Title: Alcoholic Beverages Market Report
1ALCOHOLIC BEVERAGES MARKET REPORT
2INTRODUCTION
An alcoholic beverage is an odorless liquid
obtained through the fermentation of a
sugar-containing liquid. A potable (meaning
drinkable) liquid containing ethyl alcohol or
ethanol of 0.5 percent or more by volume is
termed an alcoholic beverage. Alcohol is a
mobile, volatile fluid obtained by fermenting a
liquid containing sugar. Alcoholic beverages are
prepared by using the fermentation distillation
process. It includes beverages like beer, wine,
whisky, rum, brandy, gin, vodka, tequila, and
others.
3KEY INSIGHTS
MARKET SIZE 1,387.86 Billion
2021
FORECAST 1,696.7 Billion
2029
2023- 2030
CAGR 4.3
4REVENUE MARKET SHARE BY SEGMENTS 2022
Type
Beer 30.45
Packaging Material
Glass Bottle 55.65
By Flavors
Unflavored segment 67.43
5GLOBAL ALCOHOLIC BEVERAGES MARKET REVENUE SHARE
FOR 2022
North America 34.87
6The growing young population, a rise in consumer
demand for premium quality brands, and changing
lifestyles
Drivers
Alcoholic drinks, which are typically viewed as
unhealthy, try to attract health-conscious
consumers with healthier options in recent years
Restraints
7AUTHOR'S PERSPECTIVE
- The Global Alcoholic Beverages Market is
witnessing significant growth in the near future. - In 2023, the Wine segment accounted for
noticeable share of global Alcoholic Beverages
Market and is projected to experience significant
growth in the near future. - The Daily Meals segment is expected to expand at
the significant CAGR retaining position
throughout the forecast period.
8KEY PLAYERS
9For Full Report
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