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The rising demand for ready-to-eat food and beverages are expected to drive innovation in canned alcoholic beverages manufacturing, thus driving the market during the forecast period.

The global canned alcoholic beverages market is expected to grow from $6.29 billion in 2022 to $7.14 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The canned alcoholic beverages market size is expected to grow to $12.05 billion in 2027 at a CAGR of 14.0%.

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Global Canned Alcoholic Beverages Market Segments Include:

• By Product: Wine, RTD Cocktails, Hard Seltzers
• By Alcoholic Content: High, Medium, Low
• By Distribution Channel: On-Trade, Liquor Stores, Online, Other Distribution Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global canned alcoholic beverages market in 2021.

Major Market Players in the canned alcoholic beverages market include Bacardi Limited, Diageo plc, Brown-Forman Corporation, AB InBev, Treasury Wine Estates, Union Wine Company, E. & J. Gallo Winery.

Strategic partnerships and collaborations are key trends gaining popularity in the canned alcoholic beverages market. The canned alcoholic beverages manufacturers are strategically partnering and collaborating to broaden products and services. For instance, in January 2021, Diageo, a UK-based beverage company that produces canned alcoholic beverages and other leading wine, beer, and spirits producers formed a global partnership with 12 prominent e-commerce, online retailers, and delivery platforms to establish the online sale of alcohol. Also, in November 2021, Bacardi, a spirit company based in Bermuda, a British island territory partnered with Thirstie, a US-based technology company that connects beverage alcohol brands with consumers to bring Bacardi e-gift cards to the market featuring its portfolio of premium spirit brands.

The Canned Alcoholic Beverages Global Market Report 2023  provides a canned alcoholic beverages market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The canned alcoholic beverages market forecast analyzes canned alcoholic beverages market size, canned alcoholic beverages market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The canned alcoholic beverages is a premixed drink packed in a metal can. Breweries ferment barley, wheat, and other grains to produce beer, while wineries ferment grapes to make wine. The alcohol (ethanol or ethyl alcohol) in canned alcoholic beverages is the ingredient that causes drunkenness.

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