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Canned Alcoholic Beverages Market Research Report: By Type (Beer, Cider, Wine, Ready-to-Drink Cocktails, Spirits), By Flavor (Fruity, Spicy, Herbal, Classic, Savory), By Packaging Type (Standard Cans, Slim Cans, Large Format Cans, Can Multi-Packs, Aluminum Bottles), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores, Bars/Restaurants) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.


ID: MRFR/F-B & N/10798-CR | 128 Pages | Author: Pradeep Nandi| October 2023

Canned Alcoholic Beverages Market Summary

As per MRFR Analysis, the Global Canned Alcoholic Beverages Market was valued at 5.36 USD Billion in 2023 and is projected to grow to 12 USD Billion by 2035, reflecting a CAGR of 6.94% from 2025 to 2035. The market is driven by consumer preferences for convenience, portability, and a diverse range of flavors, particularly among millennials and Generation Z. The rise of e-commerce has further facilitated access to a wider selection of products, enhancing market growth.

Key Market Trends & Highlights

Key trends driving the Canned Alcoholic Beverages Market include:

  • Growing demand for convenience products, with ready-to-drink alcoholic beverages seeing a 20% sales increase from 2019 to 2021.
  • Craft beverage segment expansion, with craft beer volume growing by approximately 22% since 2015.
  • Increased online alcohol sales, which surged by about 50% during 2020, continuing to reshape distribution channels.
  • Diverse flavor offerings, with fruity flavors particularly popular among younger consumers.

Market Size & Forecast

2023 Market Size: USD 5.36 Billion
2024 Market Size: USD 5.73 Billion
2035 Market Size: USD 12 Billion
CAGR (2025-2035): 6.94%
Largest Regional Market Share in 2024: North America.

Major Players

Key players include Mike's Hard Lemonade, AnheuserBusch InBev, Molson Coors Beverage Company, SABMiller, Pernod Ricard, Bacardi Limited, Carlsberg Group, Crown Imports, The CocaCola Company, Diageo, Heineken N.V., AB InBev, Constellation Brands, and White Claw Hard Seltzer.

Canned Alcoholic Beverages Market Overview


Source Primary Research, Secondary Research, MRFR Database and Analyst Review


Key Canned Alcoholic Beverages Market Trends Highlighted


The global canned alcoholic beverages market has experienced substantial development, which has been fueled by a variety of key market drivers. The demand for portable and convenient alcoholic options has increased as a result of the evolving lifestyles of consumers, particularly those in the younger demographic. Canned beverages are not only convenient for on-the-go lifestyles, but they are also lightweight, which makes them alluring to busy consumers. Furthermore, the popularity of canned alcoholic beverages has been bolstered by the increasing prevalence of outdoor social events and activities, which has been facilitated by a growing trend toward eco-friendly packaging. The market offers a plethora of opportunities for exploration, particularly as a result of the incorporation of health-oriented alternatives and distinctive flavors.

As consumers become more health-conscious, products that feature lower sugar, organic ingredients, or functional benefits, such as added vitamins or electrolytes, are becoming more appealing. Craft breweries and innovative beverage companies are capitalizing on these trends by introducing new products that are tailored to the diverse preferences of consumers, thereby providing a diverse selection of options in the canned segment. Additionally, sustainability and eco-friendliness have emerged as prevalent trends in recent years. Brands have begun to emphasize sustainable production methods and recyclable packaging for their canned alcoholic beverages in response to the growing awareness of environmental issues.

This change is not only consistent with consumer values but also has the potential to distinguish brands in a congested market. The rise of social media has further amplified these trends, leading to a surge in visually appealing and shareable products that resonate with consumers on platforms like Instagram. In general, the Global Canned Alcoholic Beverages Market is characterized by a dynamic landscape that is influenced by environmental concerns, evolving consumer behavior, and innovative product offerings.


Canned Alcoholic Beverages Market Drivers


Rising Demand for Convenience Products


The Global Canned Alcoholic Beverages Market Industry is witnessing a significant increase in demand for convenient, ready-to-drink products, particularly among younger consumers. According to a survey conducted by the International Alcoholic Beverage Association, more than 60% of millennials and Generation Z prefer portable and easy-to-consume beverage options. This trend is driven by the busy lifestyles of consumers who prioritize convenience without compromising on taste.

Established brands like Anheuser-Busch and Diageo have been strategically expanding their canned offerings to meet this demand, thereby contributing to industry growth. Furthermore, the growing trend of outdoor activities, such as picnics and barbeques, is pushing the sales of canned alcoholic beverages, as they are lightweight and easy to transport.


