DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Alcoholic Beverage Market - Growth, Trends and Forecasts (2016 - 2021)" report to their offering.
The demand for alcoholic drinks market is growing at a faster rate in emerging countries like India, China, Indonesia, Singapore is driving the demand for alcoholic drinks industry. Emerging countries, which are focusing more on tourism, is the major factor for increased demand in emerging nations. New product launches and innovations in alcoholic drinks is favoring the growth of the industry. Companies are launching more products because of the changing consumer preferences.
One of the major challenge the alcohol industry is facing is because of the change in climatic conditions which is leading to decrease in the yield of the crop, thereby increasing the cost of the beverage. Increasing government regulation and taxes are leading to increase in the overall cost of the drink, which is acting as a barrier to the industry.
Europe has the highest per capita consumption of alcohol lead by France and is followed by Germany, Italy, UK, and others. The reasons for the growth of the industry is because of increased disposable income and increased consumption of alcohol in younger generations. There are many health benefits associated with consuming alcohol in a limited quantity. Some of the benefits are, reduction in risk of cardiovascular disease, prevention from cold, and drinking red wine decreases risk of heart and burns fat. Though on the darker side, when alcohol is consumed in the larger quantities it causes many diseases.
2. RESEARCH APPROACH & METHODOLOGY
3. MARKET Overview
5. COMPETITIVE LANDSCAPE
6. COMPANY PROFILES
For more information about this report visit http://www.researchandmarkets.com/research/f5nh5m/global_alcoholic