A new Report by Delvens, titled "Hard Seltzer Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global hard seltzer market size was valued at USD 5.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 31.4% to 2028.
Get Free Sample Report: https://www.delvens.com/get-free-sample/hard-seltzer-market
Hard seltzer is basically alcoholic, carbonated, fruit flavored water. Most hard seltzers are 4.5-7% ABV and are typically 100 calories a can or less. It is available in various flavors, including lemon, watermelon, and tangerine.
The rising adoption of low alcohol content beverages among millennials and the younger generation and also, consumers are trying to reduce their alcohol consumption or becoming ‘sober-curious’, which has further led to an increase in the demand for low-alcoholic beverages and these factors will drive the Hard Seltzer Market.
Recent Developments of Hard Seltzer Market
January 2021, Anheuser-Busch InBev launched Michelob Ultra Organic Seltzer in three flavours - spicy pineapple, peach pear, and cucumber lime, for consumers who like natural flavours, which contains zero added sugars.
2020, Kopparberg Brewery launched a hard seltzer in the U.K. that claims to be vegan-friendly and gluten-free, with a 5% ABV content. It is available in mixed berries, black cherry, and passion fruit flavours across Morrisons and Tesco stores in Europe. These product launches are anticipated to boost the visibility as well as sales of this alcoholic drink.
Regional Analysis
North America made the largest contribution in the global hard seltzer market and accounted for the largest revenue share of 55.7% in 2020. The region has been witnessing high demand for hard seltzer, especially from young consumers. Key manufacturers are promoting their products in innovative ways.
Key Players
· Mark Anthony Brands International
· Anheuser-Busch InBev
· The Coca Cola Company
· Diageo plc
· Heineken N.V.
· The Boston Beer Company
· Molson Coors Beverage Company
· Constellation Brands Inc.
· Kopparberg and More
Hard Seltzer Market is segmented into content, distribution channel and region.
On the basis of Content
· 1.0% to 4.9%
· 5.0% to 6.9%
· Others
On the basis of End-User Industry
· Off-trade
· On-trade
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
Access Full Report: https://www.delvens.com/report/hard-seltzer-market
In addition to the market data for Hard Seltzer Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
More Related Reports:
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Contact us:
Unit No. 01, 3rd Floor, Plot No. 56, Block B
Sector 2 Noida, Near Noida Sector 15 Metro Station 201301, IN
+44 20 3290 6466
+0120- 4903958
