US Alcoholic Drinks Market is Projected to Grow at a CAGR of 2.3% from 2024-30| MarkNtel Advisors

Overview of the US Alcoholic Drinks Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “US Alcoholic Drinks Market By Product (Beer, Spirits, Wine, Cider, RTDs, Others), By Alcohol Content (High, Medium, Low), By Packaging (Metal Cans, Glass, Fiber Bottles, Others),By Distribution (On-Trade, [Bars, Restaurants, Pubs], Off-Trade, [Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retailers]) and Others, The US Alcoholic Drinks Market size is valued at around USD 415 billion in 2024 & is expected to grow at a CAGR of around 2.3% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

US Alcoholic Drinks Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-30): 2.3%

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The US Alcoholic Drinks Market Trend:

Growing Premiumization of Alcoholic Drinks in the Nation – The premiumization of alcoholic drinks is now masked with consumption reduction as “low is much better” seems to be continuing. Growing purchasing power, and discretionary spending on limited edition alcoholic products is likely to boost the premumization. Age statements and growing traction towards vintage spirits will largely drive hyper-premium purchasing habits and the ever-growing secondary market, while producers will embrace unique blending, and novel malts to produce captivating whiskies. In beer, premiumization is expected to continue to drive revenue growth in the industry, with many of the more promising new offerings occupying the craft or premium lager segments in the United States. The new launches during 2021-24 such as Samuel Adams’ introduction of American Light, Heineken’s Silver, and Braxton’s Garage Beer, etc., are anticipated to seize the interest of consumers preferring low alcohol, low carb, and high-quality ingredient lagers.

A Comprehensive Analysis of Leading Companies of US Alcoholic Drinks Market by MarkNtel Advisors:

Anheuser-Busch InBev NV
Molson Coors Brewing Co
Constellation Brands Inc.
E&J Gallo Winery Inc.
Mark Anthony Group Inc.
Heineken NV
Boston Beer Co Inc.
Diageo Plc
Blue Ribbon Intermediate Holdings LLC
The Wine Group Inc.
Others

Key US Alcoholic Drinks Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/us-alcoholic-drinks-market.html

-By Distribution

On-Trade
Off-Trade

Currently, the off-trade segment dominates the US market due to the increasing consumer preference towards at-home consumption, accelerated by the pandemic for their convenience.

-By Product

Beer
Spirits
Wine
Cider
RTDs
Others

The spirits segment in the US Alcoholic Drinks Market is currently dominating due to the availability of a superior variety of product ranges.

-By Alcohol Content

High -Market Size & Forecast 2019-2030, USD Million & Million Liters
Medium -Market Size & Forecast 2019-2030, USD Million & Million Liters
Low-Market Size & Forecast 2019-2030, USD Million & Million Liters

-By Packaging

Metal Cans -Market Size & Forecast 2019-2030, USD Million & Million Liters
Glass -Market Size & Forecast 2019-2030, USD Million & Million Liters
Fiber Bottles -Market Size & Forecast 2019-2030, USD Million & Million Liters
Others-Market Size & Forecast 2019-2030, USD Million & Million Liters

Geographical Analysis

-By Region

Northeast - Market Size & Forecast 2019-2030, USD Million & Million Liters
Midwest - Market Size & Forecast 2019-2030, USD Million & Million Liters
West - Market Size & Forecast 2019-2030, USD Million & Million Liters
Southeast - Market Size & Forecast 2019-2030, USD Million & Million Liters
Southwest- Market Size & Forecast 2019-2030, USD Million & Million Liters

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Key Reports Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 2.30+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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