Germany Canned Alcoholic Beverages Market Size & Outlook
Germany canned alcoholic beverages market, 2017-2030 (US$M)
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Germany canned alcoholic beverages market highlights
- The Germany canned alcoholic beverages market generated a revenue of USD 54.5 million in 2021 and is expected to reach USD 244.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 18.1% from 2022 to 2030.
- In terms of segment, rtd cocktails was the largest revenue generating product in 2021.
- Hard Seltzers is the most lucrative product segment registering the fastest growth during the forecast period.
Canned alcoholic beverages market data book summary
| Market revenue in 2021 | USD 54.5 million |
| Market revenue in 2030 | USD 244.4 million |
| Growth rate | 18.1% (CAGR from 2021 to 2030) |
| Largest segment | Rtd cocktails |
| Fastest growing segment | Hard Seltzers |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wine, RTD Cocktails, Hard Seltzers |
| Key market players worldwide | Bacardi, Diageo PLC, Brown-Forman Corp Class A, Anheuser-Busch InBev SA/NV, Treasury Wine Estates Ltd, Asahi Group Holdings Ltd, Pernod Ricard SA, E & J Gallo Winery, Constellation Brands Inc Class A, Sula Vineyards, Union Wine, Integrated Beverage Group, Kona Brewing Company, Suntory Holdings |
Other key industry trends
- In terms of revenue, Germany accounted for 0.5% of the global canned alcoholic beverages market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK canned alcoholic beverages market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,365.7 million by 2030.
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Canned Alcoholic Beverages Market Scope
Canned Alcoholic Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany canned alcoholic beverages market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to canned alcoholic beverages market will help companies and investors design strategic landscapes.
Rtd cocktails was the largest segment with a revenue share of 72.48% in 2021. Horizon Databook has segmented the Germany canned alcoholic beverages market based on wine, rtd cocktails, hard seltzers covering the revenue growth of each sub-segment from 2017 to 2030.
The Germany canned alcoholic beverages market growing consumption and trade of alcohol in Germany is expected to drive the demand for canned alcoholic beverages over the coming years. As stated by the World Health Organization, Germany ranked fourth across the globe in per capita alcohol consumption. However, the rising ill-effects of alcohol consumption on consumer health in the country stimulated governing bodies to impose regulations on alcohol consumption.
According to the German Nutrition Society (DGE), tolerable weekly alcohol consumption is 70 grams for women and 140 grams for men. With growing awareness about alcohol quantity intake, consumers have been shifting to ready-to-drink (RTD) beverages with relatively lesser alcohol content. This scenario has been driving the demand for canned alcoholic beverages.
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Our clientele includes a mix of canned alcoholic beverages market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany canned alcoholic beverages market , including forecasts for subscribers. This country databook contains high-level insights into Germany canned alcoholic beverages market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany canned alcoholic beverages market size, by product, 2017-2030 (US$M)
Germany Canned Alcoholic Beverages Market Outlook Share, 2021 & 2030 (US$M)
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