Wine Market Size Worth $685.99 Billion By 2028 | CAGR: 6.4%: Grand View Research, Inc.
SAN FRANCISCO, May 11, 2021 /PRNewswire/ The global wine market size is expected
to reach USD 685.99 billion by 2028, according to a new report by Grand View Research, Inc. It is expected
to expand at a CAGR of 6.4% from 2021 to 2028. The growing preference for wines among all age groups instead of hard spirits across the world is expected to be a major factor contributing to the growth of the market. In addition to this, growing party culture with higher demand for low alcoholic beverages is anticipated to fuel the market growth over the forecast period.
RTD Alcoholic Beverages Market Growth Prospectus 2020-27 Opportunity and Demand
iCrowd Newswire
06 May 2021, 10:08 GMT+10
RTD Alcoholic Beverages Market Report provides the in-depth Analysis of Market Influence Factors, Restraints, Trends, Growth Drivers and Opportunities till 2027, This Report can used to predict the future of that Market Players. And also this report helps to face any challenges and take advantage of lucrative prospects available in the Global RTD Alcoholic Beverages Industry.
The global RTD alcoholic beverages market accounted for US$ 26,447.9 Mn in 2018 and is expected to grow at a CAGR of 4.6% during the forecast period 2019 - 2027, to account for US$ 39,428.9 Mn by 2027.
Friday, 30 April 2021, 9:06 am | Asahi Kiwi premium fresh coffee business Allpress is set to continue its global
expansion after being purchased by Oceania’s leading beverages company Asahi Beverages.
The move will accelerate the growth of the homegrown success story, which will remain . More
Monday, 20 May 2019, 4:13 pm | Asahi
Set to disrupt the Auckland dining scene, Chef Yukio Ozeki from Azabu is collaborating
with one of Auckland’s most innovative eateries, Culprit at Asahi’s pop-up restaurant
AKAI DOA. Taking place for a limited time only, diners can experience a unique menu . More
Tuesday, 10 February 2015, 11:18 am | Asahi Paintings set to music? Or is that musically scored art? However you look at it,
Based on segmentation by product, which is the leading segment in the market?
Based on the product, the market saw maximum growth in the India pale ale segment in 2019.
What are the major trends in the market?
The rising population of millennials worldwide is the major trend in the market.
At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 13% during the forecast period.
Who are the top players in the market?
Anheuser-Busch InBev SA/NV, Asahi Group Holdings Ltd., Carlsberg Breweries AS, D.G. Yuengling & Son Inc., Diageo Plc, Duvel Moortgat NV, Heineken NV, Kirin Holdings Company Ltd., New Belgium Brewing Co., and The Boston Beer Co. Inc. are the major players in the market.
Global $623 Bn Beer Market to 2026 by Type, Packaging, Production, Alcoholic Content, Flavor, Distribution Channel
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The global beer market reached a value of US$ 623.2 Billion in 2020.
The alcohol content in beer generally ranges from less than 3% to 40% by volume (ABV), depending on the style and recipe of the formulation. If consumed in moderation, beer is known to prevent diseases related to the heart and circulatory system, including atherosclerosis, angina, stroke and heart attack.
With a rise in the number of social drinkers, particularly in Asian and African countries, on account of improving economic scenario and growing middle-class population, the demand for beer has increased. Alcohol-free and low alcohol beer have also gained popularity, especially among young consumers trying to make positive lifestyle choices and manage their alcohol intake. Beer manufacturing companies are