Global Canned Alcoholic Beverages Market Size & Outlook
Global canned alcoholic beverages market, 2017-2030 (US$M)
Related Markets
Global canned alcoholic beverages market highlights
- The global canned alcoholic beverages market generated a revenue of USD 10,012.7 million in 2021 and is expected to reach USD 59,372.0 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 21.9% by 2030.
- In terms of segment, hard seltzers accounted for a revenue of USD 8,908.7 million in 2021.
- Hard Seltzers is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 10,012.7 million |
| Market revenue in 2030 | USD 59,372.0 million |
| Growth rate | 21.9% (CAGR from 2021 to 2030) |
| Largest segment | Hard seltzers |
| Fastest growing segment | Hard Seltzers |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wine, RTD Cocktails, Hard Seltzers |
Other key industry trends
- In terms of revenue, the North America accounted for 92.5% of the global canned alcoholic beverages market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 49.4 million by 2030.
Hard seltzers was the largest segment with a revenue share of 88.97% in 2021. Horizon Databook has segmented the Global canned alcoholic beverages market based on wine, rtd cocktails, hard seltzers covering the revenue growth of each sub-segment from 2017 to 2030.
Growing consumer inclination toward ready-to-eat and ready-to-drink products, owing to their busy lifestyles and hectic work schedules, is driving the demand for canned alcoholic beverages. The increasing working population, supported by the growing participation of women in the workforce, is anticipated to drive the market for canned alcoholic beverages.
These beverages also offer opening convenience as they do not need a corkscrew to open or glasses to drink. The individually-sized portions allow consumers to easily finish an entire can in one sitting, unlike bottled alcoholic beverages.
In terms of logistics, canned beverages offer logistical ease as they are substantially lighter than bottles and easier to handle. Glass bottles are also extremely fragile and require delicate handling. However, cans are easy to manage and they reduce the logistics cost.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Canned Alcoholic Beverages Market Scope
Canned Alcoholic Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Suntory Holdings | View profile | 10001+ | Minato, Chiba, Japan, Asia | http://suntory.com |
| Kona Brewing Company | View profile | 101-250 | Honolulu, Hawaii, United States, North America | http://konabrewingco.com |
| Integrated Beverage Group | View profile | 51-100 | Denver, Colorado, United States, North America | http://integratedbev.com/ |
| Union Wine | View profile | 1-10 | Tualatin, Oregon, United States, North America | https://unionwinecompany.com/ |
| Sula Vineyards | View profile | 501-1000 | Nasik, Maharashtra, India, Asia | http://www.sulawines.com/ |
| Bacardi | View profile | 5001-10000 | Hamilton, Hamilton, Bermuda, North America | https://www.bacardilimited.com/ |
| Anheuser-Busch InBev SA/NV | View profile | 155000 | Brouwerijplein 1, Leuven, Belgium, 3000 | https://www.ab-inbev.com |
| E & J Gallo Winery | View profile | 5001-10000 | Modesto, California, United States, North America | http://www.ejgallo.com |
| Treasury Wine Estates Ltd | View profile | 2600 | 161 Collins Street, Level 8, Melbourne, VIC, Australia, 3000 | https://www.tweglobal.com |
| Asahi Group Holdings Ltd | View profile | 34728 | 1-23-1, Azumabashi, Sumida-ku, Tokyo, Japan, 130-8602 | http://www.asahigroup-holdings.com |
| Brown-Forman Corp Class A | View profile | 5600 | 850 Dixie Highway, Louisville, KY, United States, 40210 | https://www.brown-forman.com |
| Constellation Brands Inc Class A | View profile | 10600 | 207 High Point Drive, Building 100, Victor, New York, NY, United States, 14564 | https://www.cbrands.com |
| Diageo PLC | View profile | 30269 | 16 Great Marlborough Street, London, United Kingdom, W1F 7HS | https://www.diageo.com |
| Pernod Ricard SA | View profile | 20617 | 5, Cours Paul Ricard, Paris, France, 75008 | https://www.pernod-ricard.com |
Global canned alcoholic beverages market size, by regions, 2017-2030 (US$M)
Top 10 countries: Canned alcoholic beverages market size, 2021 (US$M)
Global canned alcoholic beverages market share, by product, 2021 & 2030 (%, US$M)
Canned alcoholic beverages market: Opportunity assessment by country
Global canned alcoholic beverages market, by region, 2021 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
