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Description
Alcoholic Beverages Market Size was valued at US$ 410 Billion in 2020 and is projected to reach US$ 744.70 Billion by 2027 at a CAGR of 8.9% during the forecast period 2021 to 2027. Alcoholic beverages are fermented liquor with ethyl alcohol (alcohol) content in it. Alcoholic beverages are derived through the fermentation process. The ethanol or the ethyl alcohol is produced by the natural procedure in which the yeast converts sugar contained in the fruits, sugar-cane, and grains. Alcoholic beverages contain ethanol or ethyl alcohol in varied amount. These beverages are of three classes which include beer, wine, and spirit. Alcoholic Beverages Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Mn) of product type (beer, distilled spirits, and wine), by distribution channel (supermarkets, hypermarkets, retailers, and others) and geographic regions. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply.
