Category: Wine
Wine market research reports by Euromonitor International
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Vietnam Cider/Perry
Cider/Perry in Vietnam Cider/perry remained a relatively niche product in terms of volume sales in Vietnam in 2023, due to the overwhelming popularity of beer in the country. While it can be advertised, due to its low ABV, its higher unit price compared to beer is a significant disadvantage when it ... Read More
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Denmark Cider/Perry
Cider/Perry in Denmark Cider/perry sales experienced a decline in 2023 in Denmark, reflecting shifting consumer preferences and product innovation trends. While manufacturers primarily focused on spirit-based RTDs, the launch of flavoured lager by Carlsberg in 2023 influenced some cider drinks to op ... Read More
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Canada Alcoholic Drinks
Alcoholic Drinks in Canada Alcoholic drinks in Canada in 2023 presented a mixed picture. While overall volume growth remained modest, strong performances by Ready-to-Drink (RTD) beverages and non-alcoholic drinks masked a decline in traditional alcoholic beverage consumption. This decline is largely ... Read More
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Cider/Perry
Cider/Perry in Switzerland Cider/perry in Switzerland continued to perform positively in off- and on-trade volume and value growth terms in 2023. In line with the general trend towards lower consumption of alcoholic drinks, but with a focus on higher-quality and premium options, value growth (curren ... Read More
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Iraq Alcoholic Drinks
Alcoholic Drinks in Iraq Alcoholic drinks in Iraq faced huge challenges in 2023 after the Iraqi Government announced stricter enforcement of the 2017 ban on the sale of alcohol. In the KRG meanwhile, strong sales growth is being seen as the alcohol ban is not enforced there. With the entire supply c ... Read More
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Bosnia and Herzegovina Alcoholic Drinks
Alcoholic Drinks in Bosnia and Herzegovina Inflation and rising prices of most products, coupled with an increasing cost of living in 2023, negatively impacted consumer confidence in Bosnia and Herzegovina. Additionally, a negative demographic trend affecting the country contributed to the reduction ... Read More
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Argentina Cider/Perry
Cider/Perry in Argentina Despite the economic crisis, cider sales exhibited positive growth in Argentina in 2023. This growth was driven by an increasing number of consumers regularly choosing cider over sparkling wine and beer. Significant investments were observed from major players like Cía Cerve ... Read More
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Argentina Wine
Wine in Argentina In 2023, wine in Argentina experienced its third consecutive decline in total volume consumption. This was primarily due to a severe drought that significantly impacted wine production. Additionally, wine crops suffered from a frost in November 2022, further disrupting the supply c ... Read More
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Bosnia and Herzegovina Wine
Wine in Bosnia and Herzegovina In 2023, wine in Bosnia and Herzegovina experienced a notable slowdown in consumer demand, although it remained comparatively stronger when compared to beer consumption trends. This shift in consumer preferences hinted at a gradual transition towards wine and spirits, ... Read More
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Egypt Wine
Wine in Egypt The market for wine in Egypt saw a healthy performance in 2023, with the rate of volume growth exceeding that beer and spirits, the two largest revenue-generating categories. This was within the context of multiple new launches at various price points, as players sought to cater to c ... Read More
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The Czech Republic Wine
Wine in the Czech Republic Wine in the Czech Republic faced declining volume sales in 2023 as economic conditions worsened. The high cost-of-living drove consumers to cut back on purchases within the wine category. Current value growth was buoyed by increased prices due to inflation and higher produ ... Read More
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Hungary Alcoholic Drinks
Alcoholic Drinks in Hungary A combination of forces shaped the market for alcoholic drinks in Hungary in 2023. People were happy to break free from any COVID-19 related restrictions and live their social lives as they used to be. This was paralleled by the large pent-up demand for tourism/travel and ... Read More
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Poland Alcoholic Drinks
