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The Beverage Market Report is Segmented by Product Type (Alcoholic Beverages and Non-Alcoholic Beverages), Packaging Type (PET Bottles, Cans and More), Application (Nutritional and Functional Support and More), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).
The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all three different segments by the end of the comparison period. Notably, the segment Non-Alcoholic Drinks stands out with the highest value of *** billion U.S. dollars. Find further statistics on other topics such as a comparison of the number of users in Brazil and a comparison of the revenue in South Korea. The Statista Market Insights cover a broad range of additional markets.
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The Non-Alcoholic Beverages Market Report is Segmented Into Product Type (Energy Drinks, Sports Drinks, Juices, and More), Packaging Type (PET/Glass Bottles, Cans, Tetra Pack, Others), Category (Conventional, Free-From), Distribution Channel (On-Trade, Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Liters).
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The Food and Beverages market is experiencing substantial growth, with a global market size projected to reach approximately USD 8.2 trillion in 2023 and expected to expand to around USD 11.6 trillion by 2032, at a compound annual growth rate (CAGR) of 4.0%. The market's growth is fueled by several factors, including increasing consumer demand for convenient and ready-to-eat food products, rising health awareness prompting a shift towards organic and nutritious foods, and innovative product developments catering to diverse tastes and dietary preferences. Additionally, the expansion of e-commerce and online retail platforms has revolutionized how consumers access food and beverage products, contributing significantly to the market's growth trajectory.
One of the primary growth drivers in the food and beverages market is the escalating consumer preference for convenience foods. With increasingly hectic lifestyles, consumers are showing a growing inclination towards ready-to-eat meals and packaged food products that save time and effort in meal preparation. This trend has been bolstered by advancements in food technology and packaging, which have improved the shelf life and nutritional quality of these products, thus making them more appealing and accessible to a broader audience. Furthermore, urbanization and the rise in disposable incomes in developing economies are also contributing to the increased consumption of convenience foods, further propelling market growth.
Health consciousness among consumers is another significant factor shaping the growth outlook of the food and beverages market. As more individuals become aware of the long-term health implications of their diets, there has been a marked shift towards healthier eating habits. This shift has spurred demand for organic, natural, and functional foods that offer health benefits beyond basic nutrition. Manufacturers are increasingly investing in research and development to innovate and offer products that meet these health-centric demands, such as gluten-free, low-sugar, and plant-based alternatives. This trend is not only prevalent in developed regions but is also gaining traction in emerging markets, driving overall market expansion.
The growth of digital platforms and online retail channels is significantly impacting the food and beverages market. The convenience of online shopping, along with a wide variety of products available at competitive prices, has attracted a significant consumer base. Technology-driven innovations like AI and big data analytics are enabling companies to offer personalized shopping experiences, improve supply chain efficiencies, and understand consumer preferences better. The COVID-19 pandemic has further accelerated the shift towards online grocery shopping as consumers seek safer and more convenient shopping methods. This trend is expected to continue in the post-pandemic era, providing a robust platform for market growth.
From a regional perspective, Asia Pacific remains a powerhouse in the food and beverages market, driven by its large and growing population, rapid urbanization, and increasing consumer spending. North America and Europe also represent significant markets, characterized by high levels of consumer awareness and advanced distribution networks. Meanwhile, emerging economies in Latin America and the Middle East & Africa are witnessing increased market activity due to improving economic conditions and a growing middle class looking for diverse food options. These regional dynamics not only highlight the global nature of the food and beverages market but also the varied consumer preferences and opportunities present across different areas.
The food and beverage market is segmented into several product types, each of which plays a crucial role in the overall market landscape. Dairy products, for instance, remain a staple in many diets around the world. The demand for dairy is driven by its widespread application in household consumption and its importance in balanced nutrition, offering essential vitamins and calcium. Innovations in dairy alternatives, such as almond milk and soy milk, have broadened consumer options, catering to those with lactose intolerance or a preference for plant-based diets. This diversification within the dairy segment underscores the adaptability of the market to changing consumer preferences and dietary requirements.
