Global Beverage Market to Value USD 1.9 Trillion by 2021, Expects Lucintel in Its Report Published at MarketPublishers.com28 Apr 2017 • by Natalie Aster
LONDON – The world’s beverage industry is expected to see bright future in the years to come, and both alcoholic and nonalcoholic beverage segments are set for further growth.
The industry is forecast to showcase sustainable growth in the offing, with its CAGR being 3%. It is likely to hit the USD 1.9 trillion mark by 2021.
The rising disposable income and the growing urbanization are amongst major drivers of the industry.
Beer makes up the largest segment of the industry in terms of value. It is set to maintain this position in the years to come. Growth of this segment is encouraged by the acceptance of this drink by consumers, increasing per capita income, and more.
PepsiCo, Carlsberg, Diageo, and Heineken Holding are some of leading players globally.
In-demand research report “Growth Opportunities in the Global Beverage Market” worked out by Lucintel offers a deep insight into the worldwide beverage industry. The study starts with a detailed overview of the industry and introduces all the necessary definitions to the reader.
It throws light on driving forces and discusses macroeconomic trends in detail. The report contains a through market analysis (as of 2015). The research study explores market trends over the period 2010-2015.
It also includes comprehensive forecasts for the marketplace. The research report limelights the competitive environment and concentrates on key competitors. The study investigates growth opportunities and comprises a strategic analysis. Besides, it profiles top 10 companies in the global space.
- all-round overview of the marketplace;
- coverage of forces that drive and hinder growth;
- insights into trends and developments;
- details on the competitive environment;
- company profiles;
- future outlook;
- and more.
More insightful studies by Lucintel can be found at its page.