Global Spirits Market

An alcoholic beverage is a potable liquid that contains ethanol which is prepared by fermenting fruits, grains, and others. The main types of alcoholic beverages are beer, wine and brandy, and spirits. Beer is an alcoholic beverage produced by extracting raw materials with water, boiling (usually with hops) and fermenting. The products are made available through off-trade channels and on-trade channels. The various categories are mass, and premium. The alcoholic beverages research report is one of a series of new reports from The Business Research Company that provides alcoholic beverages statistics, including alcoholic beverages industry global market size, regional shares, competitors with alcoholic beverages share, detailed alcoholic beverages segments, market trends and opportunities, and any further data you may need to thrive in the alcoholic beverages industry. This alcoholic beverage research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global alcoholic - beverages market grew from $530.85 billion in 2022 to $569.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The alcoholic - beverages market is expected to grow to $731.84 billion in 2027 at a CAGR of 6.5%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for alcoholic beverages. Crop production, farming activities, and trade volumes will have to increase in order toto meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for alcoholic - beverages products due to the rising population during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the alcoholic - beverages market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the alcoholic beverages market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Alcoholic beverage manufacturers are now offering ready-to-mix hybrid beverages to cater to changing consumer tastes and preferences. Hybrid beverages are a blend of alcoholic drinks from multiple beverage categories. They are prepared by using unique flavour combinations, ingredients, and production methods from multiple drinks. For example, producing spirits or beers in a wine barrel to give them a distinct taste. Hybrid beverages are particularly evident in the spirit category, with products such as beer mixed with rum and tea mixed with vodka. Some of the popular hybrid beverages on the market include Malibu Red (rum and tequila), Kahlua Midnight (rum and Kahlua), and Absolut Tune (vodka and sparkling wine). Major companies in the alcoholic - beverages market include Anheuser-Busch InBev sa/nv, Heineken N.V., Diageo plc, Asahi Group Holdings Ltd., The Molson Coors Brewing Company, kirin holdings co Ltd., Constellation Brands, Pernod Ricard, Carlsberg Breweries Group, Thai Beverage public co. The Asia-Pacific was the largest region in the alcoholic - beverages market in 2022. Western Europe was the second-largest region in the alcoholic - beverages market. The regions covered in the alcoholic - beverages market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the alcoholic - beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The alcoholic beverages market consists of sales of ales, lagers, stouts and porters, malts, still wine, sparkling wine, cognac, armagnac, whiskey, vodka, rum, tequila, gin, and other alcoholic beverages. The companies in the alcoholic beverages industry process raw materials into alcoholic beverages, package and distribute them through various distribution channels to both on-trade and off-trade establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The alcoholic beverages market is segmented into beer, wine and brandy, and spirits. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global alcoholic - beverages market is segmented - 1) By Type: Beer, Wine And Brandy, Spirits 2) By Distribution Channel: Off-Trade Channels, On-Trade Channels 3) By Category: Mass, Premium Subsegments Covered: Ales, Lagers, Stouts & Porters, Malts, Wine, Brandy, Whiskey, Vodka, Rum, Tequila, Gin, Other Spirits

Non alcoholic - beverages are the drinks that are either totally free from alcohol or that have less than 0.5 percent alcohol by volume (abv). The main types of non alcoholic beverages are coffee and tea, as well as soft drinks and ice. Coffee is a brewed drink prepared from roasted coffee beans, and tea is an aromatic beverage prepared by pouring hot or boiling water over cured or fresh leaves of Camellia sinensis. The products are made available through off-trade channels and on-trade channels. The various categories are mass, and premium. The non alcoholic beverages research report is one of a series of new reports from The Business Research Company that provides non alcoholic beverages statistics, including non alcoholic beverages industry global market size, regional shares, competitors with non alcoholic beverages share, detailed non alcoholic beverages segment, market trends and opportunities, and any further data you may need to thrive in the non alcoholic beverages industry. This non alcoholic beverages research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global non alcoholic - beverages market grew from $556.01 billion in 2022 to $592.