Category: Alcoholic Beverages
Alcoholic Beverages market research reports by Euromonitor International
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Spirits in Thailand
Spirits in Thailand The increase in the global oil price has had a notable impact on the price of spirits, particularly imported products. This is due to the pricing domino effect caused by related increases in production costs, shipping expenses, and packaging costs late in 2021, which eventually l ... Read More
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Spirits in Indonesia
Spirits in Indonesia Shochu/soju has been experiencing growth in the Indonesian market supported by the general rise in interest in Korean culture, and particularly K-Pop, across the globe. In recent years, there has also been more product variation available in the market in terms of new brands tha ... Read More
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Cider/Perry in Singapore
Cider/Perry in Singapore Despite the easing of restrictions on nightlife businesses, the on-trade consumption of cider/perry failed to return to growth in 2022. However, the strongest volume decline was seen by the off-trade channel. Historically, much of the consumption of cider/perry in Singapore ... Read More
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Spirits in Algeria
Spirits in Algeria Spirits returned to seeing positive volume growth in both 2021 and 2022, having experienced a year of decline in 2020, including a particularly steep fall in sales in the on-trade, due to the COVID-19 pandemic. In 2022, spirits saw on-trade growth outpacing the off-trade performan ... Read More
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Cider/Perry in Japan
Cider/Perry in Japan Cider/perry witnessed an increase in total volume sales in 2022, thanks to a rebound in on-trade sales. In March 2022, Japan ended the COVID-19 quasi-emergency in all prefectures, and foodservice outlets were able to operate without any restrictions. Consumers therefore started ... Read More
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Alcoholic Drinks in Singapore
Alcoholic Drinks in Singapore Growth in on-trade consumption of alcoholic drinks remained strong in 2022, as following the relaxation of restrictions in 2021, restrictions on dine-in were fully removed in Singapore in 2022. From 29 March 2022, the 22.30hrs cut-off for the sale and consumption of alc ... Read More
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Alcoholic Drinks in South Korea
Alcoholic Drinks in South Korea In 2022, most alcoholic drinks categories in South Korea experienced positive performances, mainly driven by the healthy growth of on-trade sales. As observed in the global industry, consumers resumed their habit of visiting restaurants and bars as pandemic-related re ... Read More
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Alcoholic Drinks in Chile
Alcoholic Drinks in Chile Alcoholic drinks in Chile witnessed opposing trends in 2022. The first half of the year saw a continuation of 2021 trends, with part of the excessive liquidity injected into the local economy supporting further demand as consumers continued to spend record amounts, even as ... Read More
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Alcoholic Drinks in France
Alcoholic Drinks in France The post-pandemic euphoria of 2021, which witnessed a healthy total volume growth in alcoholic drinks in France, was short-lived: indeed, overall volume sales of alcoholic drinks were showing somewhat flat growth in 2022. This stems from the impact of inflation which skyro ... Read More
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Alcoholic Drinks in Spain
Alcoholic Drinks in Spain By the end of 2021 and during the first months of 2022, Spain had to restore some COVID-19 restrictions, due to the emergence of the more contagious Omicron variant of the virus. These restrictions focused on the use of masks outdoors, and the continued usage of masks insid ... Read More
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Cider/Perry in France
Cider/Perry in France Trends as noted in other categories are also of a similar note in cider/perry. 2022 witnessed another strong drop in off-trade, which was slightly offset by the strong recovery of on-sales in creperies (Breton crêpe restaurants) where the bulk of cider is consumed. In off-trade ... Read More
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Cider/Perry in Hong Kong, China
Cider/Perry in Hong Kong, China Due to the removal of pandemic restrictions, cider/perry observed modest total volume growth in 2022 compared with the previous year. This was partly due to the solid performance of the off-trade, whilst the sustained opening of on-trade outlets led to a strong increa ... Read More
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Spirits in Singapore
