Category: Beverages
South America Beverages
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Peru Rtds
... as the wide variety of brands and flavours helped to draw attention, in addition to the use of promotions as retailers looked to push these products. The impact was such that the category was able ... Read More
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Chile Beer
... factors, chiefly revolving around robust price increases and a paucity of liquidity within the national economy. As the Chilean economy grappled with challenges such as inflationary pressures and economic uncertainty, many consumers found themselves constrained ... Read More
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Chile Rtds
... a pivotal role in curbing demand for these products. Inflation, by eroding the purchasing power of consumers, had a direct impact on their discretionary spending. As prices for essential goods and services rose, some consumers ... Read More
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Chile Cider/Perry
... the cultivation of apples, and the category is intricately intertwined with the delicate balance of climatic conditions. Chile, like many other regions, has been grappling with the adverse effects of climate change, witnessing shifts in ... Read More
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Chile Wine
... dual challenges of an unstable economic scenario and upward price trajectory. Traditionally renowned for producing high-quality wines, Chile faced the impact of global economic fluctuations and internal economic challenges. In times of instability, consumers tend ... Read More
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Chile Spirits
... Chilean culture, has demonstrated remarkable resilience amidst the inflationary challenges facing Chile, and still accounted for 45% of total volume sales in 2023. This can be attributed to a confluence of factors rooted in the ... Read More
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Chile Alcoholic Drinks
... these trends, it is essential to consider how economic constraints, such as inflation and liquidity issues, influenced consumer behaviour, and how these shifts affected different categories within the alcoholic drinks industry, including beer, wine, mocktails, ... Read More
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Bolivia Rtds
... in the category. For example, Four Loko – distributed by DICOM Distribuidores del Oriente SRL – expanded its range with the addition of Summer and Rosé flavour variants, which are targeted at men and women, ... Read More
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Bolivia Alcoholic Drinks
... had rebounded strongly in the previous two years in tandem with the easing of the pandemic and the ending of associated restrictions. With inflationary pressures continuing to drive up the general cost of living and ... Read More
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Bolivia Cider/Perry
... was mainly attributable to contraband trade, particularly the widespread sale of cheaper products illicitly brought in from neighbouring Argentina. Indeed, because it primarily appeals to lower- and middle-income consumers, who were harder hit by cost-of-living ... Read More
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Bolivia Wine
... was the case earlier in the review period, the contraction was primarily attributable to contraband trade, particularly in lower-priced still light grape wines. Argentina remained the main source of this trade, with organised gangs illicitly ... Read More
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Bolivia Spirits
... lion’s share of consumption and where the category registered a negative result in volume terms for the third year in a row. Similarly, although on-trade volume sales grew, they remained below pre-pandemic levels primarily due ... Read More
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Bolivia Beer
... of the pandemic and the lifting of associated restrictions. However, the downturn also reflected heightened budget-consciousness among consumers amidst rising prices and mounting economic uncertainty. Conversely, the latter factors supported an improved performance by the... ... Read More
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Paraguay Alcoholic Drinks
... of pent-up demand as well as the return of tourism. Consumers craved sophistication, which pushed demand towards higher-priced options such as craft beer, fine wine and premium spirits. However, sales were impacted by inflation and ... Read More
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Colombia Cider/Perry
... aware of this product, because of its limited availability at retail channels along with the lack of promotion. Cider is typically purchased for celebratory occasions in 750ml bottles but faces competition from other drinks. For ... Read More
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Argentina Rtds
... of consumers, particularly within the middle and low-income brackets. Consequently, RTDs experienced a notable decline in total volume sales, juxtaposed with a compensatory increase in retail sales value, which closely paralleled the trajectory of inflation. ... Read More
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Colombia Rtds
... due to the lower alcohol content and sweeter flavours, but also the visual impact of packaging and the colours of the drink itself. Likewise, with the reduction in visits to restaurants, bars, etc., home entertainment ... Read More
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Colombia Alcoholic Drinks
... the end of the pandemic, high inflation impacted household budgets and Colombians curbed visits to restaurants and bars. When locals went out, consumption of alcoholic drinks was also reduced. Thus, on-trade volume sales fell into ... Read More
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Colombia Wine
... high inflation rates and low economic growth have negatively impacted purchasing power. Faced with this scenario, consumer preferences shifted, leading to lower wine consumption, particularly in categories like fruit wine where many consumers abandoned the ... Read More
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Plant-Based Dairy Packaging in Colombia
... to health and sustainability, supportive regulations, collaborative innovation, an informed consumer base seeking eco-friendly options and the strategic use of sustainable packaging as a branding and marketing tool. This alignment of consumer values, regulatory pressure... ... Read More
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Argentina Spirits
... majority of spirits sales and reached the highest historical consumption in 2023. Conversely, cognac consumption reinvigorated for a second consecutive year, driven by a significant increase in the number of foreign tourists visiting Argentina. Additionally, ... Read More
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Argentina Cider/Perry
... investments were observed from major players like Cía Cervecerías Unidas SA, which expanded its portfolio with brands such as La Victoria, Real, 1888, and Pehuenia. Bodegas Cuvillier, competing with Del Valle, 1930, and Pyrus, notably ... Read More
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Argentina Wine
... a frost in November 2022, further disrupting the supply chain and causing prices to escalate well beyond the average inflationary trajectory. The increased costs of essential wine inputs, such as corks, stoppers, and paper, were ... Read More
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Argentina Beer
... both companies and individuals. For companies, the rising costs necessitated an increase in product prices to maintain profitability amidst higher production and service expenses. Consequently, many companies had to raise beer prices, making them less ... Read More
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Colombia Beer
... a notable slowdown in volume growth. Furthermore, growth was driven by off-trade sales in retail channels, while beer consumption declined in the on-trade. The contraction in on-trade sales can be explained by the reduction in ... Read More