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BeveragesIndia Alcoholic Beverages Market 2024
$325 Add to cartThe India alcoholic beverages market is anticipated to witness significant growth, with an expected uptick of USD 47.6 billion, equating to a compound annual growth rate (CAGR) of about 9.9% in the coming years. India’s alcoholic beverages market is growing due to increasing disposable incomes, urbanization, and changing social norms. As the younger population become…
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Beverages
Hong Kong Alcoholic Beverages Market 2024
$325 Add to cartForecasts highlight a favorable growth outlook for the Hong Kong alcoholic beverages market, with a projected increase of USD 1.5 billion and a compound annual growth rate (CAGR) close to 5.3% through 2029. The alcoholic beverages market is driven by the city’s cosmopolitan culture and its position as a global hub for wine and spirit…
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Beverages
China Alcoholic Beverages Market 2024
$325 Add to cartAnticipated growth in the China alcoholic beverages market stands at USD 129.5 billion, with an expected compound annual growth rate (CAGR) of approximately 4.5% during the period spanning 2024 to 2029. China’s alcoholic beverages market is experiencing substantial growth, with demand for premium and imported spirits, especially whiskey and wine, on the rise. The expand…
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Beverages
Cambodia Alcoholic Beverages Market 2024
$325 Add to cartInsights reveal that the Cambodia alcoholic beverages market is set for a healthy expansion, with an anticipated growth of USD 3.2 billion, corresponding to a compound annual growth rate (CAGR) of nearly 8.6% from 2024 to 2029. The market for alcoholic beverages is driven by a growing younger population with increasing disposable incomes and a shif…
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Beverages
Bangladesh Alcoholic Beverages Market 2024
$325 Add to cartAnticipated to grow steadily, the Bangladesh alcoholic beverages market is expected to rise from USD 1,586.0 million in 2023 to USD 2,275.4 million by 2029, with a CAGR of 6.2% throughout the forecast period. The alcoholic beverages market in Bangladesh is expanding slowly, driven by increased urbanization and rising disposable incomes, particularly in cities like D…
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Beverages
Azerbaijan Alcoholic Beverages Market 2024
$325 Add to cartThe Azerbaijan alcoholic beverages market is projected to expand from USD 1,309.2 million in 2023 to USD 2,031.8 million by 2029, achieving a compound annual growth rate (CAGR) of 7.6% during the period from 2024 to 2029. The demand for alcoholic beverages is growing due to rising disposable incomes and changing social norms. Urbanization and an…
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Beverages
Global Alcoholic Beverages Market 2024
$1,825 Add to cartThe global alcoholic beverages market is poised for moderate growth, projected to increase from USD 3,186.1 billion in 2023 to USD 4,443.8 billion by 2029, achieving a CAGR of 5.7% during the forecast period. Globally, the alcoholic beverages market is being shaped by changing consumer preferences, with increasing demand for premium, craft, and artisanal drinks…
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Beverages
North America Alcoholic Beverages Market 2024
$1,325 Add to cartThe North America alcoholic beverages market is expected to realize a modest increase of USD 171.2 billion, demonstrating a CAGR of about 4.8% during the forecast period from 2024 to 2029. The alcoholic beverages market is driven by a diversification of consumer preferences, with millennials and Gen Z favoring craft beers, premium spirits, and ready-…
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Beverages
Latin America Alcoholic Beverages Market 2024
$1,325 Add to cartThe Latin America alcoholic beverages sector is poised for a dynamic growth phase, anticipating an increase of USD 170.3 billion and a compound annual growth rate (CAGR) of approximately 7.4% from 2024 to 2029. Latin America’s alcoholic beverages market is thriving due to a robust drinking culture and the rise of disposable income, especially in Bra…
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Beverages
Asia Pacific Alcoholic Beverages Market 2024
$1,325 Add to cartForecasted to grow at a moderate pace, the Asia Pacific alcoholic beverages market size is expected to reach USD 1,514.1 billion by 2029, up from USD 1,072.2 billion in 2023, resulting in a CAGR of 5.9%. The Asia Pacific region is seeing rapid growth in the alcoholic beverages market, propelled by rising disposable incomes and ch…
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Beverages
Europe Alcoholic Beverages Market 2024
$1,325 Add to cartThe Europe alcoholic beverages market is likely to exhibit mild growth, with a projected increase from USD 929.6 billion in 2023 to USD 1,209.6 billion by 2029, corresponding to a CAGR of 4.5% during the 2024 to 2029 timeframe. The alcoholic beverages market remains robust, with demand driven by long-established drinking cultures. The popularity of cra…
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Beverages
Middle East and Africa Alcoholic Beverages Market 2024
$1,325 Add to cartForecasts highlight a favorable growth outlook for the Middle East and Africa alcoholic beverages market, with a projected increase of USD 120.7 billion and a compound annual growth rate (CAGR) close to 9.4% through 2029. The alcoholic beverages market is expanding despite challenges posed by regional regulations. Increasing urbanization and a growing middle class in cou…
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