United Kingdom hard seltzer market
is expected to undergo a rapid growth during the forecast period on account of increasing
number of manufacturers entering the market which in turn is leading to
availability of wide range of hard seltzers. The growing popularity of low
calorie & carbohydrate content alcoholic drinks, especially among
millennials is another major factor contributing to the market growth.
Moreover, hard seltzers are usually gluten-free and low in ABV content which
acts as a key growth driver behind their rising demand in United Kingdom.
Additionally, manufacturers are
investing on strong marketing content as well as distribution network which is
likely to propel the growth of United Kingdom hard seltzer market through 2028.
Apart from that, development of new and innovative flavors is also attracting
new consumers towards hard seltzers. The country has witnessed rise in number
of bars and restaurants in recent years which has further contributed to the
rise in sale of alcoholic beverages including hard seltzers.
United Kingdom hard seltzer market
can be categorized based on type, ABV content, distribution channel and region.
Based on ABV content, the market can be categorized into less than 5%, more
than 5%. Among the two, hard seltzers having less than 5% ABV content are
expected to dominate the United Kingdom market during the forecast period as
they attract health-conscious consumers. Based on distribution channel, United
Kingdom hard seltzer market can be split into online, convenience stores,
supermarket/hypermarket and others. Among them, online channel is expected to
contribute high revenue share during the forecast period as many hard seltzer
manufacturers are undergoing partnerships with e-commerce platform. The
convenience of shopping on these platforms is also making the segment a faster
growing one.
The major players operating in the
United Kingdom Hard Seltzer market are White Claw Hard Seltzer (Mark Anthony
Brands International), Smirnoff Seltzers (THE SMIRNOFF CO.); ISLAND BAY DRINKS
LTD, Clean & Press (BrewDog), 58 Gin Ltd, Two Brooks (Loon Water Ltd.), Mike’s
Hard Seltzer, Barefoot Cellars , Served Drinks, Chase Distillery Ltd. and Balans
(Cider of Sweden Ltd.), among others. Leading companies are undergoing growth
strategies such as new product launches, partnerships, collaborations, joint ventures
and mergers & acquisitions in order to increase their share in United
Kingdom hard seltzer market.
Objective of the Study:
- To analyze and estimate the market size of United
Kingdom hard seltzer market from 2018 to 2021.
- To estimate and forecast the market size of United
Kingdom hard seltzer market from 2022 to 2028 and growth rate until 2028.
- to classify and forecast United Kingdom hard
seltzer market based on type, ABV content,
distribution channel, company and regional
distribution.
- To identify dominant region or segment in the United
Kingdom hard seltzer market.
- To identify drivers and challenges for United
Kingdom hard seltzer market.
- To examine competitive developments such as
expansions, mergers & acquisitions, etc., in United Kingdom hard
seltzer market.
- To conduct pricing analysis for United Kingdom
hard seltzer market.
- To identify and analyze the profile of leading
players operating in United Kingdom hard seltzer market.
- To identify key sustainable strategies adopted
by market players in United Kingdom hard seltzer market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of hard seltzer manufacturers across United Kingdom.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufacturers who could not be identified due to the limitations of
secondary research. TechSci Research analyzed the presence of all major players
across United Kingdom.
TechSci Research calculated the market size of United Kingdom hard seltzer market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these services and end
users for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key Target Audience:
- Hard Seltzer system manufacturers/
suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to hard seltzer
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as hard seltzer manufacturers, suppliers and partners,
end users, etc., besides allowing them in strategizing investments and capitalizing
on market opportunities.
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Attribute
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Details
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Base Year
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2022
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Historical Years
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2018 – 2021
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Estimated Year
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2023E
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Forecast Period
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2024F – 2028F
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Quantitative Units
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Revenue in USD Million, Volume in Units and CAGR for 2018-2022
and 2023E-2028F
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Report Coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments Covered
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·
Type
·
ABV Content
·
Distribution Channel
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Region Scope
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Greater London; South East; North West; Others
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Key Companies Profiled
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White Claw Hard Seltzer (Mark Anthony Brands International),
Smirnoff Seltzers (THE SMIRNOFF CO.); ISLAND BAY DRINKS LTD, Clean &
Press (BrewDog), 58 Gin Ltd, Two Brooks (Loon Water Ltd.), Mike’s Hard
Seltzer, Barefoot Cellars, Served Drinks, Chase Distillery Ltd. and Balans
(Cider of Sweden Ltd.).
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|
Customization Scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, United Kingdom hard
seltzer market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- United Kingdom Hard Seltzer Market, By Type:
- Flavoured vs Non-Flavoured
- United Kingdom Hard Seltzer Market, By ABV Content:
- Less than 5%
- More than 5%
- United Kingdom Hard Seltzer Market, By Distribution
Channel:
- Online
- Convenience Stores
- Supermarket/Hypermarkets
- Others
- United Kingdom Hard Seltzer Market, By Region:
- Greater London
- South East
- North West
- Others
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in United Kingdom hard seltzer market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis
in case of direct and indirect sales channel.
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]