Wine Market Research Reports & Industry Analysis
Wine Industry Research & Market Reports
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Uzbekistan Alcoholic Drinks
... both vodka and beer experienced negative trends in consumption, with a decline in sales and production. Additionally, the presence of a growing grey market posed a significant challenge to the legal market for both beverages, ... Read More
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Lithuania Cider/Perry
... self-indulgent consumers tend to avoid. With consumers becoming increasingly health conscious they have been looking to reduce their sugar intake and as such have been shifting to alternative drinks options. Another factor limiting demand in ... Read More
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Taiwan Wine
... leading to a significant decline across all metrics in 2023, albeit at slower rates than seen during the previous year of the review period. Euromonitor International's Wine in Taiwan report offers a comprehensive guide to ... Read More
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Peru Cider/Perry
... The main reason for this was due to the fact that the category was growing from a very low base, with cider/perry still being unfamiliar to many local consumers. As such, sales are still dependent ... Read More
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Sri Lanka Alcoholic Drinks
... 94% market share, although it experienced a decline in overall sales. Increased beer prices and shifting consumer preferences have contributed to this downturn. Political and economic factors, including inflation and rising import duties, further disrupted ... Read More
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Taiwan Alcoholic Drinks
... workforce insufficiency is a more significant issue, while increasing shipping costs are more concerning for imported brands. Aside from this, Taiwanese consumers remain highly price sensitive. Euromonitor International's Alcoholic Drinks in Taiwan report offers a ... Read More
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Tunisia Wine
... presence in upscale restaurants, hotels, and large retail outlets has been steadily increasing. This trend is driven by a notable reduction in the price differential between local and imported wines, making imported options more accessible ... Read More
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Peru Wine
... faced an economic crisis in 2023 due to internal and external factors. Out of this the informal market has grown in Peru with smuggling, especially on the border with Bolivia, becoming a serious problem, where ... Read More
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Slovenia Wine
... to prefer beverages with higher alcohol content. The older population, who traditionally appreciated quality wines, is consuming less alcohol due to health concerns. Younger consumers are also more inclined to experiment with different types of ... Read More
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Uzbekistan Wine
... focus was primarily on cheaper fortified wines, there was now a growing interest in wines that offered a balance between price and quality, indicating a shift towards more refined tastes. Moreover, the positive dynamics in ... Read More
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Kuwait Alcoholic Drinks
... sense of ethical satisfaction and peer approval. Brands taking political stances face significant business impacts due to boycotting trends. This is evident in on-trade channels like restaurants switching to local products, such as Saudi Arabia's ... Read More
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Dominican Republic Wine
... cut down on wine consumption. That being said, volume sales increased through on-trade channels, largely due to the increased number of foreign tourists. However, volume sales are significantly lower through foodservice than through retail. Euromonitor ... Read More
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Uruguay Wine
... using a taxi due to the prohibition on drinking and driving, have made dining out more expensive for many consumers. Consequently, a significant portion of the population preferred to avoid alcohol when dining out to ... Read More
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Uruguay Cider/Perry
... As the market for alcoholic beverages in Uruguay has become increasingly sophisticated with a focus on higher quality, cider/perry has lost relevance. Its volume has diminished year by year, maintaining strong seasonality during the end-of-year ... Read More
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Slovenia Cider/Perry
... apples produced locally. Consumers are seeking refreshing drinks that offer low-sugar and gluten-free options. The first festival of cider makers held in 2023 in Slovenia showcased seven local producers who make natural cider from organic ... Read More
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Taiwan Cider/Perry
... more opportunities to socialise outside of the home, cider/perry performed better than during the previous year of the review period. However, the category still saw losses across all metrics. Euromonitor International's Cider/Perry in Taiwan report ... Read More
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Dominican Republic Alcoholic Drinks
... second half of the year, as the economy picked up. Euromonitor International's Alcoholic Drinks in Dominican Republic report offers a comprehensive guide to the size and shape of the market at a national level. It ... Read More
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Turkey Wine
... poor grape harvesting, the aforementioned rising unit prices due to increased production costs, the VAT for alcoholic drinks going up from 18% to 20%, and excise tax (OTV) increasing twice in the year; as well ... Read More
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Latvia Wine
... sales have yet to return to pre-pandemic levels. 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 ... Read More
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Slovenia Alcoholic Drinks
... drinks for a more sophisticated experience. Within the spirits category, gin and rum experienced the fastest growth due to this premiumisation. Gin became the most popular spirit in Slovenia, with a rising number of local ... Read More
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Uruguay Alcoholic Drinks
... GDP grew and overall consumption remained stable. Inflation, which initially showed similar trends to 2022 in the early months, managed to decrease in the second half, concluding the year with a 5% increase according to ... Read More
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Tunisia Alcoholic Drinks
... diminishing purchasing power of local consumers and the impact of inflation. Rising prices placed strains on consumers' budgets, resulting in decreased affordability and dampened demand for alcoholic beverages. Beer, wine, and spirits, traditionally pillars of ... Read More
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Lithuania Alcoholic Drinks
... out of boredom and general anxiety. The year started very well, especially in horeca outlets where a good summer provided a further boost to sales. Thereafter, consumers began to rein in expenditure on alcoholic drinks ... Read More
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Peru Alcoholic Drinks
... in their spending when it came to alcoholic drinks, with the most affected categories being spirits and wine. On the other hand, higher temperatures, in addition to lower prices, helped to sustain demand for beer, ... Read More
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Lithuania Wine
... cut-back on wine consumption. Off-trade wine consumption soared during the pandemic as sales in the on-trade plummeted. With horeca outlets back in business from 2021, there was a strong recovery in on-trade wine consumption taking ... Read More
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