The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), GCC Alcoholic Drinks Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

GCC Alcoholic Drinks Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, 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.  The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.

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What is Included in GCC Alcoholic Drinks Market Segmentation?

The report has segmented the market into the following categories:

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 - Market Size & Forecast 2019-2030, (Quantity Sold in Million Liters & Revenues in USD Million)
  • 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)

The on-trade segment is expected to hold a major share of the GCC Alcoholic Drinks Market in the forthcoming period. On-trade refers to the case of consumption of alcohol at designated areas such as hotels, bars, night clubs etc.

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)

By Country

• The UAE
• Qatar
• Oman
• Bahrain

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Key Factor Driver GCC Alcoholic Drinks Industry Growth by 2030

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.

Who are the Key Players Operating in the GCC Alcoholic Drinks Industry?

The top companies of the GCC Alcoholic Drinks market ruling the industry are: 

• 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

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FAQs (Frequently Ask Questions)

1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
2. What are the trends influencing the current scenario of the GCC Alcoholic Drinks Market?
3. What are the key factors that would propel and hinder the industry?
4. Which geographical area dominates the GCC Alcoholic Drinks industry?
5. Which is the Leading segment in the market?

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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