The alcoholic beverages market size was valued at USD 1,949.2 billion in 2021. The market is projected to grow from USD 2,134.8 billion in 2022 to USD 4,102.3 billion by 2029, exhibiting a CAGR of 9.78% during the 2022-2029. The global COVID-19 pandemic has been unprecedented and staggering, with alcoholic beverages experiencing lower-than
Diageo is the fourth-largest alcoholic drink company by market value, with $19 billion in revenue and $4.2 billion in profits in 2022, according to Forbes.. Crew brings years of expertise to the China and the United States are the market leaders Although global alcohol revenue has not yet reached pre-pandemic levels, the market has rebounded from its 2020 low by 16 percent. The spirits Boulder, Colo. — The Brewers Association (BA)—the trade association representing small and independent 1 American craft brewers—today released annual production figures for the U.S. craft brewing industry. 2 In 2022, small and independent brewers collectively produced 24.3 million barrels of beer, on par with 2021’s numbers 3, and craft Below are the world’s largest alcoholic beverages companies ordered by total annual sales (both domestic and international) reported as of December 2019. Shown within parenthesis is the country where each colossus has its headquarters. Anheuser-Busch InBev: US$52.3 billion (Belgium) down -7.3% from 2018 to 2019. AB With its global headquarters located in Leuven, Belgium, InBev is the biggest alcohol company globally. Its portfolio comprises more than 500 beers from more than 100 nations. Its revenue at