According to the recent study the canned alcoholic beverage market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 21% to 23% from 2023 to 2028. Growth in this market is primarily driven by growing demand for ready-to-eat food and beverages, demand for low-content alcohol-based flavoured drinks, and increasing preference of can based packaging by manufacturers as cans are more convenient, portable, and travel-friendly.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in canned alcoholic beverage market by product
(wine, RTD cocktails, and hard seltzers), distribution channel (on-trade,
liquor stores, online, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Download sample report by clicking
on below link
https://www.lucintel.com/canned-alcoholic-beverage-market.aspx
“Wine market is expected to remain the
largest segment during the forecast period.”
Based on product, the
canned alcoholic beverage market is segmented into wine, RTD cocktails, and
hard seltzers. Lucintel forecasts that the wine market is expected to remain the
largest segment due to increasing consumer awareness for eco-friendlier
alternatives to glass and plastic bottles along with the growing preference for
convenient & travel-friendly products. Hard seltzers will remain the
largest product type segment due to increasing demand for carbonated water
based drink, and its low price and easy availability across supermarket and
convenient stores.
“Within the canned alcoholic beverage market, the liquor stores
segment is expected to remain the largest distribution channel.”
Based on distribution
channel the liquor stores segment is expected to witness the highest growth
over the forecast period because these stores are extensive and
well-established distribution channel for canned alcoholic beverage. The global
availability of both premium and private label brands at these stores attracts
the consumers to purchase products through these channels, and liquor stores
provides enhanced in-store experience along with wider availability of
products.
“North America will dominate the canned alcoholic beverage market
in near future.”
North America will
remain the largest market over the forecast period due to its highest per
capita alcohol expenditure and availability of alcoholic beverages in
attractive packaging styles.
Download Brochure of this report by clicking on https://www.lucintel.com/canned-alcoholic-beverage-market.aspx.
Major players of canned
alcoholic beverage market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Bacardi
Limited, Diageo, Brown-Forman, Union Wine Company, E. & J. Gallo Winery,
Asahi Group Holdings, Ltd., Pernod Ricard, Sula Vineyards, Kona Brewing Co.,
and Suntory Holdings Limited are among the major canned alcoholic beverage
providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/canned-alcoholic-beverage-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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