Alcoholic Beverages Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

The Global Alcoholic Beverages Market is Segmented by Product Type (Beer, Wines, Spirits, and Other Product Types), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Sizes and Forecast of Alcoholic Beverages in Value (USD Million) for the Above Segments.

Alcoholic Beverages Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

Alcoholic Beverages Market Size

Alcoholic Beverages Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 3.40 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Alcoholic Beverages Market  Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Alcoholic Beverages Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Alcoholic Beverages Market Analysis

The Alcoholic Beverages Market is expected to register a CAGR of 3.4% during the forecast period.

The alcoholic beverages market is expected to register a CAGR of 3.4% during the forecast period.

The global alcoholic beverages market is growing due to the increasing youth population, rising middle-class income, and a strong economy. The rising consumer demand for new variants, in the case of alcohol, has created a revolution in craft beer formulation. Many breweries have chosen to develop newer product varieties with the required characteristics, thereby formulating mild-lager beer for consumers. To cater to the upsurge in market demand, the production of craft beer in different global and regional breweries has increased significantly. For instance, according to the US Brewers Association, in 2021, 65.7% of craft beer production in the United States took place in regional breweries. The increase in the number of microbreweries has also increased the production of craft beer in the market. In 2021, 18.4% of craft beer in the United States was crafted in local microbreweries.

The market is likely to be driven by the increasing global young-adult demographic, coupled with high disposable income and consumer demand for premium/super-premium products. Globally, beer drives the market for alcoholic beverages. Regionally, North America and Asia-Pacific are expected to dominate the market during the forecast period. In the market studied, growth in online retailing has been observed. In the past few years, Drizly, an alcohol e-commerce platform, experienced revenue growth in online alcohol delivery.

During the COVID-19 outbreak, the alcoholic beverages market was severely impacted by the closure of specialty shops, bars, pubs, and restaurants. During mid-2020, the easing of lockdown measures led retailers to gain confidence. At the same time, a steep increase in prices was observed in some countries, mostly due to government regulations and taxes, thus minimally affecting the market studied. For instance, on March 24, 2020, Pernod Ricard revised its outlook for the current fiscal year and expected its profit margins to decline by nearly 20%, mainly due to the spread of COVID-19. Companies also witnessed a surge in their off-premise sales compared to on-premise sales. For instance, Constellations Brands saw a 30% rise in its beer volume in the US off-premise channel in February 2020, as the customers avoided on-premise to stem the spread of COVID-19. The demand for hard drinks, such as whiskey and gin, grew during the pandemic, while beer witnessed volume growth. In-house consumption, along with the stocking of brands, has been one of the driving factors of the market to sustain during the pandemic.

Alcoholic Beverages Industry Overview

The market is highly competitive, and major players account for significant shares in the market. Some of the largest market players in the alcoholic beverages market are Diageo, Anheuser-Busch InBev, Heineken Holding NV, Bacardi Limited, and Constellation Brands. The players in the alcoholic beverages market use various strategies in order to increase their sales. These strategies include mergers and acquisitions, partnerships, and product innovations. For instance, in June 2021, Diageo India announced its debut in craft whisky with United's Epitome Reserve. Epitome Reserve is a small-batch, artisanal craft, 100% rice whisky. This limited edition whisky was only released in a batch of 2,000 numbered bottles.

Alcoholic Beverages Market Leaders

  1. Anheuser-Busch InBev

  2. Heineken Holding NV

  3. Diageo

  4. Bacardi Limited

  5. Constellation Brands Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Alcoholic Beverages Market  Concentration
Need More Details on Market Players and Competiters?
Download PDF

Alcoholic Beverages Market News

  • November 2022: Diageo acquired Balcones Distilling (often known as "Balcones"), a Texas craft distiller and one of the leading manufacturers of American Single Malt Whisky in the United States.
  • October 2022: Bacardi launched an Indian-made whiskey named Legacy. Bacardi intends to create a discount pricing category for its customers through Legacy in order to further strengthen its expansion plan in India.
  • March 2022: Constellation Brands Inc., a leading beverage alcohol company, entered a brand authorization agreement with The Coca-Cola Company in the United States to bring the FRESCA brand into the alcohol beverages category.

