Huge Trillion Industry The global alcoholic dri
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Huge Trillion Industry
The global alcoholic drinks industry is expected to exceed $1 trillion in 2014, according to MarketLine . Market volume is predicted to reach almost 210 billion liters in 2014, a 10% increase in five years. Beer, cider and flavored alcoholic beverages represent the leading market segment with over half of the overall market value. The EU represents almost 57% of the world alcoholic drinks market.
The industry is characterized by fragmentation with the three leading companies holding almost 40% of overall market volume. The market is lead by Anheuser-Busch InBev, which has over 20% of the overall market volume.