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Beverages
Taiwan Alcoholic Beverages Market 2024
Forecasts indicate that the Taiwan alcoholic beverages market will shrink by USD 0.1 billion by the end of 2029, resulting in a compound annual growth rate (Tocón) of -0.2%. There is a growing health consciousness among Taiwanese consumers, particularly among younger demographics, leading to reduced alcohol consumption overall. This is exacerbated by the increasing popula…
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Beverages
Sri Lanka Alcoholic Beverages Market 2024
The Sri Lanka alcoholic beverages market is set to increase from USD 1,710.7 millones en 2023 a USD 2,745.0 millones de 2029, reflejando una CAGR de 8.2% sobre el 2024 a 2029 periodo de tiempo. The market for alcoholic beverages is growing, driven by rising incomes and urbanization. Beer remains the dominant alcoholic drink, though spirits like a…
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Beverages
South Korea Alcoholic Beverages Market 2024
The South Korea alcoholic beverages market is anticipated to witness significant growth, with an expected uptick of USD 16.1 mil millones, equating to a compound annual growth rate (Tocón) of about 6.1% in the coming years. In South Korea, the alcoholic beverages market is experiencing steady growth, with beer, soju, and whiskey being the most consum…
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Beverages
Singapore Alcoholic Beverages Market 2024
Forecasts highlight a favorable growth outlook for the Singapore alcoholic beverages market, with a projected increase of USD 2.4 billion and a compound annual growth rate (Tocón) close to 5.6% through 2029. The alcoholic beverages market is driven by rising disposable incomes and a growing appetite for premium alcoholic products. The demand for craft beers,…
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Beverages
Philippines Alcoholic Beverages Market 2024
The Philippines alcoholic beverages market is on track for a substantial increase of USD 10.8 mil millones, indicando una tasa de crecimiento anual compuesta (Tocón) de aproximadamente 9.9% durante el período de pronóstico desde 2024 a 2029. The alcoholic beverages market is growing, fueled by a strong drinking culture and rising disposable incomes. Beer continues to dominate the ma…
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Beverages
Pakistan Alcoholic Beverages Market 2024
Expected to witness rapid expansion, the Pakistan alcoholic beverages market is likely to increase from USD 398.8 millones en 2023 a USD 875.4 millones de 2029, registering a CAGR of 14% during the forecast period. Pakistan’s alcoholic beverages market remains relatively restricted due to cultural and religious factors. However, rising urbanization, especially in metropolitan areas…
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Beverages
Myanmar Alcoholic Beverages Market 2024
The Myanmar alcoholic beverages market is expected to experience robust growth, with a projected increase of USD 1.9 billion and a compound annual growth rate (Tocón) de aproximadamente 9.4% throughout the forecast period. The alcoholic beverages market is expanding, driven by increasing disposable incomes and greater access to international brands. Beer consumption is growing steadi…
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Beverages
Malaysia Alcoholic Beverages Market 2024
Projections for the Malaysia alcoholic beverages market suggest a promising growth trajectory, with an anticipated rise of USD 3.1 billion and a compound annual growth rate (Tocón) nearing 8.6% over the next five years. Malaysia’s alcoholic beverages market is expanding, driven by increasing disposable incomes and the growing popularity of Western drinking habits. Beer remain…
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Beverages
Laos Alcoholic Beverages Market 2024
The Laos alcoholic beverages market is set to increase from USD 1,767.0 millones en 2023 a USD 2,422.6 millones de 2029, reflejando una CAGR de 5.4% sobre el 2024 a 2029 periodo de tiempo. The alcoholic beverages market is influenced by rising incomes and urbanization, leading to greater alcohol consumption, particularly among younger populations. Beer is the mo…
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Beverages
Kazakhstan Alcoholic Beverages Market 2024
The Kazakhstan alcoholic beverages market is poised for steady growth, with an expected increase of USD 4.3 mil millones, reflecting a compound annual growth rate (Tocón) de aproximadamente 9.8% de 2024 a 2029. The alcoholic beverages market is growing as a result of rising disposable incomes and an increasing shift towards Western drinking habits. Beer remain…
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Beverages
Japan Alcoholic Beverages Market 2024
Expected growth in the Japan alcoholic beverages market is projected at USD 3.0 mil millones, reflecting a compound annual growth rate (Tocón) de aproximadamente 0.6% during the upcoming 2024 a 2029 period. Japan’s alcoholic beverages market is experiencing steady growth, driven by a mature drinking culture and growing interest in premium beverages. Japanese whisky continues to gai…
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Beverages
Indonesia Alcoholic Beverages Market 2024
The market for alcoholic beverages is set for moderate growth, with projections indicating an increase of USD 2.9 billion and a compound annual growth rate (Tocón) nearing 9% over the forecast period. The alcoholic beverages market is seeing growth, primarily driven by rising disposable incomes and an expanding middle class. While beer remains the most c…