Global Alcoholic Beverages Market

The GMI Research as per the alcoholic beverages market analysis foresees that the will experience a surge in demand over the forecast period. This is because of the mounting demand for exclusive items, accelerating per capita income, and the enlargement by leading market players.

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Key Players of Market:

• Tsingtao Brewery Co Ltd.
• The Wine Group
• Remy Cointreau
• Carlsberg Breweries A/S
• Treasury Wine Estates
• Asahi Group Holding Ltd.
• Thai Beverage Public Co., Ltd.
• China Resources beer (Holdings) Company Limited
• Brown-Forman
• Accolade Wines

Alcoholic Beverages Market Dynamics

The factors paving the way for the growth of the global alcoholic beverages market include their strong demand, especially by the young population, and the aggravating demand for finer and elegant products by consumers. Moreover, leading manufacturers are progressively concentrating on the imitation of novel and modernized products to cater to the differentiated demand of individuals. In addition, the establishment of counterfeit products such as the drinks procure from honey is attracting various consumers to the market.

Besides this, the increasing emphasis on quality rather than prices is supplementing the alcoholic beverages market size. However, the outbreak of the coronavirus has skeptically impacted market sales. The stringent lockdown norms and the transitory termination of restaurants and liquor shops minimized the supply of alcohol. Nonetheless, the market is speculated to bounce back in 2021 with encountering notable growth from 2022.

Alcoholic Beverages Market Segmentation:

Segmentation by Type

• Beer
• Ale
• Lager
• Hybrid
• Distilled Spirits
• Rum
• Whiskey
• Vodka
• Others
• Wine
• Sparkling
• Fortified
• Others
• Others

Segmentation by Distribution Channel

• On-Premises
• Liquor Stores
• Grocery Shops
• Internet Retailing
• Supermarkets
• Convenience Stores

Segmentation by Region:

• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• RoW
  • UAE
  • Brazil
  • South Africa
  • Saudi Arabia

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