About Low Carb Alcohol
Low-carb alcohol, distilled spirits are the safest bet. They are almost free of carbohydrates. Vodka, rum, tequila, gin, brandy, whiskey, etc. Most of these have 0 carbs, which is great, and depends on what is to be mix with them. The low carb alcohol consist of 0g to 4g of carb in it, which is suitable for the people who are following any king of diet and kito diet.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Low Carb Alcohol market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Constellation Brands (United States), Castel Group (France), The Wine Group (United States), Diageo (United Kingdom), Concha Y Toro (Chile), Accolade Wines (Australia), Treasury Wine Estates (Australia), Pernod-Ricard (France) and Kendall-Jackson (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Low Carb Alcohol market by Type (Wine, Beer, Spirits, Coolers and Other), Application (Commercial and Residential) and Region.
On the basis of geography, the market of Low Carb Alcohol has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Low Carb Alcohol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Changing Lifestyle and Consumption Habits of Alcoholic Drinks
Market Growth Drivers:
Traditionally Preferred Drink Due to its Low Carb Content and Rapid Urbanization and High Disposable Income
Challenges:
High Cost of Premium and Super Premium Products
Restraints:
Increasing Government Regulation and Taxes
Opportunities:
Increasing Demand from Emerging Economics such as India, China and others
Market Leaders and their expansionary development strategies
On August 28, 2019 - Pernod Ricard and Castle Brands Inc. has announced that they have entered into a definitive agreement under which Pernod Ricard, through a subsidiary, will acquire all of the outstanding common stock of Castle Brands.
In April 2023, Heineken Brand has introduced Heineken Silver, which has lower carbs and lower calories. This light lager includes 4% alcohol by volume (ABV), 3.2 g of carbs and 95 calories for each 12-oz. serving. Heineken Silver is crafted with malted barley, water and the company’s A Yeast. It’s brewed for full-bodied flavor without a bitter finish. and In June 2023, DrinkWell has launched a new range of alcoholic beverages that maintain flavour and ABV but are low in calories and carbs. The new range includes Lean Brew (4.1% ABV), containing 4g of carbs, zero sugar and 99 calories per can. In addition, DrinkWell has added a red Cinsault variety (11%ABV) to its Traces Wines collection to join its existing zero-sugar Traces Sauvignon Blanc and Rose wine.
Key Target Audience
Manufacturers of Low Carb Alcohol, Suppliers of Low Carb Alcohol, Wholesalers, Distributors and Retailers of Low Carb Alcohol, Regulatory Bodies and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.