Market Overview:

This report presents an extensive evaluation of the US Alcoholic Drinks Market, focusing on historical data from 2019 to 2022 while offering detailed forecasts for the period between 2024 to 2030. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.

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Table of Contents (US Alcoholic Drinks Market)

1. Executive Summary
2. Market Definition & Research Methodology
3. Market Dynamics: Drivers, Challenge, Trend and Opportunities
4. Segment Analysis and Geographical Breakdown
5. Competitive Landscape & Strategic Initiatives
6. Regulatory Environment & Policy Factors
7. Growth Forecast Model (2024–2030)
8. Appendix: Company Profiles, Data Sources, Methodology

What’s covered in the report?

Market Key Driver:

Rise of Craft Alcoholic Drinks Driving Market Growth – Craft beer manufacturers are leveraging its unique and various flavors, and higher quality and content of raw materials (malt and hops), to woo the customers in the US. The companies operating in this segment have been using innovative modes of marketing and advertising which are well-targeted at consumers under the age group of 40 years. These campaigns have positively influenced the customers in this age group. As a result, the total number of craft breweries in the US soared at a healthy CAGR during 2019-23, craft beer continued to record strong volume growth momentum. In 2023, craft beer's market share exceeded 15%, recording a substantial growth from around 9% in 2019. Craft alcoholic drink suppliers have also introduced multiple products to expand customer footprints, which is driving revenue growth of the alcoholic drinks industry in the country.

Moreover, some manufacturers are trying to enhance their revenue and market share through the introduction of novel craft alcoholic drink products which is helping in the overall growth & expansion of the industry in the country. For instance,

• In 2024, New Belgium and BIRA 91 partnered to launch Chutney Sour Craft Beer for Indian customers in the country.
• In 2024, Pilot Project Brewing announced its plans to introduce British Craft Beer in the US.

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Leading players of US Alcoholic Drinks Market including:

Add Company.

US Alcoholic Drinks Market Segmentation:

By Product

• Beer
• Spirits
• Wine
• Cider
• RTDs
• Others

The spirits segment in the US Alcoholic Drinks Market is currently dominating due to the availability of a superior variety of product ranges.

By Alcohol Content

• High
• Medium
• Low

By Packaging

• Metal Cans
• Glass
• Fiber Bottles
• Others

By Distribution

• On-Trade
  • Bars
  • Restaurants
  • Pubs

Currently, the off-trade segment dominates the US market due to the increasing consumer preference towards at-home consumption, accelerated by the pandemic for their convenience.

• Off-Trade
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailers

By Region

• Northeast
• Midwest
• West
• Southeast
• Southwest

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Key Highlights of MarkNtel Advisors' Research Methodology

• MarkNtel Advisors uses a robust methodology for accurate market analysis.
• Research objectives are clearly defined with tailored methodologies for clients.
• A representative sample is selected to ensure reliable data collection.
• Data analysis includes cleaning, statistical evaluations, and validation checks.
• Predictive modeling forecasts trends, and reports include strategic recommendations.

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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