Alcoholic Drinks in Poland Sales of alcoholic drinks declined both in off-trade and on-trade volume terms in Poland in 2023. At the same time, alcoholic drinks saw strong growth in total current value terms. This was the result of a significant increase in the prices of alcoholic drinks resulting fr ... Read More
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Canada Wine
Wine in Canada Wine in Canada performed slightly better during 2023 than during the review period; however, the overall growth remained flat. The category continued to face headwinds from other alcoholic beverages such as RTDs and spirits, which gained popularity, especially among Gen Z consumers. S ... Read More
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Denmark Alcoholic Drinks
Alcoholic Drinks in Denmark In 2023, total volume sales of alcoholic drinks in Denmark remained stagnant, revealing significant disparities across various product areas. Non-alcoholic drinks, flavoured lager, rosé wine, and sparkling wine experienced robust growth, while non-grape wine, brandy, cogn ... Read More
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Angola Alcoholic Drinks
Alcoholic Drinks in Angola In 2023, alcoholic drinks in Angola has faced challenges amidst fluctuating inflation and a high cost of living. Despite these hurdles, demand for national brands surged, due to greater availability and affordability. Spirits is also poised for significant value growth, dr ... Read More
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The Czech Republic Alcoholic Drinks
Alcoholic Drinks in the Czech Republic Adults in the Czech Republic consumed lower quantities of alcoholic drinks in 2023 due to the difficult economic climate and the growing preference for beverages with lower alcohol content. High inflation and the rising cost of living hindered consumer purchasi ... Read More
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Belgium Wine
Wine in Belgium Overall, wine in Belgium saw a faster decline in total volume sales in 2023, compared with 2022. The performance towards the end of the review period was impacted strongly by shifting consumer preferences within the dominant still light grape wine category. The main trend in still li ... Read More
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Hungary Wine
Wine in Hungary Total volume sales of wine fell slightly in Hungary in 2023. However, during the year, sparkling wine volume sales continued to grow, finally exceeding pre-pandemic levels. Sparkling wine consumption, traditionally reserved for celebrations and special occasions, is increasingly bein ... Read More
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Hungary Cider/Perry
Cider/Perry in Hungary Cider/perry saw a rise in total volume sales in Hungary in 2023. Cider, a relatively new category in the Hungarian alcoholic drinks market, remains a small segment compared to beer, but is growing, in contrast to alcoholic flavoured/mixed lagers, which witnessed continued decl ... Read More
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Bulgaria Cider/Perry
Cider/Perry in Bulgaria In 2023, the cider/perry category in Bulgaria witnessed strong growth in retail volume terms, thereby exceeding pre-pandemic levels. The development of this category is a result of the global trend towards low-alcohol and long drinks, especially among younger and health-consc ... Read More
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Vietnam Wine
Wine in Vietnam Unlike beer and spirits, the market for wine in Vietnam managed to register positive growth in total volume terms in 2023, despite the ongoing inflationary environment. This was partly due to the fact that key consumers of wine are middle- and high-income consumers, who are less like ... Read More
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Belgium Cider/Perry
Cider/Perry in Belgium In line with other alcoholic drinks categories, cider/perry in Belgium saw a decline in total volume sales in 2023. The burgeoning health trend and a lack of investment in the category by players and retailers were the main reasons for the downward trajectory in consumption to ... Read More
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Finland Cider/Perry
Cider/Perry in Finland Cider/perry sales in Finland registered a significant decline in volume terms in 2023, in the face of growing maturity and intense competition from other alcoholic drinks, such as beer, wine and RTDs. The beverage has traditionally been promoted as a lighter alternative to win ... Read More
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Bulgaria Wine
Wine in Bulgaria Wine in Bulgaria continued to enjoy buoyant retail volume growth, underpinned by the recovery of on-trade sales following the pandemic. However, wine consumption through the on-trade still remained below 2019 levels as inflationary conditions and price increases hindered demand and ... Read More
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