Category: Beverages
Asia Beverages
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Georgia Wine
... the country. However, a noteworthy trend persisted, with a significant portion of locals continuing to favour home-made wine over commercially produced varieties. This preference for home-made wine was particularly pronounced in rural regions, where the ... Read More
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Bangladesh Alcoholic Drinks
... have seen more locals adopting the habit despite traditional and religious prohibitions. However, the future poses challenges for importers, retailers, and manufacturers due to political unrest and a slowing economy. Political instability may restrict drinking ... Read More
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Hong Kong, China Alcoholic Drinks
... previous year’s estimates, impacted by a sluggish local economy. Despite this challenge, sales continued to rise following the removal of travel restrictions and the number of events that Hong Kong hosted during the year, attracting ... Read More
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Cambodia Alcoholic Drinks
... spent around USD2.3 billion on beer in 2023. Meanwhile, the country's GDP grew by 5%, supported by stable domestic politics, tourism recovery, increased investments, beneficial free trade agreements, and a robust banking system. Alcoholic drinks ... Read More
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Georgia Beer
... in domestic production and a rise in imports. The Horeca (Hotel/Restaurant/Café) sector experienced faster growth than the off-trade sector, a trend largely attributed to the influx of tourists and locals spending more time outside their ... Read More
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Hong Kong, China Spirits
... hosted and public festivals, concerts, and events helped to drive up demand. Both on-trade and off-trade outlets witnessed an upturn as the city gradually returned to normal after reopening, with traditionally popular spirits such as ... Read More
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Georgia Alcoholic Drinks
... inflation and a stable exchange rate contributed to the prevention of significant price growth in alcoholic drinks. Euromonitor International's Alcoholic Drinks in Georgia report offers a comprehensive guide to the size and shape of the ... Read More
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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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India Innovation: Food and Beverage
... brand and sub-brand launch activity. Euromonitor International’s Innovation: Food and Beverage in India report provides data and analysis on new product launch activity across digital shelf in a specific country. The reports explore what type ... 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 Beer
... which impacted discretionary spending. With prices of energy and food continuing to rise, many consumers, especially those in the lower-income segment, opted to cut back on non-essentials in order to save money. Beer prices also ... 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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Vietnam Wine
... fact that key consumers of wine are middle- and high-income consumers, who are less likely than low-income individuals to be affected by economic fluctuations. However, the rate of volume growth was slower than the previous ... Read More
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Plant-Based Dairy Packaging in China
... since brick liquid cartons provide a lightweight, cost-effective and more sustainable alternative to metal cans. Brick liquid cartons are made from renewable resources and are fully recyclable, supporting China's environmental goals and addressing concerns about ... Read More
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Dairy Packaging in China
... These cartons are easy to handle, pour and store, helping them to appeal to busy urban consumers. They also provide more space for eye-catching graphics and product information, helping products stand out on crowded shelves. ... Read More
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South Korea Wine
... industry is now speculating about the next big trend, following the strong surge for whiskies and highballs. Initially, in 2020, wine became one of the preferred choices for premium home drinking. However, its appeal began ... Read More
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The Philippines Wine
... levels. Euromonitor International's Wine in Philippines report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify ... Read More
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South Korea Beer
... 2023, beer in South Korea experienced stagnation, with declines seen across various categories, particularly craft and imported beers. High on-trade inflation, a slight reversal of off-trade gains, and swiftly changing alcohol trends presented substantial challenges. ... Read More
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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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