GCC Alcoholic Drinks Market Outlook 2024–2030 Overview

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled GCC Alcoholic Drinks Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the GCC Alcoholic Drinks, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019–22
• Base Year: 2023
• Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

GCC Alcoholic Drinks Market Outlook

The 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 market growth imputes to the growing number of hotels across the region that cater to on-trade outlets such as restaurants, pubs and night clubs. Effective tourism strategies attract more international tourists from diverse backgrounds to visit this region which would lead to the increasing demand for various beverages including alcoholic drinks, as tourists seek cuisine and beverages to enjoy local experiences.

GCC Alcoholic Drinks Market Drivers:

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.

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GCC Alcoholic Drinks Market Trends:

Increasing Demand for Premium Alcoholic Drinks Driving the Market – Over the years, the increase in disposable income among the GCC region’s population has had a positive impact on the GCC nation's continuous efforts for economic expansion. A rise in lifestyle and income increases the spending capacity of consumers to spend on high-quality premium products. Premium alcoholic beverages are often associated with sophistication thus consumers are more inclined towards premium brands.

GCC Alcoholic Drinks Market Segmentation

The study categorizes the GCC Alcoholic Drinks into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

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)

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)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

• The UAE
• Qatar
• Oman
• Bahrain.

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Leading Companies in GCC Alcoholic Drinks Market Worldwide: Players, Analysis & Future Outlook

• 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
•  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

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Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the GCC Alcoholic Drinks?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the GCC Alcoholic Drinks?
   4. Who are the prominent players in the GCC Alcoholic Drinks?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.

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