Canned Alcoholic Beverages Market Dynamics Including US$ 6.11 Bn Value with Industry Performance, Share, Trends, and Growth Projections Report by 2024-2031 | Diageo plc, Brown-Forman, Pernod Ricard

The global canned alcoholic beverages market size is estimated to be valued at US$ 6.11 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 13.8% from 2023 to 2030.

The latest market intelligence report published by CMI with the title "Global Canned Alcoholic Beverages Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Food and Beverages industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Canned Alcoholic Beverages Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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Key opportunities Canned Alcoholic Beverages Market

1. Rising Demand for Convenience: The growing trend toward convenience in food and beverage consumption is driving the popularity of canned alcoholic beverages. Cans are lightweight, portable, and easy to store, making them ideal for on-the-go consumption at outdoor events, parties, and picnics. This convenience factor appeals to a wide range of consumers, especially younger demographics seeking hassle-free options.

2. Expansion of Flavor Varieties and Innovations: The market is seeing an increase in innovative flavors and formulations for canned alcoholic beverages, including craft cocktails, hard seltzers, and flavored malt beverages. This trend allows brands to cater to diverse consumer preferences and attract new customers looking for unique and refreshing options. The introduction of low-calorie and health-conscious products also aligns with current consumer trends.

3. Growth of the Craft Beverage Movement: The craft beverage movement continues to thrive, leading to increased interest in artisanal and locally-produced canned alcoholic beverages. Small breweries and craft distilleries are capitalizing on this trend by offering unique, limited-edition flavors in cans, appealing to consumers who prioritize quality and authenticity in their beverage choices.

4. Sustainability Initiatives: As consumers become more environmentally conscious, there is an opportunity for brands to emphasize sustainability in their packaging and production processes. Cans are generally more recyclable than bottles, and companies that adopt eco-friendly practices, such as using recycled materials or reducing carbon footprints, can attract environmentally-aware consumers.

5. Emerging Markets and Demographics: The canned alcoholic beverages market has significant growth potential in emerging markets, where urbanization and changing lifestyles are increasing alcohol consumption. Additionally, targeting specific demographics, such as millennials and Gen Z, who prefer trendy and portable beverage options, can drive further market expansion.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

• By Product
Wine
Still
Fortified
Low-alcohol
Sparkling
RTD Cocktails
Malt based
Spirit based
Wine based
Hard Seltzers
Malt based
Spirit based
Wine based
Sugar based

• By Distribution Channel
On-trade
Liquor Stores
Online
Others

• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

• Diageo plc
• Brown-Forman
• Pernod Ricard
• Bacardi Limited
• Suntory Holdings Limited
• Asahi Group Holdings Ltd.
• Anheuser-Busch InBev
• E. & J. Gallo Winery
• Constellation Brands Inc.
• Treasury Wine Estates
• Barefoot Cellars
• Kona Brewing Co.

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Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Canned Alcoholic Beverages Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Canned Alcoholic Beverages Market on each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Canned Alcoholic Beverages market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Canned Alcoholic Beverages market?
4. What are the prominent market trends influencing the development of the Canned Alcoholic Beverages market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Canned Alcoholic Beverages market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Canned Alcoholic Beverages and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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