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The non alcoholic - beverages market is expected to grow to $741.17 billion in 2027 at a CAGR of 5.8%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to the American Society of Nutrition, the consumption of sugar-sweetened beverages was highest in Mexico. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products due to the rising population during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the non-alcoholic beverage market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-alcoholic beverages market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Increasing health awareness and consciousness among consumers is driving the demand for beverages that provide nutrition, antioxidants, and probiotics. Health beverages support detoxing, weight loss, digestive health, nutrition, and, in some cases, act as meal replacements. For instance, Kombucha, a fermented tea made from a mix of yeast, bacteria culture, sugar, and tea, is increasingly being consumed as a health beverage. According to Beverage Daily, the kombucha market is expected to grow by 25% annually until 2020. To cater to the health beverage market, Pepsi is launching products such as organic Gatorade. Major companies in the non alcoholic - beverages market include PepsiCo, Inc., Nestle S.A., The Coca-Cola Company, Coca-Cola European Partners plc, Suntory Holdings Limited, Fomento Economico Mexicano, Red Bull GmbH, Keurig Dr Pepper Inc., Unilever plc, Asahi Group Holdings Ltd The Asia-Pacific was the largest region in the non alcoholic - beverages market in 2022. Western Europe was the second-largest region in the non alcoholic - beverages market. The regions covered in the non alcoholic - beverages market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the non alcoholic - beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The non alcoholic - beverages market consists of sales of roasted coffee, coffee concentrates, coffee extracts, flavourings, and syrups, instant tea, blending tea, tea concentrate, herbal tea, tea extracts, carbonated soft drinks, ice flakes, ice cubes, ice nuggets, bottled water, Ready to Drink (RTD) tea and coffee, juices and juice concentrates, functional drinks. The companies in the non alcoholic beverages industry process raw materials into non alcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global non alcoholic - beverages market is segmented - 1) By Type: Coffee And Tea, Soft Drink And Ice 2) By Distribution Channel: Off-Trade Channels, On-Trade Channels 3) By Category: Mass, Premium Subsegments Covered: Coffee, Tea, Soft Drinks, Ice

The ethyl alcohol is a clear, colorless liquid made through the hydration of ethylene and basic organic chemicals are substances that contain carbon and hydrogen. The ethyl alcohol is highly flammable and contains pleasant odor and burning taste. The main types of ethyl alcohol and other basic organic chemicals are synthetic sweeteners, plasticizers, ethyl alcohol, silicone (except resins), fatty acids, gum, and wood chemicals. Ethyl alcohol is a colorless, volatile, flammable liquid C2H5OH that is the intoxicating agent in liquors and is used as a solvent and in fuel. The grades are food grade, industrial grade, and cosmetics grade. The end-user industries are the chemical industry, coating and printing industry, electronics industry, food and pharmaceutical industry, and other end-user industries. The ethyl alcohol and other basic organic chemicals market research report is one of a series of new reports from The Business Research Company that provides ethyl alcohol and other basic organic chemicals market statistics, including ethyl alcohol and other basic organic chemicals industry global market size, regional shares, competitors with an ethyl alcohol and other basic organic chemicals market share, detailed ethyl alcohol and other basic organic chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl alcohol and other basic organic chemicals industry. This ethyl alcohol and other basic organic chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ethyl alcohol and other basic organic chemical market grew from $1199.82 billion in 2022 to $1304.77 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ethyl alcohol and other basic organic chemical market is expected to grow to $1773.28 billion in 2027 at a CAGR of 8.0%. Ethyl alcohol or ethanol is being used as a combination with motor fuel in some countries. Ethyl alcohol used for fuel is being blended into gasoline at concentrations of 5% to 10%. Mostly, sugar cane and corn are used to produce ethanol. For example, ethanol has replaced methyl tertiary butyl ether as a gasoline component, and 50% of cars in Brazil are using 100% ethanol as fuel. Ethanol-only engines and flex-fuel engines are also adding to the growth of this market. Furthermore, many