Europe Alcoholic Beverage Market (2024-2030) | Forecast, Size, Share, Analysis, Value, Growth, Outlook, Industry, Trends, Revenue & Companies

Europe Alcoholic Beverage Market Highlights

Report Name	Europe Alcoholic Beverage Market
Forecast period	2024-2030
CAGR	5.3%
Growing Sector	Beverages

Topics Covered in the Europe Alcoholic Beverage Market Report

The Europe Alcoholic Beverage Market report diversely covers the market by type, distribution channels, packaging and countries. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers that would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

Europe Alcoholic Beverage Market Synopsis

The Europe Alcoholic Beverage Market is projected to witness significant growth in the forecast period. The economic growth, rising disposable incomes, evolving regulatory landscapes and changing consumer preferences are driving growth in the market.

According to 6Wresearch, the Europe Alcoholic Beverage Market is expected to grow at a CAGR of 5.3% during the forecast period. The growth in the market is fueled by strong preference for premium and high-quality products, rising disposable incomes and increasing consumer interest in artisanal and craft beverages. Different and innovative products, such as unique spirits, craft beers, and specialty wines are further stimulating market growth. The expanding presence of retail channels, including e-commerce, also increases availability further driving growth in the market. Additionally, economic growth and growing proportion of young population across the region contribute to a favourable environment for the continued expansion of the market.

Despite the growth in the market, the Europe Alcoholic Beverage Market is facing certain challenges that can hinder its growth in the forecast period. The primary challenge is the high competition in the market. Additionally, rising health consciousness and increasing demand for low-alcohol and non-alcoholic alternatives pose challenges to traditional alcoholic beverage sales.

Europe Alcoholic Beverage Market: Key Players

The leading players in the market include Anheuser-Busch InBev, Heineken N.V., Carlsberg Group and Krombacher Brewery. These companies are consistently investing in Research and Development activities to develop innovative products and expand their market reach. Currently, Heineken N.V. holds the largest share in the market.

Europe Alcoholic Beverage Market: Government Regulations

Government regulations play a crucial role in shaping the Alcoholic Beverages market in Europe. Companies must obtain licences and permits for production, distribution, and sale. The requirements and processes differ by country in Europe. Additionally, Alcoholic beverages are subject to excise duties, which can be high and vary by country and type of beverage. These taxes impact the final pricing of products. Minimum drinking ages and sales regulations, such as restricted hours and locations, are enforced to manage consumption. There are regulations that restrict the sale hours for these beverages.

Future Insights of the Market

The Europe Alcoholic Beverage Market has been experiencing significant growth in recent years and is expected to continue its growth trajectory in the coming years. The Europe Alcoholic Beverage Market is expected to witness growth in the coming years due to changing consumer preferences, rising disposable income and increased consumer spending. Premiumization will continue to drive growth, as consumers increasingly seek high-quality and artisanal products, including craft beers, premium spirits, and fine wines. Innovation in product offerings, such as low-alcohol and non-alcoholic beverages, will cater to growing health-conscious trends and changing consumer preferences. The expansion of e-commerce and modern retail channels will also increase market accessibility and convenience, further propelling the market growth.

Market Segmentation By Types

According to Dhaval, Research Manager, 6Wresearch, wine is expected to hold the dominant share in the market in the coming years owing to rising consumer preferences towards drinks with low alcoholic concentration.

Market Segmentation by Distribution Channels

Online retail stores will dominate distribution in the market due to rising e-commerce platforms across the region.

Market Segmentation By Packaging

Glass bottles are expected to hold the dominant share in the market due to their premium appeal and preference for quality preservation, particularly in wine and spirits segments.

Market Segmentation By Countries

France is expected to register the dominant share in the market owing to rising demand for wines and other premium drinks in the country.

Key Attractiveness of the Report

• 10 Years Market Numbers
• Historical Data Starting from 2020 to 2023
• Base Year: 2023
• Forecast Data until 2030
• Key Performance Indicators Impacting the Market
• Major Upcoming Projects and Developments

Key Highlights of the Report:

• Europe Alcoholic Beverage Market Overview
• Europe Alcoholic Beverage Market Outlook
• Europe Alcoholic Beverage Market Forecast
• Historical Data of Europe Alcoholic Beverage Market Revenues & Volume for the Period 2020-2030
• Europe Alcoholic Beverage Market Size and Europe Alcoholic Beverage Market Forecast of Revenues & Volume, Until 2030
• Historical Data of Europe Alcoholic Beverage Market Revenues & Volume, By Types, for the Period 2020-2030
• Market Size & Forecast of Europe Alcoholic Beverage Market Revenues & Volume, By Types, Until 2030
• Historical Data of Europe Alcoholic Beverage Market Revenues & Volume, By Packaging, for the Period 2020-2030
• Market Size & Forecast of Europe Alcoholic Beverage Market Revenues & Volume, By Packaging, Until 2030
• Historical Data of Europe Alcoholic Beverage Market Revenues & Volume, By Distribution Channels, for the Period 2020-2030
• Market Size & Forecast of Europe Alcoholic Beverage Market Revenues & Volume, By Distribution Channels, Until 2030
• Historical Data of Spain Alcoholic Beverage Market Revenues & Volume, for the Period 2020-2030
• Market Size & Forecast of Spain Alcoholic Beverage Market Revenues & Volume, Until 2030
• Historical Data of Italy Alcoholic Beverage Market Revenues & Volume, for the Period 2020-2030
• Market Size & Forecast of Italy Alcoholic Beverage Market Revenues & Volume, Until 2030
• Historical Data of France Alcoholic Beverage Market Revenues & Volume, for the Period 2020-2030
• Market Size & Forecast of France Alcoholic Beverage Market Revenues & Volume, Until 2030
• Historical Data of Germany Alcoholic Beverage Market Revenues & Volume, for the Period 2020-2030
• Market Size & Forecast of Germany Alcoholic Beverage Market Revenues & Volume, Until 2030
• Historical Data of UK Alcoholic Beverage Market Revenues & Volume, for the Period 2020-2030
• Market Size & Forecast of UK Alcoholic Beverage Market Revenues & Volume, Until 2030
• Market Drivers and Restraints
• Europe Alcoholic Beverage Market Price Trends
• Europe Alcoholic Beverage Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Europe Alcoholic Beverage Market Share, By Players
• Europe Alcoholic Beverage Market Share, By Regions
• Europe Alcoholic Beverage Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Segmentation

The market study offers an exhaustive analysis of the following market segments:

By Types

• Beer
• Spirit
• Wine

By Packaging

• Plastic Bottles
• Glass Bottles
• Cans

By Distribution Channels

• Hypermarkets/Supermarkets
• Online Retail Stores
• Specialty Stores
• Restaurants/Bars

By Countries

• Spain
• Italy
• France
• Germany
• UK
• Rest Of Europe