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Global Alcoholic Beverages Market
Global Alcoholic Beverages Market
The GMI Research as per the alcoholic beverages market analysis foresees that the will experience a surge in demand over the forecast period. This is because of the mounting demand for exclusive items, accelerating per capita income, and the enlargement by leading market players.
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Key Players of Market:
· Tsingtao Brewery Co Ltd.
· The Wine Group
· Remy Cointreau
· Carlsberg Breweries A/S
· Treasury Wine Estates
· Asahi Group Holding Ltd.
· Thai Beverage Public Co., Ltd.
· China Resources beer (Holdings) Company Limited
· Brown-Forman
· Accolade Wines
Alcoholic Beverages Market Dynamics
The factors paving the way for the growth of the global alcoholic beverages market include their strong demand, especially by the young population, and the aggravating demand for finer and elegant products by consumers. Moreover, leading manufacturers are progressively concentrating on the imitation of novel and modernized products to cater to the differentiated demand of individuals. In addition, the establishment of counterfeit products such as the drinks procure from honey is attracting various consumers to the market.
Besides this, the increasing emphasis on quality rather than prices is supplementing the alcoholic beverages market size. However, the outbreak of the coronavirus has skeptically impacted market sales. The stringent lockdown norms and the transitory termination of restaurants and liquor shops minimized the supply of alcohol. Nonetheless, the market is speculated to bounce back in 2021 with encountering notable growth from 2022.
Alcoholic Beverages Market Segmentation:
Segmentation by Type
· Beer
o Ale
o Lager
o Hybrid
· Distilled Spirits
o Rum
o Whiskey
o Vodka
o Others
· Wine
o Sparkling
o Fortified
o Others
· Others
Segmentation by Distribution Channel
· On-Premises
· Liquor Stores
· Grocery Shops
· Internet Retailing
· Supermarkets
· Convenience Stores
Segmentation by Region:
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· RoW
o UAE
o Brazil
o South Africa
o Saudi Arabia
About GMI Research
GMI Research organisation imparts business perception and market research to facilitate the clients unravel the influence of several dynamics. The team of industry experts organise market intelligence studies to validate authoritative and genuine research outstretches across different organisations. We assemble appurtenant information to acknowledge our clients with obstacles approaching across different industries.
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