Global Alcoholic Beverages Market 2024-2028
Technavio has been monitoring the alcoholic beverages market and is forecast to grow by USD 261.6 bn during 2023-2028, accelerating at a CAGR of 2.09% during the forecast period. Our report on the alcoholic beverages market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in popularity of craft segment, rise in mergers and acquisitions, and increase in marketing and promotional activities.
Technavio's alcoholic beverages market is segmented as below:
By Product
By Distribution Channel
By Geography
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the increasing consumption of alcoholic beverages as one of the prime reasons driving the alcoholic beverages market growth during the next few years. Also, increasing online sales of alcoholic beverages and new packaging formats will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the alcoholic beverages market covers the following areas:
- Alcoholic beverages market sizing
- Alcoholic beverages market forecast
- Alcoholic beverages market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading alcoholic beverages market vendors that include Anheuser Busch InBev SA NV, Asahi Group Holdings Ltd., Bells Brewery Inc., Campari Group, Carlsberg Breweries AS, Constellation Brands Inc., Deschutes Brewery, D.G. Yuengling and Son Inc., Diageo Plc, FIFCO USA, Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., New Belgium Brewing Co. Inc., Pernod Ricard SA, Stone Brewing Co. LLC, Suntory Holdings Ltd., Treasury Wine Estates Ltd., Victory Brewing Co., and Yanghe Distillery Co. Ltd.. Also, the alcoholic beverages market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.