Category: Beverages
Asia Beverages
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Spirits in Hong Kong, China
... to the easing and then removal of pandemic restrictions by the government. Both on-trade and off-trade outlets saw remarkable growth as the city gradually returned to normal. Popular spirits such as gin and tequila were ... Read More
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Beer in Singapore
... 22.30hrs cut-off for the sale and consumption of alcohol at food and beverage outlets was lifted. This move prompted producers to focus on on-trade promotions, which encouraged diners to return to different channels, including hawker ... Read More
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Rtds in Singapore
... by operators to encourage dining-in further drove the growth in the on-trade. Moreover, the approachable nature of RTDs further encouraged consumer interest. The majority of RTDs have primarily been designed to attract the younger generation ... Read More
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Spirits in Vietnam
... local consumers were more willing to spend money on non-essential products, including spirits. The Vietnamese government also lifted all social distancing restrictions, which meant that consumers could gather for drinks at restaurants, bars and clubs, ... Read More
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Beer in Indonesia
... lager, low alcohol and non alcoholic beer - as well as extensive availability, with the products being very commonly available in both on- and off trade channels. Having products in different price ranges also supports ... Read More
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Wine in Japan
... foodservice outlets were able to operate without any restrictions. As a result, on-trade wine volumes recorded significant growth. Nevertheless, in 2022 on-trade volume sales recovered to only less than 70% of those seen in 2019, ... Read More
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Spirits in South Korea
... sober curious culture, local consumers have shifted to categories perceived as more exotic and unique, such as craft beer, wine, as well as premium traditional alcoholic drinks. In particular, demand for soju among consumers in ... Read More
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Alcoholic Drinks in Vietnam
... years of social distancing and lockdown measures, due to COVID-19. One major factor to take into consideration as the highly effective management of the COVID-19 situation by the Vietnamese government, which gained international praise. As ... Read More
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Beer in Vietnam
... all restaurants, bars and pubs were required to close, which had a negative impact on on-trade volumes. Alongside this, supressed levels of tourism placed downward pressure on demand. With the relaxation of social distancing measures ... Read More
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Cider/Perry in Thailand
... as well as amongst health conscious consumers to whom these products seem healthier than other alcoholic beverages because they are made from apple juice. Once the lockdown period came to an end, all clubs, bars, ... Read More
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Cider/Perry in Indonesia
... to a similar level of alcohol content to cider. Compared to shochu/soju, cider offers less variation and room to play when consumed. In addition, cider also faces competition with RTDs in term of pricing, with ... Read More
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Rtds in Japan
... biggest reason for the decline was a partial reversal of the increase in demand for home consumption which was seen after the outbreak of the pandemic. In March 2022, Japan ended the COVID-19 quasi-emergency in ... Read More
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Rtds in Thailand
... prior to the pandemic. Despite the maturity of the RTDs category, consumers have been increasingly consuming the product since the lockdown ended, thanks largely to RTDs’ potential for on-the-go consumption. Consumers have returned to their ... Read More
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Wine in Indonesia
... also generally more affordable than Old World alternatives and are, thus, capable of targeting a much wider range of consumers. During the COVID-19 crisis, wine players in the market took the opportunity to promote products ... Read More
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Wine in South Korea
... of the pandemic, and through on-trade in 2021. Some wine importers planned to change their business portfolios and reduce their wine offer, while increasing demand for other alcoholic drinks, such as whiskies, presented another challenge. ... Read More
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Beer in South Korea
... sluggish. Although popular brands such as Budweiser continued to carry out price promotions, the growth of imported lager has remained weak since the government changed the beer tax from ad valorem to specific tax. In ... Read More
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Wine in Singapore
... to completely normalise to the pre-pandemic level in 2022. Following the two-year break from large-scale events, the wine industry renewed its focus on reviving in-person fairs and exhibitions. This move was supported by the more ... Read More
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Cider/Perry in Vietnam
... ABV, its higher unit price compared to beer is a significant factor preventing stronger consumer take-up. Nevertheless, cider has attracted some attention due to the wide choice of offerings available, with women in particular enjoying ... Read More
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Wine in Hong Kong, China
... wanted to host large-scale events and banquets, such as weddings and celebratory dinners, thus leading the local consumer base to buy more products for these events. Catering businesses were also a beneficiary of this trend, ... Read More
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Alcoholic Drinks in Indonesia
... becoming more confident about dining out. The revival of inbound tourism has also supported the market’s performance since the reopening of the country’s international borders. Almost all alcoholic drinks categories experienced positive growth, and many ... Read More
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Alcoholic Drinks in Thailand
... restrictions that it imposed to limit the spread of the SARS-CoV-2 virus, such as the closure policy, social distancing, national lockdown, and an international flight ban. Consumers are increasingly spending time outside, which has served ... Read More
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Alcoholic Drinks in Japan
... it was also a year in which significant steps were taken to ease infection control measures. The number of cases remained high in 2022 due to the Omicron strain of the virus, which spread to ... Read More
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Asia-Pacific Beer Market Outlook, 2028
... histories and cultural backgrounds, the beer culture in APEC showcases a wide array of drinking practices, customs, and traditions. Across the region, beer is often associated with socializing, celebrations, and gatherings. It serves as a ... Read More
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Wine Market in India to 2027
... to 2022 and forecasts until 2027 which makes the report an invaluable resource for business leaders, decision-makers, consultants, analysts, and other people looking for key industry data in a readily accessible document with clearly presented ... Read More
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Spirits Market in Kyrgyzstan to 2027
... to 2022 and forecasts until 2027 which makes the report an invaluable resource for business leaders, decision-makers, consultants, analysts, and other people looking for key industry data in a readily accessible document with clearly presented ... Read More
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