Global Alcoholic Beverages Market Information
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Global Alcoholic Beverages Market Information
Global Alcoholic Beverages Market Information- by Type (Beer, Distilled Spirits, Wine and others), by Distribution Channel (Store Based, Non Store Based) and Region - Forecast to 2023 Key Players:
The key players profiled in the alcoholic beverages market are Anheuser Busch InBev. (Belgium), Carlsberg Group (Denmark), Accolade Wines (Australia), Beam-Suntory (U.S.), Constellation Brands (U.S.), Diageo Plc (U.K.), Heineken Holding Nv (Netherland).
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Global Alcoholic Beverages Market Information
Increasing disposable income, coupled with rising standards of living, is expected to boost the sales of alcoholic beverages in the upcoming years. The study circulated by Market Research Future (MRFR) highlights that the Covid-19 Analysis on Alcoholic Beverages Market is projected to expand at a moderate CAGR over the assessment period 2020 to 2023. Intake of alcoholic beverages has become a status symbol in the recent years. The rise in the middle-income population is expected to aid the growth of the alcoholic beverages market over the next few years. However, the adverse effects of alcohol addiction and the diseases associated with alcohol consumption are anticipated to check the growth pace of the alcoholic beverages market in the forthcoming years.
Regional Analysis:
The geographical evaluation of the global alcoholic beverages market spans across North America, Europe, Asia Pacific, and Rest of the World (ROW). Europe is likely to dominate the global market over the next couple of years. The region is well known for its wine, and an increase in consumption levels is projected over the next few years. This, in turn, is poised to enable the growth of the regional alcoholic beverages market across the projection period. Asia Pacific is prognosticated to strike the highest CAGR during the review period. Increasing disposable income is expected to support market growth in the region.
Segmentation Different segments of the global alcoholic beverages market, on the basis of type, include distilled spirits, beer, wine, and others. The distilled spirits segment is further sub-segmented into whiskey, rum, vodka, and others. Sparkling and fortified are the subsegments of the wine segment. The distilled spirits segment is presently leading the growth of the market and is likely to maintain its forefront position over the next couple of years.
Intended Audience Alcoholic beverages manufacturers Raw material suppliers End users (food industry) Retailers and wholesalers E-commerce companies Traders, importers and exporters
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Copyright Š 2017 Market Research Future.
Global Alcoholic Beverages Market Information
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Copyright Š 2017 Market Research Future.