Global Flavored Alcohol Market Size study, by Type, by Flavor, By Distribution Channel and Regional Forecasts 2022-2032

Description

List of Tables

Global Flavored Alcohol Market is valued at approximately USD 26.52 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.69% over the forecast period 2024-2032. The flavored alcohol market is growing rapidly in the beverage industry, providing a broad range of infused spirits with flavors spanning from fruits to spices. This category has become a hit among consumers inclined for innovative and adventurous drinking experiences. With its extensive variety and adaptability in cocktails, flavored alcohol remains highly appealing in the market, opening up opportunities for both manufacturers and consumers. In the past decade, flavored alcoholic beverages have emerged as leading export commodities in both developed and developing nations. Despite increasing health consciousness, consumer preferences exhibit continual subtle shifts and evolution. To maintain a competitive edge in the Global Flavored Alcohol Market, manufacturers must remain abreast of emerging trends and adapt their offerings accordingly.

Changing consumer preferences significantly drives the growth of the Global Flavored Alcohol market. Particularly, modern consumers, notably millennials and Generation Z, seek unique beverage experiences, favoring novelty over traditional options. Flavored alcoholic drinks cater to these preferences by offering a diverse array of flavors, including fruity, spicy, herbal, and unconventional combinations. Consumers value the sensory experience, including textures and scents, provided by flavored options, propelling market expansion as producers innovate to capture consumer interest. However, Nevertheless, stringent government regulations aimed at curbing underage drinking, coupled with high taxation and the elevated costs of premium or super-premium flavored alcoholic beverages, along with bans on alcohol sales in certain regions, alongside the rise of non-alcoholic beverages, may impede the growth of the Global Flavored Alcohol market throughout the forecast period spanning 2022-2032.

The key regions considered for the global Flavored Alcohol market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Europe was the largest regional market in terms of revenue. The region's leadership is propelled by a growing contingent of millennials who exhibit a keen interest in craft beers, drawn to their fresh and innovative flavors, and enticed by the inviting atmosphere of microbreweries and brewpubs. Additionally, the rising popularity of specialty beer, particularly craft beer, further fuels demand. The European Union Beer data underscores this trend, with 9,500 operational breweries in 2020, a notable increase from the previous year. The influx of approximately 6,000 new breweries in 2021 underscores the sector's dynamism. To capitalize on this trend, key industry players such as Anheuser-Busch InBev are recalibrating their strategies, positioning craft beers as pivotal elements of their growth agendas. Whereas, Asia Pacific is estimated to grow at the fastest CAGR over the forecast period of 2024-2032.

Major market player included in this report are:

Davide Campari-Milano N.V.
Diageo PLC
Halewood International Limited
Asahi Group Holdings, Ltd.
Accolade Wines
Bacardi Limited
Mike's Hard Lemonade Co.
Castel Group
Suntory Holdings Limited
Anheuser-Busch InBev SA/NV
The Brown-Forman Corporation

The detailed segments and sub-segment of the market are explained below:

By Type

Whiskey
Rum
Vodka
Tequila
Gin
Others

By Flavor

Herbs & Spices
Fruits
Nuts & Seeds
Others

By Distribution Channel

Supermarket/Hypermarket
Specialty Retailers
Convenience Stores
E-Commerce
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Flavored Alcohol Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Flavored Alcohol Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By Flavor
- 2.3.3. By Distribution Channel
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Flavored Alcohol Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Flavored Alcohol Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Flavored Alcohol Market Size & Forecasts by Type 2022-2032

5.1. Whiskey
5.2. Rum
5.3. Vodka
5.4. Tequila
5.5. Gin
5.6. Others

Chapter 6. Global Flavored Alcohol Market Size & Forecasts by Flavor 2022-2032

6.1. Herbs & Spices
6.2. Fruits
6.3. Nuts & Seeds
6.4. Others

Chapter 7. Global Flavored Alcohol Market Size & Forecasts by Distribution Channel 2022-2032

