Market Share of Asia-Pacific Alcoholic Beverage Industry
The Asia-Pacific alcoholic beverage industry is consolidated, with a few companies holding the maximum market shares. Diageo Plc, Suntory Beverages & Food Limited, Bacardi Limited, Heineken Holding NV, and Anheuser-Busch InBev are the key players in the alcoholic beverage market. Product launches, followed by new mergers and acquisitions, partnerships, and expansions, are the most preferred strategies to strengthen the players' positions in the market. For instance, in January 2021, Anheuser-Busch InBev Vietnam Limited Company (AB InBev Vietnam) and SAB Beer Production Limited Company (SAB Beer) announced the official merger of SAB Beer into AB InBev Vietnam.
APAC Alcoholic Beverages Market Leaders
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Diageo plc
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Bacardi Limited
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Anheuser-Busch InBev
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Heineken Holding NV
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Suntory Beverages & Food Limited
*Disclaimer: Major Players sorted in no particular order