Health-Conscious Consumption Trend


The awareness around health and wellness has led to an increasing segment of the Global Canned Alcoholic Beverages Market Industry focusing on lower-calorie and lower-alcohol beverages. Data from the World Health Organization indicates a steady decline in alcohol consumption rates among various demographics, with many consumers opting for 'healthier' drinking options. Companies like Molson Coors have introduced light and low-calorie alcoholic beverages in cans, attracting health-conscious consumers.

This shift not only captures a new customer base but also aligns with global health initiatives aimed at reducing alcohol-related health issues.


Innovative Flavors and Craft Beverage Trends


The rise of craft beverage culture continues to drive innovation within the Global Canned Alcoholic Beverages Market Industry. Research from the Brewers Association indicates that over 25% of all beer sales in the Global markets now come from craft breweries, many of which are using canning as their distribution method. These breweries are experimenting with unique flavors and limited-edition offerings to enhance consumer experience. Major players like Boston Beer Company have also launched their unique craft lines in cans, catering to this trend. The push towards unique, flavorful offerings is attracting both new consumers and retaining existing ones, resulting in remarkable growth potential.


Canned Alcoholic Beverages Market Segment Insights


Canned Alcoholic Beverages Market Type Insights


The Global Canned Alcoholic Beverages Market is expanding significantly, showcasing diverse segments categorized under Type. The market, with a valuation reaching 5.73 USD Billion in 2024, reflects an exciting growth trajectory. Within this expansive market, Beer emerges as a dominant segment, holding a significant portion of the market with revenues of 2.45 USD Billion in 2024, projected to reach 5.0 USD Billion by 2035, indicating its majority holding in this sector. Beer’s popularity can be attributed to changing consumer preferences towards convenience, as well as its cultural significance in various regions around the globe.


 Cider, another important segment in the Global Canned Alcoholic Beverages Market, is valued at 0.95 USD Billion in 2024 and is forecasted to grow to 2.05 USD Billion by 2035. The rise of cider can be linked to its appeal as a gluten-free alternative to beer, capitalizing on the increasing demand for healthier beverage options among health-conscious consumers. Meanwhile, the Wine segment reports a valuation of 1.3 USD Billion in 2024, anticipated to enhance to 2.8 USD Billion by 2035. This segment’s growth reflects the evolving wine consumption patterns, especially among younger drinkers who seek novel packaging and experiences.
Ready-to-Drink Cocktails are valued at 0.75 USD Billion in 2024 and are expected to climb to 1.5 USD Billion by 2035. This segment is gaining traction as it caters to consumers looking for quick and convenient options to consume cocktails without the need for preparation. Meanwhile, Spirits, though smaller in comparison, holding a value of 0.28 USD Billion in 2024 and projected to grow to 0.65 USD Billion by 2035, represent a unique niche within the canned market, appealing to enthusiasts seeking portable versions of traditional spirits, further diversifying consumer choices.


The Global Canned Alcoholic Beverages Market segmentation reveals a dynamic interplay of consumer trends, preferences, and innovations. Overall, the market's growth is aided by several factors including escalating urbanization, increased disposable income, and the rising popularity of casual drinking occasions, contributing to a surge in demand for canned alcoholic beverages across the globe. As individuals continue to seek convenience, and portable options that align with their lifestyles, the market is positioned for sustainable growth and a diverse range of offerings across each segment.


Canned Alcoholic Beverages Market Type Insights


Source Primary Research, Secondary Research, MRFR Database and Analyst Review


Canned Alcoholic Beverages Market Flavor Insights


In the Global Canned Alcoholic Beverages Market, the Flavor segment plays a crucial role, contributing to the overall market dynamics. By 2024, the market is projected to be valued at 5.73 USD Billion, indicating a growing consumer preference for innovative and diverse flavor profiles. The market is increasingly gravitating towards unique flavors, with Fruity beverages capturing significant interest due to their refreshing taste and appeal among younger demographics. Spicy and Herbal flavors are also gaining traction, catering to consumers seeking a more adventurous experience.

Classic flavors remain important for traditionalists, ensuring a broad market base. Savory flavors are emerging as a niche yet noteworthy trend, appealing to consumers who desire complexity in their beverages. The evolution of taste preferences and experimental flavor fusions are driving the Global Canned Alcoholic Beverages Market growth. Increased globalization and cross-cultural influences continue to inspire flavor innovation, creating opportunities for brands to differentiate themselves in a competitive landscape. Overall, the segmentation of flavors within this market reflects changing consumer habits and the importance of flavor choice in the decision-making process for canned alcoholic beverages.