Alcoholic Beverages Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Beer
    • 5.1.1.1 Ale
    • 5.1.1.2 Lager
    • 5.1.1.3 Hybrid
    • 5.1.2 Spirits
    • 5.1.2.1 Rum
    • 5.1.2.2 Vodka
    • 5.1.2.3 Whiskey
    • 5.1.2.4 Other Spirits
    • 5.1.3 Wines
    • 5.1.4 Other Product Types
  • 5.2 By Distribution Channel
    • 5.2.1 On-trade
    • 5.2.2 Off -trade
    • 5.2.2.1 Supemarkets/Hypermarkets
    • 5.2.2.2 Specialist Stores
    • 5.2.2.3 Online Stores
    • 5.2.2.4 Other Off-trade Channels
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 United Kingdom
    • 5.3.2.2 Germany
    • 5.3.2.3 Spain
    • 5.3.2.4 France
    • 5.3.2.5 Italy
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Most Adopted Strategies
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 Diageo PLC
    • 6.4.2 Bacardi Limited
    • 6.4.3 Constellation Brands Inc.
    • 6.4.4 Anheuser-Busch InBev
    • 6.4.5 Heineken Holding NV
    • 6.4.6 Molson Coors Brewing Company
    • 6.4.7 Boston Beer Company Inc.
    • 6.4.8 Asahi Group Holdings Ltd
    • 6.4.9 Carlsberg Group
    • 6.4.10 Suntory Beverage & Food Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. IMPACT OF COVID-19 ON THE MARKET

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Alcoholic Beverages Industry Segmentation

Alcoholic beverages comprise a large group of beverages containing varying amounts of alcohol (ethanol). 

The market for alcoholic beverages is segmented by product type, distribution channel, and geography. Based on product type, the market is segmented by beer, wines, spirits, and other product types. Beer is further segmented by ale, lager, hybrid, and spirits. Based on the distribution channel, the market is segmented by off-trade and on-trade. Under off-trade, the market is further segmented by supermarkets/hypermarkets, specialist stores, online stores, and other off-trade channels. Based on geography, the market is segmented by North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each segment, the market sizing and forecast have been done based on value (in USD million).

By Product Type Beer Ale
Lager
Hybrid
Spirits Rum
Vodka
Whiskey
Other Spirits
Wines
Other Product Types
By Distribution Channel On-trade
Off -trade Supemarkets/Hypermarkets
Specialist Stores
Online Stores
Other Off-trade Channels
By Geography North America United States
Canada
Mexico
Rest of North America
Europe United Kingdom
Germany
Spain
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa United Arab Emirates
South Africa
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Alcoholic Beverages Market Research FAQs

What is the current Alcoholic Beverages Market size?

The Alcoholic Beverages Market is projected to register a CAGR of 3.40% during the forecast period (2025-2030)

Who are the key players in Alcoholic Beverages Market?

Anheuser-Busch InBev, Heineken Holding NV, Diageo, Bacardi Limited and Constellation Brands Inc. are the major companies operating in the Alcoholic Beverages Market.

Which is the fastest growing region in Alcoholic Beverages Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Alcoholic Beverages Market?

In 2025, the North America accounts for the largest market share in Alcoholic Beverages Market.

What years does this Alcoholic Beverages Market cover?

The report covers the Alcoholic Beverages Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Alcoholic Beverages Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Alcoholic Beverages Industry Report

The global alcoholic beverages market is experiencing significant growth, driven by factors such as a burgeoning youth population, rising middle-class income, and a robust economy. This growth is further fueled by the increasing demand for new variants in alcoholic beverages, leading to a revolution in craft beer formulation. Both regional and global breweries are ramping up production to meet this demand. The market is also experiencing a surge in demand for high and primary alcoholic beverages as consumers become more conscious of the negative effects of low alcohol consumption.

The industry analysis reveals that the market segmentation includes product type, alcoholic content, flavor, category, packaging, and distribution channel. The growing consumer preference for hybrid beverages, which blend unique flavor combinations and production methods from various drinks, is also propelling market growth. However, the market faces hurdles such as the side effects associated with alcoholic beverages and a rising consumer inclination towards non-alcoholic beverages.

The market overview indicates that the alcoholic beverages market share, size, and revenue growth rate are provided in the report. The market research includes statistics for the market value, market segmentation, and market trends. The market analysis further delves into the industry trends and industry growth. The industry profile offers insights into the market forecast and market outlook. Additionally, the market report includes industry data and industry statistics.

The industry reports provide a comprehensive market review and market predictions. The report example and report pdf are available for download, offering detailed industry information and industry research. The market data highlights the market leaders and their strategies. The market growth is driven by the increasing demand for innovative products and the expansion of distribution channels.

In conclusion, the industry outlook for the global alcoholic beverages market is positive, with significant growth opportunities. The market forecast suggests continued expansion, supported by robust industry research and market segmentation. The market value is expected to rise, driven by consumer preferences and market trends. The industry sales and market predictions indicate a promising future for the alcoholic beverages market.