Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
Despite the post-(COVID-19) rebound in retail volume sales of sugar confectionery in the Philippines, between 2022 and 2024, the market size is set to remain below the 2019 pre-pandemic level at the end of the review period. One factor hampering the…
In 2023, spirits continued to witness double-digit volume sales growth in Indonesia. The pace of development slowed markedly after two consecutive years of dynamic volume growth. Locals have become more comfortable with dining out and drinking…
Vodka continues to dominate spirits in Azerbaijan, accounting for over 88% of total volume sales in 2023, thus shaping the overall development of the spirits category. With vodka sales in decline, volume sales of spirits were pushed further into…
Overall, snacks in the Philippines is projected to continue to register healthy retail volume and current value growth over 2024. In retail volume terms, established categories ice cream and savoury snacks and newer ones snack bars and fruit snacks…
While inflationary pressures remain, retail volume sales of savoury snacks in the Philippines are projected to continue to rise strongly over 2024. Consumers in the Philippines have increased their impulse and planned snacking in line with greater…
In 2023, RTDs witnessed much lower volume growth in Indonesia. This modest growth reflects the normalisation of consumer demand following the sharp increase in 2022. Increasing competition from similar-tasting beverages like shochu/soju, cider, and…
RTDs continue to occupy a niche position within alcoholic drinks in Azerbaijan, with a particular focus on attracting young consumers. Historically perceived as an economical drink, RTDs were revitalised in 2022-2023 with the introduction of the new…
Ice cream in the Philippines is expected to continue to post healthy retail volume growth in 2024, supported by extremely hot temperatures in summer. However, the expansion of retail volume sales of ice cream in 2024 is also supported by increased…
Gum in the Philippines has found it difficult to maintain retail volume and value sales through the review period. The discretionary character of gum makes it is easy for consumers to sacrifice these products, especially if they are working within…
In 2023, cider in Indonesia experienced similar volume growth to the previous year. Off-trade volumes, encompassing supermarket and retail sales, continues to exceed on-trade volume by some margin, which includes sales in bars and restaurants. This…
Cider/perry has traditionally occupied a small niche in Azerbaijan due to the low per capita consumption of this alcoholic beverage. Demand is almost exclusively concentrated in off-trade channels, with very few on-trade establishments offering this…
Retail volume sales of chocolate confectionery in the Philippines increased modestly in 2020 and 2021. Nonetheless, demand benefited from robust at-home consumption during the (COVID-19) pandemic. However, the category saw stronger growth in 2022;…
Indonesia’s beer category witnessed a much slower pace of volume growth in 2023, following two consecutive years of strong double-digit growth. This positive trend aligns with the increasing consumer acceptance of alcohol and greater market tolerance…
Beer in Azerbaijan experienced positive retail volume growth in 2023, despite the significant increases in unit prices of beer. This growth can be attributed to several factors, including the recovery of tourism, overall stabilisation of demand…
In 2023, alcoholic drinks in Indonesia witnessed modest volume growth compared to recent years as the post-pandemic recovery eased and social activities resumed normality. The Indonesian economy has been experiencing steady growth in recent years,…
In 2023, the resurgence of tourism combined with consumers’ adjustment to economic conditions positively influenced volume sales of alcoholic drinks in Azerbaijan. Modern beverages targeting young adults, such as non-alcoholic beer, flavoured beer,…
After seeing declines during the first year of the pandemic in 2020, cigarettes experienced volume and current value growth in India in 2021 and 2022, which continued for a third year in 2023. This was due to increased office occupancy, moderate…
Total sweet spreads packaging volumes in Thailand saw dynamic growth in 2023. Jams and preserves remained the category with the highest packaging volumes in this year, and despite this, also saw the strongest increase in unit volumes. Glass jars…
Demand for honey is being supported by the rising health awareness trend in the country, which was bolstered by the pandemic. Many Indonesian consumers have developed the habit of consuming honey on a daily basis in the hope of strengthening the…
Since 2012, gutkha, a popular smokeless tobacco product, has been banned across India. The Food Safety and Standards Authority of India (FSSAI) banned the manufacture, sale, and distribution of gutkha, categorising it as a food product. Some states…