Global Alcoholic Beverages Market to Be Driven by Rise in Per Capita Income Across Emerging Economies

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Alcoholic Beverage Market - Global USD 4315.5
Industry Analysis, Size, Share,
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A new market research report by Transparency Market Research, titled “Alcoholic Beverage Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 – 2021,” offers a comprehensive overview of the global alcoholic beverage
market. The report points out the key factors affecting the growth of the market and estimates the growth and valuation of the
market by the end of 2021. The impact of Porter’s five forces on the growth of the market has been also analyzed. The report
studies the overall market on the basis of product type and region. Profiles of some of the key market players have been
included in the report.
Alcoholic beverages refer to beverages containing alcohol. In the past couple of years, alcoholic beverages have gained huge
popularity among consumers. Rise in the disposable income across emerging economies has contributed significantly towards
the growth of the global alcoholic beverage market. During the period between 2015 and 2021, the market is anticipated to
witness moderate growth owing to strengthened distribution channels adopted by market players, including online stores.
However, increase in the prices of raw materials, availability of non-alcoholic beverages as substitutes, and the intense
competition among key market players are expected to hinder the growth of the market during the forecast period.
In terms of product...