state and local governments in emerging markets such as China and India are passing laws for the mandatory blending of ethanol in gasoline and diesel to reduce carbon emissions. For instance, China announced a nationwide ethanol mandate, which expanded the mandatory use of E10 fuel (gasoline containing 10% ethanol) from 11 trial provinces to the entire country by 2020, thus driving the growth of the ethyl alcohol market. Interest rates globally are forecasted to rise in most of the developing and developed economies during the forecast period. This is expected to limit new investments in the market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, US interest rates are expected to rise by up to 3.5% by 2021. These factors are expected to have a negative impact on the ethyl as borrowing money will become expensive, thereby affecting market growth. Chemical companies are increasingly using automation and instrumentation solutions to control the production process more effectively. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters that help to improve operational efficiency in manufacturing facilities. For example, Siemens process instrumentation and gas analytics solutions increase productivity and efficiency during plant operations. Major companies in the ethyl alcohol and other basic organic chemical market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG, Evonik Industries AG, Kao Corporation, The Clorox Co, Eastman Chemical Corporation, and Atul Limited. Asia-Pacific was the largest region in the ethyl alcohol and other basic organic chemical market in 2022. North America was the second-largest region in the ethyl alcohol and other basic organic chemical market. The regions covered in the ethyl alcohol and other basic organic chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethyl alcohol and other basic organic chemical market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The ethyl alcohol and other basic organic chemicals market consists of the sales of tall oil and wood distillates, distil coal tars, wood or gum chemicals, naval stores, natural tanning materials, charcoal briquettes, charcoal, cyclic crudes or cyclic intermediates, aromatic petrochemicals, industrial gases, and synthetic organic dyes and pigments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ethyl alcohol and other basic organic chemical market is segmented - 1) By Type: Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals 2) By Grade: Food Grade, Industrial Grade, Cosmetics Grade 3) By End Userr Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries

Food and beverage stores are stores that sell edible product used wholly or partially for human consumption that is raw, cooked, or processed from fixed point-of-sale locations. The main types of food and beverages stores are specialty food stores, beer, wine, and liquor stores. A specialty food store is a retailer that sells food that is only available in a restricted number of locations. The food and beverages stores have ownership by retail chains and independent retailers with price ranges of premium, mid-range, and economy. The food and beverages stores market research report is one of a series of new reports from The Business Research Company that provides food and beverages stores market statistics, including food and beverages stores industry global market size, regional shares, competitors with a food and beverages stores market share, detailed food and beverages stores market segments, market trends and opportunities, and any further data you may need to thrive in the food and beverages stores industry. This food and beverages stores market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food and beverage stores market grew from $2,210.65 billion in 2022 to $2,441.19 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The food and beverage stores market is expected to grow to $3,525.79 billion in 2027 at a CAGR of 9.6%. The food and beverage stores market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that global GDP growth was 3.3% in 2020 and 3.4% in 2021. Commodity price recovery following a historical decline is also expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the food and beverage stores market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of 'lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverage stores market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Self-checkout technology is being widely used in department stores, specialty stores, and small convenience stores to automate payments. Self-checkout systems are integrated with a mobile software application to collect purchase data and to automatically receive payment. They make use of Near Field Communication (NFC) or quick response code (QR code), which is a machine-readable optical label. This eliminates the need for checkouts, queues, loading and unloading, and employees to operate the checkout counter. This type of automation reduces operational costs and