Spirits in Singapore In 2022, enthusiastic bar-goers drove strong on-trade volume growth for spirits. The full reopening of nightlife venues drove the growth of Singapore’s bar and cocktail scene, as businesses saw a rise in reservations. Singapore has a world-renowned vibrant cocktail culture, and ... Read More
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Spirits in Japan
Spirits in Japan After consecutive years of decline, total volume sales of spirits returned to growth in 2022. Spirits has a higher proportion of on-trade sales than other alcoholic drinks categories. Before the pandemic, it accounted for more than 33% of total volume sales. However, in 2020 and 202 ... Read More
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Spirits in the United Arab Emirates
Spirits in the United Arab Emirates A greater focus on sustainability in the United Arab Emirates has reached alcoholic drinks. Consumer demand for sustainable spirits in particular, has been met by a new launch of award-winning and sustainable tequila brand Mijenta. Mijenta’s operations, sourcing a ... Read More
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Alcoholic Drinks in Saudi Arabia
Alcoholic Drinks in Saudi Arabia With alcoholic drinks prohibited under Islamic law, on- and off-trade sales in Saudi Arabian remained dependent on non alcoholic beer at the end of the review period. While off-trade sales of non alcoholic beer started to rebound in 2021 and 2022, the economic fallou ... Read More
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Spirits in the United Arab Emirates
Spirits in the United Arab Emirates A greater focus on sustainability in the United Arab Emirates has reached alcoholic drinks. Consumer demand for sustainable spirits in particular, has been met by a new launch of award-winning and sustainable tequila brand Mijenta. Mijenta’s operations, sourcing a ... Read More
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Spirits in Chile
Spirits in Chile In a category where overall demand for most types of spirits declined in 2022, liqueurs was a positive performer and was key to offsetting some of the category’s fall (especially through the off-trade channel). Liqueurs continued to record positive growth momentum as part of a trend ... Read More
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Spirits in Hong Kong, China
Spirits in Hong Kong, China In 2022, total volume sales of spirits recovered from the pandemic-battered year in 2020, returning to the above the pre-pandemic level of sales. All types of spirits saw growth due to the easing and then removal of pandemic restrictions by the government. Both on-trade a ... Read More
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Spirits in Vietnam
Spirits in Vietnam Spirits recorded buoyant volume growth in both the off-trade and on-trade channels in Vietnam in 2022, in keeping with the positive recovery of the domestic economy. With a stronger sense of optimism, local consumers were more willing to spend money on non-essential products, incl ... Read More
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Spirits in Spain
Spirits in Spain Even though total volume sales of spirits increased in 2022, volumes did not return to the pre-pandemic level. The supply chain crisis and rising production costs, such as raw materials and energy, which were exacerbated by the war in Ukraine, had a significant negative impact. For ... Read More
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Alcoholic Drinks in Ghana
Alcoholic Drinks in Ghana While alcoholic drinks are no longer being impacted by the COVID-19 pandemic in 2022, global inflation is impacting pricing and consumers incomes. This is leading to downtrading and is especially impacting premium and luxury brands. Meanwhile, the competitive landscape cont ... Read More
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Alcoholic Drinks in Mexico
Alcoholic Drinks in Mexico Consumers were cautious with their spending in 2022, as they had to cope with economic uncertainty. Spending wisely meant that consumers preferred to drink at home rather than going out, but also that they were willing to spend more to drink better-quality products, and to ... Read More
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Alcoholic Drinks in the United Arab Emirates
Alcoholic Drinks in the United Arab Emirates Alcoholic drinks in the United Arab Emirates continued to demonstrate healthy growth in 2022 following a notable rebound the previous year. The United Arab Emirates is known for well-established luxury lifestyles enjoyed by much of the population, includi ... Read More
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Spirits in France
Spirits in France While 2021 was an atypical year in sales of spirits, leading to small positive growth, volume sales fell into a small negative decline in 2022 – as per the structure of the category pre-pandemic. However, this hides another atypical trend – namely the cannibalisation of off-trade s ... Read More