Europe 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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Market Report Description
The Europe Hard Tea Market would witness market growth of 23.2% CAGR during the forecast period (2022-2028).
Tea is beneficial to the health of a consumer. Tea has long been a staple of traditional medicine, and many Asian countries regard it as a cure-all. For ages, people from various traditions and ethnicities have used this tea to boost their health. It's even marketed as a treatment to alleviate cold and flu symptoms in Western medicine. Tea has several advantages beyond simply making a person feel better while they are unwell. Tea use can help preserve the brain, boost heart health, and even prevent certain cancers. The infusion of alcohol with tea is one of the major innovations in the sector. Hard teas are increasingly gaining traction of people all over the world as it offers delightful taste along with several health benefits. The adoption of hard tea is estimated to spur significantly in the coming years.
This region has a disproportionately high number of diabetics. Diabetes is a cause of a variety of other chronic illnesses, and it also makes it difficult to diagnose other illnesses since it weakens the patient's immune system. According to the World Health Organization's regional branch for Europe, there are 60 million people suffering from diabetes. Furthermore, among these patients, 10.3% of male patients and 9.3% of female patients were 25 or older. This is a considerable number that needs to be regulated.
Furthermore, the organization stated that a large number of diabetic patients in this region is due to the bad lifestyle and nutrition of the people in this region. Hard tea, which has the feature of assisting in the management of sugar levels due to its low sugar content as well as ability to reduce blood sugar levels, would be widely used in this region in such a situation. Furthermore, the growing popularity of probiotic supplements in this region would also surge the demand for hard tea in this region. Hence, the growth of the regional market is estimated to surge in the coming years.
The Germany market dominated the Europe Hard Tea Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $608 million by 2028. The UK market is poised to grow at a CAGR of 22.2% during (2022 - 2028). Additionally, The France market would display a CAGR of 24.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hard Tea Market will Hit $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 Robert Bosch GmbH, Honda Motor Co. Ltd., Deere & Company, The Toro Company, Fiskars Brands, Inc., Husqvarna Group, MTD Products, Inc., Falcon Garden Tools Pvt. Ltd., AriensCo, and Briggs & Stratton, LLC.
Scope of the Study
Market Segments Covered in the Report:
By ABV (%)
- More than 5.1%
By Distribution Channel
- Rest of Europe
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.
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