About Online Alcohol Delivery
Online ordering platforms are taking a larger share of the global alcohol industry. Participants were classified as ordering from an on-demand delivery service if they obtained their most recent order within two hours. Both bottleshops and specialised quick delivery systems offered on-demand services. Established retailers moving into the online space, as well as new entrants into the market, have fueled development. In comparison to most other consumer products, however, the alcohol category faces several particular obstacles. Selling alcohol online, for example, is hampered by age restrictions. Alcohol brands that answer and satisfy changing customer needs, desires, and shopping habits will be better placed to exploit the online alcohol opportunity as consumer demand grows, online models change, and attempts to sell alcohol online expand.
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 Online Alcohol Delivery 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.
Drizzly Inc. (United States), BevMo! (United States), Zomato (India), Kaddy Australia Pty Ltd (Australia), Total Wine & More (United States), Minibar Delivery (United States), Safeway Inc. (United States), Delivery.com LLC (United States), Saucey, Inc. (United States) and Wine.com (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bottle Rover (United States), BevQ (India), HipBar (India) and LiqHub (India).
Segmentation Overview
AMA Research has segmented the market of Global Online Alcohol Delivery market by , Application (Tier 1 Cities, Tier 2 Cities, Tier 3 Cities and Others) and Region.
On the basis of geography, the market of Online Alcohol Delivery 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 Model, the sub-segment i.e. Business-to-Business (B2C) will boost the Online Alcohol Delivery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Alcohol, the sub-segment i.e. Beer will boost the Online Alcohol Delivery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Prebook will boost the Online Alcohol Delivery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Surge Across Online Shopping Platforms
Market Growth Drivers:
Incidence of Strict Lockdown Regulations Due to Covid Pandemic, Increasing Disposable Income and Rising Alcohol Consumption Rates Among Female
Challenges:
Fierce Competitive Pressure and Limited Alcohol Stocks
Restraints:
Lack of Delivery Personnel, Legal Consumption Age Restrictions and Competitive Pricing Strategies
Opportunities:
Growing Implementation in Emerging Regions
Market Leaders and their expansionary development strategies
In February, 2021 – Uber Announced its Acquisition of Dizzly (Leading Online Alcohol Delivery Service), Valued at USD USD 1.1 Billion. Drizly's Marketplace has been Merged with The Uber Eats Service, But the Drizly App Operates Independently. This Purchase Will Add an Expansive Selection of Products for Uber’s Delivery Portfolio.
In June, 2020 – LiqHub (India Based Alcohol Delivery Startup), Launched its Online Alcohol Delivery Application Post Pandemic Announcement. LiqHub was Initially Released as Alcohol ‘Wikipedia’, that Launched its App to Serve Lockdown Stuck Citizens with its Fast Home Delivery Service.
Key Target Audience
Online Alcohol Delivery Service Providers, New Entrants and Investors, Venture Capitalists & Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
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.