Canned Alcoholic Beverages Market Packaging Type Insights


The Global Canned Alcoholic Beverages Market showcases diverse Packaging Types, which play a crucial role in the appeal and distribution of these products. By 2024, the market is valued at 5.73 billion USD, with significant growth expected as consumer preferences shift towards convenient and portable beverage options. Standard Cans remain essential due to their widespread acceptance and practicality for casual consumption. Slim Cans cater to health-conscious consumers, appealing with their reduced calorie options while providing a stylish design.



Large Format Cans, typically favored for gatherings, provide convenience in sharing, thus driving demand in social settings. Can Multi-Packs enhance value perception through bulk purchasing, resonating well with cost-conscious shoppers. Additionally, Aluminum Bottles offer a premium feel and are highly regarded for their recyclability and durability. This Packaging Type diversity not only meets varied consumer preferences but also supports sustainability efforts within the global market, reflecting a blend of market growth and evolving consumer trends, contributing positively to the Global Canned Alcoholic Beverages Market statistics.

Furthermore, the emphasis on convenience and eco-friendliness presents opportunities for innovation and expansion, ensuring that packaging solutions remain aligned with global market dynamics and consumer expectations.


Canned Alcoholic Beverages Market Distribution Channel Insights


The Global Canned Alcoholic Beverages Market, valued at 5.73 billion USD in 2024, showcases a diversified distribution channel segment that plays a crucial role in market growth. Key channels include Supermarkets and Hypermarkets, which serve as major hubs due to their extensive reach and consumer traffic, while Convenience Stores attract on-the-go customers looking for quick purchases. Online Retail has gained significant momentum, driven by growing e-commerce trends, providing consumers with easy access to a variety of products from the comfort of their homes.

Specialty Stores cater to niche markets, often offering curated selections that appeal to particular consumer tastes, enhancing the shopping experience. Bars and Restaurants also significantly contribute to the market, serving ready-to-drink options to their patrons and aiding in brand exposure. Collectively, these distribution channels reflect the changing consumer preferences and the market's adaptability to different purchasing behaviors, thus illustrating the importance of diverse accessibility in the Global Canned Alcoholic Beverages Market segmentation.

The growth in online retail is particularly notable, as it represents a vast opportunity for expanding market reach and enhancing consumer convenience.


Canned Alcoholic Beverages Market Regional Insights


 


The Global Canned Alcoholic Beverages Market is projected to exhibit a significant growth trajectory, with North America leading the charge. Valued at 2.25 USD Billion in 2024, North America is expected to grow considerably, reaching 4.8 USD Billion by 2035. Europe follows with a market valuation of 1.8 USD Billion in 2024 and a projected growth to 3.9 USD Billion in 2035, reflecting its strong preference for innovative canned alcoholic beverages. Meanwhile, South America, valued at 0.45 USD Billion in 2024, anticipates a rise to 1.05 USD Billion by 2035, showcasing its emerging market potential.

The Asia Pacific region, holding a valuation of 1.8 USD Billion in 2024, is expected to see growth, reaching 2.7 USD Billion in 2035, driven by the increasing popularity of convenient alcoholic options among younger consumers. The Middle East and Africa, while the smallest market at 0.43 USD Billion in 2024, is expected to grow to 0.65 USD Billion in 2035, reflecting the gradual acceptance of canned beverages. Overall, the regional dynamics show North America as the dominant player, accounting for the majority share, while other regions like Europe and Asia Pacific contribute to the market growth driven by changing consumer trends and increased convenience in alcoholic beverage consumption.


In the Canned Alcoholic Beverages Market, the Packaging Type segment plays a crucial role in consumer preference and market dynamics. The overall market is expected to be valued at 5.73 billion USD in 2024, showcasing substantial growth potential. Within this segment, Standard Cans are widely popular due to their convenience and cost-effectiveness, leading to significant market share. Slim Cans have garnered attention among health-conscious consumers, appealing with their stylish design and portability. Large Format Cans cater to social settings, enabling sharing and promoting occasions like picnics or gatherings.


Can Multi-Packs offer value-driven solutions for consumers looking to stock up, thus enhancing brand loyalty. Aluminum Bottles, while less predominant, provide a premium feel and brand differentiation, particularly in craft beverages. The diversity in packaging types reflects evolving consumer behavior and preferences, underpinning the importance of innovation in the Canned Alcoholic Beverages Market. Factors like convenience, sustainability, and aesthetics drive market growth, with brands increasingly investing in packaging that aligns with consumer values.


