Alcoholic beverages in cans are utilized in a variety of venues, including bars, restaurants, hotels, and supermarkets, as well as at social gatherings and celebrations. They can be drunk and enjoyed anywhere, including in hot weather. Canned drinks are also popular at beaches, by pools, when camping, and at sporting events. Because of the growing inclination for practical travel-friendly canned drinks, the worldwide canned alcoholic beverages market is expected to rise rapidly in the near future. Furthermore, producers are focused on developing new appealing flavors in RTD canned alcoholic beverages, which is projected to boost market growth.
The global Canned Alcoholic Beverages Market size is estimated to be valued at US$ 6.11 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 13.8% from 2023 to 2030.
Major Players in the Canned Alcoholic Beverages Industry:
1. Brown-Forman
Brown-Forman founded in 1870 and its headquarters Louisville, Kentucky, United States. The company operates in 40 countries. 2023, Brown–Forman acquired Diplomático Rum Brand to meet the linking of global spirits consumers.
2. Pernod Ricard
Pernod Ricard founded in 1975, and its Headquarters located in Paris, France. The company operates in 73 nations. In 2022 Pernod Ricard France has acquired a majority stake in Cockorico, a French brand specialising in premium ready-to-serve cocktails
3. Bacardi Limited
Bacardi Limited was launch in 1862 and it’s headquarter located Hamilton, Bermuda.it operate over 55 country. Bacardi Limited, a spirit company based in Bermuda, a British island territory acquired a 100% stake in TAILS for an undisclosed amount