Category: Food & Beverage
Asia Food & Beverage
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Hong Kong, China Beer
... of large public events and gatherings being hosted following the easing of restrictions earlier in the year. On-trade beer sales continued their post-pandemic recovery at a noticeable, albeit slower-than-expected, pace at the beginning of the ... Read More
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Georgia Spirits
... with distinct preferences observed between regions and urban areas. While home-made wine continued to be favoured in rural regions, consumers in cities displayed a preference for spirits. The active expansion of modern retail outlets played ... Read More
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Hong Kong, China Wine
... The city’s reopening was the catalyst for many local consumers who wanted to host large-scale events and banquets such as weddings and celebratory dinners, thus leading to a stocking up of wine. Catering businesses and ... Read More
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Hong Kong, China Cider/Perry
... sustained openings of on-trade outlets led to a marginal increase through this channel, as drinkers eagerly returned to bars and clubs to socialise. While local consumers enjoy other alcoholic drinks such as spirits and beer, ... Read More
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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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South Korea Sugar Confectionery
... see one of the strongest growth rates in sugar confectionery in South Korea in 2024, particularly benefiting from the increase in outdoor activities and the gradual recovery of dining out. Consumer spending patterns indicate a ... 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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Japan Veterinary Healthcare Market Size- By Product, By Animal Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
... Size- By Product, By Animal Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Japan Veterinary Healthcare Market is predicted to reach USD 4.55 billion by 2033 with a CAGR ... 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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South Korea Ice Cream
... patterns reflect a growing preference for premium and healthier ice cream options. Inflation has had a mixed impact; while rising costs of ingredients and production pressures exist, the strong consumer demand for premium products has ... 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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South Korea Chocolate Confectionery
... by broader market trends and changing consumer behaviours. One of the most significant trends impacting the category is the heightened emphasis on health and wellness. Younger consumers, particularly those aged 20-40, are increasingly focused on ... Read More
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South Korea Sweet Biscuits, Snack Bars and Fruit Snacks
... for all the main categories. In particular, remarkable growth is expected for cereal bars and protein/energy bars, particularly protein bars, which has experienced double-digit retail current value growth annually since 2019. This trend reflects the ... Read More
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Tractor Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)
... USD 10.28 billion by 2029, growing at a CAGR of 6.70% during the forecast period (2024-2029). Key Highlights The demand for agricultural machinery, including tractors, increased due to higher Kharif sowing, good cash flows to ... 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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South Korea Gum
... following the end of the pandemic, and growth is set to be maintained in 2024. However, the post-pandemic period has seen strong growth due to the effect of a lower base, with comparison with a ... 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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South Korea Snacks
... exerting significant pressure on manufacturers, leading to price increases, thus driving value growth. Despite expectations that these price hikes would reduce impulse purchases, volume sales are also anticipated to continue to grow, due to several ... Read More
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