Hard Seltzer Market Size & Growth

 

The data examined by GME predicted that by 2026, the Global Hard Seltzer Market would grow with a CAGR value of 16.2 percent. Rapid urbanization, shifting habits, high per capita income, rising alcoholic beverage intake patterns, and a growing trend of hard seltzer among the younger generation are all factors driving hard seltzer production.

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By ABV Content (1.0% To 4.9%, 5.0% To 6.9%), By Distribution Channel (On-trade, Off-trade), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Key Market Insights

·       The global hard seltzer market has seen a rise in customer demand for flavored alcoholic beverages as a result of the growing prevalence of alcoholic drinks among millennial and the younger generation

·       In 2020, hard seltzer with an alcohol by volume (ABV) of 5.0 to 6.9% added the most to global sales and became the top market segment.

·       In 2019, off-trade accounted for the majority of global sales in the hard seltzer market.

·       Future Proof Brands LLC, Boathouse Beverage Co., Barefoot Cellars, Kona Brewing Co, Blue Marble, Ficks & Co., High Noon Spirits Company, Cutwater Spirits, Anheuser-Busch InBev, and Lift Bridge Brewing Co are the major vendors competing in the hard seltzer market.

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ABV Content Outlook (Revenue, USD Million, 2021-2026)

• 1.0% to 4.9%
• 5.0% to 6.9%
• Others

Distribution Channel Outlook (Revenue, USD Million, 2021-2026)

• On-Trade
• Off-Trade

Regional Outlook (Revenue, USD Million, 2021-2026)

North America                                                                                 

• The U.S.
• Canada
• Mexico

Europe

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

 

Asia Pacific

• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC

Central & South America

• Brazil
• Argentina
• Rest of CSA

Middle East & Africa

• Saudi Arabia
• UAE
• Rest of MEA

 

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