Category: Alcoholic Beverages
Asia Alcoholic Beverages
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Vietnam Alcoholic Drinks
... to the elevated rate of inflation, which impacted household spending. With prices continuing to rise, many consumers, especially those in the lower-income segment, opted to cut back on non-essentials in order to save money. Growth ... Read More
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Vietnam Cider/Perry
... its low ABV, its higher unit price compared to beer is a significant disadvantage when it comes to consumer trial. Nevertheless, the category witnessed a strong performance in volume terms in 2023, despite the inflationary ... Read More
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Vietnam Spirits
... elevated rate of inflation, which forced many consumers to cut back on discretionary spending in order to save money. With the bulk of volume sales within the category accounted for by local white spirits, which ... Read More
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The Philippines Alcoholic Drinks
... on consumer spending. Indeed, the country finished with year with a GDP growth rate of 5.6%, which exceeded that of other major Asian economies, including China, Vietnam and Malaysia. Euromonitor International's Alcoholic Drinks in Philippines ... Read More
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South Korea Alcoholic Drinks
... by significant consumer cost burden due to inflation. This economic pressure curtailed the anticipated recovery of the on-trade channel, minimising growth and contributing to a challenging year overall for alcoholic drinks. Meanwhile, despite seeing another ... Read More
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The Philippines Spirits
... and rum remained the most important product areas in spirits, with both seeing an improved performance, when compared to the previous year. With varieties that appeal to price-conscious consumers, as well as those looking for ... Read More
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South Korea Spirits
... Generation Z of legal drinking age, and Millennials, characterised by their tendency for adventurous and experiential purchases. This trend has been particularly prominent in the realm of whisky-based beverages, such as highballs, which in 2023 ... Read More
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The Philippines Cider/Perry
... beer and RTDs, which have a more established distribution, as well as a much broader consumer base. Nonetheless, a gradually improving economy, coupled with an increase in tourism, fostered a favourable environment for cider/perry, particularly ... Read More
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Japan Cider/Perry
... prefectures in 2022, the return to pre-pandemic lifestyles had been gradual. However, with the reclassification of COVID-19 to a class five infectious disease in May 2023, akin to seasonal flu, and the shift in infection ... Read More
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Japan Alcoholic Drinks
... robust rebound as Japan began to move past the COVID-19 pandemic. In May 2023, COVID-19 was reclassified to level five by the government, the same as seasonal influenza, which significantly altered how the disease was ... Read More
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China Cider/Perry
... rates exceeding 20%. The strong growth of cider/perry can mainly be attributed to its low alcohol content, which has become increasingly favoured by Chinese consumers, who have heightened health awareness following the pandemic. High alcohol ... Read More
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China Spirits
... of Chinese spirits. Although the lifting of restrictions post-pandemic positively influenced the frequency of alcoholic drinks consumption, changes in consumer habits and concerns about health led to reduced interest in traditional Chinese spirits amongst Chinese ... Read More
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China Alcoholic Drinks
... slight decrease in volume sales, while the on-trade channel saw a low single-digit volume increase. The growth trend was mainly driven by consumers venturing out of their homes as pandemic control measures ended in China, ... Read More
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Japan Spirits
... the pandemic, there was a surge in the home consumption of whiskies, while demand in the on-trade saw a significant decline. However, in 2023 whiskies saw double-digit total volume growth, with growth for both channels. ... Read More
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Asia Pacific Flavored Alcohol Market Size study, by Type (Whiskey, Rum, Vodka, Tequila, Gin, Others), by Flavor (Herbs & Spices, Fruits, Nuts & Seeds, Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Co
... and Country Forecasts 2022-2032 Asia Pacific Flavored Alcohol Market is valued approximately at USD 6.10 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 17.02% over the forecast ... Read More
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Japan Beverages Consumption Trends and Forecasts Tracker, Q1 2024 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)
... alcoholic drinks is an essential tool for keeping up-to-date with the latest industry performance and developments on a quarterly basis, covering- Top line consumption volumes for Q1-2024 vs Q1-2023, moving annual totals (MAT), full year ... Read More
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Irish Whiskey Market, By Product Type (Single Malt, Single Grain, Pot Still, and Blended), By Distribution Channel (Specialty Stores, Hypermarkets & Supermarkets, Duty-free Stores, Restaurants & Bars, Online, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
... America, Europe, Asia Pacific, Middle East & Africa) The global Irish whiskey market has witnessed robust growth in the last few years, driven by rising demand for premium and craft Irish whiskeys across major markets ... Read More
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Hopped Malt Extract Market, By Source (Barley, Wheat, Rye, Others), By Form (Liquid, Dry, Others), By Application (Beer, Whisky, Food, Pharma, Others), By Distribution Channel (B2B, B2C, Online, Specialty Stores, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
... Europe, Asia Pacific, Latin America, Middle East and Africa) The hopped malt extract market size is expected to reach US$ 2 Bn by 2030, from US$ 1.28 Bn in 2023, at a CAGR of 6.6% ... Read More
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Singapore Spirits - Market Assessment and Forecasts to 2027
... shares. The Singaporean spirits sector is led by the whiskey category in both value and volume terms during 2022. The vodka category is forecast to register the fastest value and volume growth during 2022–27. Food ... Read More
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Bangladesh: Whisky Market - Analysis, Size, Trends, Consumption, and Forecast
... forecast for the market development in the medium term. The report provides a strategic analysis of the whisky market in Bangladesh and describes the main market participants, growth and demand drivers, challenges, and all other ... Read More
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Brunei Darussalam: Whisky Market - Analysis, Size, Trends, Consumption, and Forecast
... a forecast for the market development in the medium term. The report provides a strategic analysis of the whisky market in Brunei Darussalam and describes the main market participants, growth and demand drivers, challenges, and ... Read More
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Thailand: Whisky Market - Analysis, Size, Trends, Consumption, and Forecast
... forecast for the market development in the medium term. The report provides a strategic analysis of the whisky market in Thailand and describes the main market participants, growth and demand drivers, challenges, and all other ... Read More
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Papua New Guinea: Vodka Market - Analysis, Size, Trends, Consumption, and Forecast
... and a forecast for the market development in the medium term. The report provides a strategic analysis of the vodka market in Papua New Guinea and describes the main market participants, growth and demand drivers, ... Read More
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Thailand: Vodka Market - Analysis, Size, Trends, Consumption, and Forecast
... forecast for the market development in the medium term. The report provides a strategic analysis of the vodka market in Thailand and describes the main market participants, growth and demand drivers, challenges, and all other ... Read More
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Northeast Asia: Vodka Market - Analysis, Size, Trends, Consumption, and Forecast
... it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the vodka market in Northeast Asia and describes the main market participants, growth and demand drivers, ... Read More
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