Exploring the GCC Alcoholic Drinks Market: Insights, Key Drivers, and Major Players

Introduction to the GCC Alcoholic Drinks Market

Alcoholic drinks are fermented beverages that consist of ethyl alcohol or ethanol as a primary intoxicating ingredient. These drinks are fermented from fruits, berries or grains, and other ingredients, and as a byproduct a chemical compound ethanol is formed. These drinks come in a wide variety of flavors and types due to different ingredients and production methods resulting in a wide range of tastes and different levels of alcohol by percentage. Some common types of alcoholic drinks are beer, wine, spirits, etc.

GCC Alcoholic Drinks Key market insights include:

Market Size and Growth: 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.   

Country: The UAE, Qatar, Oman, Bahrain

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What is driving the growth of the  GCC Alcoholic Drinks Market market?

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.

Market Segmentation

The GCC Alcoholic Drinks Market can be segmented based on several criteria, including:

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

-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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Key Players in the GCC Alcoholic Drinks Market

The GCC Alcoholic Drinks Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the GCC Alcoholic Drinks Market include:

• 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.
• Molson Coors Brewing Co
• Others

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Questions Addressed in this Study

1.What factors are driving the GCC Alcoholic Drinks Market growth?

2.How is the GCC Alcoholic Drinks Market expected to grow over the next five years?

3.What are the key insights into the current trends in the GCC Alcoholic Drinks Market?

4.What is the current size of the GCC Alcoholic Drinks Market, and how is it projected to change in the future?

6.What is the future outlook for the GCC Alcoholic Drinks Market in terms of technological advancements and market expansion?

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