PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1774026
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1774026
Canned Alcoholic Beverages Market Introduction and Overview
According to SPER Market Research, 'Global Canned Alcoholic Beverages Market Size - By Product, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Canned Alcoholic Beverages Market is predicted to reach 174.78 billion by 2034 with a CAGR of 19.39%.
Canned beverages refer to alcoholic drinks that are prepackaged, sealed, and distributed in metal containers. These products offer ease, portability, and an extended shelf life. This extensive category includes beer, wine, cocktails, hard seltzers, and spirits. The canning process shields the drink from oxygen and light, which can compromise its quality over time, thereby maintaining its flavor, carbonation, and alcohol content.
Restraints: The market for canned alcoholic drinks faces several challenges that could influence its rate of growth. One significant issue is the high cost of producing steel and aluminum cans, which tend to be more expensive than plastic options. This financial aspect might limit the participation of smaller manufacturers and affect pricing strategies.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By Distribution Channel
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Anheuser-Busch InBev, Asahi Group Holdings, Ltd., Bacardi Limited, Barefoot Cellars, Brown-Forman, Constellation Brands, Diageo, E. & J. Gallo Winery, Integrated Beverage Group LLC (IBG), Kona Brewing Co.
Global Canned Alcoholic Beverages Market Segmentation:
By Product: Based on the Product, Global Canned Alcoholic Beverages Market is segmented as; Wine, RTD Cocktails, Hard Seltzers.
By Distribution Channel: Based on the Distribution Channel, Global Canned Alcoholic Beverages Market is segmented as; On-trade, Liquor Stores, Online, Other.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.