Short Description

By Type (Beer, Distilled Spirits, Wine, Champagne, Brandy, Ciders, Others), Packaging (Bottles, Cans, Tetra Packs), Product Type (Flavoured, Unflavoured), Distribution Channel (Convenience Stores, Specialty Stores, Online Retailers, Hotels/Restaurants/Bars, Others) Industry Trends and Forecast to 2026.

Market Definition

Alcoholic beverages are defined as drinks containing ethyl alcohol (chemical formula of C2H5OH) or ethanol as a chemical compound. They are prepared by fermentation of sugars in fruits, berries, grains, and other ingredients such as plant saps, tubers, honey, and milk fruit, or vegetables, fermenting grain and others. They are manufactured by using distillation process. They have an alcohol content of at least 20% ABV and also known as spirits. It has various advantages including some health benefits such as, reduces the risk of developing and dying from heart disease, risk of ischemic stroke. Beer keeps kidneys healthy and helps in reducing the risk of developing kidney stones by 40%. These are provided in specialty stores, convenience stores, hotels/restaurants/bars, online retailers and others.
Europe alcoholic beverages market is projected to register a CAGR of 7.8% in the forecast period of 2019 to 2026.

Market Segmentation

Europe alcoholic beverages market is segmented into five notable segments which are type, packaging, product type, distribution channel and geography.

> On the basis of type, the market is segmented into beer, distilled spirits, wine, champagne, brandy, ciders, others. The beer is sub-segmented into ale, lager and hybrid. The distilled spirit is sub-segmented into rum, whiskey, vodka, gin and genever, tequila and mezcal, liqueue and others. The wine is sub-segmented into sparkling and fortified.
> On the basis of packaging, the market is segmented into bottles, cans and tetra packs. The bottles segment is sub-segmented into glass and plastic.
> On the basis of product type, the market is segmented into flavoured, unflavoured.
> On the basis of distribution channel, the market is segmented into convenience stores, specialty stores, online retailers, hotels/restaurants/bars, others.

Market Players

The key market players for Europe alcoholic beverages market are listed below:

> SUNTORY HOLDINGS LIMITED.
> Brown-Forman
> Anheuser-Busch In Bev
> UNITED BREWERIES LTD.
> Molson Coors Brewing Company
> Accolade Group LLC
> Heineken Holding N.V.
> Asahi Group Holdings, Ltd.
> Pernod Ricard
> Carlsberg Breweries A/S
> Diageo
> Kirin Holdings Company Limited
> Bronco Wine Company
> Bundaberg Brewed Drinks
> Constellation Brands, Inc.
> DGB
> Edrington