North America Alcoholic Drinks Market Size & Outlook

The alcoholic drinks market in North America is expected to reach a projected revenue of US$ 995,006.0 million by 2030. A compound annual growth rate of 9.4% is expected of North America alcoholic drinks market from 2025 to 2030.
Revenue, 2024 (US$M)
$590,528.9
Forecast, 2030 (US$M)
$995,006.0
CAGR, 2025 - 2030
9.4%
Report Coverage
North America

North America alcoholic drinks market highlights

  • The North America alcoholic drinks market generated a revenue of USD 556,549.7 million in 2023.
  • The market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
  • In terms of segment, beer was the largest revenue generating type in 2023.
  • Hard Seltzer is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 556,549.7 million
Market revenue in 2030USD 1,198,597.3 million
Growth rate11.6% (CAGR from 2023 to 2030)
Largest segmentBeer
Fastest growing segmentHard Seltzer
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBeer, Spirits, Wine, Cider, Perry & Rice Wine, Hard Seltzer
Key market players worldwideAnheuser-Busch InBev SA/NV, Bacardi, Suntory Beverage & Food Ltd, Constellation Brands Inc Class A, Diageo PLC, Molson Coors Beverage Co Class A, Pernod Ricard SA, Asahi Group Holdings Ltd, Carlsberg A/S Class B


Other key industry trends

  • In terms of revenue, North America region accounted for 33.6% of the global alcoholic drinks market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 680,087.9 million by 2030.

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Alcoholic Drinks Market Companies

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North America alcoholic drinks market size, by country, 2018-2030 (US$M)

North America Alcoholic Drinks Market Outlook Share, 2024 & 2030 (US$M)

North America alcoholic drinks market size, by country, 2018-2030 (US$M)

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