The global alcoholic beverages market share was valued at USD 1,616.59 Billion in 2024 and is projected to reach USD 1,996.7 Billion by 2033, exhibiting a CAGR of 2.30% during the forecast period of 2025-2033. Europe dominates the market with over 45.0% share in 2024, driven by cultural norms, established production facilities, and stable demand for premium wines, beers, and spirits. Growing...

The global alcoholic beverages market Trends was valued at USD 1,616.59 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,996.7 Billion by 2033, exhibiting a CAGR of 2.30% during 2025-2033. Europe currently dominates the market, holding a significant market share of over 45.0% in 2024. The market is experiencing steady growth driven...

IMARC Group has recently released a new research study titled “South Korea Alcoholic Beverages Market Report by Product Type (Beer, Wine, Spirits, and Others), Alcoholic Content (High, Medium, Low), Flavour (Unflavored, Flavored), Packaging Type (Glass Bottles, Tins, Plastic Bottles, and Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Speciality Stores,...