7.1. Supermarket/Hypermarket
7.2. Specialty Retailers
7.3. Convenience Stores
7.4. E-Commerce
7.5. Others

Chapter 8. Global Flavored Alcohol Market Size & Forecasts by Region 2022-2032

8.1. North America Flavored Alcohol Market
- 8.1.1. U.S. Flavored Alcohol Market
  - 8.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Flavor breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Distribution Channel breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Flavored Alcohol Market
8.2. Europe Flavored Alcohol Market
- 8.2.1. U.K. Flavored Alcohol Market
- 8.2.2. Germany Flavored Alcohol Market
- 8.2.3. France Flavored Alcohol Market
- 8.2.4. Spain Flavored Alcohol Market
- 8.2.5. Italy Flavored Alcohol Market
- 8.2.6. Rest of Europe Flavored Alcohol Market
8.3. Asia-Pacific Flavored Alcohol Market
- 8.3.1. China Flavored Alcohol Market
- 8.3.2. India Flavored Alcohol Market
- 8.3.3. Japan Flavored Alcohol Market
- 8.3.4. Australia Flavored Alcohol Market
- 8.3.5. South Korea Flavored Alcohol Market
- 8.3.6. Rest of Asia Pacific Flavored Alcohol Market
8.4. Latin America Flavored Alcohol Market
- 8.4.1. Brazil Flavored Alcohol Market
- 8.4.2. Mexico Flavored Alcohol Market
- 8.4.3. Rest of Latin America Flavored Alcohol Market
8.5. Middle East & Africa Flavored Alcohol Market
- 8.5.1. Saudi Arabia Flavored Alcohol Market
- 8.5.2. South Africa Flavored Alcohol Market
- 8.5.3. Rest of Middle East & Africa Flavored Alcohol Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Davide Campari-Milano N.V.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Diageo PLC
- 9.3.3. Halewood International Limited
- 9.3.4. Asahi Group Holdings, Ltd.
- 9.3.5. Accolade Wines
- 9.3.6. Bacardi Limited
- 9.3.7. Mike's Hard Lemonade Co.
- 9.3.8. Castel Group
- 9.3.9. Suntory Holdings Limited
- 9.3.10. Anheuser-Busch InBev SA/NV
- 9.3.11. The Brown-Forman Corporation

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Flavored Alcohol market, report scope
TABLE 2. Global Flavored Alcohol market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Flavored Alcohol market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 4. Global Flavored Alcohol market estimates & forecasts by Flavor 2022-2032 (USD Billion)
TABLE 5. Global Flavored Alcohol market estimates & forecasts by Distribution Channel 2022-2032 (USD Billion)
TABLE 6. Global Flavored Alcohol market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Flavored Alcohol market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Flavored Alcohol market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Flavored Alcohol market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Flavored Alcohol market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Flavored Alcohol market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Flavored Alcohol market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Flavored Alcohol market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Flavored Alcohol market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Global Flavored Alcohol market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. U.S. Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. U.S. Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. Canada Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Canada Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. UK Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. UK Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. UK Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Germany Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Germany Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Germany Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. France Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. France Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. France Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. Italy Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. Italy Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Italy Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. Spain Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 35. Spain Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. Spain Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 37. RoE Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 38. RoE Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. RoE Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 40. China Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 41. China Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. China Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 43. India Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 44. India Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. India Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 46. Japan Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 47. Japan Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Japan Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 49. Australia Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 50. Australia Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. Australia Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 52. South Korea Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 53. South Korea Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54. South Korea Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 55.
TABLE 56. RoAPAC Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 57. RoAPAC Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. RoAPAC Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 59. Brazil Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 60. Brazil Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Brazil Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 62. Mexico Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 63. Mexico Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. Mexico Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 65. RoLA Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 66. RoLA Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. RoLA Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. Saudi Arabia Flavored Alcohol market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 71. South Africa Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 72.
TABLE 73. South Africa Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. South Africa Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. RoMEA Flavored Alcohol market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 78. List of secondary sources, used in the study of Global Flavored Alcohol Market.
TABLE 79. List of primary sources, used in the study of Global Flavored Alcohol Market.
TABLE 80. Years considered for the study.
TABLE 81. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Flavored Alcohol market, research methodology
FIG 2. Global Flavored Alcohol market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Flavored Alcohol market, key trends 2023
FIG 5. Global Flavored Alcohol market, growth prospects 2022-2032
FIG 6. Global Flavored Alcohol market, porters 5 force model
FIG 7. Global Flavored Alcohol market, pestel analysis
FIG 8. Global Flavored Alcohol market, value chain analysis
FIG 9. Global Flavored Alcohol market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Flavored Alcohol market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Flavored Alcohol market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Flavored Alcohol market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Flavored Alcohol market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Flavored Alcohol market, regional snapshot 2022 & 2032
FIG 15. North America Flavored Alcohol market 2022 & 2032 (USD Billion)
FIG 16. Europe Flavored Alcohol market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Flavored Alcohol market 2022 & 2032 (USD Billion)
FIG 18. Latin America Flavored Alcohol market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Flavored Alcohol market 2022 & 2032 (USD Billion)
FIG 20. Global Flavored Alcohol market, company market share analysis (2023)