The increasing demand for ready-to-drink options is also a significant contributor to the expansion of this market segment.


Canned Alcoholic Beverages Market Distribution Channel Insights


The Canned Alcoholic Beverages Market is influenced significantly by its Distribution Channel, which plays a crucial role in reaching consumers effectively. In 2024, the market is expected to be valued at 5.73 USD Billion, with several distribution channels contributing to this growth. Supermarkets and hypermarkets serve as major retailers, offering convenience and a wide selection, which appeals to a diverse consumer base. Convenience stores have also become increasingly important as they provide easy access for on-the-go consumers. The rise of online retail is reshaping the landscape, allowing consumers to purchase canned alcoholic beverages from the comfort of their homes, contributing to the market's expansion.


Specialty stores provide curated selections that cater to niche markets, enhancing the overall consumer experience. Bars and restaurants remain significant, acting as key influencers and promoting new brands and flavors. This diversified approach in distribution channels underscores the Canned Alcoholic Beverages Market's adaptability to consumer preferences and changing shopping behaviors, ensuring sustained growth and engagement across various platforms.


Canned Alcoholic Beverages Market Regional Insights


The Canned Alcoholic Beverages Market is experiencing significant growth across various regions, with North America leading the way, valued at 2.45 USD Billion in 2024 and projected to reach 5.1 USD Billion by 2035. This region's dominance is driven by strong consumer demand for convenient and portable beverage options. Europe follows suit, illustrating a healthy market with a valuation of 1.8 USD Billion in 2024 and expected growth to 3.8 USD Billion by 2035, largely due to the increasing trend of social gatherings and outdoor events where canned beverages are favored.


Meanwhile, the APAC region, valued at 1.2 USD Billion in 2024 and growing to 2.5 USD Billion by 2035, shows potential due to younger demographics and rising disposable income. South America, with a smaller but notable valuation of 0.9 USD Billion in 2024 and 1.8 USD Billion in 2035, reflects emerging markets slowly adopting canned alcoholic beverages amid changing lifestyle habits. The Middle East and Africa (MEA) region, currently valued at 0.38 USD Billion in 2024, is expected to rise to 0.8 USD Billion by 2035, indicating steady growth despite challenges from cultural preferences against alcohol consumption.


Overall, the diverse trends across these regions highlight the evolving preferences for canned alcoholic beverages, presenting numerous opportunities for market expansion and innovation within the Canned Alcoholic Beverages Market industry.


Canned Alcoholic Beverages Market Regional Insights


Source Primary Research, Secondary Research, MRFR Database and Analyst Review


Canned Alcoholic Beverages Market Key Players and Competitive Insights


The Global Canned Alcoholic Beverages Market is experiencing significant growth, driven by changing consumer preferences and the rising popularity of convenient and portable drink options. This market includes a diverse range of products, such as canned cocktails, hard seltzers, and beer, each catering to different demographics and occasions. The competitive landscape is continually evolving as brands innovate to capture consumer interest and expand their market share. Factors such as packaging design, flavor innovation, and marketing strategies play a crucial role in how companies differentiate themselves in this vibrant sector. Additionally, the market is also influenced by broader trends, including health consciousness and premiumization, leading businesses to explore sustainable sourcing and premium ingredient options to appeal to discerning consumers.

The Boston Beer Company has established a formidable presence in the Global Canned Alcoholic Beverages Market, primarily recognized for its innovative product offerings and strong brand equity. Known for its Samuel Adams line of beers, the company has ventured into the realm of canned cocktails and hard seltzers, effectively leveraging its expertise in brewing to diversify its product portfolio. One of the company's key strengths lies in its commitment to quality and flavor, which resonates well with consumers looking for unique experiences in canned alcoholic beverages. With a strong distribution network and marketing initiatives that emphasize craft brewing, the Boston Beer Company has successfully positioned itself as a leader in this competitive landscape, consistently responding to evolving trends to maintain its relevance in the market.

BrownForman is a prominent player in the Global Canned Alcoholic Beverages Market, recognized for its expansive portfolio of iconic spirits and ready-to-drink products. This company is well-known for its strategic focus on innovation and quality, which solidifies its standing in the market. Key products include canned versions of their popular cocktail lines and mixers, designed to offer consumers a sophisticated drinking experience in a convenient format. BrownForman's strength is amplified through its established distribution channels and robust global presence, enabling it to reach a wide audience effectively. The company has been active in mergers and acquisitions to enhance its market position and expand its product offerings, thereby allowing it to tap into niche markets within the canned alcoholic beverage sector. Their commitment to sustainability and responsible drinking further bolsters their appeal among consumers who prioritize these values, making them a significant competitor in this fast-evolving market.


