Global Drinking Places (Alcoholic Beverages) Market

What Are The 5 Takeaways From The Drinking Places (Alcoholic Beverages) Market Overview 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Drinking Places (Alcoholic Beverages) Global Market Report 2024 offers crucial insights into the drinking places (alcoholic beverages) market help businesses analyse and build stronger strategies.


  • Alcohol Consumption Growth: Increasing alcohol consumption is a significant factor in the expansion of drinking places (alcoholic beverages) market.
  • Social Environment: Pubs and bars provide a safe and positive social environment, fostering increased alcohol consumption.
  • Global Beer Consumption: In 2021, global beer consumption rose by 4.0%, indicating a rising trend in alcohol consumption worldwide.
  • Market Players: Major companies in the market include Boadas Cocktails, Kings Head Pub, Diageo PLC, and many others.

Drinking Places Market Elevates Customer Experience With Age Verification Technology

  • Technological Innovation: Companies are leveraging age verification technology to enhance customer experience and gain a competitive edge.
  • Amazon One: Amazon launched Amazon One, a palm-reading payment system, for age verification in drinking places.
  • Reduced Friction: This technology simplifies the age verification process, reducing friction for customers while ensuring compliance with legal regulations.

Read The Full Drinking Places (Alcoholic Beverages) Market Report Here:

Bira 91 Acquires The Beer Cafe To Strengthen Presence And D2C Platform

  • Strategic Acquisition: Bira 91, an Indian craft beer brand, acquired The Beer Cafe to bolster its presence in bars and taprooms.
  • D2C Platform: The acquisition aims to establish India’s first significant Direct-to-Consumer platform dedicated to beer.
  • Market Segmentation: The drinking places (alcoholic beverages) market is segmented by product (beverages, foods) and application (men, women).
  • Market Leadership: Europe emerged as the largest region in the drinking places (alcoholic beverages) market in 2023.

Conclusion: Embracing Trends for Future Growth
The drinking places (alcoholic beverages) market has witnessed robust growth in recent years, with promising projections for the future. Key drivers include increasing alcohol consumption, technological innovations like age verification technology, and strategic acquisitions to strengthen market presence and explore new avenues such as direct-to-consumer platforms. To capitalize on these trends, businesses must adapt their offerings, enhance customer experiences, and stay abreast of evolving consumer preferences. As the market continues to evolve, opportunities abound for those who can innovate and meet the changing demands of consumers.

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The Drinking Places (Alcoholic Beverages) Global Market Report 2024  provides a comprehensive outlook of the drinking places (alcoholic beverages) market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The drinking places (alcoholic beverages) market forecast offers a thorough analysis on drinking places (alcoholic beverages) market size, drinking places (alcoholic beverages) market share, prominent players and their strategies.

The Table Of Content For The Drinking Places (Alcoholic Beverages) Market Include:

1. Drinking Places (Alcoholic Beverages) Market Executive Summary
2. Drinking Places (Alcoholic Beverages) Market Segments
3. Drinking Places (Alcoholic Beverages) Market Size And Drinking Places (Alcoholic Beverages) Market Growth Rate
4. Key Drinking Places (Alcoholic Beverages) Market Trends
5. Major Drinking Places (Alcoholic Beverages) Market Drivers
25. Key Mergers And Acquisitions In The Drinking Places (Alcoholic Beverages) Market
26. Top Drinking Places (Alcoholic Beverages) Companies
27. Drinking Places (Alcoholic Beverages) Market Opportunities And Strategies
28. Drinking Places (Alcoholic Beverages) Market, Conclusions And Recommendations
29. Appendix

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