Rising Popularity of Alcohol Drinks to Drive Hard Seltzer Market growth at CAGR of 16.2% from 2020 to 2027: Fact.MR Survey

Rising Popularity of Alcohol Drinks to Drive Hard Seltzer Market growth at CAGR of 16.2% from 2020 to 2027: Fact.MR Survey

“Hard Seltzer Market Report By Fact.MR”
Key Companies Covered in Hard Seltzer Market Research Report Are Spiked Seltzer, Smirnoff, Nauti Seltzer, White Claw, Oskar Blues, Truly, Oskar Blues Brewery, Henry’s, Pura Still, Polar, Bon & Viv, Nutrl, Bud Light Seltzer, Corona Seltzer, Vizzy Hard Selter Others

The hard seltzer market witness significant growth due to factors such as rising economic growth, tourism and travel industry, increasing online sales of liquor, and café & bar outlets.

The increasing impact of western culture, rapid urbanization, changing perception of consumers towards the consumption of alcoholic beverages, and changing consumer preferences in the developing regions are anticipated to drive the growth of the global hard seltzer market.

The rising trend of consumption of alcoholic beverages among the young generation and millennials due to the changing consumer choices, rising disposable income, and peer influence among consumers are the key factors expected to propel the demand for the global hard seltzer market.

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The business intelligence report from FactMR is an all-important tool that enables vendors to discover growth opportunities, and undertake strategic planning to tap into these opportunities. The valuable facts, figures, and statistical information provided is compiled based on extensive primary and secondary research and insightful inputs received by industry experts.

The market research study from FactMR discusses the demand drivers, geographical distribution, and competitive scenario of the hard seltzer market for the 2020 to 2027 forecast period. Further, it throws light on growth opportunities and challenges facing the hard seltzer market. The market indicators thus provided are valuable for market participants for business planning, financial modelling, scope of expansion, and investment plan in the hard seltzer market over the forecast period.

Hard Seltzer Market Key Players

The market players are adopting competitive strategies such as mergers, and collaborations with professional marketing firms to introduce their products into the alcoholic beverage market segment. The companies are focusing on providing differentiated products with new tastes and flavors to attract consumer segment underserved by alcoholic beverage market segment. The Hard Seltzer market share is consolidated in nature.

  • Spiked Seltzer
  • Smirnoff
  • Nauti Seltzer
  • White Claw
  • Oskar Blues
  • Truly
  • Oskar Blues Brewery
  • Henry’s
  • Pura Still
  • Polar
  • Bon & Viv
  • Nutrl
  • Bud Light Seltzer
  • Corona Seltzer
  • Vizzy Hard Selter

Click here to get the short-term and long-term impact of COVID-19 on this market.

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Hard Seltzer Market Segmentation

Hard Seltzer market can be segmented based on raw materials, type, application, and distribution channel.

Based on raw material, hard seltzer market is segmented into:

  • Sparkling water
  • Carbonated water
  • Alcohol
  • Fruit flavours
  • others

Based on type, hard seltzer market is segmented into:

  • ABV Less than 5%
  • ABV More than 5%

Based on packaging, the hard seltzer market is segmented into:

  • Bottle
  • Cans

Based on sales channel, the hard seltzer market is segmented into:

  • Online
  • Distributors
  • Hypermarket
  • Others

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Hard Seltzer Market Report Benefits & Key Questions Answered 

  • Hard Seltzer Company & brand share analysis: Company and brand share analysis on Hard Seltzer reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Hard Seltzer Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Hard Seltzer
  • Hard Seltzer Category & segment level analysis: Fact.MR’s Hard Seltzer sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Hard Seltzer Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Hard Seltzer: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
  • Hard Seltzer Merger and acquisition activity: Fact.MR’s analysis also includes merger & acquisition activity analysis. Hard Seltzer manufacturers and stakeholders will not only know the recent M&As but also understand its impact on competitive landscape and market share
  • Hard Seltzer demand by country: The report forecasts Hard Seltzer demand by country for 2020-2027, giving business leaders the insights to know fast-growing, stable, and mature markets

 

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