Category: Alcoholic Beverages
Europe Alcoholic Beverages
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Bosnia and Herzegovina Cider/Perry
... significant impacts on the category's performance. Following a decline in 2022, cider/perry saw a rebound in consumer demand as new brand extensions attracted more consumers to try products in this category. This influx of new ... Read More
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The Czech Republic Cider/Perry
... key brands in 2022 continued to negatively impact volume sales. Somersby, Carling and Kingswood each ended their distribution of cider/perry in the Czech Republic during 2022, which had a heavy impact on sales of cider/perry. ... Read More
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Switzerland Alcoholic Drinks
... strongly at the end of the review period. This was due to several factors impacting consumption behaviour and overall sales. For example, amid still relatively high inflation, the rise in demand in the on-trade channel ... Read More
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Italy Cider/Perry
... year of the review period. The small size of the category, which is still rather underdeveloped and with a relatively scarce presence in retail, meant that it was growing from a low base. In addition, ... Read More
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Denmark Cider/Perry
... 2023 influenced some cider drinks to opt for alternative beverages. Despite the overall decline, low-calorie cider offerings, exemplified by Somersby Apple Lite, resonated well with health-conscious Danes, offering reduced calorie content without compromising ta... Euromonitor ... Read More
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Denmark Spirits
... non-alcoholic spirits and vodka saw the greatest gains. Prestige, super-premium, and ultra-premium spirits declined in 2023 as Danes opted for reliable, well-trusted standard brands and, to some extent, economy options. Despite economic uncertainty, Danes remai... ... Read More
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Finland Spirits
... a more mindful and moderate approach to alcohol consumption. This resonated especially with young adults, many of whom are drinking less than previous generations, whether on a night out or at home. Other contributing factors ... Read More
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Cider/Perry
... a focus on higher-quality and premium options, value growth (current and real) continued to outpace volume growth in both the on- and off-trade channels at the end of the review period. There remained a strong ... Read More
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Bosnia and Herzegovina Alcoholic Drinks
... affecting the country contributed to the reduction of the potential consumer base, thus limiting growth potential across all alcoholic drinks categories. Consequently, in 2023, alcoholic drinks witnessed a moderate total volume decline, which managed to ... Read More
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Hungary Spirits
... continued to drive the market for premium products at the end of the review period. This trend was bolstered by the resurgence of tourism and the revival of trade shows/tasting events, social and corporate entertainment ... Read More
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The Czech Republic Spirits
... due to prevailing high inflation, with the price of goods rising faster than wages. Overall, Czech consumers found themselves in a worse position compared to the previous year. Moreover, spirits continued to increase in price ... Read More
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Hungary Alcoholic Drinks
... they used to be. This was paralleled by the large pent-up demand for tourism/travel and leisure activities, which also directly impacted the market for alcoholic beverages. Euromonitor International's Alcoholic Drinks in Hungary report offers a ... Read More
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Poland Alcoholic Drinks
... was the result of a significant increase in the prices of alcoholic drinks resulting from both an increase in production and distribution costs, as well as another increase in excise duty. Production costs, raw materials, ... Read More
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Italy Spirits
... year. Indeed, consumers became more and more conservative in their spending. However, many consumers chose to drink less rather than trade down within spirits by moving from the premium or super premium categories down towards ... Read More
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Denmark Alcoholic Drinks
... while non-grape wine, brandy, cognac, and cider witnessed decline. In the spirits area, premium spirits faced challenges due to economic uncertainties, whereas well-established standard brands saw heightened demand. Despite lower unit prices per litre in ... Read More
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The Czech Republic Alcoholic Drinks
... High inflation and the rising cost of living hindered consumer purchasing power, with many choosing to avoid drinking in the on-trade or drinking less on visits. The on-trade channel was hardest hit in volume terms ... Read More
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Poland Spirits
... Although these price rises translated into strong growth in current value terms in 2023 it put a dent in sales of spirits in total volume terms. At a time of soaring inflation consumers limited purchases ... Read More
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Hungary Cider/Perry
... growing, in contrast to alcoholic flavoured/mixed lagers, which witnessed continued decline in total volume sales in the final year of the review period. The fact that cider comes in glass bottles, offering a more premium ... Read More
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Switzerland Spirits
... strong increase in 2023, following only a slight increment in 2022. Despite consumers’ general and growing inclination to reduce their alcohol consumption, spirits benefitted from alcoholic drinks being consumed more as an indulgence or a ... Read More
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Bulgaria Cider/Perry
... and long drinks, especially among younger and health-conscious consumers. The category increased even faster growth in current value terms, due to the prevailing high level of inflation and cumulative price rises, particularly in the first ... Read More
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Belgium Cider/Perry
... players and retailers were the main reasons for the downward trajectory in consumption towards the end of the review period. However, a silver lining has emerged as consumers turn to cider as a cheaper alternative ... Read More
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Finland Cider/Perry
... The beverage has traditionally been promoted as a lighter alternative to wine and a suitable accompaniment to meals, especially fish, seafood and spicy dishes. While large breweries continued to dominate the market, an increasing number ... Read More
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Belgium Spirits
... of still relatively high inflation and strong pressure on consumer disposable incomes. Despite these economic challenges, spirits demonstrated some resilience, finding strength in the twin pillars of premiumisation and the awakening cocktail culture. It is ... Read More
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Bosnia and Herzegovina Spirits
... spirits categories. While whisky categories enjoyed robust consumer demand, the demand for rakija stagnated, and other distilled beverages saw a decline as the population shrank and the consumer base contracted. Despite these challenges, all spirits ... Read More
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Bulgaria Alcoholic Drinks
... this had little impact on retail prices, which continued to rise in some cases. Most producers found it necessary to increase prices as they had tried not to in 2022, so as to remain relevant ... Read More
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