saves time spent on manual billing. Self-checkout systems are being used extensively by retail stores in the USA and the UK. For instance, a survey on self-service checkouts in multiple countries found 90% of respondents use self-checkouts, of which Australia and Italy were leading. Wal-Mart has installed 10,000 self-checkout systems in its 1200 stores across the USA. Major companies in the food and beverages stores market include Woolworths Ltd., Alimentation Couche-Tard Inc., Koninklijke Ahold Delhaize N.V, LVMH Moet Hennessy Louis Vuitton SE, George Weston Ltd., Jardine Matheson, Seven & i Holdings Co. Ltd., Marubeni, Greggs plc, and Lancaster Colony Corporation. Asia-Pacific was the largest region in the food and beverage stores market in 2022. Africa was the second largest region in the food and beverage stores market. The regions covered in the food and beverages stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the food and beverages stores market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The food and beverage stores market includes revenues earned by entities by providing services through restaurants, bars, coffee shops, and banquets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food and beverage stores market is segmented - 1) By Type: Specialty Food Stores, Beer, Wine And Liquor Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Price Range: Premium, Mid-Range, Economy

Premix cocktails are drinks made with a base spirit like vodka or whisky combined with a soft drink. They contain a healthy amount of carbonation and are packaged forms of alcoholic beverages for direct consumption. Premixed cocktails are also known as alcopops, flavored alcoholic beverages, ready-to-drink (RTD) alcohol-based beverages, pre-packaged spirits, or premixed beverages. The main product types are rum, whiskey, vodka, wine, and other product types. Rum is a liquor made by fermenting and distilling sugarcane molasses or sugarcane juice. The various types of flavors used in premixed cocktails are fruits, spices, and other product types. The premixed cocktails are distributed through hyper/supermarkets, department stores, specialty stores, and online retailers. The premix cocktails research report is one of a series of new reports from The Business Research Company that provides premix cocktails statistics, including premix cocktails industry global market size, regional shares, competitors with premix cocktails share, detailed premix cocktails segments, market trends and opportunities, and any further data you may need to thrive in the premix cocktails industry. This premix cocktails research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global premix cocktails market grew from $20.29 billion in 2022 to $21.21 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The premix cocktails market is expected to grow to $25.29 billion in 2027 at a CAGR of 4.5%. Increasing consumer preferences for healthy drinks with low alcohol content is projected to boost the demand for premix cocktails over the forthcoming years. According to the Department for Environment Food & Rural Affairs in October 2022, the Uk-based government agency for environmental protection, food production, agriculture, and fisheries, the spending on food and non-alcoholic drinks accounted for 49% in 2021. Therefore, increasing consumer preferences for healthy or low-alcohol drinks is predicted to propel the demand for the premix cocktails market over the forthcoming years. The stringent regulations and the government imposing high taxes on premix drinks are expected to limit the growth of the market. Foreign brands are being imposed high import duties owing to the high competition in the market. Government regulations are one of the major factors restraining the growth of the premix cocktails market. For instance, in July 2019, the Philippine government announced plans to increase taxes on alcopops to discourage binge drinking and generate additional revenues. The government of the Philippines currently imposes a 20% ad valorem tax on the net retail price per proof of distilled spirits. Therefore, the increasing taxes on premix cocktails have a negative impact on the growth of the premix cocktails market. The bars are increasingly preparing premixes of cocktails and are refrigerating them to serve customers on request. The bartenders are mixing the cocktails ahead of the order and are prebatching them, giving them time to interact with the customers and make sure they have the best experience. For instance, Mister Paradise, a bar and restaurant in Manhattan, premixes a cocktail called Café Disco and serves it to its clients when ordered. Moreover, bartenders are increasingly selling their premixes outside of the bar as well. In September 2020, Beam Suntory, a US-based company operating in premium spirit acquired The Rocks Premium Cocktails for an undisclosed amount. Through this acquisition, Beam Suntory aims to expand the OTR brand to new occasions, formats, and