The global organic wine market size was estimated at USD 10.80 billion in 2023 and is expected to grow at a CAGR of 10.4% from 2024 to 2030. The organic wine category has been growing for several years; however, as consumers have become more concerned about what they eat and drink, there... Read More »
June 2024The global draught beer market size was estimated at USD 41.45 billion in 2023 and is expected to expand at a CAGR of 5.3% from 2024 to 2030. Draught beer is often perceived as superior to bottled or canned beer due to its fresh taste and the traditional brewing techniques often associat... Read More »
June 2024The U.S. wine market size was estimated at USD 81.33 billion in 2023 and is expected to expand at a CAGR of 5.4% from 2024 to 2030. Wine sales have surged across the U.S. owing to innovation in its flavor, color, and packaging. Beyond the classic wines, niche markets and emerging wine re... Read More »
May 2024The global brandy market size was estimated at USD 22.12 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030. The advancements in distillation techniques and the introduction of innovative ingredients have resulted in improvements in the resilience and excellence... Read More »
April 2024The UK nicotine pouches market size was estimated at USD 268.4 million in 2023 and is expected to grow at a CAGR of 38.9% from 2024 to 2030. Growing awareness among the U.K. population regarding tobacco-free products will stimulate the demand for nicotine pouches in the country. ... Read More »
April 2024The Europe draught beer market size was estimated at USD 18.47 billion in 2023 and is expected to grow at CAGR of 4.4% from 2024 to 2030. The beer that is served on tap and not in pre-packaged form usually, known as draught beer is one of the popular beverages in the region. The product ... Read More »
March 2024The U.S. draught beer market size was estimated at USD 10.04 billion in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030. The draught beer is usually served through tap and poured in glasses and mugs directly for consumption. Consumers at clubs, pubs, bars, restaurants, ... Read More »
March 2024The UK roll-your-own tobacco products market size was estimated at USD 4.32 billion in 2023 and is expected to grow at a CAGR of 4.3% from 2024 to 2030.The notable rise in tobacco product usage among millennials is responsible for the market's progress. The main factors propelling t... Read More »
March 2024The U.S. roll-your-own tobacco products market size was estimated at USD 3.01 billion in 2023 and is expected to grow at a CAGR of 4.1% from 2024 to 2030. The market for roll-your-own (RYO) tobacco products has been driven by consumers' increased preference for hand-rolled or handcrafted... Read More »
March 2024The U.S. ready to drink cocktails market size was estimated at USD 229.3 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 15.2% from 2024 to 2030. Rising consumer awareness about the health benefits associated with these beverages has fueled the demand f... Read More »
March 2024The global tobacco market size was estimated at USD 886.09 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2030 due to the rising tobacco consumption in the developing regions of Asia and Africa. The excessive marketing campaigns run b... Read More »
February 2024The global hangover cure products market size was estimated at USD 2.34 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.9% from 2024 to 2030. The increasing consumption of alcohol across the world is one of the key factors fueling the demand for hang... Read More »
January 2024The global hard seltzer market size was valued at USD 18.97 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.9% from 2024 to 2030. The surge in market demand for low-alcohol content beverages among millennials and the younger generation is propelled b... Read More »
January 2024The global non-alcoholic beverages market size was estimated at USD 1,223.93 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. With the growing acceptance of the no-alcohol and low-alcohol categories by consumers, manufacturers in ... Read More »
January 2024The global luxury cigar market size was estimated at USD 13.34 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. The market growth is mainly driven due to a rise in demand for luxury cigars among premium smokers and millennials.... Read More »
November 2023The global wine cork market size was valued at USD 5.7 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2028. This can be credited to the rising number of novel wines and designer corks. ... Read More »
September 2023The global rum market size was valued at USD 11.77 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Factors such as increasing consumer interest and expanding cocktail culture are expected to drive the industry growth globally. Pr... Read More »
August 2023The global canned alcoholic beverages market size was valued at USD 14.62 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 19.1% from 2023 to 2030. Canned alcoholic beverages are gaining popularity among consumers since cans are more convenient, portable... Read More »
August 2023The global canned wine market size to be valued at USD 571.8 million by 2028, expanding at a compound annual growth rate (CAGR) of 13.2% from 2021 to 2028. The rising demand for convenient, portable, and single-serve beverages is the key driver for the market growth. Growing consumer inc... Read More »
July 2023The gin market is undergoing significant evolution with the emergence of numerous distilleries in the global beverages industry. This trend is mainly driven by increased alcohol consumption worldwide among young and millennial populations worldwide. The alcoholic beverages market offers ...Read More »
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