Canned alcoholic beverages are ready-to-consume drinks that don’t require any mixing. They are popular among consumers due to their ease of transport and portability. Moreover, they offer the same taste as alcoholic beverages served in glass bottles.
Market Dynamics:
The global canned alcoholic beverages market is expected to grow at a significant rate during the forecast period, owing to the growing consumption of alcohol. Moreover, rising demand for alcoholic beverages in convenient packaging formats such as cans is again expected to fuel market growth. The key producers are focusing on improving their product offerings by investing in innovation and introducing new products. In addition, they are enhancing the product’s shelf life by optimizing the production processes and using innovative preservation techniques which is again fueling market growth.
However, growing demand for canned non-alcoholic beverage is expected to hamper the market growth.
Key features of the study:
- This report provides in-depth analysis of the global canned alcoholic beverages market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global canned alcoholic beverages market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Diageo plc, Brown-Forman, Pernod Ricard, Bacardi Limited, Suntory Holdings Limited, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, E. & J. Gallo Winery, Constellation Brands, Inc., Treasury Wine Estates, Barefoot Cellars, and Kona Brewing Co.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global canned alcoholic beverages market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global canned alcoholic beverages market
Detailed Segmentation:
- Global Canned Alcoholic Beverages Market, By Product
- Wine
- Still
- Fortified
- Low-alcohol
- Sparkling
- RTD Cocktails
- Malt based
- Spirit based
- Wine based
- Hard Seltzers
- Malt based
- Spirit based
- Wine based
- Sugar based
- Global Canned Alcoholic Beverages Market, By Distribution Channel
- On-trade
- Liquor Stores
- Online
- Others
- Global Canned Alcoholic Beverages Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Diageo plc
- Brown-Forman
- Pernod Ricard
- Bacardi Limited
- Suntory Holdings Limited
- Asahi Group Holdings, Ltd.
- Anheuser-Busch InBev
- E & J. Gallo Winery
- Constellation Brands, Inc.
- Treasury Wine Estates
- Barefoot Cellars
- Kona Brewing Co.