The global tobacco market size was estimated at USD 886.09 billion in 2023 and is projected to reach USD 1,049.87 billion by 2030, growing at a CAGR of 2.5% from 2024 to 2030, due to the rising tobacco consumption in the developing regions of Asia and Africa. The excessive marketing campaigns run by the ma... Read More »
February 2024The global hangover cure products market size was estimated at USD 2.34 billion in 2023 and is projected to reach USD 6.18 billion by 2030, growing at a compound annual growth rate (CAGR) of 14.9% from 2024 to 2030. The increasing consumption of alcohol across the world is one of the key... Read More »
January 2024The global hard seltzer market size was estimated at USD 18.97 billion in 2023 and is projected to reach USD 60.16 billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030. The surge in market demand for low-alcohol content beverages among millennials and the younger generation is pr... Read More »
January 2024The global non-alcoholic beverages market size was estimated at USD 1,223.93 billion in 2023 and is projected to reach USD 1,997.25 billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030. With the growing acceptance of the no-alcohol and low-alcohol categories by consumers, manufac... Read More »
January 2024The global luxury cigar market size was estimated at USD 13.34 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. The market growth is mainly driven due to a rise in demand for luxury cigars among premium smokers and millennials.... Read More »
November 2023The global wine cork market size was valued at USD 5.7 billion in 2021 and is expected to reach USD 7.8 billion by 2028, growing at a CAGR of 4.6% from 2022 to 2028. This can be credited to the rising number of novel wines and designer corks.... Read More »
September 2023The global canned alcoholic beverages market size was estimated at USD 14.62 billion in 2022 and is projected to reach USD 59.37 billion by 2030, growing at a CAGR of 19.1% from 2023 to 2030 ... Read More »
August 2023The gin market is undergoing significant evolution with the emergence of numerous distilleries in the global beverages industry. This trend is mainly driven by increased alcohol consumption worldwide among young and millennial populations worldwide. The alcoholic beverages market offers ...Read More »
The South Korea hangover cure products market size was valued at USD 288.11 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 17.2% from 2023 to 2030. The increasing consumption of alcoholic drinks in the country is a major factor driving the growth of th... Read More »
April 2023The global nicotine gum market was estimated at USD 1.30 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. The demand for nicotine replacement therapy (NRT) products, including nicotine gum, has been increasing globally in recent... Read More »
March 2023The global disposable e-cigarettes market size was valued at USD 5.7 billion in 2021 and is projected to reach USD 14.8 billion by 2030, growing at a CAGR of 11.2% from 2022 to 2030. The growing demand for non-tobacco products owing to rising health concerns among consumers is expec... Read More »
July 2022The global roll-your-own tobacco products market size was valued at USD 30.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030... Read More »
July 2022The global smoking accessories market size was estimated at USD 64,414.3 million in 2021 and is projected to reach USD 91,940.6 million by 2030, growing at a CAGR of 4% from 2022 to 2030... Read More »
July 2022The global smokeless cigarettes market size was valued at USD 24.5 billion in 2021 and is projected to reach USD 93.7 billion by 2030, growing at a CAGR of 16.0% from 2022 to 2030. Growing consumer awareness about degenerating effect of tobacco consumption is expected to drive the m... Read More »
June 2022The global still wine market size was valued at USD 279.32 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.1% from 2022 to 2028. The market growth can be credited to the consumption of premium still wines. Additionally, the increasing number of win... Read More »
May 2022The global hard tea market size was estimated at USD 1.99 billion in 2021 and is projected to reach USD 14.50 billion by 2030, growing at a CAGR of 24.7% from 2022 to 2030. Rising demand for better-for-you beverages coupled with growing awareness towards low content alcoholic beverages a... Read More »
May 2022The U.S. tobacco market size was valued at USD 75.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2022 to 2030. As a result of changing consumer preferences, several manufacturers are marketing many novel products like cigars and cigarillo... Read More »
April 2022The global root beer market size was estimated at USD 728.1 million in 2021 and is projected to reach USD 1,095.2 million by 2030, growing at a CAGR of 4.6% from 2022 to 2030.... Read More »
March 2022The global black beer market size was valued at USD 25.96 billion in 2020 and is expected to reach USD 51.20 billion by 2028, expanding at a compound annual growth rate (CAGR) of 8.9% from 2021 to 2028. A rise in demand for black beer for preventing diseases caused due to obesity is expected to have a positive ... Read More »
December 2021The global vermouth market size was valued at USD 8.7 billion in 2019. Increasing popularity of cocktails with low-alcohol and aromatized with herbs and spices is projected to expand the market scope. Moreover, the demand for such fortified alcoholic beverages is propelled by various con... Read More »
April 2020