cocktail recipes. The Rocks Premium Cocktails is a US-based company operating in premix cocktails. Major players in the premix cocktails market are Bacardi & Company Limited, Diageo PLC., Heineken NV, Altia Oyj, Carlsberg A/S, Belvedere SA, Ball Corporation, The Whisky Exchange, Suntory Holdings, Mark Anthony Brands. Asia-Pacific was the largest region in the premix cocktails market in 2022. Western Europe was the second-largest region in the global premix cocktails market. The regions covered in the global premix cocktails market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the premix cocktails market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The premix cocktails market consists of sales of wine-based premix cocktails, whiskey-based premix cocktails, vodka-based drinks, and other premix cocktails. These flavored drinks with low alcohol content are available for purchase generally through online channels, small retail shops, and convenience stores. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global premix cocktails market is segmented - 1) By Product Type: Rum, Whiskey, Vodka, Wine, Other Product Types 2) By Flavor: Fruits, Spiced, Other Flavors 3) By Distribution Channel: Hyper/Supermarket, Departmental Stores, Specialty Stores, Online Retailers

Red wine is a wine with a primarily red color that results from the natural pigment found in the peels of dark-colored grapes during fermentation. The alcohol content of red wine is typically between 12 -15%. Antioxidants abound in red wine, and moderate consumption is good for health. The main types of red wines are sparkling red wine and still red wine. The sparkling red wine has a reddish hue which is obtained when grape juice comes into contact with the grape skins of red grape strains. Depending on the variety, sparkling red wines range in taste from very dry to semi-sweet and in color from deep rose to inky-red. The red wines are packed in bottles, and cans and are distributed through food services and retail stores. The red wine market research report is one of a series of new reports from The Business Research Company that provides red wine market statistics, including red wine industry global market size, regional shares, competitors with a red wine market share, detailed red wine market segments, market trends and opportunities, and any further data you may need to thrive in the red wine industry. This red wine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global red wine market size grew from $102.97 billion in 2022 to $109.50 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The red wine market size is expected to grow to $133.14 billion in 2027 at a CAGR of 5.0%. The increasing health awareness among consumers is expected to propel the growth of the red wine market going forward. Healthy eating has become the norm, with most consumers demanding foods and beverages to meet progressively nuanced health and wellness, ethics, and sustainability criteria. The powerful plant compounds found in red wine have been linked to several health benefits, including reduced inflammation, a lowered risk of cancer, and a longer lifespan. Red wine's alcohol and antioxidants aid to prevent coronary artery disease. For instance, according to the International Food Information Council 2020 Food and Health Survey, 54% of consumers and 63% of consumers over the age of 50 are concerned about the healthfulness of their food and beverages. Therefore, the increasing health awareness among consumers drives the growth of the red wine market. The growing popularity of organic products is a key trend gaining popularity in the red wine market. Organic wine is a product that has been certified as organic by the government. Organic wine production must follow strict criteria that cover everything from pesticide usage to land management to storage and preservation. For instance, in October 2021, Gary Barlow, a Spanish winemaker introduced an organic wine called Gary Barlow Organic. The Gary Barlow Organic collection comprises a red and a white wine created from grapes cultivated in certified organic fields in Castilla grown with old, low-yielding bush vines that are dry-farmed. In March 2021, Accolade Wines, an Australia-based wine company acquired Rolf Binder Wines for an undisclosed sum. Through this acquisition, Accolade Wines aims to broaden its diverse portfolio by integrating Rolf Binder premium red and white grapes that will support Accolade’s other Barossa brands. Rolf Binder Wines is an Australia-based company that produces red wine. Major players in the red wine market are Accolade Wines, Caviro S.C.A., Vina Concha Y Toro S.A., Castel Winery PLC., E and J Gallo Winery, Grupo Peñaflor S.A., Diageo plc, Treasury Wine Estates, Constellation Brands, The Wine Group, Campari Group, Brown-Forman, Amvyx SA, Rémy Cointreau, Compagnia Del Vino SRL, and Pernod Ricard. North America was the largest region in the red wine market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the red wine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The red wine market consists of sales of sparkling red wine and still red wine. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global red wine market is segmented - 1) By Type: Sparkling Red Wine, Still Red Wine 2) By Packaging Type: Bottles, Cans 3) By Distribution Channel: Food Service, Retail

