Global Alcoholic Drinks Market 2024-2028

Global Alcoholic Drinks Market 2024-2028

The alcoholic drinks market is forecasted to grow by USD 110.7 mn during 2023-2028, accelerating at a CAGR of 6.56% during the forecast period. The report on the alcoholic drinks 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 drinks market is segmented as below:

By Distribution Channel

• Offline
• Online

By Type

• Beer
• Wine
• Spirits
• RTD pre-mixes
• Cider

By Geography

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the increasing consumption of alcoholic drinks as one of the prime reasons driving the alcoholic drinks market growth during the next few years. Also, increasing online sales of alcoholic drinks and new packaging formats will lead to sizable demand in the market.

The report on the alcoholic drinks market covers the following areas:

• Alcoholic drinks market sizing
• Alcoholic drinks market forecast
• Alcoholic drinks market industry analysis

The 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 drinks market vendors that include Aceo Ltd., Allied Blenders and Distillers Pvt. Ltd., Anheuser Busch InBev SA NV, Anora Group Plc, Bacardi Ltd., Bronco Wine Co., Brown Forman Corp., Carlsberg Breweries AS, Concha y Toro, Constellation Brands Inc., Diageo Plc, E. and J. Gallo Winery, Heineken NV, Molson Coors Beverage Co., Pernod Ricard SA, Suntory Holdings Ltd., The Boston Beer Co. Inc., The Edrington Group Ltd., The Wine Group LLC, and Treasury Wine Estates Ltd.. Also, the alcoholic drinks 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.

The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.