The canned alcoholic beverages market involves products like beer, cider, RTDs, and FABs packaged in aluminum cans. Canned beverages have several advantages over glass bottles like portability, durability, and reuse. They allow for portion control and are convenient for outdoor activities and parties. Rising health consciousness and busy lifestyles have boosted the demand for convenient, single-serve alcoholic drinks.

The global canned alcoholic beverages market is estimated to be valued at US$ 7.92 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the canned alcoholic beverages market include Diageo plc, Brown-Forman, Pernod Ricard, Bacardi Limited, Suntory Holdings Limited, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, E. and J. Gallo Winery, Constellation Brands, Inc., Treasury Wine Estates, Barefoot Cellars, and Kona Brewing Co. These major players are focusing on new product development and expansion strategies to strengthen their market presence.

The Canned Alcoholic Beverages Market Size varieties, targeting millennials and Gen Z, innovative marketing strategies, and expanding to developing regions in Asia Pacific and Latin America. Technological advancements like specialized can designs, environment-friendly packaging, and automated production have improved the production process.

Market drivers

The increasing popularity of ready-to-drink beverages is a key driver for Canned Alcoholic Beverages Market Size And Trends Rising health awareness has boosted the demand for low-calorie, low-sugar drinks that are convenient to consume. Busy lifestyles have also created the need for portable, single-serve alcohol options. Additionally, the growth of online retail and rising disposable incomes in developing economies are expected to support market growth over the forecast period.

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