Lily Desouza20 Jun, 2025Business
The Global Alcoholic Beverages Market Report reached a value of nearly USD 1231.3 billion in 2025. The market is assessed to grow at a CAGR of around 14.99%, during the forecast period of 2025-2032 to attain a value of around USD 3273.34 billion in 2032. Alcohol consumption has elevated owing to the world's expanding population & increasing disposable incomes. The expansion of the Alcoholic Beverage Market has been considerably assessed by the rising prevalence of luxury & craft alcoholic products. Further, to meet shifting customer tastes, the expansion of artisanal distilleries & craft breweries, for instance, has infused product offerings.
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