Learn about the global alcoholic beverages market through The Business Research Company, which provides information on alcoholic beverages market size, alcoholic beverages market drivers and restraints, alcoholic beverages market players, the COVID-19 impact on the alcoholic beverages market, and more.

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The global alcoholic beverages market is expected to grow from $499.74 billion in 2020 to $546.15 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The alcoholic beverages market is expected to reach $735.83 billion in 2025 at a CAGR of 8%.

The companies in alcoholic beverages market are expected to benefit from rising demand for alcoholic beverages products due to rising population, during the forecast period.

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The alcoholic beverages market consists of sales of alcoholic beverages by entities (organizations, sole traders and partnerships) that produce alcoholic beverages through the fermentation process and that produce distilled alcoholic beverages. The companies in the alcoholic beverages industry process raw materials into alcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments.

Global alcoholic beverages market segments include:

By Type: Beer, Wine And Brandy, Spirits

By Distribution Channel: Off-Trade Channels, On-Trade Channels

By Category: Mass, Premium

Subsegments Covered: Ales, Lagers, Stouts & Porters, Malts, Wine, Brandy, Whiskey, Vodka, Rum, Tequila, Gin, Other Spirits

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global alcoholic beverages market, accounting for 42% of the market in 2020.

Alcoholic beverage manufacturers are now offering ready-to-mix hybrid beverages to cater to changing consumer tastes and preferences. Hybrid beverages are a blend of alcoholic drinks from multiple beverage categories. They are prepared by using unique flavor combinations, ingredients and production methods from multiple drinks.

TBRC’s alcoholic beverages market report covers:

Major Market Players: Anheuser Busch InBev, Heineken, Diageo, Carlsberg Group, Pernod Ricard.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Alcoholic Beverages Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides alcoholic beverages market overviews, analyses and forecasts market size, share, alcoholic beverages market players, alcoholic beverages market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s alcoholic beverages market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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