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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America, led by U.S. dominates the alcohol market due to the increasing demand of liquor beverages and shift in trends of consumer habits in this region. Large presence of manufacturers is also a key driving factors for product market growth.  In Europe, maximum consumption of beer by adults, positive income trends and trade of liquor in this region is likely to propel the alcohol market size in future. High excise duties, strict regulations on low quality of drinks and minimum prices of high quality liquor drinks are some of the key factors that will drive the product demand. Asia pacific, led by India and China are the potential market of liquor based beverages owing to product penetration by manufacturers, increasing consumption and changing consumer habits. Regional Analysis of Alcohol Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Alcohol Market :  Growth in medical sector will fuel the alcohol market size owing to its usage for liquid preparation of cold and cough syrups, pain medication and in mouth washes to remove the germs from mouth, as it contains around 20% of ethanol. Increasing demand for automotive will drive product market due to its excessive use in high grade fuel in order to increase the fuel performance. Upsurge in industrial activity is likely to boost the product market demand as it is used in coatings, adhesives and printing inks owing to quick drying property.  Increasing acceptance for the consumption of liquor in the cultural beliefs of consumers in developing regions is likely to propel the product market growth in future. Rising skin and health concerns results that consumers are switching to less calorie liquor drinks which has bound producers to introduce variety of pre-mixed cocktails with low calories level in the market.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key players in alcohol market include Anheuser-Busch, Beam Suntory, Accolade Wines, Bacardi, Constellation Brands, Carlsberg and China Resource Enterprise. Some other notable players include Diageo, Heineken, E. & J. Gallo Winery, Vina Concha y Toro, Treasury Wine Estates, Torres, The Wine Group, SABMiller and Pernod Ricard. For an instance, In March 2017, Anheuser-Busch had announced national launch of best brewing flavors due to the high customers demand for the product. Competitive Market Share of Alcohol Market :

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