in

Alcoholic Beverages Market – Opportunities & Forecast, 2020-2027

The global alcoholic beverages market report, published by GMI Research, provides extensive insight and analysis of the global alcoholic beverages market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global alcoholic beverages market. The research report also studies the competitive environment of the alcoholic beverages market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the Global Alcoholic Beverages Market

The leading players in the Global Alcoholic Beverages market are Heineken Holding N.V, United Spirits Ltd., Heineken Holding N.V., Bacardi Limited, Pernod Ricard SA, Diageo, Anheuser-Busch InBev SA/NV, Molson Coors Brewing Company, Tazo Alcoholic Beverages Company, and Anheuser-Busch InBev, among others.

Key Drivers in the Global Alcoholic Beverages Market

The increasing number of alcohol-consuming population and high disposable income are the key drivers boosting the growth of the alcoholic beverages market size. Additionally, alcoholic drinks are widely used for medicinal purposes, such as to reduce anxiety if taken in the prescribed dosage. This factor will further surge the demand of the global alcoholic beverages market over the coming years. For example, if consumed in a prescribed dose, beer helps in enhancing bone health, improves cholesterol, and reduces the risk of heart diseases.

On the other end of the spectrum, the emergence of the COVID-19 pandemic has adversely impacted the sales of alcoholic beverages. The strict lockdown and the temporary shutdown of liquor shops, bars, and restaurants are the major reasons responsible for the decline in the sales of alcohol around the world. In addition to this, the high cost and health risks associated with the high dosage of alcoholic drinks are likely to restrain the growth of the market. Furthermore, the growing penetration of substitute drinks such as tea, coffee, fruit juices, and soft drinks will hamper the growth of the market. However, the market is projected to bounce back in 2021 while growing at a significant rate from 2022 onwards.

Market Segmentation

Global Alcoholic Beverages Market by Type:

  • Beer

o   Ale

o   Lager

o   Hybrid

  • Wine

o   Sparkling Wine

o   Fortified Wine

  • Distilled Spirit

o   Brandy

o   Whisky

o   Rum

  • Others

Global Alcoholic Beverages Market by Point of Sale:

  • Online
  • Retail Stores
  • Supermarkets
  • Liquor Stores
  • Others

Global Alcoholic Beverages Market by Region:

  • North America

o   United States of America

o   Canada

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Report

What do you think?

Expert

Written by Sophia Jonson

Content AuthorYears Of Membership

Leave a Reply