GCC Alcoholic Drinks Market Overview
As per recent research by MarkNtel Advisors, the GCC Alcoholic Drinks Market size is estimated to be around 9.9 billion in 2024 and estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30.
GCC Alcoholic Drinks Market Dynamics
Market Drivers : Rising Expatriate Population in GCC Region Fueling the Growth of the Alcoholic Drinks Market –
The expatriate population in the GCC region is attributed to various factors including the expanding economy, and continuous investment for diversification leading to the rapid growth of various industries, resulting in the increasing demand for workforce in the region. Over the years, the non-GCC citizen population has increased due to job opportunities and employment benefits. According to the ISI World Statistics Congress in 2021, the expatriates made up more than half around 50.9% of the total population in the GCC region which was around 46.6% of the total population in 2010.
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GCC Alcoholic Drinks Market Segmentation Overview 2024-2030: Key Factors
By Product Type
-Beer – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Spirits – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Cider – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Wines – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Pre-Mixed Drinks – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
By Distribution Channel
-On-Trade – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Off-Trade – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Hypermarkets & Supermarkets – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Specialty Stores – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
By Packaging
-Bottles – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
-Tin Cans – Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
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GCC Alcoholic Drinks Market Geographical Insights:
By Country:
-The UAE
-Qatar
-Oman
-Bahrain
Key Players and Competitive Strategies in the GCC Alcoholic Drinks Market
Several prominent players dominate the GCC Alcoholic Drinks Market, including:
- Heineken NV
- Anheuser-Busch InBev NV
- Diageo PLC
- Asahi Group Holdings Ltd.
- Pernod Ricard Groupe
- Carlsberg A/S
- Aujan Industries
- LVMH Moët Hennessy
- Bacardi & Co.
- Others
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Questions Addressed in this Study
1.How big is the GCC Alcoholic Drinks Market Size?
2.What is the GCC Alcoholic Drinks Market Growth?
3.Who are the key players of the GCC Alcoholic Drinks Market?
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