Key Companies in the Canned Alcoholic Beverages Market Include





    • AnheuserBusch InBev



    • Molson Coors Beverage Company



    • SABMiller



    • Pernod Ricard



    • Bacardi Limited



    • Carlsberg Group



    • Crown Imports



    • The CocaCola Company



    • Diageo



    • Heineken N.V.



    • AB InBev



    • Constellation Brands




    • Zevia LLC



Canned Alcoholic Beverages Market Industry Developments


The Canned Alcoholic Beverages Market has witnessed significant developments recently, notably with major players such as AnheuserBusch InBev and Molson Coors Beverage Company expanding their product ranges to cater to increasing consumer demand for convenience and ready-to-drink options. In September 2023, Mike's Hard Lemonade launched new flavor variations targeting younger demographics, indicating a growing trend toward flavor innovation. Current affairs in the market reflect substantial growth, driven by the rising popularity of hard seltzers and canned cocktails, leading Diageo and White Claw Hard Seltzer to increase their market investments. In terms of mergers and acquisitions, Constellation Brands made news in October 2023 by acquiring a smaller competitor to enhance its product portfolio and market share. Additionally, Pernod Ricard is advancing its distribution channels globally, tapping into the burgeoning demand for alcoholic beverages in emerging markets. Industry valuation continues to rise, with forecasts suggesting a robust growth trajectory as consumers increasingly favor convenient and portable beverage options. The cumulative impact of these trends is shaping a dynamic landscape in the Canned Alcoholic Beverages Market.


Canned Alcoholic Beverages Market Segmentation Insights


Canned Alcoholic Beverages Market Type Outlook



  • Beer

  • Cider

  • Wine

  • Ready-to-Drink Cocktails

  • Spirits


Canned Alcoholic Beverages Market Flavor Outlook



  • Fruity

  • Spicy

  • Herbal

  • Classic

  • Savory


Canned Alcoholic Beverages Market Packaging Type Outlook



  • Standard Cans

  • Slim Cans

  • Large Format Cans

  • Can Multi-Packs

  • Aluminum Bottles


Canned Alcoholic Beverages Market Distribution Channel Outlook



  • Supermarkets/Hypermarkets

  • Convenience Stores

  • Online Retail

  • Specialty Stores

  • Bars/Restaurants


Canned Alcoholic Beverages Market Regional Outlook



  • North America

  • Europe

  • South America

  • Asia Pacific

  • Middle East and Africa

Report Attribute/Metric Details
Market Size 2023 5.36 (USD Billion)
Market Size 2024 5.73 (USD Billion)
Market Size 2035 12.0 (USD Billion)
Compound Annual Growth Rate (CAGR) 6.95% (2025 - 2035)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Boston Beer Company, BrownForman, Heineken, Molson Coors Beverage Company, AnheuserBusch InBev, Kirin Holdings, MillerCoors, Constellation Brands, The CocaCola Company, Suntory Beverage & Food, Diageo, Asahi Group Holdings, Pernod Ricard, Campari Group, AB InBev
Segments Covered Type, Flavor, Packaging Type, Distribution Channel, Regional
Key Market Opportunities Increased demand for convenience, Rising popularity of ready-to-drink, Innovative flavors and packaging, Expansion into new demographics, Growth in outdoor and event consumption
Key Market Dynamics Rising consumer demand for convenience, Growth of ready-to-drink products, Increasing health consciousness among consumers, Expanding variety of flavors, Innovative packaging solutions
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Global Canned Alcoholic Beverages Market was valued at 5.73 USD Billion in 2024.

By 2035, the market is projected to reach a value of 12.0 USD Billion.

The expected CAGR for the market from 2025 to 2035 is 6.95%.

The beer segment is projected to have the largest market size in 2035, valued at 5.0 USD Billion.

The wine segment was valued at 1.3 USD Billion in 2024 and 2.8 USD Billion in 2035.

North America dominated the market in 2024 with a value of 2.25 USD Billion.

The Asia Pacific region is projected to grow from 1.8 USD Billion in 2024 to 2.7 USD Billion in 2035.

The spirits segment of the Global Canned Alcoholic Beverages was valued at 0.28 USD Billion in 2024.

Major players include Boston Beer Company, Heineken, and Anheuser-Busch InBev, among others.

The ready-to-drink cocktails segment is expected to reach a market size of 1.5 USD Billion by 2035.

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