Alcoholic Drinks Market Revenue, Driving Factors, Key Players, Strategies, Trends, Forecast
The global Alcoholic drinks market size reached USD 2,136.23 Billion in 2022 and is expected to register a revenue CAGR of 9.6% during the forecast period, according to latest analysis by Emergen Research. With the increasing focus on experiential consumption, mixologists and beverage companies are broadening their creative boundaries to curate unique and immersive cocktail experiences. This entails incorporating inventive ingredients, combining a range of flavor characteristics, and embracing distinctive presentation techniques, resulting in a complete transformation of traditional cocktail culture. The ongoing trend to customize drinks is prominently observed in the realm of cocktails, where mixologists and beverage companies are enthusiastically adopting the notion of "personalized cocktails." An illustrative example of this is the rise of do-it-yourself cocktail kits. These kits provide aficionados with precisely measured ingredients, recipes, and even specialized tools...