Category: Alcoholic Beverages
Alcoholic Beverages market research reports by Euromonitor International
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Spain Cider/Perry
Cider/Perry in Spain 2023 was a tough year for cider/perry with sales declining sharply in both on- and off-trade volume terms. Unlike other alcoholic drinks, cider/perry also reported a sharp decline in total current value terms. Producers of cider/perry have found it more challenging to fully reco ... Read More
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Spain Spirits
Spirits in Spain After strong growth in total volume terms in 2021 and 2022, sales of spirits declined in 2023 due largely to a further decline in off-trade sales. The decline in the consumption of spirits in Spain can be attributed to several factors. First, as reflected in other categories, the gr ... Read More
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Spain Alcoholic Drinks
Alcoholic Drinks in Spain Sales of alcoholic drinks in Spain reported flat growth in total volume terms in 2023 with neither the on-trade or off-trade channels seeing a return to pre-pandemic sales levels. However, sales did see a full recovery in total current value terms. After two consecutive yea ... Read More
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The Philippines Alcoholic Drinks
Alcoholic Drinks in the Philippines Alcoholic drinks in the Philippines continued to see healthy growth in volume terms in 2023. This was within the context of a gradually improving economy, which had a positive impact on consumer spending. Indeed, the country finished with year with a GDP growth ra ... Read More
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France Alcoholic Drinks
Alcoholic Drinks in France Sales of alcoholic drinks in France declined in total volume terms in 2023, following moderate growth in 2022 and strong growth in 2021. Factors contributing to this stagnation included the impact of elevated inflation, which made consumers more cautious in their spending, ... Read More
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South Korea Alcoholic Drinks
Alcoholic Drinks in South Korea In 2023, alcoholic drinks in South Korea turned to slight total volume decline. The industry navigated a complex landscape marked by high expectations for post-pandemic recovery, which was somewhat dampened by significant consumer cost burden due to inflation. This ec ... Read More
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Algeria Alcoholic Drinks
Alcoholic Drinks in Algeria Alcoholic drinks in Algeria recorded a positive performance in 2023, although the growth was relatively lower than in 2022. The price hikes, especially for wine and spirits, led to stronger growth in total value terms compared to total volume terms. The ongoing economic c ... Read More
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France Spirits
Spirits in France Sales of spirits declined in total volume terms in 2023. This stemmed from the combination of a number of negative factors including the end of the positive post-pandemic offsetting effect that boosted on-trade sales in 2021 and 2022. There were also supply difficulties due to nume ... Read More
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Algeria Spirits
Spirits in Algeria In 2023, traditional spirits such as vodka, gin, and whiskies continued to enjoy growth in Algeria despite an overall challenging environment for spirits. Consumers became more open-minded and increasingly inclined to explore new tastes and flavours, which supported the growth of ... Read More
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The Philippines Spirits
Spirits in the Philippines Volume sales of spirits in the Philippines registered positive growth in 2023. This was within the context of a gradually improving economy, which had a positive impact on disposable incomes. Gin and rum remained the most important product areas in spirits, with both seein ... Read More
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France Cider/Perry
Cider/Perry in France Although sales of cider/perry declined in total volume terms in 2023 the category actually reported a more stable performance than earlier in the review period. The main contributors to this slight improvement were the recovery of on-trade sales as the pandemic came to an end a ... Read More
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Saudi Arabia Alcoholic Drinks
Alcoholic Drinks in Saudi Arabia Alcoholic drinks in Saudi Arabia in 2023 continued to be characterised by the fact that alcohol is prohibited by Saudi law. As such, all sales in the category come from non-alcoholic beer. Indeed, Saudi Arabia is one of the top ten markets for non-alcoholic beer, due ... Read More
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South Korea Spirits
Spirits in South Korea Sprits in South Korea recorded a total volume decline in 2023. However, not all categories faced a negative performance. For instance, whiskies demonstrated robust growth, notably influenced by the behaviours of Generation Z of legal drinking age, and Millennials, characterise ... Read More
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The Philippines Cider/Perry
Cider/Perry in the Philippines Cider/perry, which is a niche market in the Philippines, continued to see modest, albeit positive growth in volume terms in 2023. The category competes closely with other alcoholic drinks, such as beer and RTDs, which have a more established distribution, as well as a ... Read More
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The United Kingdom Cider/Perry
Cider/Perry in the United Kingdom As with many other alcoholic drinks categories, total volume sales of cider/perry in the UK marginally declined in 2023. Cider/perry in the off-trade channel is quite mature, and following a boost from pandemic-related restrictions, demand continued to stabilise dur ... Read More
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Japan Cider/Perry
Cider/Perry in Japan In 2023, cider/perry in Japan witnessed a total volume decline. However, the on-trade rebound was significant, continuing the double-digit growth observed in 2022. Despite the lifting of COVID-19 quasi-emergency measures across all prefectures in 2022, the return to pre-pandemic ... Read More
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The United Kingdom Spirits
Spirits in the United Kingdom Spirits in the UK experienced another weak performance in 2023, recording both on-trade and off-trade volume declines. Sales via the on-trade channel were negatively impacted by high cost of living and the desire among local consumers to save money, leading to a lower f ... Read More
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Japan Alcoholic Drinks
Alcoholic Drinks in Japan In 2023, total volume sales of alcoholic drinks in Japan saw a slight decline. However, performances differed widely across the two different channels. The on-trade channel demonstrated a second year of robust rebound as Japan began to move past the COVID-19 pandemic. In Ma ... Read More
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China Cider/Perry
Cider/Perry in China In 2023, cider/perry in China maintained high growth rates, with total volume and current value growth rates in the double digits. Particularly high growth was seen in the on-trade channel, with growth rates exceeding 20%. The strong growth of cider/perry can mainly be attribute ... Read More
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The US Cider/Perry
Cider/Perry in the US While overall cider/perry in the US marked 2023 with a loss of volume and value sales, and a loss of share in overall alcoholic drinks, advocates paint a rosier picture for the category’s performance and outlook. Much in the same way the larger narrative for other alcoholic dri ... Read More
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China Spirits
Spirits in China Spirits in China showed different trends in total volume and total current value terms in 2023. Total volume sales declined both off-trade and on-trade, primarily due to the continued decrease in sales of Chinese spirits. Although the lifting of restrictions post-pandemic positively ... Read More
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The United Kingdom Alcoholic Drinks
Alcoholic Drinks in the United Kingdom 2023 was undoubtedly a challenging year for alcoholic drinks in the UK. Overall, volume sales in both on-trade and off-trade fell when compared to 2022. On the other hand, value sales continued to rise, mainly driven by unit price increases as a result of high ... Read More
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The US Alcoholic Drinks
Alcoholic Drinks in the US In 2023, the collective weight of inflationary pressures, waning consumer confidence, and persistent brand boycotts led total volume sales of alcoholic drinks in the US to drop to their lowest level in a decade. Bright spots existed in categories across the spectrum, but c ... Read More
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The US Spirits
Spirits in the US 2023 was a difficult year for spirits. Despite experiencing a period of high growth during the COVID-19 pandemic, the category faced an increasingly challenging environment due to both consumer and industry dynamics. Supply chain issues and rising costs in the value chain continued ... Read More
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China Alcoholic Drinks
Alcoholic Drinks in China Total volume of alcoholic drinks in China saw a marginal rebound in 2023, shifting from decline in 2022 to a slight single-digit increase in 2023. However, the off-trade channel experienced a slight decrease in volume sales, while the on-trade channel saw a low single-digit ... Read More
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