Global Alcoholic beverage Market Forecast from 2021-2031: Market Segment by Product Type (Beer, Wine, Spirit, Others), Market Segment by Distribution Channel (Supermarket/Hypermarkets, On-trade, Specialist Retailers, Convenience Stores), Plus analysis of leading regional/national markets and leading companies in the market. COVID-19 Impact Recovery Analysis (V-shaped recovery, W-shaped recovery, U-shaped recovery, L-shaped recovery)
Global Alcoholic beverage Market Outlook
According to Visiongain analysis, the Global Alcoholic Beverage Market was valued at US$ 1,219.1 billion in 2020. The global market is expected to reach US$ 1,486.9 billion in 2026 from its previous value of US$ 1,249.8 billion in 2021. Visiongain further anticipates that the worldwide Alcoholic beverage market will reach US$ 1,807.8 billion in 2031.
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Expanding e-commerce industry for alcoholic beverages in emerging countries
The ongoing COVID-19 pandemic led to pushing of e-commerce in several markets globally. As the pandemic started people were forced to remain at their homes during the lockdown. According to IWSR Drinks Market Analysis, E-commerce increased to 2-4% of total grocery. Emerging countries such as India has adopted the move to e-commerce alcoholic beverages. Additionally, many companies are promoting their brand via social media which has resulted in augmenting the market growth of alcoholic beverages globally.
COVID-19 Impact Analysis on Alcoholic beverage Market
The COVID-19 pandemic has had a negative influence on the global market for Alcoholic beverage. This pandemic has impeded the manufacture and delivery of Alcoholic beverage because of the COVID-19 outbreak, which has resulted in stringent border controls, stock market instability, and country-wide lockdowns. Companies are concerned about the COVID-19 epidemic’s supply and demand mismatches. All these changes are having a detrimental impact on the market for Alcoholic beverage, leading industry and regulators to rethink supply chains.
Key Questions Answered by this Report:
- What is the current size of the overall global Alcoholic beverage market? How much will this market be worth from 2021 to 2031?
- What are the main drivers and restraints that will shape the overall Alcoholic beverage market over the next ten years?
- What are the main segments within the overall Alcoholic beverage market?
- How much will each of these segments be worth for the period 2021 to 2031?
- How will the composition of the market change during that time, and why?
- What factors will affect that industry and market over the next ten years?
- What are the largest national markets for the world Alcoholic beverage?
- What is their status and how will they develop over the next ten years?
- What are their revenue potentials to 2031?
- How will market shares of the leading national markets change by 2031, and which geographical region will lead the market in 2031?
- Who are the leading companies and what are their activities, results, developments, and prospects
- What are some of the most prominent Alcoholic beverage currently in development
- What are the main trends that will affect the world Alcoholic beverage market between 2021 and 2031?
- What are the main strengths, weaknesses, opportunities, and threats for the market?
- What are the social, technological, economic, and political influences that will shape that industry over the next ten years?
- How will the global Alcoholic beverage market evolve over the forecasted period, 2021 to 2031?
- What will be the main commercial drivers for the market from 2021 to 2031?
- How will market shares of prominent national markets change from 2021, and which countries will lead the market in 2031, achieving the highest revenues and fastest growth?
- How will that industry evolve between 2021 and 2031, especially in R&D?
Discover sales predictions for the global Alcoholic beverage market and submarkets.
Along with revenue prediction for the overall world market, there are 2 segmentations of the Alcoholic beverage market, with forecasts for Product Types, Distribution Channel each forecasted at a global, regional, and country level, along with COVID-19 impact recovery pattern analysis for all segments.
Who are the leading players analyzed in the market?
- Anheuser Busch Inbev NV
- HEINEKEN HOLDING NV
- Beam Suntory, Inc.
- Molson Coors Brewing Company
- Pernod Ricard SA
- Diassgeo plc
- Bacardi Limited
- Thai Beverage Plc.
- Brown-Forman Corporation
- Constellation Brands Inc.
- The wine group
- Accolade Wines
- Halewood Wines & Spirits
- Craft Brew Alliance Inc.
- Bundaberg Brewed Drinks
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