GCC Alcoholic Drinks Market Research Report: Forecast (2024-2030)

GCC Alcoholic Drinks Market - By Product Type (Beer, Spirit, Cider, Wines, Pre-Mixed Drinks), By Distribution Channel (On-Trade, Off-Trade, Hypermarkets & Supermarkets, Specialty Stores), By Packaging... ... tores), By Packaging (Bottles Tin Cans), and others Read more

  • Food & Beverages
  • Jan 2024
  • 144
  • PDF, Excel, PPT

Market Definition

Alcoholic drinks are fermented beverages that consist of ethyl alcohol or ethanol as a primary intoxicating ingredient. These drinks are fermented from fruits, berries or grains, and other ingredients, and as a byproduct a chemical compound ethanol is formed. These drinks come in a wide variety of flavors and types due to different ingredients and production methods resulting in a wide range of tastes and different levels of alcohol by percentage. Some common types of alcoholic drinks are beer, wine, spirits, etc.

Market Insights & Analysis: GCC Alcoholic Drinks Market (2024-30):

The GCC Alcoholic Drinks Market size is estimated to be around 9.9 billion in 2024 and estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30. The market growth imputes to the growing number of hotels across the region that cater to on-trade outlets such as restaurants, pubs and night clubs. Effective tourism strategies attract more international tourists from diverse backgrounds to visit this region which would lead to the increasing demand for various beverages including alcoholic drinks, as tourists seek cuisine and beverages to enjoy local experiences.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 7.5%
Country Covered The UAE, Qatar, Oman, Bahrain
Key Companies Profiled Heineken NV, Anheuser-Busch InBev NV, Diageo PLC, Asahi Group Holdings Ltd., Pernod Ricard Groupe, Carlsberg A/S, Aujan Industries, LVMH Moët Hennessy, Bacardi & Co., Molson Coors Brewing Co, and others
Market Volume (2024) USD 9.9 billion

 

Governments constructing hotels and luxurious resorts in their nations and providing licenses to them for authorizing the sale of such beverages which increases the accessibility of alcoholic drinks for the consumers. Moreover, revenue generated from the tourism sector including the consumption of such beverages contributes to the government initiatives of economic diversification. Furthermore, boosting the opportunities for the local and global alcoholic drink producers in the market would accelerate the growth of market in the forthcoming years.

Moreover, the GCC region has an increasing youth population around one-third to one-half of their population is under 25 years. The growing youth population indicates a larger segment of the population entering into the legal age of drinking. Young populations with diverse drinking preferences foster the demand for bars and clubs in the region. For instance, the UAE-based Sunset Hospitality Group in 2022, announced the opening of a new entertainment-based hotel offering international beers, wines, and cocktails. Several hospitality companies are opening nightlife venues to cater to the upcoming demand for entertainment from the younger generation.

These bars offering a variety of alcoholic beverages including premium drinks could encourage the distributor or retailer to introduce new product offerings into the market. Additionally, bar opening and seeking the attention of local and international tourists to experience nightlife resulting in the increasing demand for alcoholic drinks is anticipated to gain momentum in the coming years which would positively enhance the requirement for alcoholic beverages across the GCC region.

GCC Alcoholic Drinks Market Research Report (2024-2030) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Macroeconomic Outlook
  5. GCC Alcoholic Drinks Consumer Behavior Analysis
    1. Alcoholic Drinks Preference, By Age Group
      1.  21-29
      2. 30-39
      3. 40-49
      4. Above 50
    2. Alcohol Drinks Preference, By Type, By Age Group
      1. Cocktails
      2. Beer
      3. Wine
    3. Top Selling Beverages
  6. GCC Alcoholic Drinks Market Supply Chain Analysis
  7. GCC Alcoholic Drinks Market Trends & Development
  8. GCC Alcoholic Drinks Market Dynamics
    1. Drivers
    2. Challenges
  9. GCC Alcoholic Drinks Market Growth Opportunities & Hotspots
  10. GCC Alcoholic Drinks Market Policy & Regulations
  11. GCC Alcoholic Drinks Market Outlook, 2019-2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Volume (Million Liters)
    2. Market Share & Analysis
      1. By Product Type
        1. Beer - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
        2. Spirits - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
        3. Cider - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
        4. Wines - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
        5. Pre-Mixed Drinks - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      2. By Distribution Channel
        1. On-Trade - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
        2. Off-Trade - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
          1. Hypermarkets & Supermarkets - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
          2. Specialty Stores - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      3. By Packaging
        1. Bottles - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
        2. Tin Cans - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      4. By Country
        1. The UAE
        2. Qatar
        3. Oman
        4. Bahrain
      5. By Company
        1. Market Share & Analysis
        2. Competition Characteristics
        3. Top Selling Brands, By Country
  12. The UAE Alcoholic Drinks Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
      2. By Volume (Million Liters)
    2. Market Share & Analysis
      1. By Product Type - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      2. By Distribution Channel - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      3. By Packaging - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
  13. Qatar Alcoholic Drinks Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
      2. By Volume (Million Liters)
    2. Market Share & Analysis
      1. By Product Type - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      2. By Distribution Channel - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      3. By Packaging - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
  14. Oman Alcoholic Drinks Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
      2. By Volume (Million Liters)
    2. Market Share & Analysis
      1. By Product Type - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      2. By Distribution Channel - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      3. By Packaging - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
  15. Bahrain Alcoholic Drinks Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
      2. By Volume (Million Liters)
    2. Market Share & Analysis
      1. By Product Type - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      2. By Distribution Channel - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
      3. By Packaging - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
  16. GCC Alcoholic Drinks Market Key Strategic Imperatives for Growth & Success
  17. Competitive Benchmarking
    1. Company Profiles
      1. Heineken NV
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Anheuser-Busch InBev NV
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Diageo PLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Asahi Group Holdings Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Pernod Ricard Groupe
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Carlsberg A/S
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Aujan Industries
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. LVMH Moët Hennessy
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Bacardi & Co.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Molson Coors Brewing Co
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Others
  18. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

Full Name*:

Company Name*:

Business Email*:

Country Name*:

Contact Number*:

Message: