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Asia Pacific Hard Tea Market Size, Share & Industry Trends Analysis Report By ABV (2%-5% and More than 5.1%), By Distribution Channel (Supermarket/Hypermarket, Online, and Others), By Flavor, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 73 Pages
  • June 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5636338
The Asia Pacific Hard Tea Market is expected to witness market growth of 24.6% CAGR during the forecast period (2022-2028).

Two lipoproteins in the body transport cholesterol all through the body. Low-density lipoprotein and high-density lipoprotein (HDL) are two types of lipoproteins. Because it delivers cholesterol to cells all over the body, LDL is known as the bad lipoprotein. HDL, on the other hand, is known as the good lipoprotein because it transfers cholesterol from body cells to the liver, where it is eliminated. When the body has too much LDL, it can grow up in the arteries, causing waxy deposits known as plaques. This can result in issues, like heart failure and stroke.

Alcohol is an integral part of Chinese culture, and its consumption has long been encouraged across the country. People who are stressed, anxious, or depressed may consume more alcohol. During the COVID-19 outbreak, more people experienced anxiety and depression symptoms. In addition, according to the National Library of Medicine, alcohol consumption reduced marginally during COVID-19 from 3.5 drinks to 3.4 drinks, p = 0.035 as compared to before COVID-19. The majority of alcoholics (78.7%) were men. Men had more drinks per week (4.2 and 4.0 vs. 1.3 and 1.2 drinks), had a greater percentage of heavy drinking (8.1 and 7.7% vs. 4.4 and 2.7%), and had more drinking days per week before and after COVID-19 (2.1 and 2.1 vs. 1.0 and 0.9 days). Males also exhibited higher rates of risky drinking (43.2 vs. 9.3%) and catastrophic drinking (70.2 vs. 46.6%) than females.

Therefore, the demand for a healthy alternative for alcohol content is significantly required in this country. This factor is estimated to spur the demand for hard tea across the region. Hence, the growth of the regional market is estimated to expedite in this region.

The China market dominated the Asia Pacific Hard Tea Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $538.4 million by 2028. The Japan market is anticipated to grow at a CAGR of 23.8% during (2022-2028). Additionally, The India market is expected to showcase a CAGR of 25.3% during (2022-2028).

Based on ABV (%), the market is segmented into 2%-5% and More than 5.1%. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Online, and Others. Based on Flavor, the market is segmented into Lemon, Raspberry, Peach, Orange, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Molson Coors Beverage Company, The Boston Beer Company, Inc., The Pabst Brewing Company (Blue Ribbon Intermediate Holdings, LLC), Two Chicks Drinks, LLC, Blue Point Brewing Company (Anheuser-Busch InBev SA/NV), Loverboy, Inc., Bold Rock Hard Cider (Craft Revolution LLC), Crook & Marker LLC, Nude Beverages, and Cisco Brewers, Inc.

Scope of the Study


Market Segments Covered in the Report:


By ABV (%)
  • 2%-23.7%
  • More than 5.1%
By Distribution Channel
  • Supermarket/Hypermarket
  • Online
  • Others
By Flavor
  • Lemon
  • Raspberry
  • Peach
  • Orange
  • Others
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players


List of Companies Profiled in the Report:

  • Molson Coors Beverage Company
  • The Boston Beer Company, Inc.
  • The Pabst Brewing Company (Blue Ribbon Intermediate Holdings, LLC)
  • Two Chicks Drinks, LLC
  • Blue Point Brewing Company (Anheuser-Busch InBev SA/NV)
  • Loverboy, Inc.
  • Bold Rock Hard Cider (Craft Revolution LLC)
  • Crook & Marker LLC
  • Nude Beverages
  • Cisco Brewers, Inc.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Hard Tea Market, by ABV (%)
1.4.2 Asia Pacific Hard Tea Market, by Distribution Channel
1.4.3 Asia Pacific Hard Tea Market, by Flavor
1.4.4 Asia Pacific Hard Tea Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Hard Tea Market
Chapter 4. Asia Pacific Hard Tea Market by ABV (%)
4.1 Asia Pacific 2%-5% Market by Country
4.2 Asia Pacific More than 5.1% Market by Country
Chapter 5. Asia Pacific Hard Tea Market by Distribution Channel
5.1 Asia Pacific Supermarket/Hypermarket Market by Country
5.2 Asia Pacific Online Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Hard Tea Market by Flavor
6.1 Asia Pacific Lemon Market by Country
6.2 Asia Pacific Raspberry Market by Country
6.3 Asia Pacific Peach Market by Country
6.4 Asia Pacific Orange Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Hard Tea Market by Country
7.1 China Hard Tea Market
7.1.1 China Hard Tea Market by ABV (%)
7.1.2 China Hard Tea Market by Distribution Channel
7.1.3 China Hard Tea Market by Flavor
7.2 Japan Hard Tea Market
7.2.1 Japan Hard Tea Market by ABV (%)
7.2.2 Japan Hard Tea Market by Distribution Channel
7.2.3 Japan Hard Tea Market by Flavor
7.3 India Hard Tea Market
7.3.1 India Hard Tea Market by ABV (%)
7.3.2 India Hard Tea Market by Distribution Channel
7.3.3 India Hard Tea Market by Flavor
7.4 South Korea Hard Tea Market
7.4.1 South Korea Hard Tea Market by ABV (%)
7.4.2 South Korea Hard Tea Market by Distribution Channel
7.4.3 South Korea Hard Tea Market by Flavor
7.5 Singapore Hard Tea Market
7.5.1 Singapore Hard Tea Market by ABV (%)
7.5.2 Singapore Hard Tea Market by Distribution Channel
7.5.3 Singapore Hard Tea Market by Flavor
7.6 Malaysia Hard Tea Market
7.6.1 Malaysia Hard Tea Market by ABV (%)
7.6.2 Malaysia Hard Tea Market by Distribution Channel
7.6.3 Malaysia Hard Tea Market by Flavor
7.7 Rest of Asia Pacific Hard Tea Market
7.7.1 Rest of Asia Pacific Hard Tea Market by ABV (%)
7.7.2 Rest of Asia Pacific Hard Tea Market by Distribution Channel
7.7.3 Rest of Asia Pacific Hard Tea Market by Flavor
Chapter 8. Company Profiles
8.1 Molson Coors Beverage Company
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments
8.1.4.1 Partnerships, Collaborations, and Agreements
8.1.4.2 Geographical Expansions
8.2 The Boston Beer Company, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Recent strategies and developments
8.2.3.1 Partnerships, Collaborations, and Agreements
8.2.3.2 Product Launches and Product Expansions
8.3 The Pabst Brewing Company (Blue Ribbon Intermediate Holdings, LLC)
8.3.1 Company Overview
8.3.2 Recent strategies and developments
8.3.2.1 Product Launches and Product Expansions
8.4 Two Chicks Drinks, LLC
8.4.1 Company Overview
8.5 Blue Point Brewing Company (Anheuser-Busch InBev SA/NV)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments
8.5.4.1 Product Launches and Product Expansions
8.6 Loverboy, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments
8.6.2.1 Partnerships, Collaborations, and Agreements
8.6.2.2 Product Launches and Product Expansions
8.7 Bold Rock Hard Cider (Craft Revolution LLC)
8.7.1 Company Overview
8.7.2 Recent strategies and developments
8.7.2.1 Partnerships, Collaborations, and Agreements
8.7.2.2 Product Launches and Product Expansions
8.8 Crook & Marker LLC
8.8.1 Company Overview
8.8.2 Recent strategies and developments
8.8.2.1 Product Launches and Product Expansions
8.9 Nude® Beverages
8.9.1 Company Overview
8.9.2 Recent strategies and developments
8.9.2.1 Geographical Expansions
8.10. Cisco Brewers, Inc.
8.10.1 Company Overview

Companies Mentioned

  • Molson Coors Beverage Company
  • The Boston Beer Company, Inc.
  • The Pabst Brewing Company (Blue Ribbon Intermediate Holdings, LLC)
  • Two Chicks Drinks, LLC
  • Blue Point Brewing Company (Anheuser-Busch InBev SA/NV)
  • Loverboy, Inc.
  • Bold Rock Hard Cider (Craft Revolution LLC)
  • Crook & Marker LLC
  • Nude Beverages
  • Cisco Brewers, Inc.

Methodology

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