What is the most consumed alcoholic spirit in the world?
Beer is the most consumed alcoholic beverage in the world.
How much does world spend on alcohol?
1.49 trillion U.S. dollar
In 2020, the global market size of alcoholic beverages amounted to over 1.49 trillion U.S. dollar. The yearly revenue decreased by around 200 billion dollars compared to 2019.
How much is the spirits industry worth worldwide?
US$521.70bn
Revenue in the Spirits segment amounts to US$521.70bn in 2022. The market is expected to grow annually by 5.30% (CAGR 2022-2025). In global comparison, most revenue is generated in China (US$156,800.00m in 2022).
How big is the spirit industry?
b. The global premium spirit market size was estimated at USD 107.74 billion in 2019 and is expected to reach USD 135.76 billion in 2020.
What is drank most in the world?
Water
Water. Water is the world’s most consumed drink, however, 97% of water on Earth is non-drinkable salt water.
Who are the biggest drinkers in the world?
Australians have been named the heaviest drinkers in the world in a survey after spending more time drunk in 2020 than any other nation. The international survey found Australians drank to the point of drunkenness an average of 27 times a year, almost double the global average of 15.
How much is the alcohol industry worth 2020?
around $1.49 trillion USD
How much is the alcohol industry worth? As of 2020, the global drinks market is worth around $1.49 trillion USD. That, believe it or not, was a slight shrinkage from the previous year, meaning the growth rate dipped during the pandemic.
How much is the alcohol industry worth 2021?
$546.15 billion
The global alcoholic – beverages market is expected to grow from $499.74 billion in 2020 to $546.15 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%. The market is expected to reach $735.83 billion in 2025 at a CAGR of 8%.
How much is the alcohol industry worth?
How much is the alcohol industry worth? As of 2020, the global drinks market is worth around $1.49 trillion USD. That, believe it or not, was a slight shrinkage from the previous year, meaning the growth rate dipped during the pandemic.
What is the number 1 consumed beverage in the world?
1. Water. Water is the most popular drink in the world.
How big is the alcohol industry in the world?
Revenue in the Alcoholic Drinks market amounts to US$1,664.00bn in 2022. The market is expected to grow annually by 6.78% (CAGR 2022-2025). The market’s largest segment is the segment Beer with a market volume of US$643.00bn in 2022. In global comparison, most revenue is generated in China (US$331.10bn in 2022).
Which country is the largest producer of alcohol?
China – 38 million KL. Asia might not typically be someplace you associate with beer. China is now the world’s top producer of the drink, however. Some of the country’s most popular brands in 2020 were Tsingtao, Snow, and Yanjing.
What is the value of the global alcoholic spirits market?
The global alcoholic spirits market was valued at $524.17 billion in 2019, and is expected to reach $709.38 billion by 2028, growing at a CAGR of 3.45% during the forecast period. The base year considered for the study is 2019, and the estimated period is between 2020 and 2028.
What do the charts tell us about global alcohol consumption?
The charts show global consumption of spirits, which are distilled alcoholic drinks including gin, rum, whisky, tequila and vodka. The first map shows this in terms of spirits as a share of total alcohol consumption. In many Asian countries spirits account for most of total alcohol consumption.
How much alcohol do people drink in the world today?
Alcohol consumption across the world today. The annual global average alcohol consumption is 6.4 liters per person older than 15 (in 2016). To account for the differences in alcohol content of different alcoholic drinks (e.g. beer, wine, spirits), this is reported in liters of pure alcohol per year.
Which region is leading the global spirits market in 2019?
North America and Europe are matured regional markets for spirits. In 2019, Asia Pacific captured the largest market share of 48.48% in terms of revenue. The presence of the key players and a trend of modernization in the region is turning out to be a key motivator.