(Entertainment-NewsWire.com, April 18, 2018 ) Publisher’s market study identifies the premiumization of drinks as one of the primary factors that will have positive impact on the growth of the alcoholic drinks market during the next few years. Consumers are increasingly demanding premium drinks since premium alcoholic drinks provide better taste and smoothness. Additionally, consumers are also consuming premium alcoholic beverages as a status symbol. This is inducing alcoholic drinks manufacturers to develop products under the premium alcoholic drinks segment. Our market research analysts estimate that this market will generate a revenue of almost USD 1.7 trillion by 2021.
The rise in health awareness and the trend of following healthier lifestyles is encouraging consumers to demand for alcoholic drinks with a low volume of alcohol and lighter alcoholic drinks that pose less health risks. Alcoholic drinks manufacturers are offering light alcoholic drinks and flavored cocktails that are low in calorie and alcohol content. Heineken launched its first non-alcohol beer in 2013 and later expanded it to more than 40 markets. According to our industry research report, the demand for non-alcoholic and low-alcoholic drinks will be one of the major trends that will gain traction in the alcoholic drinks market.
Publisher's report, Global Alcoholic Drinks Market 2017-2021, 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.
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