Beverages, as a segment, encompass a wide range of products including soft drinks, juices, tea, coffee, and alcoholic beverages, each with its own set of g
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The global alcoholic beverages market size was valued at USD 1,616.59 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,996.7 Billion by 2033, exhibiting a CAGR of 2.30% from 2025-2033. Europe currently dominates the market, holding a market share of over 45.0% in 2024. The market is fueled by robust cultural norms of alcohol use, established production facilities, high per capita consumption, and stable demand for high-end wines, beers, and spirits through both on-trade and off-trade.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 1,616.59 Billion |
Market Forecast in 2033
| USD 1,996.7 Billion |
Market Growth Rate 2025-2033 | 2.30% |
IMARC Group provides an analysis of the key trends in each segment of the global alcoholic beverages market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on category, alcoholic content, flavor, packaging type, and distribution channel.
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The industry has registered a growth of 6.2% in 2024 from that of the last year and by 2025 it is all set to reach a total value of USD 182.2 billion. In the prediction period where 2025 is to 2035, the industry will increase by 5.4% CAGR and is expected to reach USD 308.3 billion.
Attributes | Description |
---|---|
Estimated Industry Size (2025E) | USD 182.2 billion |
Projected Industry Value (2035F) | USD 308.3 billion |
Value-based CAGR (2025 to 2035) | 5.4% |
Semi-Annual Market Update
Particular | Value CAGR |
---|---|
H1 (2024 to 2034) | 5.2% |
H2 (2024 to 2034) | 5.6% |
H1 (2025 to 2035) | 5.8% |
H2 (2025 to 2035) | 5.9% |
Country-wise Insight
Countries | CAGR |
---|---|
The USA | 6.68% |
China | 7.1% |
India | 8.5% |
Germany | 8.6% |
UK | 7.9% |
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According to Cognitive Market Research, the global Food and Beverage market size is USD 6684.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 2673.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2005.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1537.37million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 334.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 133.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
The Breakfast Cereals held the highest Food and Beverage market revenue share in 2024.
Market Dynamics of Food and Beverage Market
Key Drivers of Food and Beverage Market
Rising Global Population to Increase the Demand Globally
The increasing number of people on the planet is driving up demand for food and drink, particularly in developing countries where disposable incomes are rising. There is a proportional increase in the demand for food and drink as more people enter the consumer market. The need for agricultural and food production systems to develop and adapt to satisfy growing demands is highlighted by this trend. Furthermore, it emphasizes how important sustainable practices are to ensuring food security over the long term and reducing environmental impacts. To address these issues and create resilient and equitable food systems that can meet the demands of an expanding population while preserving the planet's resources for future generations, governments, businesses, and communities must work together.
Urbanization and Busy Lifestyles to Propel Market Growth
Convenient, ready-to-eat food and beverages are in high demand due to urbanization and the spread of hectic lives. The need for easy and convenient food options has increased as more people live in cities and manage busy schedules. As a result of this trend, the availability of packaged foods, frozen dinners, and grab-and-go options has increased, appealing to consumers who want convenience without sacrificing flavor or nutrition. With urbanization driven by social and economic considerations, the portable food and beverage product market is expected to grow even further. In response to changing customer tastes, food producers and distributors are coming up with new and inventive ways to provide a wide range of easily accessible products that meet the needs of both busy lifestyles and urban residents.
Restraint Factors of Food and Beverage Market
Rising Food Prices to Limit the Sales
Increased food costs are frequently caused by changes in the price of agricultural commodities, which are made worse by supply chain interruptions and extreme weather. These dynamics, especially for vulnerable people, can substantially impact affordability and consumer purchasing. When staple foods rise in price, households might have to spend more of their income to cover their fundamental nutritional needs, leaving them with less money to spend on other necessities. Furthermore, rising food prices have the potential to worsen food insecurity, increasing the likelihood of poverty and malnourishment in impacted areas. Businesses, civil society, and governments must tackle these issues by strengthening the food systems' resilience, reducing price volatility, and guaranteeing that all societal segments have fair access to reasonably priced and nutrient-dense food.
