Category: Beverages
Asia Beverages
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The Philippines Rtds
... in on-trade outlets, bolstered by expanded distribution and the aggressive marketing efforts of players such as Asia Brewery and Emperador Distillers which sought to appeal to younger consumers. While Asia Brewery invested in above-the-line advertising ... 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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The Philippines Beer
... The revitalisation of on-trade spending also emerged as a key driver of demand, as consumers returned to pre-pandemic patterns of behaviour, including socialising in bars and restaurants with family, colleagues and groups of friends. Euromonitor ... Read More
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South Korea Rtds
... in light home drinking, and a rise in young consumers of legal drinking age, as well as female consumers. These groups are pushing the industry towards premium drinks, low alcohol or non alcoholic beverages, and ... 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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China Beer
... However, total volume sales were still short of the 2019 figure in 2023, reaching 93-94% of the volume sales of that year. The consumer trend of “drink less but better”, and growing health consciousness led ... Read More
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China Wine
... wine has decreased. In China, wine is mainly consumed in social settings, such as at social gatherings and business banquets. However, in recent years, consumption in social contexts has become increasingly diverse. Chinese spirits, international ... 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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Japan Beer
... decline in off-trade sales, as consumers switched their preferred consumption channel, was more significant, and total volume sales therefore declined. Euromonitor International's Beer in Japan report offers a comprehensive guide to the size and shape ... Read More
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Japan Rtds
... off-trade sales surged during the COVID-19 pandemic. However, in 2023, RTDs in Japan returned to positive growth, with growth for both channels, with sugar-free products playing a significant role in this upward trend. Increasing health ... 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 Wine
... the off-trade was more significant. Home drinking decreased after the reclassification of COVID-19 from a level two infectious disease to level five, the same level as influenza. Consumer behaviour totally changed after the reclassification in ... 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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China Rtds
... purchasing age in China are gradually embracing lower alcohol drinks, including RTDs. Brands such as the leader Rio and others are becoming increasingly common and prominently displayed on the shelves of urban supermarkets in China. ... Read More
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South Korea Beverages Consumption Trends and Forecasts Tracker, Q1 2024 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)
... drinks and 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), ... Read More
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Georgia 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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Macau 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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Global Japanese Sake Competitive Landscape Professional Research Report 2024
... fermentation of polished rice, water, yeast, and koji mold. Sake production involves a meticulous brewing process, and the quality and flavor profiles can vary widely based on factors such as the type of rice, water ... Read More
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Malaysia 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