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BeveragesTaiwan Alcoholic Beverages Market 2024
$325 Add to cartForecasts 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 (CAGR) 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
$325 Add to cartThe Sri Lanka alcoholic beverages market is set to increase from USD 1,710.7 million in 2023 to USD 2,745.0 million by 2029, reflecting a CAGR of 8.2% over the 2024 to 2029 timeframe. 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
$325 Add to cartThe South Korea alcoholic beverages market is anticipated to witness significant growth, with an expected uptick of USD 16.1 billion, equating to a compound annual growth rate (CAGR) 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
$325 Add to cartForecasts 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 (CAGR) 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
$325 Add to cartThe Philippines alcoholic beverages market is on track for a substantial increase of USD 10.8 billion, indicating a compound annual growth rate (CAGR) of roughly 9.9% during the forecast period from 2024 to 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
$325 Add to cartExpected to witness rapid expansion, the Pakistan alcoholic beverages market is likely to increase from USD 398.8 million in 2023 to USD 875.4 million by 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
$325 Add to cartThe 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 (CAGR) of approximately 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
$325 Add to cartProjections 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 (CAGR) 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
$325 Add to cartThe Laos alcoholic beverages market is set to increase from USD 1,767.0 million in 2023 to USD 2,422.6 million by 2029, reflecting a CAGR of 5.4% over the 2024 to 2029 timeframe. 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
$325 Add to cartThe Kazakhstan alcoholic beverages market is poised for steady growth, with an expected increase of USD 4.3 billion, reflecting a compound annual growth rate (CAGR) of approximately 9.8% from 2024 to 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
$325 Add to cartExpected growth in the Japan alcoholic beverages market is projected at USD 3.0 billion, reflecting a compound annual growth rate (CAGR) of approximately 0.6% during the upcoming 2024 to 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
$325 Add to cartThe 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 (CAGR) 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…
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