Alcoholic Drinks Market will register a CAGR of % during 2020-2024. The market’s growth momentum will Accelerate.
Premiumization of drinks | Advertising regulations | Rise in mergers and acquisitions will be one of the major factors driving the growth of this market. Additionally, key Alcoholic Drinks Market trends such as the will also influence market growth during the forecast period.
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Alcoholic Drinks Market Size
During the forecast period, the Alcoholic Drinks Market size will grow by 18.88 billion L.
Alcoholic Drinks Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Alcoholic Drinks Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Prominence of counterfeit products | Competition from other beverages segment | High taxation will also challenge the growth of the companies.
Anheuser Busch InBev SA/NV | Bacardi Global Brands Ltd. | Beam Suntory Inc. | Carlsberg Group | Constellation Brands Inc. | Diageo Plc | E & J Gallo Winery | Heineken NV | Molson Coors Brewing Co. | Pernod Ricard SA.list
are some of the companies covered in Technavio’s Alcoholic Drinks Market report for 2020-2024.
Alcoholic Drinks Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Alcoholic Drinks Market.
The APAC will account for the largest Alcoholic Drinks Market share and during 2020-2024, the region will contribute to 47% of the market’s growth.
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