The data examined by GME predicted that by 2026, the Global Hard Seltzer Marketwould grow with a CAGR value of 16.2 percent.Rapid urbanization, shifting habits, high per capita income, rising alcoholic beverage intake patterns, and a growing trend of hard seltzer among the younger generation are all factors driving hard seltzer production.
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By ABV Content (1.0% To 4.9%, 5.0% To 6.9%), By Distribution Channel (On-trade, Off-trade), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
- The global hard seltzer market has seen a rise in customer demand for flavored alcoholic beverages as a result of the growing prevalence of alcoholic drinks among millennial and the younger generation
- In 2020, hard seltzer with an alcohol by volume (ABV) of 5.0 to 6.9% added the most to global sales and became the top market segment.
- In 2019, off-trade accounted for the majority of global sales in the hard seltzer market.
- Future Proof Brands LLC, Boathouse Beverage Co., Barefoot Cellars, Kona Brewing Co, Blue Marble, Ficks & Co., High Noon Spirits Company, Cutwater Spirits, Anheuser-Busch InBev, and Lift Bridge Brewing Co are the major vendors competing in the hard seltzer market.
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ABV Content Outlook (Revenue, USD Million, 2021-2026)
- 1.0% to 4.9%
- 5.0% to 6.9%
- Others
Distribution Channel Outlook (Revenue, USD Million, 2021-2026)
- On-Trade
- Off-Trade
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Central & South America
- Brazil
- Argentina
- Rest of CSA
Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
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