MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled US Alcoholic Drinks Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the US Alcoholic Drinks Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019-22
• Base Years: 2023
• Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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US Alcoholic Drinks Market Outlook

According to the report US Alcoholic Drinks Market size is valued at around USD 315 billion in 2024 and is projected to reach USD 350 billion by 2030. Along with this, the market is expected to grow at a CAGR of around 2.3% during the forecast period, i.e., 2024-30.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

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US Alcoholic Drinks Market Drivers:

Rise of Craft Alcoholic Drinks Driving Market Growth – Craft beer manufacturers are leveraging its unique and various flavors, and higher quality and content of raw materials (malt and hops), to woo the customers in the US. The companies operating in this segment have been using innovative modes of marketing and advertising which are well-targeted at consumers under the age group of 40 years. These campaigns have positively influenced the customers in this age group. As a result, the total number of craft breweries in the US soared at a healthy CAGR during 2019-23, craft beer continued to record strong volume growth momentum. In 2023, craft beer's market share exceeded 15%, recording a substantial growth from around 9% in 2019. Craft alcoholic drink suppliers have also introduced multiple products to expand customer footprints, which is driving revenue growth of the alcoholic drinks industry in the country.

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US Alcoholic Drinks Market Trends:

Growing Premiumization of Alcoholic Drinks in the Nation – The premiumization of alcoholic drinks is now masked with consumption reduction as “low is much better” seems to be continuing. Growing purchasing power, and discretionary spending on limited edition alcoholic products is likely to boost the premumization.  Age statements and growing traction towards vintage spirits will largely drive hyper-premium purchasing habits and the ever-growing secondary market, while producers will embrace unique blending, and novel malts to produce captivating whiskies. In beer, premiumization is expected to continue to drive revenue growth in the industry, with many of the more promising new offerings occupying the craft or premium lager segments in the United States. The new launches during 2021-24 such as Samuel Adams’ introduction of American Light, Heineken’s Silver, and Braxton’s Garage Beer, etc., are anticipated to seize the interest of consumers preferring low alcohol, low carb, and high-quality ingredient lagers.

US Alcoholic Drinks Market Segmentation

The study categorizes the US Alcoholic Drinks Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Product

• Beer -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Spirits -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Wine -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Cider -Market Size & Forecast 2019-2030, USD Million & Million Liters
• RTDs -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Others -Market Size & Forecast 2019-2030, USD Million & Million Liters

By Alcohol Content

• High -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Medium -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Low-Market Size & Forecast 2019-2030, USD Million & Million Liters

By Packaging

• Metal Cans -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Glass -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Fiber Bottles -Market Size & Forecast 2019-2030, USD Million & Million Liters
• Others-Market Size & Forecast 2019-2030, USD Million & Million Liters

By Distribution

• On-Trade- Market Size & Forecast 2019-2030, USD Million & Million Liters
  • Bars- Market Size & Forecast 2019-2030, USD Million & Million Liters
  • Restaurants- Market Size & Forecast 2019-2030, USD Million & Million Liters
  • Pubs- Market Size & Forecast 2019-2030, USD Million & Million Liters
• Off-Trade
  • Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million & Million Liters
  • Convenience Stores- Market Size & Forecast 2019-2030, USD Million & Million Liters
  • Specialty Stores- Market Size & Forecast 2019-2030, USD Million & Million Liters
  • Online Retailers - Market Size & Forecast 2019-2030, USD Million & Million Liters

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• Northeast - Market Size & Forecast 2019-2030, USD Million & Million Liters
• Midwest - Market Size & Forecast 2019-2030, USD Million & Million Liters
• West - Market Size & Forecast 2019-2030, USD Million & Million Liters
• Southeast - Market Size & Forecast 2019-2030, USD Million & Million Liters
• Southwest- Market Size & Forecast 2019-2030, USD Million & Million Liters

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Leading Companies in US Alcoholic Drinks Market Worldwide: Players, Analysis & Future Outlook

• Anheuser-Busch InBev NV
• Molson Coors Brewing Co
• Constellation Brands Inc.
• E&J Gallo Winery Inc.
• Mark Anthony Group Inc.
• Heineken NV
• Boston Beer Co Inc.
• Diageo Plc
• Blue Ribbon Intermediate Holdings LLC
• The Wine Group Inc.
•  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online –  https://www.marknteladvisors.com/pricing/us-alcoholic-drinks-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the US Alcoholic Drinks Market?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the US Alcoholic Drinks Market?
   4. Who are the prominent players in the US Alcoholic Drinks Market?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.

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