Title: Europe Alcoholic Beverages Market
1Europe Alcoholic Beverages MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Europe Alcoholic Beverages Market size was
estimated to be 347.3 billion in 2021. It is
also estimated to grow at a CAGR of 3.3 during
the forecast period 2022-2027. This growth is
owing to the soaring intake of beer in European
countries like the Czech Republic, Austria,
Poland, Germany and Romania. Ciders, spirits and
champagne are greatly consumed in Europe. The
most significant alcoholic beverages are beer,
wine and brandy. Certain typical European
alcoholic beverages include whisky, champagne,
vodka, scotch whisky and gin among others.
Spirits are powerfully distilled alcohols that
include ethanol and water and are prepared from
alcoholic fluid or mash. The Central European
pattern of alcohol intake is connected with beer
drinking, the Mediterranean pattern with
wine-drinking and the Eastern or Northern
European pattern with spirits-drinking countries.
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- Key Takeaways
- Geographically, the Rest Of Europe (Europe
Alcoholic Beverages market share) accounted for
the highest revenue share in 2021 and it is
poised to dominate the market over the period
2022-2027 owing to the soaring intake of
alcoholic beverages like wine and, also, spirits
in countries like Lithuania and the Czech
Republic in the Rest of Europe region. - Europe Alcoholic Beverages Market growth is being
driven by the surging inclination of millennials
towards craft beers, looking for a novel and
fresh taste together with the comforting
environment of microbreweries and brew pubs in
the European region. However, the switching
inclination of consumers towards healthier drinks
like Ready to Drink (RTD) Tea and functional
beverages is one of the major factors hampering
the growth of the Europe Alcoholic Beverages
Market.
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By Distribution Channel- Segment Analysis The
Europe Alcoholic Beverages Market based on
distribution channels can be further segmented
into Supermarkets Hypermarkets, Convenience
Stores, Specialist Stores, Grocery Stores, Online
Stores and Others. The Online Stores Segment held
the largest Europe Alcoholic Beverages market
share in 2021. This growth is fuelled by the
increasing inclination of consumers of the
present tech-savvy generation towards online
channels for the purchase of alcoholic beverages
amidst the COVID-19 pandemic. Also, spirits and
champagne are available in online stores. The
effortless accessibility of different kinds of
beers, wines and other alcoholic beverages at
just a click of the mouse with home delivery
options is further propelling the growth of this
segment.
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- Europe Alcoholic Beverages Industry Outlook
- Pernod Ricard
- Diageo Plc.
- Bacardi Limited
- Anheuser-Busch InBev
- Heineken Holding NV.
- Brasseries Kronenbourgare
- CAVIRO s.c.a
- SA Damm
- Allied Blenders Distillers Pvt. Ltd.
- The Drinks Company
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Europe Alcoholic Beverages Market
Forecast (2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/751
5/europe-alcoholic-beverages-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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