Global Alcoholic Infused Sparkling Water Market: Overview
With the massive use of real fruits in alcoholic carbonated water, it is more likely that alcoholic infused sparkling water industry will gain demand over the years ahead. Additionally, more consumers have become aware of the beverages along with the nutritional ingredients and this is set to enlarge the popularity of the alcoholic infused sparkling water in the years ahead.
Global Alcoholic Infused Sparkling Water Market: Growth Factors
Low carb specifications, as well as low-calorie content found in alcoholic carbonated water, are anticipated to accelerate the expansion of alcoholic infused sparkling water market in the near future. In addition to this, after-work drinking culture has garnered momentum and this has resulted in the enhanced intake of alcohol among the women working as managers & professionals. Furthermore few of the alcohol beverage producers such as Boston Beer are trying to introduce a new type of alcoholic infused sparking water for women. All these aforementioned factors are likely to expedite the market expansion in the years to come. Massive demand for gluten-free alcoholic beverages will impact the market surge across the globe within the next couple of years.
Moreover, the increase in the trend of the youth as well as adults towards alcohol intake will benefit the alcoholic infused sparkling water industry in the years ahead. Apart from this, a paradigm shift witnessed in the manufacturing process will also play a major role in favorably influencing the market growth. However, strict laws regulating the use of the product can inhibit the industry surge in the future.
Global Alcoholic Infused Sparkling Water Market: Segmentation
The overall alcoholic infused sparkling water market can be classified based on the distribution channel and end-user. Based on the distribution channel, the alcoholic infused sparkling water industry is sectored into on-premise and off-premise distribution channels. Among these distribution channel segments, the off-premise distribution channel segment is likely to dominate the overall industry growth during the review period. On the basis of end-user, the industry is divided into online sales and offline sales.
Global Alcoholic Infused Sparkling Water Market: Regional Analysis
Based on regions, the overall alcoholic infused sparkling water market can be divided into four main regions: Europe, Asia Pacific, North America, and Latin America. Regionally, North American market is projected to witness an exponential growth over the anticipated timespan, subject to massive liquor consumption in the countries like the U.S. Additionally, huge presence of manufacturers in the countries like the U.S. along with the consideration of the product as a wellness drink in the region will enhance the market penetration in North America.
Moreover, the European region is also likely to make remarkable contributions towards the overall market size in the years to come. The regional growth can be credited to the massive popularity of the product among the health-conscious individuals due to its low-calorie contents as well as gluten-free constituents.
Global Alcoholic Infused Sparkling Water Market: Competitive Players
Some of the key players in alcoholic infused sparkling water industry include Molson Coors Brewing, Boston Beer, Wachusett Brewing, Anheuser-Busch InBev, and Constellation Brands.
Global Alcoholic Infused Sparkling Water Market: Regional Segment Analysis
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