The alcoholic beverages industry includes establishments that manufacture alcoholic beverages through the fermentation process and that produce distilled alcoholic beverages.
Alcoholic beverages market in this report is segmented into breweries, wineries, distilleries.
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The global alcoholic beverages market has been growing in the past years with a CAGR of almost 7%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the global alcoholic beverages market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
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Alcoholic beverage manufacturers are now offering ready-to-mix hybrid beverages to cater to changing consumer tastes and preferences. Hybrid beverages are a blend of alcoholic drinks from multiple beverage categories. They are prepared by using unique flavor combinations, ingredients and production methods from multiple drinks. For example, producing spirits or beers in a wine barrel, to give them a distinct taste. Hybrid beverages are particularly evident in the spirit category, with products such as beer mixed with rum and tea mixed with vodka. Some of the popular hybrid beverages in the market include Malibu Red (rum and tequila), Kahlua Midnight (rum and Kahlua) and Absolut Tune (vodka and sparkling wine).
Companies included in the report are Anheuser Busch InBev, Heineken, Diageo, Carlsberg Group, Pernod Ricard, Beam-Suntory, Molson Coors Brewing Co, China Resource Enterprise, Thai Beverage Public Co., Ltd, and Constellation Brands.
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