Sorghum seed refers to a seed that is used to make both leavened and unleavened bread as a substitute for wheat, rye, and barley. It is a warm-season annual grass with coarse stems that can reach a height of 4 feet and often bears enormous seed heads. The leaves resemble maize but are smaller and occasionally broader. A panicle that stands erect, compact to semi-open, and produces seed. The main product types of sorghum seed are grain sorghum, sweet sorghum, forage sorghum and biomass sorghum. Forage sorghum is a large, warm-season annual grass that can be grown as a silage crop. The various applications include sorghum planting and sorghum breeding and are used in several sectors such as animal feed, food industry, winemaking, biofuel and chemical production, among others. The sorghum seed market research report is one of a series of new reports from The Business Research Company that provides sorghum seed market statistics, including sorghum seed industry global market size, regional shares, competitors with a sorghum seed market share, detailed sorghum seed market segments, market trends and opportunities, and any further data you may need to thrive in the sorghum seed industry. This sorghum seed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global sorghum seed market size grew from $1.85 billion in 2022 to $1.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sorghum seed market size is expected to grow to $2.46 billion in 2027 at a CAGR of 5.5%. The rising awareness of a healthy lifestyle coupled with the growing trend of a healthy diet is contributing to the growth of the sorghum seed market. Consumer behaviour towards healthy food consumption has shifted significantly in recent years as a result of increased awareness of health and changing lifestyles, as well as growing concerns about the benefits associated with health and wellness food. Sorghum is a nutrient-dense grain that is high in B vitamins, magnesium, potassium, phosphorus, iron, and zInc., among other vitamins and minerals. It also contains a high amount of fibre, antioxidants, and protein. For instance, according to a survey conducted by The Hindu in 2021, 70% of the participants stated that they would focus on improving overall health and immunity as well as lowering stress and anxiety by prioritising dietary changes. Thus, the rising awareness of a healthy lifestyle coupled with the growing trend of a healthy diet will drive the growth of the sorghum seed market going forward. Collaborations and partnerships have emerged as a key trend gaining popularity in the sorghum seed market. Major companies operating in the sorghum seed sector are focused on collaborations and partnerships to meet consumer demand and strengthen their position. For instance, in January 2021, National Sorghum Producers, a US-based commodity organization, partnered with Advanta Seeds, a US-based farming solutions and technology company, for grower success. The collaboration would continue to support NSP advocacy activities while putting more of an emphasis on grower productivity, profitability, and education. By doing top-notch research and development, Advanta supports NSP and sorghum farmers by offering high yielding, high-quality seed. Furthermore, in June 2020, Advanta Seeds launched iGrowth, the first herbicide-tolerant sorghum. In October 2021, Crystal Crop Protection Ltd., an India-based crop solutions company, signed a definitive agreement to acquire Cotton, Mustard, Pearl Millet, and Grain Sorghum hybrids from Bayer CropScience in India for an undisclosed amount. Through this acquisition, Crystal will strengthen its field crops seed business which includes strong brands and R&D capabilities. Bayer CropScience LLC is a Germany-based chemicals company that specialises in the development of seeds and crop protection products. Major players in the sorghum seed market are Groupe Limagrain, Chromatin Inc., Allied Seed LLC, DuPont Pioneer, Hancock Farm and Seed Company, Advanta Limited, Seed Co Limited, La Crosse Seed LLC, Sustainable Seed Company, S&W Seed Co., Monsanto, Nufarm, Dyna-Gro Seed, Proline, Heritage Seeds, Blue River Hybrids, Safal Seeds & Biotech, NexSteppe, UPL Limited, Alta Seeds, Mabele Fuels, National Sweet Sorghum Producers & Processors Assn, Richardson Seeds, Shri Lal Mahal Group, Sorghum Forum, and EuralisSemences. North America was the largest region in the sorghum seed market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sorghum seed report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the sorghum seed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sorghum seed market consists of sales of testa, embryo and endosperm. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global sorghum seed market is segmented - 1) By Product Type: Grain Sorghum, Sweet Sorghum, Forage Sorghum, Biomass Sorghum 2) By Application: Sorghum Planting, Sorghum Breeding 3) By End User: Animal Feed, Food Industry, Wine Making, Biofuel And Chemical Production, Other End Users

