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Alcoholic Drinks Market Size

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Report ID: 6230
Published Date: Nov 15, 2024
Report Format: PDF, PPT

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Alcoholic Drinks Market Size

Alcoholic Drinks Market size was valued at USD 1.79 trillion in 2024 and is set to exceed USD 6.33 trillion by 2037, expanding at over 10.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of alcoholic drinks is evaluated at USD 1.94 trillion.

The alcoholic drinks market is led by an increase in the inclination to consume alcoholic beverages among the younger population. According to The National Survey on Drug Use and Health (NSDUH) for 2022 states that 17.5 million young adults (50.2% of this age group) reported drinking alcohol.

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Alcoholic Drinks Market Share | Global Forecast Report 2037

Author Credits: Parul Atri

Report ID: 6230
Published Date: Nov 15, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of alcoholic drinks is evaluated at USD 1.94 trillion.

The alcoholic drinks market size was valued at USD 1.79 trillion in 2024 and is set to exceed USD 6.33 trillion by 2037, expanding at over 10.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by increase in the inclination to consume alcoholic beverages among the younger population.

Asia Pacific industry is likely to hold largest revenue share of 47% by 2037, influenced by growing demand for premium alcohol among the population in the region.

The major players in the market are Bracadi Limited, Brown Forman Corporation, Carlsberg A/S, Constellation Brands, Inc., Diageo plc, Heineken N.V., Pernod Ricard SA, Beam Suntory Inc., Molson Coors Brewing Co., AnheuserÃ¢â‚¬â€œBusch InBev SA/NV, and others.

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