The Asia Pacific Hard Tea Market would 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 would 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 would 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.
Free Valuable Insights: The Worldwide Hard Tea Market is Projected to reach USD 9 Billion by 2028, at a CAGR of 23.7%
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 (%)
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.
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
TABLE 1 Asia Pacific Hard Tea Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Hard Tea Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 4 Asia Pacific Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 5 Asia Pacific 2%-5% Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific 2%-5% Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific More than 5.1% Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific More than 5.1% Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Supermarket/Hypermarket Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Supermarket/Hypermarket Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Lemon Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Lemon Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Raspberry Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Raspberry Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Peach Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Peach Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Orange Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Orange Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Hard Tea Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Hard Tea Market by Country, 2022 - 2028, USD Million
TABLE 31 China Hard Tea Market, 2018 - 2021, USD Million
TABLE 32 China Hard Tea Market, 2022 - 2028, USD Million
TABLE 33 China Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 34 China Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 35 China Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 36 China Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 37 China Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 38 China Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 39 Japan Hard Tea Market, 2018 - 2021, USD Million
TABLE 40 Japan Hard Tea Market, 2022 - 2028, USD Million
TABLE 41 Japan Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 42 Japan Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 43 Japan Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Japan Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Japan Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 46 Japan Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 47 India Hard Tea Market, 2018 - 2021, USD Million
TABLE 48 India Hard Tea Market, 2022 - 2028, USD Million
TABLE 49 India Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 50 India Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 51 India Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 India Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 India Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 54 India Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 55 South Korea Hard Tea Market, 2018 - 2021, USD Million
TABLE 56 South Korea Hard Tea Market, 2022 - 2028, USD Million
TABLE 57 South Korea Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 58 South Korea Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 59 South Korea Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 South Korea Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 South Korea Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 62 South Korea Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 63 Singapore Hard Tea Market, 2018 - 2021, USD Million
TABLE 64 Singapore Hard Tea Market, 2022 - 2028, USD Million
TABLE 65 Singapore Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 66 Singapore Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 67 Singapore Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 68 Singapore Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 69 Singapore Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 70 Singapore Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 71 Malaysia Hard Tea Market, 2018 - 2021, USD Million
TABLE 72 Malaysia Hard Tea Market, 2022 - 2028, USD Million
TABLE 73 Malaysia Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 74 Malaysia Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 75 Malaysia Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 76 Malaysia Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 77 Malaysia Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 78 Malaysia Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Hard Tea Market, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Hard Tea Market, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Hard Tea Market by ABV (%), 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Hard Tea Market by ABV (%), 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Hard Tea Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Hard Tea Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Hard Tea Market by Flavor, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Hard Tea Market by Flavor, 2022 - 2028, USD Million
TABLE 87 Key Information – Molson Coors Beverage Company
TABLE 88 Key Information – The Boston Beer Company, Inc.
TABLE 89 Key Information – The Pabst Brewing Company
TABLE 90 Key Information – Two Chicks Drinks, LLC
TABLE 91 Key Information – Blue Point Brewing
TABLE 92 Key Information – Loverboy, Inc.
TABLE 93 Key Information – Bold Rock Hard Cider
TABLE 94 Key Information – Crook & Marker LLC
TABLE 95 Key Information – Nude® Beverages
TABLE 96 Key Information – Cisco Brewers Inc.
List of Figures
FIG 1 Methodology for the research