Stringent Regulatory and Compliance Requirements
The food and beverage sector faces a complicated array of safety, labeling, packaging, and environmental regulations that differ by area and nation. From the sourcing of ingredients to nutritional information and sustainability requirements, businesses must consistently adjust to changing legal norms. Managing these regulations can heighten operational complexity and compliance expenses, part...
This statistic shows the value of the plant-based beverages market worldwide from 2017 to 2023. In 2017, the global plant-based beverages market was valued at approximately *** billion U.S. dollars, and was forecast to reach a value of **** billion U.S. dollars by 2023.
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The global beverage market was valued at USD 1 billion in 2019 and is projected to reach over USD 2 billion by 2026, expanding at a CAGR of more than 3% during the forecast period, 2020 – 2026. The growth of the market is attributed to the rising urbanization and increased standard of living across the globe.
Beverage is a liquid drink intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, coffee, tea, hot chocolate, juice and soft drinks. In addition, alcoholic drinks such as wine, beer, and liquor, which contain the drug ethanol, have been part of human culture for more than 8,000 years. Non-alcoholic drinks often signify drinks that would normally contain alcohol, such as beer and wine, but are made with less than .5 percent alcohol by volume. The category includes drinks that have undergone an alcohol removal process such as non-alcoholic beers and de-alcoholized wines.
Attributes | Details |
Base Year | 2019 |
Historic Data | 2018–2019 |
Forecast Period | 2020–2026 |
Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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The U.S. Non-alcoholic Beverages Market size was valued at USD 298.4 billion in 2023 and is projected to reach USD 491.85 billion by 2032, exhibiting a CAGR of 7.4 % during the forecasts period. Non-Alcoholic Beverages are water and carbonated waters fruit and vegetable juice, water-based flavored carbonated and noncarbonated drinks, and water-based brewed or steeped beverages such as coffee and tea. Non-Alcoholic Beverage is also known as virgin drinks and non-intoxicating. Nonalcoholic beverages are drinks that contain the amount of alcohol. it is used while making cocktails and mocktails.it is widely used for diluting spirits with soft and cold drinks like rum and coke whiskey and soda water, gin, and tonic water. The various types of Non-Alcoholic Beverages are Carbonated drinks, Coffee, and fruit and vegetable juice. The behaviors are different flavors and varieties. Nonalcoholic behavior rages are great stay hydrated and healthier opinion than drinks.it is served at any time for the guests. They are the most common reasons including personal preferences and health considerations. Alcoholic beverages are divided into many verities like mineral, hot water, cold, carbonated, nonalcoholic behave rages, and soft drinks there are some common behave rages are example such as aerated waters, mineral water, juices, squashes, syrups, tonics, soda, Pepsi, coke, root beer, etc Recent developments include: In April 2023, Chamberlain Coffee, a pioneering coffee lifestyle brand, declared the unveiling of its novel range of ready-to-consume plant-based cold brew lattes. The novel product is offered as cinnamon bun latte, mocha latte, vanilla latte, and traditional cold brew latte flavors. The corporation partnered up with Walmart to provide its products across the U.S. , In January 2023, Coca-Cola introduced a range of juice beverages intended to be consumed with and without alcohol. The Simply Mixology drinks are accessible in three flavors such as Strawberry Guava Mojito, Lime Margarita, and Peach Sour. , In December 2022, Nestlé launched animal-free dairy drinks under the Cowabunga brand in six San Francisco grocery stores, in the U.S. The offerings, available in two flavors—plain milk and chocolate, feature animal-free protein created by the U.S. start-up Perfect Day. .
