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Vodka Seltzer Market Trends

  • Report ID: GMI11602
  • Published Date: Sep 2024
  • Report Format: PDF

Vodka Seltzer Market Trends

A key trend shaping the vodka seltzer landscape is the rising demand for premiumization. As consumers increasingly prioritize the quality of their alcoholic choices, there's a marked shift towards high-quality, craft vodka seltzers, especially those crafted with natural ingredients and authentic vodka. This pivot towards premium offerings is poised to draw in a wider audience, encompassing even those with a historical preference for spirits or cocktails.
 

Furthermore, sustainability is emerging as a pivotal factor in both production and packaging decisions. With a heightened consumer focus on environmental ramifications, brands are anticipated to embrace eco-friendly initiatives. This includes adopting recyclable or biodegradable packaging and sourcing ingredients from sustainable, local farms.
 

Looking ahead, another trend is the regional diversification of the vodka seltzer market. North America has long held the reins as the dominant market. However, with rising awareness and demand in regions like Asia-Pacific and Europe, a global expansion seems imminent. As Western drinking habits permeate other regions and these markets warm up to ready-to-drink (RTD) beverages, vodka seltzers stand poised for substantial growth.

 

Moreover, the burgeoning interest in functional ingredients within alcoholic beverages is set to influence the market. Future iterations of vodka seltzers might feature additions like vitamins, electrolytes, or botanicals, catering to health-conscious consumers and resonating with the overarching "better-for-you" trend.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of vodka seltzer reached USD 17.9 billion in 2023 and is set to grow at a 10.4% CAGR from 2024 to 2032.

The standard ABV (4%-6%) segment crossed USD 12.5 billion in 2023 and is projected to expand at a 10.6% CAGR till 2032. Add growth driver here question and.

Fruity flavored vodka seltzers segment is expected to grow at 10.7% CAGR through 2032.

The North America market was valued at USD 8.4 billion in 2023 and is poised to record around 10.7% CAGR during 2024 to 2032.

Top companies in the industry include High Noon, Anheuser-Busch Companies, Corona, Deep Eddy Vodka, Diageo, Hard Seltzer Beverage Company, Molson Coors Beverage Company, The Coca-Cola Company, The Mark Anthony Group of Companies, and White Claw Seltzer Works.

Vodka Seltzer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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