Hard Seltzer Market Report Overview
Maximize Market Research published reports that help clients to understand the landscape of the Hard Seltzer Market that the client is competing in. The report gives insights about the market to help clients understand the demand for their product in the future and how competitive the Hard Seltzer is likely to be. The Hard Seltzer market overview gives thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.
The Hard Seltzer Market size was valued at USD 19.33 Bn. in 2023 and is expected to reach USD 43.81 Bn. by 2030, at a CAGR of 12.4%.
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Hard Seltzer Market Report Scope and Research Methodology
The Hard Seltzer market report delves into the importance of segments and regional markets, based on factors like market size and growth rate. A comprehensive overview of all segments and regions is outlined within the report. An in-depth analysis of projected statistics, significant developments, and revenue is encompassed in the Hard Seltzer market report. It also entails a thorough examination of the key strategies employed by leading market players to enhance business growth on a global scale while maintaining a competitive edge. The research on the Hard Seltzer market encompasses an evaluation of production, consumption, revenue, market share, and growth rates across the following regions: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The application of SWOT analysis offers insights into the strengths and weaknesses of the Hard Seltzer market.
Hard Seltzer Market Regional Insights
The Hard Seltzer market study includes company profiles from various regions, as well as information on their business strategies and statistics. The analysis of dynamics and the Hard Seltzer market size has been provided at local, regional and global levels.
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Hard Seltzer Market Segmentation
By ABV Content
1.0% to 4.9%
5.0% to 6.9%
Others
By Packaging Type
Glass Bottles
Metal Cans
By Flavor
Classic or unflavored
Flavored
By Distribution Channel
Off-trade
On-trade
The market is divided into two segments based on the distribution channel: off-trade and on-trade. In 2023, the Off-trade had the biggest market share for Hard Seltzer. A wide range of retail establishments are included in this category, such as micro markets, supermarkets, hypermarkets, convenience stores, and wine and spirit stores. These establishments attract customers because of the significant sales and discounts they provide. In an effort to reach a broad consumer base, numerous firms also decide to introduce their goods through major supermarket chains like Walmart and Target.
Hard Seltzer Market Key Players
1. White Claw (Mark Anthony Brands)
2. Truly (Boston Beer Company)
3. Bud Light Seltzer (Anheuser-Busch InBev)
4. Smirnoff Seltzer (Diageo)
5. Bon & Viv (Anheuser-Busch InBev)
6. Corona Hard Seltzer (Constellation Brands)
7. Michelob Ultra Organic Seltzer (Anheuser-Busch InBev)
8. Vizzy (Molson Coors Beverage Company)
9. High Noon (E&J Gallo Winery)
10. Arctic Summer (Polar Beverages)
11. Two Robbers
12. Henry’s Hard Sparkling Water (Molson Coors Beverage Company)
13. Maha (Beverage Trade Network)
14. Willie’s Superbrew
15. Press (Lenny Boy Brewing Co.)
16. Wild Basin (Oskar Blues Brewery)
17. Crook & Marker
Key questions answered in the Hard Seltzer Market are:
- What are the Hard Seltzer Market segments?
- Which Hard Seltzer market segment is expected to grow rapidly during the forecast period?
- What is the expected CAGR of the Hard Seltzer market during the forecast period?
- Who are the top players in the Hard Seltzer industry?
- Which region is expected to grow at a high CAGR during the forecast period?
- Which region held the largest Hard Seltzer market share in 2022?
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Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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