Major canned alcoholic beverages market participants include Union Wine Company, Kona Brewing Co, Suntory Holdings Limited, Anheuser-Busch InBev, E. & J. Gallo Winery, Pernod Ricard, Treasury Wine Estates, Barefoot Cellars, Diageo, Asahi Group Holdings, Ltd, Sula Vineyards. Selbyville, Delaware, Feb. 04, 2024 (GLOBE NEWSWIRE) — The canned alcoholic beverages market valuation is projected to surpass USD 196.9 billion by 2032, as reported in a research study by Global Market Insights Inc. An influx of product launches and the entry of innovation-focused companies are leading to the industry's uprise. In July 2023, it was announced that 'gay water', which has been a term in the queer community, referring to a vodka soda for years, now has an official launch as 'Gay Water' an alcoholic beverage brand rooted in and founded by the LGBTQ+ community.