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Global Functional Beverages market size is expected to reach $218.23 billion by 2029 at 5.8%, segmented as by type, energy drinks, sports drinks, nutraceutical drinks, dairy-based beverages, juices, enhanced water, other types
In 2024, carbonated soft drinks held the largest share of the United Kingdom’s non-alcoholic beverages market, with **** percent. Dilutables held the second largest share of the market, closely followed by bottled water with **** and **** percent, respectively. Beverage sales in the UK during Covid Beverage sales in grocery stores have been up in March and April of 2020 due to the coronavirus. However, on-trade sales have suffered greatly, and the final picture for 2020 is, as of the writing of this text, still taking form. Soft drink brands Licensed premises, foodservice, convenience stores, and grocery stores in the UK all have the same leading soft drink brand: Coca-Cola. The company only must bow down to the legion of soft drinks sold under private label brands in grocery stores.
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Alcoholic Beverages Market Size 2025-2029
The alcoholic beverages market size is forecast to increase by USD 412.6 billion, at a CAGR of 3.1% between 2024 and 2029.
The market is witnessing significant growth, driven by the increasing popularity of the craft segment, such as craft beer. Consumers are increasingly seeking unique and authentic experiences, leading to a surge in demand for artisanal and locally produced alcoholic beverages. This trend is transforming the market landscape, with new players entering the scene and established players expanding their offerings to cater to this growing consumer base. However, the market is not without challenges. The prominence of counterfeit products poses a significant threat to market players. The proliferation of fake alcoholic beverages, such as spurious wines, not only undermines the reputation of legitimate brands but also puts consumer safety at risk.
Addressing this challenge will require a multi-pronged approach, including increased collaboration between industry players, regulatory bodies, and law enforcement agencies to combat counterfeiting and ensure the authenticity of products. Companies that effectively navigate these challenges and capitalize on the growing demand for craft alcoholic beverages are well-positioned to thrive in this dynamic market.
What will be the Size of the Alcoholic Beverages Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Winemaking and brewing processes undergo constant innovation, leading to new flavors and taste profiles. Food safety and consumer safety remain top priorities, with stringent regulations in place to ensure quality control. Retail sales of alcoholic beverages show a steady increase, with both on-premise and off-premise consumption gaining popularity. Restaurant sales contribute significantly to the market, with marketing strategies focusing on social media platforms to reach a wider audience. Responsible consumption is a key concern, with age verification and industry regulations ensuring that consumers are informed about alcohol content and potential allergens.
Liquor stores and grocery stores serve as major distribution channels, with direct-to-consumer sales also gaining traction. Price point and ingredient labeling are essential factors in consumer decision-making, with a growing preference for organic and ethically sourced ingredients. craft beer and seasonal releases continue to capture the attention of consumers, with breweries experimenting with new techniques such as barrel aging and canned beer. The market's environmental impact is a growing concern, with efforts being made to reduce waste and minimize carbon footprint. Brand loyalty is a significant factor, with consumers showing a preference for established brands and new entrants offering unique offerings.
Product innovation and taste profiles remain key drivers of growth, with the industry continually adapting to changing consumer preferences and market trends. Alcohol abuse and public health concerns also remain a focus, with responsible marketing and education efforts aimed at promoting responsible consumption.
How is this Alcoholic Beverages Industry segmented?
The alcoholic beverages industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Beer
Spirits
Wine
Distribution Channel
Off-trade
On-trade
Geography
North America
US
Canada
Europe
France
Germany
Spain
APAC
China
India
Japan
South America
Brazil
Rest of World (ROW)
.
By Product Insights
The beer segment is estimated to witness significant growth during the forecast period.
The market encompasses various product categories, including beer, wine, and spirits. One trend in this industry is the release of limited edition products, adding excitement for consumers and driving sales. The winemaking process involves fermenting grapes to create wine, while beer production involves steeping a starch source, such as rice, corn, or barley, in water and fermenting the resulting sugar-containing liquid with yeast. Food safety is a top priority, with strict regulations in place to ensure the quality and safety of alcoholic beverages. Restaurant sales contribute significantly to market revenue, and marketing strategies, including social media marketing, are essential for reaching consumers.
