Category: Wine
Wine market research reports by Euromonitor International
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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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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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Japan Wine
Wine in Japan Total volume sales of wine in Japan saw a slight decline in 2023. While on-trade sales increased strongly in a continued rebound from the pandemic decline, the impact of the decline in the off-trade was more significant. Home drinking decreased after the reclassification of COVID-19 fr ... 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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The Transformation of Customer Loyalty: A Pan-Industry View
The Transformation of Customer Loyalty: A Pan-Industry View In a time of uncertainty, brands must ensure that the value proposition provided by their loyalty schemes is firmly aligned with customer needs, priorities and expectations, continuously refined and adapted to withstand disruption and chang ... Read More
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Sustainability in Luxury and Fashion: Time for Action
Sustainability in Luxury and Fashion: Time for Action In the context of climate crisis, shifting regulation and high inflation leading consumers to rethink their fashion spend, fashion and luxury market players need to review their operations to minimise their negative impact while helping to build ... Read More
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Wine in Switzerland
Wine in Switzerland In 2022, wine registered moderate total volume growth, while recording strong total current value growth. While volume and value sales increased in both the retail and foodservice channels, growth was mainly driven by the on-trade recovery, as consumers gradually returned to dini ... 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 the Philippines
Fine Wines/Champagne and Spirits in the Philippines Retail current value sales of fine wines/champagne and spirits grew by 16% in 2023 to total PHP66.8 billion, as a result of consumers’ desire to make the most of freedoms and open society after the Coronavirus (COVID-19) pandemic. Enjoying a drink ... 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 Hong Kong, China
Fine Wines/Champagne and Spirits in Hong Kong, China Value sales of fine wines/champagne and spirits grew by 16% to total HKD1.1 billion in 2023, boosted by consumers’ desire to enjoy themselves after the pandemic. Enjoying a drink with friends remains a priority leisure activity, following the rest ... 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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Luxury Goods in China
Luxury Goods in China Retail value sales of luxury goods in China grew by 6% in 2023 in current terms, to stand at CNY3 trillion. Growth in sales was fuelled by several factors during the post-lockdown period. One significant driver was a desire amongst affluent consumers to reward themselves after ... Read More
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Alcoholic Drinks Packaging in France
Alcoholic Drinks Packaging in France Flavoured/mixed lager packaging continued to register strong growth in France's alcoholic drinks packaging industry in 2022, helped by changing consumer preferences and the demand for unique taste experiences. Breweries sought to differentiate their products and ... Read More
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Alcoholic Drinks in Oman
Alcoholic Drinks in Oman Locals are officially banned from buying and consuming alcohol, with players relying on expatriates for sales, while the ban on marketing alcoholic drinks makes it challenging for brand owners to influence consumer choices. Nonetheless, the lifting of COVID-19 restrictions p ... Read More
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Wine in Estonia
Wine in Estonia As in 2021, “other” fortified wine posted the fastest total volume growth in 2022. This performance can be explained by the lower prices of these types of products, compared with other options in wine categories. Due to the effects of galloping inflation on household budgets and purc ... Read More
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Wine in Latvia
Wine in Latvia Wine sales demonstrated good results in 2022 once pandemic-related restrictions had eased and consumers were able to pursue a greater degree of normality in their lives. Consumers returned to on-trade establishments in larger numbers in 2022 providing a boost to overall category volum ... Read More
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Cider/Perry in Latvia
Cider/Perry in Latvia Cider witnessed strong growth in 2022 and continued to gain back the losses incurred during the COVID-19 pandemic. The consumer foodservice industry returned to operating at full capacity in 2022, leading to a resurgence in demand for cider, which is a very popular option in ho ... Read More
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Cider/Perry in Lithuania
Cider/Perry in Lithuania Sales of cider/perry declined in 2022 after a brief revival in fortunes in 2021. Cider/perry has struggled to establish as significant demand as in other markets with it having a bad reputation for its high sugar content. With consumers becoming increasingly health conscious ... Read More
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Cider/Perry in Estonia
Cider/Perry in Estonia Cider/perry continued to see a dip in off-trade volume sales in 2022. The growing popularity of flavoured/mixed lager had a negative effect on cider/perry. Cider/perry retail unit prices rose in 2022 due to the galloping inflation in the country. While buoying current value sa ... Read More
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Wine in Lithuania
Wine in Lithuania Wine sales declined in 2022 after couple of good years for sales in Lithuania. The pandemic was an important factor in this renaissance in 2020 and 2021 as consumers were forced to spend more time at home. This led to a trend towards buying wine to drink with home-cooked meals, whi ... Read More
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