Lucintel Estimates $1,347 Billion Market for Global Beverage Industry by 2017

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Lucintel Estimates $1,347 Billion Market for Global Beverage Industry by 2017

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Global beverage industry's rising product demand, not much affected by the currents of global recession, bears testimony to its unyielding growth throughout. The industry is expected toreach $1,347 billion by 2017 with a 4.6% CAGR over 2012-2017. The report basically deals with alcoholic and non-alcoholic beverages.

Lucintel, a leading global management consulting and market research firm, has analyzed global beverage industry and offers its findings in its comprehensive research report, "Global Beverage Industry2012-2017:Trend , Profit, and Forecast Analysis."

The report geographically segments the beverage industry into North America, Europe, APAC, and Rest of World.APAC's highest growth during the last five years is credited to growth in population and GDP. The region is expected to experience the same over 2012-2017.

During analysis, Lucintel found health concern and distribution channel (cost of transportation) to be the key ingredients for industry growth. Growing population and disposable income are marked as the key factors of industry proliferation that notably impact the market dynamics.

The market is flooded with innovative products which Lucintel believes to be the result of the global beverage industry's highly competitive nature. Customer loyalty is vital to the industry's growth and to achieve and retain it; companies constantly strive towards manufacturing high-quality products. Some of the expected industry growth propellers are urbanization, expansion in middle class population, and increase in double income family. All companies are keen on getting a share of market profit which has driven them to develop new strategies such as aggressive advertisement and maintaining efficient distribution channel maintenance to earn more profits.

This Lucintel research report provides valuable insights into recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter's Five Forces analysis, hazards, and the profitability analysis of the major industry players.

The data and analysis found in this report can be utilized for a variety of functional business reasons, including business development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.

For a detailed table of contents and pricing information on these timely, market reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.

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Steve Parker
Lucintel
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