Responsible consumption is emphasized, with age verification and industry regulations in place to prevent underage drinking. On
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The global functional beverage market was valued at USD 243.36 Billion in 2024 and is expected to grow at a CAGR of 7.00%, reaching USD 478.73 Billion by 2034. The market growth is driven by rising health consciousness and increasing demand for energy-boosting, immunity-enhancing drink products across the globe. The market is fueled by growing consumer preference for healthier lifestyles and natural ingredients. Expanding product innovation, including probiotic and plant-based beverages, is expected to support market growth in the forecast period.
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The global non-alcoholic beverage market size was valued at USD 971.65 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,448.89 Billion by 2033, exhibiting a CAGR of 4.31% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 34.7% in 2024. The non-alcoholic beverage market share is primarily driven by the increasing demand for healthier beverage options, the elevating requirement for single-serve, ready-to-drink non-alcoholic variants, and the inflating income levels of consumers.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 971.65 Billion |
Market Forecast in 2033
| USD 1,448.89 Billion |
Market Growth Rate 2025-2033 | 4.31% |
IMARC Group provides an analysis of the key trends in each segment of the global non-alcoholic beverage market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on product type, packaging type, and distribution channel.
The combined revenue in the non-alcoholic drinks market worldwide was modeled to stand at ************* U.S. dollars in 2024. Between 2018 and 2024, the combined revenue rose by *********** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The combined revenue will steadily rise by *********** U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Non-Alcoholic Drinks.
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The world market for zero sugar drinks was USD 3,328 million in 2023. The sales growth year on year of 10.6% was faced by zero sugar drinks in 2024 and thus the world market value became USD 4,345.6 million in 2025. World sales would grow at a CAGR of 14.7% between 2025 to 2035 and thus would be the market value of USD 17,127.2 million in 2035.
Attribute | Description |
---|---|
Estimated Market Size (2025E) | USD 4,345.6 million |
Projected Market Value (2035F) | USD 17,127.2 million |
Value-based CAGR (2025 to 2035) | 14.7% |
Semi-Annual Market Update
Particular | Value CAGR |
---|---|
H1 ( 2024 to 2034) | 14.2% |
H2 (2024 to 2034) | 14.3% |
H1 (2025 to 2035) | 14.5% |
H2 (2025 to 2035) | 14.7% |
Country-Wise Insights
Countries | CAGR, 2025 to 2035 |
---|---|
USA | 16.3% |
Germany | 15.8% |
China | 8.0% |
Japan | 10.2% |
India | 13.5% |
Category-Wise Insights
Segment | Value Share (2025) |
---|---|
Carbonated Zero Sugar Drinks (By Type) | 62.7% |
Segment | Value Share (2025) |
---|---|
Sports, Energy & Functional Drinks (By Type) | 37.3% |
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The Ready-To-Drink (RTD) Beverages Market Report is Segmented by Product Type (Tea, Coffee, Energy Drinks, and More), Ingredient (Conventional, and Natural and Organic), Packaging (PET/Glass Bottles, Tetra Packs, Cans, and Other Packaging Types), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).
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Global non-alcoholic beverage market is expected to generate revenue of around USD 1751.47 billion by 2032, growing at a CAGR of around 7.65% between 2024 and 2032
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The global market size of Non-alcoholic Beverages is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Non-alcoholic Beverages Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Non-alcoholic Beverages industry. The key insights of the report:
1.The report provides key statistics on the market status of the Non-alcoholic Beverages manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Non-alcoholic Beverages industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Non-alcoholic Beverages Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Non-alcoholic Beverages as well as some small players. At least 12 companies are included:
* PepsiCo
* The Coca-Cola
* Suntory Beverage & Food
* Dr Pepper Snapple Group
* Arca Continental
* Ito En
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Non-alcoholic Beverages market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Convenience Stores
* E-commerce
* Hypermarket and Supermarket
* Others
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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The Beverage Market Report is Segmented by Product Type (Alcoholic Beverages and Non-Alcoholic Beverages), Packaging Type (PET Bottles, Cans and More), Application (Nutritional and Functional Support and More), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).