GLOBAL: China still driving Asia-Pacific spirits growth - figures
Spirits consumption is growing in Asia-Pacific
Nearly 40% of global spirits consumption is now in China, with the Asia-Pacific region continuing to shore up a struggling Europe, latest figures show.
Consumption in the Asia-Pacific region grew by 2.7% last year to 1.92bn nine-litre cases, according to IWSR data, released yesterday (11 June). This helped push up total global spirits consumption by 1.6% to 3.07bn cases.
In Europe, meanwhile, drinkers consumed 6.5m less cases, IWSR said.
Globally, baijiu saw the biggest growth, rising by 23.9m cases to 1.16bn cases, with the majority of growth coming from China.
The second largest growth category was brandy, excluding Cognac and Armagnac, increasing by 12.5m cases. Brandy's main growth was in India and the Philippines.
Shochu/soju, the top spirits in South Korea and Japan, grew 5.7m cases. Whisk(e)y – not from Scotland, the US, Canada or Ireland – grew by 5m cases thanks to continued growth of Indian Made Foreign Liquor (IMFL) whisky in India.
An IWSR report last month marked rum out for future growth because of its versatility.
- A tobacco analogy soft drinks will want to embrace
- Pernod's Portman Group penalty - a coincidence?
- just The Preview - SABMiller's Q1
- just Five Years Ago: A-B InBev sells Oriental
- Cleaning China's seedier side brings Remy balance
- Diageo faces public consultation over W&M sale
- William Grant silent on Drambuie bid talk
- Diageo's Captain Morgan Facebook ad banned
- Bacardi to fight US football team legal action
- Remy posts Q1 sales drop as Edrington loss bites