The canned alcoholic beverages is a premixed drink packed in a metal can. Breweries ferment barley, wheat, and other grains to produce beer, while wineries ferment grapes to make wine. The alcohol (ethanol or ethyl alcohol) in canned alcoholic beverages is the ingredient that causes drunkenness. The main products of canned alcoholic beverages are wine, RTD cocktails, and hard seltzers. The wine is manufactured from the fermented juice of grapes. The canned alcoholic beverages are available with high, medium, and low alcoholic content and are distributed through on-trade, liquor stores, online, and other distribution channels. The canned alcoholic beverages market research report is one of a series of new reports from The Business Research Company that provides canned alcoholic beverages market statistics, including canned alcoholic beverages industry global market size, regional shares, competitors with a canned alcoholic beverages market share, detailed canned alcoholic beverages market segments, market trends and opportunities, and any further data you may need to thrive in the canned alcoholic beverages industry. This canned alcoholic beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global canned alcoholic beverages market size grew from $6.29 billion in 2022 to $7.14 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The canned alcoholic beverages market size is expected to grow to $12.05 billion in 2027 at a CAGR of 14.0%. The rising demand for ready-to-eat food and beverages is expected to propel the growth of the canned alcoholic beverages market. Ready-to-eat food and beverages refer to the food and beverages that are pre-cleaned, pre-cooked, and that are used for consumption without prior cooking. The rising demand for ready-to-eat food and beverages also increases the demand for canned alcoholic beverages. For instance, according to the study conducted by Distilled Spirits Council, a United States national trade association in 2021, global consumption of ready drink (RTD) cocktails had increased by 42.3 %. Therefore, the rising demand for ready-to-eat food and beverages is anticipated to promote the growth of the canned alcoholic beverages market. Strategic partnerships and collaborations are key trends gaining popularity in the canned alcoholic beverages market. The canned alcoholic beverages manufacturers are strategically partnering and collaborating to broaden products and services. For instance, in January 2021, Diageo, a UK-based beverage company that produces canned alcoholic beverages and other leading wine, beer, and spirits producers formed a global partnership with 12 prominent e-commerce, online retailers, and delivery platforms to establish the online sale of alcohol. Also, in November 2021, Bacardi, a spirit company based in Bermuda, a British island territory partnered with Thirstie, a US-based technology company that connects beverage alcohol brands with consumers to bring Bacardi e-gift cards to the market featuring its portfolio of premium spirit brands. In November 2020, Bacardi Limited, a spirit company based in Bermuda, a British island territory acquired a 100% stake in TAILS for an undisclosed amount. Through the acquisition, Bacardi gained access to a complete range of cocktails that are produced by TAILS. TAILS serves a wide variety of modern and traditional drinks. TAILS cocktails are produced using the Bacardi range of premium brands and then pre-batched in bottles. TAILS is a UK-based company operating in canned alcoholic beverages. Major players in the canned alcoholic beverages market are Bacardi Limited, Diageo plc, Brown-Forman Corporation, AB InBev, Treasury Wine Estates, Union Wine Company, E. & J. Gallo Winery, Asahi Group Holdings Ltd., Pernod Ricard, Integrated Beverage Group LLC, Constellation Brands, Kona Brewing Co., Suntory Holdings Limited, and Barefoot Cellars. North America was the largest region in the canned alcoholic beverages market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the canned alcoholic beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the canned alcoholic beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The canned alcoholic beverages market consists of sales of waters and carbonated waters, fruit and vegetable juices and nectars, water-based flavoured carbonated and non-carbonated drinks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global canned alcoholic beverages market is segmented - 1) By Product: Wine, RTD Cocktails, Hard Seltzers 2) By Alcoholic Content: High, Medium, Low 3) By Distribution Channel: On-Trade, Liquor Stores, Online, Other Distribution Channels