According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Alcoholic Beverages Market - Industry Trends and Forecast to 2027 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Alcoholic Beverages Market Analysis and Size

The Global Alcoholic Beverages Market is projected to grow at around 3.2% CAGR during the forecast period, i.e., 2022-27.

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Some of the major players operating in the Alcoholic Beverages Market are Anheuser-Busch InBev, Asahi Group Holdings Ltd., Bacardi Limited, Boston Beer Company Inc., Carlsberg Group, Constellation Brands Inc., Diageo PLC., Heineken Holding NV, Molson Coors Brewing Company, Suntory Beverage & Food Limited.

Alcoholic Beverages Market Growth Driver:

The gradually improving purchase power of people, especially across regions like Asia-Pacific & South America, is leading to the burgeoning popularity & sales of alcoholic beverages like beer, which, in turn, is driving the Global Alcoholic Beverages Market. Besides, the rising influence of western culture on people across different countries in these regions is another prominent factor augmenting the demand for alcoholic beverages and stimulating the overall market growth.

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Market Segment and Geographical Analysis

By Product Type

• Beer (Based on Alcohol Percentage)
  • Less than 8%
  • More than 8%
  • Others
• Spirits
  • Rum
  • Vodka
  • Whiskey
  • Others (Gin, Brandy, Tequila, etc.)
• Wines

By Distribution Channel

• On-Trade
  • Bars & Restaurants
  • Nightclubs
  • Hotels
  • Others
• Off-Trade
  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Others

By Packaging

• Bottles
• Tin Cans
• Others

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

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