UAE Alcoholic Drinks Market Size, Industry Growth, and Research Report 2024-2032

UAE Alcoholic Drinks Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 3.30% (2024-2032)

According to the latest report by IMARC Group, the UAE alcoholic drinks market size is projected to grow at a CAGR of 3.30% from 2024 to 2032. The market is experiencing steady growth, driven by tourism, hospitality sector expansion, and increasing demand for premium beverages. 

UAE Alcoholic Drinks Market Trends and Drivers:

The growing need for premium beverages as well as the expanding hospitality and tourism sectors are the factors responsible for the growth of the UAE alcoholic drinks market. Additionally, the cosmopolitan population of the UAE, which includes a significant number of expatriates, has created a strong market for alcoholic beverages. Besides this, the presence of luxury hotels, restaurants, and entertainment venues catering to international tourists has fueled demand for a wide variety of alcoholic drinks, including wine, spirits, and beer, which is bolstering the market. Moreover, the market is also influenced by the growing preference for premium and craft beverages as consumers seek unique and high-quality drinking experiences. 

The increasing focus on innovation and diversification is augmenting the UAE alcoholic drinks market. In addition to this, beverage companies are introducing new flavors, low-alcohol options, and non-alcoholic alternatives to cater to a wider audience, including health-conscious consumers and those adhering to cultural norms, which are acting as another significant growth-inducing factor. Furthermore, the growth of online alcohol delivery services is another driver, providing greater convenience for consumers and boosting market accessibility. Apart from this, the rising popularity of mixology and cocktail culture is contriuting to the expansion of the spirits segment as consumers explore creative and artisanal beverages. As the country continues to gain international tourists and residents, the UAE alcoholic drinks market is expected to grow in the coming years, driven by evolving consumer preferences, product innovation, and the expansion of the hospitality sector.

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UAE Alcoholic Drinks Industry Segmentation:

The report has segmented the market into the following categories:

Category Insights:

• Beer

• Wine

  • Still Light Wine

  • Sparkling Wine

• Spirits

  • Baijiu

  • Vodka

  • Whiskey

  • Rum

  • Liqueurs

  • Gin

  • Tequila

  • Others

• Others

Alcoholic Content Insights:

• High

• Medium

• Low

Flavour Insights:

• Unflavoured

• Flavoured

Packaging Type Insights:

• Glass Bottles

• Tins

• Plastic Bottles

• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets

• On-Trade

• Specialist Retailers

• Online

• Convenience Stores

• Others

Regional Insights:

• Dubai

• Abu Dhabi

• Sharjah

• Others

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Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Key highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• COVID-19 Impact on the Market

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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