Product ID: UCMIG30F2014
Alcoholic Drinks Market Size, Share, Growth Analysis, By Type(Beer, Spirits), By Distribution Channel(Pub, Bars & Restaurants), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031
Report ID:
UCMIG30F2014 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Alcoholic Drinks Market Insights
Market Overview:
The worldwide alcoholic drinks market was valued at USD 1,448.2 billion in 2021, and it is expected to increase at a CAGR of 10.3% from 2022 to 2028. The expansion can be attributed to the increased consumption of premium beer in developed countries like the U.S. and the U.K. The rising demand for various alcoholic beverages like beer, wine, and dark spirits is also contributing to the growth of the market.
Alcoholic Drinks Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Distillers & Vintners by segment aggregation, the contribution of the Distillers & Vintners in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Alcoholic Drinks Market Report Snapshots
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