The Global Alcoholic beverages market is accounted for $1324.1 billion in 2017 and is expected to reach $1864.2 billion by 2026 growing at a CAGR of 3.9% during the forecast period

LONDON, July 18, 2018 /PRNewswire/ -- According to Stratistics MRC, the Global Alcoholic beverages market is accounted for $1324.1 billion in 2017 and is expected to reach $1864.2 billion by 2026 growing at a CAGR of 3.9% during the forecast period. High growth in emerging economies, high disposable income, rising spending to explore new entertainment options and the demand for alcoholic drinks are some of the factors propelling the market growth. However, factors such as growing demand for non-alcoholic beverages like energy drink and high cost of premium/super premium products are hindering the market growth.

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Alcoholic beverage is a drink having ethanol, generally recognized as alcohol. Alcoholic beverages are devoured across the world. The advantages of devouring alcohol in restricted amount are a decrease in threat of cardiovascular disease, avoidance of cold, whereas having red wine reduces the risk of heart diseases and burns fat. They are fermented from the sugars in grains, berries, fruits, and such other components as tubers, plant saps, milk, and honey. The demand for these alcoholic beverages has altered in the past few years, taking into account the on/off premises consumption trends.

Amongst product, Beer segment held significant market share due to increasing demand for craft beer. Beer is the most consumed alcoholic drink across the globe and contains around of alcohol. By geography, Asia Pacific held largest market share being the global manufacturing hub of the world. India and China are anticipated to observe high demand for alcoholic beverages over the forecast period owing to considerable growth in the disposable income, increasing population, and inclination of young generation towards the western culture. Availability of local spirits such as baijiu in China is propelling the growth of alcoholic beverages in Asia Pacific region.

Some of the key players profiled in the Alcoholic beverages market include United Spirits Ltd, SABMiller ltd., Heineken Holding NV, Constellation brands INC., Anheuser-Busch Inbev SA/NV, Molson Coors Brewing Co, Bacardi Limited, Suntory Holdings Ltd, Pernod Ricard SA, Beam Suntory INC., Diageo Plc., The Wine Group LLC, United Breweries Limited, Halewood International Holdings PLC, Craft Brew Alliance Inc. And Asahi group holdings ltd.

Products Covered:
• Wine
• Distilled Spirits
• Beer
• Other Products

Distribution Channels Covered:
• Retailers
• On Premises
• Convenience Stores
• Super market and Hypermarket

Packaging's covered:
• Glass Bottles
• Plastic Bottles
• Tins
• Other Packaging's

Sales Channels Covered:
• Online Retailers
• Convenience Stores
• Specialty Stores
• Modern Trade
• Hotel/Restaurants/Bar
• Commercial
• Other Retailing Formats

Regions Covered:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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