Category: Wine
Wine market research reports by Euromonitor International
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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 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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Fine Wines/Champagne and Spirits in the US
Fine Wines/Champagne and Spirits in the US Value sales of fine wines/champagne and spirits grew by 4% to total USD13.4 billion in 2023, boosted by consumers’ appetite for experiences and enjoyment after the pandemic. Enjoying a drink with a meal at home or when relaxing remains a key pastime amongst ... 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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Fine Wines/Champagne and Spirits in Australia
Fine Wines/Champagne and Spirits in Australia Despite the disruption from the pandemic over the last three years, fine wine/champagne and spirits managed to post steady growth in Australia throughout this period, due to the strong demand for retail products to be enjoyed at home during the lockdown ... 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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Wine in Taiwan
Wine in Taiwan The wine landscape has seen positive, single-digit growth in 2022, much of which is due to local consumers gaining a more appreciative taste for wine. Most locals embrace the notion of “drinking in moderation”, enjoying the taste of products, which has contributed to wine being best e ... Read More
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Alcoholic Drinks in Kuwait
Alcoholic Drinks in Kuwait The sale and consumption of alcoholic drinks are illegal in Kuwait and, therefore, 100% of sales generated in Kuwait’s alcoholic drinks industry comes from non alcoholic beer. The category saw an upturn in its performance in 2022 as it witnessed some recovery from the impa ... Read More
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Cider/Perry in Taiwan
Cider/Perry in Taiwan The local cider/perry landscape is relatively small compared to other alcohol subcategories, but it has observed modest growth recently. This is due to local consumers becoming increasingly interested in trying new kinds of alcohol and searching for unique flavour experiences. ... Read More
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Alcoholic Drinks in Ethiopia
Alcoholic Drinks in Ethiopia Alcoholic drinks recorded robust growth in 2022 as sales continued to recover from the impact of COVID-19. Expanding local production, especially in wine and beer, has supported growth by offering consumers affordable options at a time when currency devaluation is making ... Read More
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Alcoholic Drinks in Tanzania
Alcoholic Drinks in Tanzania Alcoholic drinks sales are driven by the high popularity of beer among local consumers and tourists, while spirits and wine are gaining attention as aspirational drinks among young adults and/or a growing middle-class society. Despite a stricter approach to informal sale ... Read More
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Wine in Australia
Wine in Australia Australian wine stocks rose for a second consecutive year, with over two billion litres of Australian wine in inventory by the end of 2022, up 8% from the previous year, according to Wine Australia. This was the result of a record production year in 2021, followed by a strong produ ... Read More
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Wine in China
Wine in China In light of the COVID-induced lockdowns in 2022, there was a notable reduction in the level of imports of wine within China. This decline in the aggregate wine supply impacted the availability of imported wine and contributed to decreases in consumption both on-trade and off-trade. Fur ... Read More
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Cider/Perry in China
Cider/Perry in China The cider/perry category in China witnessed a remarkable surge in 2022, characterised by a double-digit total volume growth rate, driven by growth in off-trade sales. This sustained expansion can be ascribed to consumers’ unwavering inclination towards lower alcohol drinks, such ... Read More
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