Category: Beer
Beer market research reports by Euromonitor International
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South Korea Beer
Beer in South Korea Despite expectations that the endemic phase of the pandemic would herald a second year of dynamic revival for the on-trade, and a flourishing year for total volume sales of beer in 2023, beer in South Korea experienced stagnation, with declines seen across various categories, par ... 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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Algeria Beer
Beer in Algeria In 2023, the beer market in Algeria registered moderate volume growth. This increase was supported by a rise in the number of inbound arrivals for both business and leisure, as well as natural population growth. Domestic mid-priced lager beers continued to dominate the market, offeri ... Read More
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Saudi Arabia Beer
Beer in Saudi Arabia Beer in Saudi Arabia in 2023 remained the only relevant category in alcoholic drinks, as non-alcoholic beer is the only AD product allowed to be consumed in the Kingdom. This is due to the strict laws prohibiting the consumption of alcoholic drinks in Saudi Arabia, due to the ma ... Read More
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The Philippines Beer
Beer in the Philippines Thanks to the improving economic conditions and a flourishing labour market, the market for beer in the Philippines continued to expand in both volume and current value terms in 2023 . The revitalisation of on-trade spending also emerged as a key driver of demand, as consumer ... Read More
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France Beer
Beer in France 2023 was a tough year from beer with sales declining across all categories in total volume terms. Although sales continued to report healthy growth in total current value terms this was due to the impact of high inflation and rising production costs rather than an increase in demand. ... Read More
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China Beer
Beer in China In 2023, beer in China saw a slight rebound in total volume sales compared with 2022, mainly driven by the easing of pandemic restrictions and a return to growth in on-trade sales. However, total volume sales were still short of the 2019 figure in 2023, reaching 93-94% of the volume sa ... 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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The US Beer
Beer in the US Total volume sales of beer in the US continued to decline in 2023. Bud Light, the long-reigning beer brand by volume in the US, saw a devasting loss in volumes in terms of actual sales and share in 2023, due to a pernicious culture war-driven boycott early in the year. Losses selectiv ... Read More
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Japan Beer
Beer in Japan Total volume sales of beer in Japan decreased slightly from 2022 to 2023. Although on-trade sales saw a double-digit increase, maintaining the post-pandemic recovery trend started in 2022, the impact of the decline in off-trade sales, as consumers switched their preferred consumption c ... 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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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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The United Kingdom Beer
Beer in the United Kingdom Total volume sales of beer in the UK declined in 2023. However, while off-trade volume sales continued to stabilise following the boost which came as a result of the pandemic, leading to another marginal dip in 2023 via this channel, at-home consumption remained popular. D ... 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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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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Beer in Switzerland
Beer in Switzerland Retail volume sales of beer dropped slightly in 2022, mainly due to the ongoing recovery of the on-trade channel. Thus, total volume sales rose over 2022. Foodservice outlets continued to gradually reopen and consumers regained confidence and interest in going/dining/drinking out ... Read More
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Anheuser-Busch InBev NV in Beer (World)
Anheuser-Busch InBev NV in Beer (World) AB InBev - the world’s largest brewer - benefits from an offer that spans a broad range of geographies, beer categories and price points, which boosts its capacity to adapt. Flexibility will prove advantageous, given the array of challenges currently facing th ... 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