The Global Alcoholic Beverages Market Is Valued At 6 Billion In 2017 AccordinPosted by ananth on June 28th, 2018 The alcoholic beverages industry includes establishments that manufacture alcoholic beverages through the fermentation process and that produce distilled alcoholic beverages. Read the report at https://www.thebusinessresearchcompany.com/report/alcoholic-beverages-global-market-report-2018 The market is valued at 6 billion in 2017 due to the increasing demand for premium liquor beverages owing to increase in urban and middle-class population, growing economy and rising disposable income in Asian and African countries. Increasing applications of alcohol in pharmaceuticals, food and beverage industries and other industries is also a driving factor. The alcoholic beverages market in The Business Research Company’s report is segmented into wine and brandy (wineries), beer (breweries) and sprits (distilleries). While the first two segments account for more than 70% of the market share, the remaining is attributed to the sprits (distilleries) segment. Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=217&type=smp China was the largest country in the alcoholic beverages market in 2017, accounting for more than one-fifth of the market share. This was a result of the presence of a large number of wineries and breweries catering to a large consumer base in the country. China was followed by USA and Japan as the next largest countries in the market. Anheuser Busch InBev was the largest company in the alcoholic beverages market, followed by Heineken and Diageo. Anheuser-Busch InBev is a brewery group involved in the production and sale of beer. The company’s growth strategy aims at introducing premium, specialty and craft brands by acquiring local breweries. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |