Market Overview:
The global alcohol market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for alcoholic beverages, especially in developing countries. In terms of type, the grains segment is projected to lead the global alcohol market during the forecast period. This can be attributed to the increasing demand for beer and other grain-based alcoholic beverages across the globe. The molasses segment is also projected to grow at a high rate during the forecast period, owing to its use in various types of liquor such as rum and vodka.
Product Definition:
Alcohol is a colorless, volatile, flammable liquid. It is produced by the fermentation of sugars and other carbohydrates by yeast. It is also used as a solvent and in some medications. Alcohol has many purposes including being used as a fuel, in manufacturing and as an antiseptic.
Grains:
Grain is a solid form of alcohol, which is derived from the germination of the grain. The grains are majorly used for producing various types of alcoholic beverages such as beer, whiskey, and wine among others.
The growth factor in alcohol market can be attributed to growing demand for healthy drinks and increasing disposable income levels in developing countries including China & India among others.
Molasses:
Molasses is a black or very dark brown liquid consisting of natural sugar. It has high nutritional value and can be used as an alternative for table sugar. Molasses can also be used in alcohol fermentation to increase the yield of alcohol.
The U.S., Brazil, India, China and Japan are the major countries producing molasses globally.
Application Insights:
Beer was the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. Alcoholic beverages such as beer are prepared from cereal grains, fruits, vegetables and yeast. IMFL is one of the fastest growing segments in terms of revenue as well as volume due to increasing demand for high-quality products across the globe. The product has a longer shelf life when compared to other forms of alcohol such as wine or spirits which makes it suitable for industrial use.
Global beer production has been witnessing a steady growth since 1990s which can be attributed to factors such as population expansion, economic development and technological advancements coupled with globalization trends that have facilitated easy access to foreign products especially from developed countries like U.S.
Regional Analysis:
North America accounted for the largest share of more than 35.0% in 2017. The U.S., being a major consumer, is expected to dominate the global market over the forecast period owing to increasing demand from end-use industries such as food and beverage, pharmaceuticals, and cosmetics among others.
Europe was valued at USD X billion in 2017 and is expected to witness significant growth over the coming years on account of high consumption across countries including Russia, Spain, Italy among others. Asia Pacific alcohol industry is estimated to grow at a lucrative rate due to rising IMFL sales coupled with favorable regulations that are likely drive regional product demand over the forecast period from 2018 till 2030 timeframe (2).
Growth Factors:
- Increasing disposable income of consumers: The alcohol market is expected to grow as the disposable income of consumers increases. This is because people are likely to spend more on luxury items such as alcohol when they have more money available.
- Changing demographics: There is a shift in demographics taking place, with younger generations becoming more interested in drinking alcohol. This will help to drive growth in the alcohol market over the coming years.
- Growing demand for premium products: There is increasing demand for premium alcoholic beverages, such as craft beers and spirits, which offers higher margins for manufacturers and retailers alike. This trend is expected to continue in the years ahead, boosting growth prospects for the alcohol market overall.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alcohol Market Research Report
By Type
Grains, Molasses, Fruits and Vegetables
By Application
IMFL, Beer, Wine, Country Liquor
By Companies
United Spirits, Tilaknagar, Jagatjit Industries, Mohan Meakin, Globus Spirits, Allied Blenders and Distillers, SAB Millier, Radico Khaitan, Khemani Group, SOM Distilleries and Breweries, United Spirits
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Alcohol Market Report Segments:
The global Alcohol market is segmented on the basis of:
Types
Grains, Molasses, Fruits and Vegetables
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IMFL, Beer, Wine, Country Liquor
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- United Spirits
- Tilaknagar
- Jagatjit Industries
- Mohan Meakin
- Globus Spirits
- Allied Blenders and Distillers
- SAB Millier
- Radico Khaitan
- Khemani Group
- SOM Distilleries and Breweries
- United Spirits
Highlights of The Alcohol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Grains
- Molasses
- Fruits and Vegetables
- By Application:
- IMFL
- Beer
- Wine
- Country Liquor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alcohol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alcohol is a psychoactive agent that is found in many different types of beverages. It can be found in beer, wine, and liquor. Alcohol affects the brain and nervous system. It can make people feel happy and relaxed, but it also can cause problems like drunk driving or alcohol poisoning.
Some of the major companies in the alcohol market are United Spirits, Tilaknagar, Jagatjit Industries, Mohan Meakin, Globus Spirits, Allied Blenders and Distillers, SAB Millier, Radico Khaitan, Khemani Group, SOM Distilleries and Breweries, United Spirits.
The alcohol market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alcohol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Alcohol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alcohol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Alcohol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Alcohol Market Size & Forecast, 2020-2028
4.5.1 Alcohol Market Size and Y-o-Y Growth
4.5.2 Alcohol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Grains
5.2.2 Molasses
5.2.3 Fruits and Vegetables
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 IMFL
6.2.2 Beer
6.2.3 Wine
6.2.4 Country Liquor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alcohol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alcohol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Grains
9.6.2 Molasses
9.6.3 Fruits and Vegetables
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 IMFL
9.10.2 Beer
9.10.3 Wine
9.10.4 Country Liquor
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Grains
10.6.2 Molasses
10.6.3 Fruits and Vegetables
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 IMFL
10.10.2 Beer
10.10.3 Wine
10.10.4 Country Liquor
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Grains
11.6.2 Molasses
11.6.3 Fruits and Vegetables
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 IMFL
11.10.2 Beer
11.10.3 Wine
11.10.4 Country Liquor
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Grains
12.6.2 Molasses
12.6.3 Fruits and Vegetables
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 IMFL
12.10.2 Beer
12.10.3 Wine
12.10.4 Country Liquor
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Grains
13.6.2 Molasses
13.6.3 Fruits and Vegetables
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 IMFL
13.10.2 Beer
13.10.3 Wine
13.10.4 Country Liquor
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alcohol Market: Competitive Dashboard
14.2 Global Alcohol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 United Spirits
14.3.2 Tilaknagar
14.3.3 Jagatjit Industries
14.3.4 Mohan Meakin
14.3.5 Globus Spirits
14.3.6 Allied Blenders and Distillers
14.3.7 SAB Millier
14.3.8 Radico Khaitan
14.3.9 Khemani Group
14.3.10 SOM Distilleries and Breweries
14.3.11 United Spirits
