Global Alcoholic Drinks Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Beer, Wine, Spirits, RTD Pre-Mixes, Grocery Shops, and Others.

By Distribution Channel;

Supermarkets and Hypermarkets, Convenience Stores, Others, and Online.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn605036166 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Alcoholic Drinks Market (USD Million), 2021 - 2031

In the year 2024, the Global Alcoholic Drinks Market was valued at USD 1,156,012.71 million. The size of this market is expected to increase to USD 1,597,571.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.

The global alcoholic drinks market is a dynamic and diverse sector encompassing a wide range of beverages consumed worldwide. Alcoholic drinks are categorized into beer, wine, spirits, and other beverages, each with distinct characteristics, production methods, and consumer preferences. Beer, one of the oldest and most widely consumed alcoholic beverages, dominates the market by volume, offering a variety of styles from light lagers to robust ales and craft brews. Brewed from malted barley and other grains, beer enjoys global popularity in social settings, sporting events, and casual dining occasions, driven by its refreshing taste and cultural significance across different regions.

Wine, derived from fermented grapes or other fruits, represents a premium segment within the alcoholic drinks market, known for its rich flavors, regional terroir, and diverse styles. Red, white, rosé, and sparkling wines cater to varying consumer tastes and preferences, with regions like Europe—particularly France, Italy, and Spain—leading in production and cultural heritage. The wine market is characterized by trends towards premiumization, organic and sustainable practices, and a growing appreciation for artisanal craftsmanship and unique vineyard expressions.

Spirits, including whiskey, vodka, rum, gin, and other distilled beverages, offer distinctive flavors and cultural histories that appeal to connoisseurs and enthusiasts globally. Whiskey, renowned for its complex flavors and aging processes, enjoys strong markets in North America and Europe, with varieties like Scotch and Bourbon leading in consumer preferences. Vodka, favored for its versatility in cocktails, is popular in Eastern Europe and increasingly adopted worldwide. The spirits market is marked by premiumization trends, innovative product launches, and consumer demand for high-quality, craft-distilled offerings that reflect heritage and authenticity.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Alcoholic Drinks Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Disposable Income
        2. Rising Demand for Premium and Craft Beverages
        3. Expanding Distribution Channels
        4. Cultural Shifts Towards Socializing
      2. Restraints
        1. Health and Wellness Trends
        2. Taxation and Pricing Policies
        3. Impact of Global Pandemics
        4. Competition from Non-Alcoholic Beverages
      3. Opportunities
        1. Innovation in Flavors and Packaging
        2. Growing Demand for Low-Alcohol and No-Alcohol Beverages
        3. E-commerce and Direct-to-Consumer Channels
        4. Sustainability Initiatives and Eco-Friendly Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Alcoholic Drinks Market , By Type, 2021 - 2031 (USD Million)
      1. Beer
      2. Wine
      3. Spirits
      4. RTD Pre-Mixes
      5. Cider
      6. Grocery Shops
      7. Others
    2. Global Alcoholic Drinks Market , By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets and Hypermarkets
      2. Convenience Stores
      3. Others
      4. Online
    3. Global Alcoholic Drinks Market , By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Anheuser Busch InBev SA/NV
      2. Bacardi Global Brands Ltd
      3. Beam Suntory Inc
      4. Carlsberg Group
      5. Constellation Brands Inc
      6. Diageo Plc
      7. E & J Gallo Winery
      8. Heineken NV
      9. Molson Coors Brewing
  7. Analyst Views
  8. Future Outlook of the Market