The Alcoholic Beverages Market is projected to reach USD 2.9...

The Alcoholic Beverages Market is projected to reach USD 2.9 trillion by 2031 as premiumization and health trends reshape drinking habits

Postado 2025-04-01 16:44:56

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[Hyderabad, April 1st, 2025] – The Global Alcoholic Beverages Market, valued at USD 1.89 trillion in 2023, is projected to grow at a CAGR of 5.8% to USD 2.90 trillion by 2031, according to ClearView Market Insights. Premium craft spirits, non-alcoholic alternatives, and the booming demand in Asia are transforming the industry.

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Key Trends

1. The Premium Revolution

Super-premium spirits (>USD 50/bottle) now account for 22% of global sales, with tequila (Patrón) up XX%.
Japanese whisky auctions hit record prices (USD 1M for Yamazaki 55 in 2024).

2. Sober-Curious Movement

Non-alcoholic beer/wine will be 6% of the total market by 2025 (IWSR).
Diageo’s "Zero Proof" line grew 90% in test markets.

3. Emerging Markets Boom

India’s whiskey market surpasses France’s cognac sales for the first time (2024).
Nigeria’s beer demand is up 12% as disposable incomes rise.

Technology & Innovation

Blockchain booze: Rare whiskey NFTs (e.g., Macallan) sold for USD 2.5 M in 2023.
AI bartenders: Monsieur robots mix 500 cocktails/hour in Las Vegas.

Quotes from Industry Leaders

"The future isn’t just drinking—it’s drinking better. Premiumisation is unstoppable."
– Ivan Menezes, CEO, Diageo.

"Gen Z wants flavour without the hangover. That’s why non-alcoholic is growing 5x faster than traditional."
– Alexandra Cherniavsky, CMO, Pernod Ricard.

Regional Highlights

North America: RTDs (White Claw) are now 10% of U.S. alcohol sales.
Europe: No-alcohol beer is 8% - 10% of Germany’s market.
Asia: Baijiu (China) is still the #1 global spirit by volume (5B litres/year).

Future Outlook

2025: Lab-grown alcohol (e.g., Endless West’s molecular spirits) to debut.
2027: India will surpass the U.S. as the most extensive whiskey producer-consumer.
2030: 10% of global sales is projected to be non-alcoholic.

For more insights, visit https://clearviewmarketinsights.com/

About Clearview Market Insights:

Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.

Media contact:

Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369

Alcoholic_Beverages_Market

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