The Alcoholic Drinks market report from Consumer Market Insights includes all alcoholic beverages that are produced by fermentation or distillation. The Alcoholic Drinks market includes Beer (Alcoholic & Non-Alcoholic Beer), Spirits (Whisky, Vodka, Rum, Gin, Brandy, Tequila, Soju, and Liqueurs & Other Spirits), Wine (Still Wine, Sparkling Wine, Fortified Wine), Cider, Perry & Rice Wine, and Hard Seltzer.
Key players include Anheuser-Busch InBev, Heineken, Diageo, Suntory, and Kweichou Moutai.
This report gives an overview of the Alcoholic Drinks market from an international perspective. The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
Data covers the at-home, the out-of-home, and the combined market. At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.
Revenue is expected to increase from US$ 1613.8 billion in 2023 to US$ 1942.7 billion in 2029 with a CAGR of 2.00%.
The Alcoholic Drinks market is characterized by saturated volume sales in many industrialized markets with Alcoholic Drinks volume stagnating. However, Alcoholic Drinks companies have tackled decreasing or stagnating volumes with premiumization strategies, with marketing and advertisements investments, as well as investing into premium beverages.
Note: CAGR: Compound Annual Growth Rate / average growth rate per year
