Category: Wine
Wine market research reports by Euromonitor International
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Fine Wines/Champagne and Spirits in Spain
Fine Wines/Champagne and Spirits in Spain In 2024, fine wines/champagne and spirits in Spain is set to continue to see retail current value growth. However, the rate of increase is expected to be slower than in 2023, with this trend seen in every individual category within fine wines and luxury spir ... Read More
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Fine Wines/Champagne and Spirits in India
Fine Wines/Champagne and Spirits in India Fine wines/champagne and spirits is set to maintain solid retail current value growth in India in 2024, with sales continuing to be overwhelmingly dominated by luxury spirits, especially luxury whiskies. Historically, single malt Scotch dominated single malt ... Read More
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Fine Wines/Champagne and Spirits in Romania
Fine Wines/Champagne and Spirits in Romania In 2024, retail current value sales of fine wines/champagne and spirits is set to grow by 1%, reaching a total of RON496 million. However, this figure is a drop from the double-digit growth performance seen the previous year, when consumers were socialisin ... Read More
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Fine Wines/Champagne and Spirits in the Netherlands
Fine Wines/Champagne and Spirits in the Netherlands Demand for fine wines/champagne and spirits has continued to see steady growth in 2024, influenced by a general growing interest in quality over quantity when it comes to alcoholic drinks and a focus on more sophisticated products among Dutch consu ... Read More
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Fine Wines/Champagne and Spirits in Canada
Fine Wines/Champagne and Spirits in Canada In 2024, fine wines/champagne and spirits in Canada experienced marginal value growth, with low single-digit increases across most categories. Volume growth remained flat, with only luxury whiskies managing to surpass low single-digit volume gains. This sub ... Read More
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Fine Wines/Champagne and Spirits in Turkey
Fine Wines/Champagne and Spirits in Turkey The market for fine wines, champagne, and spirits in Turkey is poised for dynamic growth in current value terms in 2024, driven by an increasing appreciation for these beverages among both local and international consumers. However, it is important to note ... Read More
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Fine Wines/Champagne and Spirits in Mexico
Fine Wines/Champagne and Spirits in Mexico While retail demand for fines wines/champagne and spirits in Mexico marginally falls in 2024 compared to the previous year, as some consumers prioritise their expenditure in a scenario of inflation, value sales are set to increase by 4% over the year to tot ... Read More
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Fine Wines/Champagne and Spirits in Japan
Fine Wines/Champagne and Spirits in Japan Fine wines/champagne and spirits in Japan is set to continue to post moderate positive retail current value growth in 2024, although retail volume sales are expected to see only a low increase. The stronger value growth rate is mainly due to increases in uni ... Read More
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Fine Wines/Champagne and Spirits in France
Fine Wines/Champagne and Spirits in France Fine wines/champagne and spirits is set to maintain retail current value growth in France in 2024, but see only a slow increase. Other fine wine is expected to struggle to achieve growth in retail volume terms. This stems from an ongoing structural decline ... Read More
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Fine Wines/Champagne and Spirits in the United Kingdom
Fine Wines/Champagne and Spirits in the United Kingdom While sales of luxury goods are slowing down, local consumers remain willing to spend money on fine wines/champagne and spirits in the UK to enhance their luxury experiences. Sustained value growth is evident in the category, which continues to ... Read More
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Wine in India
Wine in India In 2023, total volume sales of wine saw almost a double-digit increase in India. Millennials, a significant group of 331 million individuals, are driving sales, as the category’s sophistication and lower alcohol content (ABV) than spirits make it suitable for social drinking, even with ... Read More
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Alcoholic Drinks Packaging in France
Alcoholic Drinks Packaging in France Despite a decline in total packaging retail volumes for alcoholic drinks in France in 2023, which was mirrored in glass bottles, this pack type maintained its position as the dominant packaging choice in the country, still accounting for more than three quarters ... Read More
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Wines and Cider in the United Kingdom: ISIC 1552
Wines and Cider in the United Kingdom: ISIC 1552 Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Wines and Cider: ISIC 1552 market at a national level. It provides the late ... Read More
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Top Trends in Alcoholic Drinks
Top Trends in Alcoholic Drinks With the global alcohol industry performance in negative territory and still lingering macroeconomic and geopolitical risks on the horizon, what are the key trends providing opportunities, cautionary tales and glimpses of the future amidst the challenges? Euromonitor I ... Read More
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Oman Alcoholic Drinks
Alcoholic Drinks in Oman Demand for alcoholic drinks increased in Oman in 2023 as the presence of affluent expatriates in the country supported demand. Positive growth in beer, wine and spirits is also being supported by buoyant inbound tourism flows and the rebound being seen in the numbers of expa ... Read More
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Singapore Wine
Wine in Singapore In 2023, wine in Singapore experienced a slight decline in total volume sales following the strong growth rates seen in 2021 and 2022. This trend mirrors that of many alcoholic drinks categories, influenced by the rising cost of living, which made consumers more budget-conscious, a ... Read More
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Singapore Alcoholic Drinks
Alcoholic Drinks in Singapore In 2023, alcoholic drinks in Singapore saw a slight decline in total volume sales. This was mainly due to weaker consumer sentiment amidst the higher cost of living, which dampened spending as consumers became increasingly value-driven in their purchasing decisions, whi ... Read More
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Singapore Cider/Perry
Cider/Perry in Singapore Cider/perry saw another year of total volume decline in Singapore in 2023, and the steepest decline within alcoholic drinks. Like the overall alcoholic drinks industry, cider/perry struggled to achieve volume growth amidst the broader alcohol moderation trend and higher cost ... Read More
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Germany Alcoholic Drinks
Alcoholic Drinks in Germany Following the upheavals witnessed in previous years linked to the pandemic, and a major rebound for on-trade sales due to the full reopening of foodservice outlets in 2022, thereby boosting overall volume sales growth of alcoholic drinks in Germany, total volume sales in ... Read More
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Germany Wine
Wine in Germany Off-trade volume sales of wine in Germany continued to decline in 2023, albeit at a more moderate pace than in 2022, as the category followed the strong post-pandemic resumption of on-trade sales. This overall downward trend in off-trade channels was largely a reaction to high averag ... Read More
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Germany Cider/Perry
Cider/Perry in Germany Off-trade volume sales of cider/perry in Germany recorded solid growth in 2023, as the category continued to attract new consumers by being increasingly considered an alternative to beer. The wide offer of fruit-flavoured cider/perry has helped to give the category a broader a ... Read More
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World Market for Alcoholic Drinks
World Market for Alcoholic Drinks As the post-pandemic recovery gave way to a world steeped in geopolitical conflict and severe inflationary pressures, the alcoholic drinks industry’s resilience was put to the test. With global total volume growth rates turning negative and the premiumisation narrat ... Read More
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Ecuador Wine
Wine in Ecuador The post-pandemic period witnessed a remarkable surge in wine consumption in Ecuador, with consumers embracing the habit of regular wine drinking. This fostered high expectations within the industry, attracting numerous smaller brands alongside the growth of retailers. However, polit ... Read More
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Azerbaijan Wine
Wine in Azerbaijan In 2023, wine in Azerbaijan continued to witness moderate growth in retail volume and current value terms. Wine is a staple beverage at large social gatherings such as weddings and parties, and commonly consumed when Azerbaijanis come together with friends and family in smaller nu ... Read More
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Ukraine Wine
Wine in Ukraine There is a developing wine culture in Ukraine with locals becoming more familiar with the different varieties and this is supporting a per capita increase in sales. Many consumers remained limited in their traveling in 2023 due to legislative limitations during martial law\wartime, w ... Read More
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