Canada Alcoholic Drinks Market Size, Industry Statistics and Trends, 2015 to 2025

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Canada Alcoholic Drinks Market Size, Share,
Growth Rate, Price Trends, Competitive Strategies
and Forescast to 2025 Hexa Research
Canada alcoholic drinks market was estimated to
account for a value of USD 26.80 billion in 2017
and is expected to reach USD 35.08 billion by
2025
20 September 2018, Canada Alcoholic Drinks Market
is expected to reach USD 35.08 billion by 2025 as
a result of increasing rate of consumption among
the consumers. Moreover, the premium alcohol is
gaining popularity among the Canada alcohol
drinkers. The increasing disposable income of
consumers and the rise in drinking age population
in Canada is expected to contribute significantly
to the growth of the market over the forecast
period. Furthermore, the spirits made in Canada
has witnessed a steady growth over the past few
years. However, the increasing imports of
alcoholic brews are expected to drive the growth
of the Canada alcoholic beverages market in
future.
The distribution channel of alcoholic drinks has
witnessed significant change over the past few
years. For instance, in 2016 the beer, wine and
cider were allowed to be sold through grocery
stores in Ontario which has positively driven the
sales and contributed in the growth of the
Canadian alcoholic drinks market. However, the
online retailing of private drinks has gained
significant popularity among Canadian consumers.
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The increasing hectic schedule of the population
has resulted in the increasing demand for door
step service. Thus, home delivery services
offered by the online retailers have attracted
the consumers. For instance, The Wine Shop, My
Wine Canada, Everything Wine and others provide
store to home service and availability of gifting
options is expected to tempt the consumers. Thus,
the online wine retailers are expected to result
in the proliferation of off trade channel thereby
boosting the growth of the alcoholic beverages
market in Canada over the forecast period.
Moreover, the health-conscious consumers are
looking for health benefits while consuming
alcoholic drinks. Hence, the continuous shifting
preferences of consumers are expected to drive
the market growth. The consumers are seeking
clean products, hence they are careful about the
product they consume, the ingredients used in it,
whether it is synthetic or natural. The consumers
are more attracted towards green label products.
The manufacturers are offering transparency with
the content and sustainable brewing practices.
For instance, Molson Coors have achieved zero
waste for landfill across at their
major manufacturing plants. The environmental and
consumer responsibility taken by the companies
are attracting the consumer and are expected to
drive the Canada Alcoholic Drinks market over the
forecast period.
Beer is the most commonly consumed alcoholic
drink in Canada. The Northwest and Yukon are the
highest region for beer consumption. The
innovative product launches from high, low to no
alcohol beer are gaining popularity with the
increasing quality concerns as consumers are
inclined towards premium segments.
The manufacturers are compelled to provide rich
experience to their consumers. For instance, the
Historic Pale Ale by Molson Coors is based on an
historic recipe from 1908. Thus, different
flavors having unique taste is expected to drive
the beer market in Canada over the forecast
period. The increase in demand for authenticate
and unusual flavors of beer are expected to drive
the alcoholic drinks market in Canada over the
forecast period. However, wine market has
observed growth of around 4 in 2016 owing to the
increasing imports. For instance, in 2016, the
imported red wine sales accounted for around 75
of red wine sold in Canada. Wine segment
witnessed growth around the region however,
especially in Newfoundland and Labrador reported
the highest among all the wine consumption region
of Canada. The increasing consumption of wine and
spirits is expected to drive the growth of the
Canada alcoholic drinks industry over the
forecast period.
Hexa Research has segmented the Canada alcoholic
drinks market report based on type and
distribution channel
Segmentation by type, 2015 - 2025 (USD Billion)
Beer Cider Flavored Alcoholic Beverage
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Wine
Spirits
Segmentation by distribution channel, 2015 - 2025
(USD Billion)
Off trade On trade
Key players analyzed
Diageo Canada Inc.
Kirkwood Diamond Canada Anheuser-Busch
InBev. Pernod Ricard
The Molson Coors Brewing Company
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Table of Contents of Canada Alcoholic Drinks
Market
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope 2.1. Research
methodology 2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope market segmentation
Chapter 4. Canada Alcoholic Drinks Market Trends
Drivers Opportunities 4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Supply Chain
4.3. Porter's Five Forces analysis
Chapter 5. Canada Alcoholic Drinks Market Trends,
By type 5.1. Canada alcoholic drinks market
movement, by type, 2017 2025 5.1.1. Beer
5.1.1.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.2. Cider Flavored
Alcoholic Beverage 5.1.2.1. Market estimates and
forecast, 2015 - 2025 (USD Billion) 5.1.3. Wine
5.1.3.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.4. Spirits
5.1.4.1. Market estimates and forecast, 2015 -
2025 (USD Billion)
Chapter 6. Canada Alcoholic Drinks Market Trends,
By Distribution Channel 6.1. Canada alcoholic
drinks market movement, by distribution channel,
2017 2025 6.1.1. Off trade
6.1.1.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 6.1.2. On trade
6.1.2.1. Market estimates and forecast, 2015 -
2025 (USD Billion)
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Chapter 7. Competitive Landscape
7.1. Competitive landscape analysis, 2017 7.2.
Strategic framework
7.3. Company profiles
7.3.1. Diageo Canada Inc.
7.3.1.1. Company Overview 7.3.1.2. Product
Benchmarking 7.3.1.3. Financial
Performance 7.3.1.4. Recent Initiatives
7.3.2. Kirkwood Diamond Canada 7.3.2.1. Company
Overview 7.3.2.2. Product Benchmarking 7.3.2.3.
Financial Performance 7.3.2.4. Recent Initiatives
7.3.3. Anheuser-Busch InBev. 7.3.3.1. Company
Overview 7.3.3.2. Product Benchmarking 7.3.3.3.
Financial Performance 7.3.3.4. Recent Initiatives
7.3.4. Pernod Ricard
7.3.4.1. Company Overview 7.3.4.2. Product
Benchmarking 7.3.4.3. Financial
Performance 7.3.4.4. Recent Initiatives
7.3.5. The Molson Coors Brewing Company 7.3.5.1.
Company Overview 7.3.5.2. Product
Benchmarking 7.3.5.3. Financial
Performance 7.3.5.4. Recent Initiatives
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