Category: Alcoholic Beverages
Alcoholic Beverages market research reports by Euromonitor International
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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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Japan Spirits
Spirits in Japan Total volume sales of spirits in Japan declined slightly in 2023, as a result of off-trade decline outweighing on-trade growth. However, not all categories saw falling sales. During the three years of the pandemic, there was a surge in the home consumption of whiskies, while demand ... Read More
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Honduras Alcoholic Drinks
Alcoholic Drinks in Honduras Steady economic growth in Honduras in 2023 boosted consumption and demand for beer, wine, spirits, and RTDs, with beer being the largest category. Sales through restaurants, bars, and nightclubs continued to grow, with a recovery in the on-trade channel surpassing pre-pa ... Read More
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Raising a Glass to the Future: Innovation in Alcoholic Drinks
Raising a Glass to the Future: Innovation in Alcoholic Drinks Alcoholic drinks have always straddled the line between traditionalism and novelty, with heritage providing timeless gravitas, while innovation recruits younger consumers or allows for fresh occasions or need states to emerge. The pandemi ... Read More
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Premiumisation in Spirits: Aspiration and Adversity
Premiumisation in Spirits: Aspiration and Adversity While premiumisation has demonstrated remarkable resilience in spirits, the inevitable slowdown is now underway. Discretionary spending is being scaled back, as a result of prolonged cost of living pressures, and the effects will become increasingl ... Read More
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Alcoholic Drinks in Western Europe
Alcoholic Drinks in Western Europe The on-trade continued its recovery in the Western European alcoholic drinks market in 2022. However, it still has some ground to make up after the losses inflicted by the COVID-19 restrictions in 2020. The off-trade, after seeing a demand spike in 2022, when more ... Read More
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Other Hot Drinks in Spain
Other Hot Drinks in Spain It has been another difficult year for other hot drinks in Spain in 2023. In the retail channel volume sales are set to decline (continuing a long-term trend, apart from the first pandemic year), and whilst volume sales in the foodservice channel are expected to rise, they ... Read More
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Alcoholic Drinks in Middle East and Africa
Alcoholic Drinks in Middle East and Africa The alcoholic drinks market has made a swift recovery from the pandemic losses of 2020, returning to pre-COVID-19 sales levels already in 2022. In spite of the difficult economic situation, premiumisation continued to be seen in Nigeria, although it slowed ... Read More
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Alcoholic Drinks in Latin America
Alcoholic Drinks in Latin America The alcoholic drinks market has made a strong and swift recovery from the pandemic in Latin America, in spite of the difficult economic circumstances in many countries in the region. While the off-trade continued growing in recent years, the on-trade had already man ... Read More
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Alcoholic Drinks in Asia Pacific
Alcoholic Drinks in Asia Pacific The regional recovery from the 2020 sales decline slowed in Asia Pacific in 2022 given the return of COVID-19 in China, the dominant country market. However, growth remained positive at a regional level in 2022 as sales were increasing everywhere in Asia Pacific outs ... Read More
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Cider/Perry in Switzerland
Cider/Perry in Switzerland Cider/perry remained a popular option in Switzerland at the end of the review period. The category continued to enjoy a steady, if slightly slower, growth in demand in 2022. Overall, volume and current value sales rose in off- and on-trade terms. However, growth rates were ... Read More
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Spirits in Switzerland
Spirits in Switzerland Spirits performed very well in 2022 with total volume sales recording high single-digit growth and total current value sales seeing a double-digit increase. The main growth driver continued to be on-trade sales as the reopening of society following the Coronavirus (COVID-19) p ... Read More
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Alcoholic Drinks in Switzerland
Alcoholic Drinks in Switzerland Overall, alcoholic drinks continued to grow in total volume sales terms in 2022, albeit at a more moderate pace than in 2021, while maintaining low double-digit total current value growth. The main reason for continuous positive development was the further recovery of ... Read More
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Fine Wines/Champagne and Spirits in Thailand
Fine Wines/Champagne and Spirits in Thailand Value sales of fine wines/champagne and spirits grew by 14% in current value terms to reach THB3.6 billion in 2023 as this category continued its recovery from the sales it lost during the pandemic. This performance is being driven by, among other things, ... Read More
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Fine Wines/Champagne and Spirits in Indonesia
Fine Wines/Champagne and Spirits in Indonesia Value sales of fine wines/champagne and spirits grew by 14% to total IDR90.2 billion in 2023, as a result of a consumer desire to have fun and enjoy experiences after the pandemic. Enjoying a drink with a meal at home or when relaxing remains a key pasti ... Read More
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Fine Wines/Champagne and Spirits in Singapore
Fine Wines/Champagne and Spirits in Singapore Value sales of fine wines/champagne and spirits grew by 14% to total SGD99 million in 2023, as a result of a consumer desire to have fun and enjoy experiences after the pandemic. Socialising is a priority pastime for many consumers, following on from the ... Read More
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Fine Wines/Champagne and Spirits in Switzerland
Fine Wines/Champagne and Spirits in Switzerland Value sales of fine wines/champagne and spirits grew by 13% to reach CHF789 million in 2023, as a result of consumer desire to make the most of their lives after being restricted by the pandemic. Entertaining and socialising with friends became a prior ... Read More
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Fine Wines/Champagne and Spirits in Germany
Fine Wines/Champagne and Spirits in Germany Sales of fine wines/champagne and spirits in Germany have been on something of a mini rollercoaster since the pandemic hit the country in 2020. Prior to this year, sales of fine wines/champagne and spirits had been steadily growing by around 2-3% a year in ... Read More
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Fine Wines/Champagne and Spirits in China
Fine Wines/Champagne and Spirits in China Value sales of fine wines/champagne and spirits grew by 9% to total CNY829.6 billion in 2023, boosted by consumers’ appetite for experiences and enjoyment after the pandemic. Socialising over a drink with friends remains a priority for many, following the co ... Read More
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Alcoholic Drinks Packaging in Singapore
Alcoholic Drinks Packaging in Singapore Sales in foodservice establishments were severely affected in 2020 by social distancing measures and lockdown restrictions introduced to try and contain the spread of the COVID-19 virus. The implementation of Singapore’s “Circuit Breaker” measures meant that a ... Read More
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Alcoholic Drinks Packaging in the US
Alcoholic Drinks Packaging in the US The continued increase in packaging unit volumes for RTDs in the US, despite the overall decline in the alcoholic drinks packaging industry in this country, is attributed to factors such as convenience and portability, changing consumer preferences and ongoing in ... Read More
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