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Canned Alcoholic Beverages Market Share

Report ID: GMI6827
Published Date: Sep 2023
Report Format: PDF

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Canned Alcoholic Beverages Market Share

Some of the major companies operating in the canned alcoholic beverages industry are:

Diageo
Anheuser-Busch InBev
Treasury Wine Estates
Union Wine Company
E. & J. Gallo Winery
Pernod Ricard
Sula Vineyards
Integrated Beverage Group LLC (IBG)
Kona Brewing Co.
Suntory Holdings Limited
Asahi Group Holdings, Ltd.
Barefoot Cellars
Constellation Brands
Bacardi Limited
Brown-Forman

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Diageo's canned alcoholic beverages are available in a variety of flavors and styles, and they are sold in over 180 countries around the world. Diageo is also constantly innovating and developing new canned alcoholic beverages to meet the changing needs of consumers.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of canned alcoholic beverages was worth USD 63.05 billion in 2023 and is set to reach USD 196.98 billion by 2032, due to the rising environmental concerns for encouraging recyclable packaging.

Canned alcoholic beverages industry size from the wine product segment crossed USD 25.59 billion in 2022, owing to their rising accessibility to various customers.

The liquor stores distribution channel held over 50% of the market share in 2022, driven by convenience and choice offered to customers.

North America market size was valued at USD 20.44 billion in 2022, attributed to the higher consumer demand for convenient and portable drink choices in the region.