Alcoholic beverages are broadly categorized into three types: beer, spirits (distilled beverages), and wine. Beer is the most widely consumed Alcoholic Beverage in the world. It is brewed from malted cereals, predominantly barley and wheat, which are mashed and the resultant liquid fermented with yeast. Hops are then added as a preservative and to impart flavor.
Technavios analysts forecast the alcoholic beverages market in the US to grow at a CAGR of 3.51% by revenue, during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the alcoholic beverages market in the US 2016-2020. To calculate the market size, the report considers the revenue from the retail sales of alcoholic beverages in the country. It also includes the market size based on volume, which has been calculated based on the retail consumption of alcoholic beverages.
Technavio's report, Alcoholic Beverage Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors Anheuser-Busch InBev D.G. Yuengling & Son MillerCoors Pabst Brewing The Boston Beer Company Bacardi Beam Suntory Brown-Forman Diageo Pernod Ricard Bronco Wine Company Constellation Brands E.& J. Gallo Wine Company Treasury Wine Estates The Wine Group
Other prominent vendors Altitude Spirits Blue Ice Vodka Fifth Generation Gruppo Campari Harpoon Brewery Heaven Hill Brands Lagunitas Brewing Matt Brewing McCormick Distilling Minhas Craft Brewery North West Distillery Oskar Blues Brewing RS Lipman Two James Spirits
Market driver Increasing number of wineries, breweries, and distilleries For a full, detailed list, view our report
Market challenge High taxation For a full, detailed list, view our report
Market trend Increasing demand for craft beer For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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