korea has witnessed a rise in demand for premium alcoholic beverages, driven by evolving consumer tastes and a booming cocktail culture. The market has expanded geographically beyond traditional strongholds.

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑼𝒑𝒅𝒂𝒕𝒊𝒐𝒏 𝒂𝒏𝒅 𝑺𝒕𝒓𝒂𝒕𝒆𝒈𝒊𝒄 𝑫𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕𝒔 𝒊𝒏 𝑺𝒊𝒏𝒈𝒂𝒑𝒐𝒓𝒆:

Singapore's alcoholic beverage market is experiencing growth, with companies focusing on product innovation and strategic partnerships to cater to the evolving preferences of consumers. The market includes a wide range of beer, wine, spirits, cider, and traditional alcoholic beverages.

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑮𝒓𝒐𝒘𝒕𝒉 𝒊𝒏 𝑹𝒆𝒂𝒅𝒚-𝒕𝒐-𝑫𝒓𝒊𝒏𝒌 𝑺𝒆𝒈𝒎𝒆𝒏𝒕 𝒊𝒏 𝑼𝒏𝒊𝒕𝒆𝒅 𝑺𝒕𝒂𝒕𝒆𝒔:

The U.S. alcoholic beverages market is projected to grow significantly, reaching an estimated value of USD 702.96 billion by 2032, driven by the rise in the number of urban consumers consuming alcoholic drinks.

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆 𝑴𝒂𝒓𝒌𝒆𝒕 𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 𝒊𝒏 𝒕𝒉𝒆 𝑪𝒉𝒊𝒏𝒂:

China is one of the largest consumers of alcohol, with an increase in per capita consumption of 0.9 liters of pure alcohol by 2025 from 2016.

𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑻𝒓𝒆𝒏𝒅𝒔 𝒂𝒏𝒅 𝑫𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕𝒔 𝒊𝒏 𝑬𝒖𝒓𝒐𝒑𝒆:

Europe remains a significant market for alcoholic beverages, with a strong tradition of production and consumption. The region has seen various mergers and acquisitions, with companies like 𝐀𝐬𝐚𝐡𝐢 𝐁𝐫𝐞𝐰𝐞𝐫𝐢𝐞𝐬 acquiring brands such as Peroni, Meantime, and Grolsch to strengthen their market presence.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/27601/

𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝒃𝒚 𝑻𝒚𝒑𝒆

Beer
Distilled Spirits
Wine
Others

According to Type, The market for alcoholic beverages is dominated by the beer segment. in 2023. Beer is a popular beverage that is consumed by people from all walks of life and in many parts of the world. Its wide variety of styles, flavours, and modifications, which satisfy a wide range of consumer preferences, are the foundation of its appeal. This increase can be attributed to globalisation, which has facilitated the convergence of national patterns of alcohol use. Although certain areas have historically preferred wine or spirits, the beer market has been able to hold onto its importance in countries where beer has historically been popular.

𝒃𝒚 𝑨𝒍𝒄𝒐𝒉𝒐𝒍𝒊𝒄

Content High
Medium
Low

𝒃𝒚 𝑫𝒊𝒔𝒕𝒓𝒊𝒃𝒖𝒕𝒊𝒐𝒏 𝑪𝒉𝒂𝒏𝒏𝒆𝒍

Convenience Stores
On Premises
Liquor Stores
Grocery Shops
Internet Retailing
Supermarkets

The nutritional profile of beer is also appealing. Customers who are concerned about their health may find it appealing because it contains important minerals like potassium, magnesium, and selenium in addition to B vitamins and antioxidants. It was picked because it may help prevent heart disease and stroke. Although there isn't much scientific evidence to support beer's claims to treat diseases like diabetes, anxiety, and cancer, its appeal is nonetheless influenced by these alleged advantages. The beer segment is a mainstay of the alcoholic beverages market due to its adaptability to shifting customer preferences, broad appeal, and versatility.

𝐓𝐨 𝐝𝐞𝐥𝐯𝐞 𝐝𝐞𝐞𝐩𝐞𝐫 𝐢𝐧𝐭𝐨 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐤𝐢𝐧𝐝𝐥𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/request-sample/27601/

𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

1. Anheuser-Busch InBev
2. Diageo
3. Pernod Ricard
4. China Resources Snow Breweries
5. Heineken
6. Constellation Brands
7. Molson Coors Beverage Company
8. Kirin Holdings
9. SABMiller (now a part of AB InBev)
10. Asahi Group Holdings
11. Bacardi Limited
12. Brown-Forman
13. Carlsberg Group
14. Beam Suntory
15. Campari Group
16. Rémy Cointreau
17. Thai Beverage
18. William Grant & Sons
19. The Edrington Group
20. Gruppo Campari.

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