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Alcoholic Drinks - Haiti

Haiti
  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Alcoholic Drinks market amounts to US$1.6bn in 2024.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$520.0m in 2024.
  • Revenue, combined amounts to US$2.2bn in 2024.
  • The revenue, at home is expected to grow annually by 9.19% (CAGR 2024-2029).
  • In global comparison, most revenue, at home is generated China (US$208bn in 2024).
  • In relation to total population figures, the average revenue per capita, at home of US$138.50 are generated in 2024.
  • In the Alcoholic Drinks market, volume, at home is expected to amount to 112.0m L by 2024.
  • Volume, out-of-home is expected to amount to 16.6m L in 2024.
  • Volume, combined is expected to amount to 128.6m L in 2024.
  • The Alcoholic Drinks market is expected to show a volume growth, at home of -1.2% in 2025.0.
  • The average volume per person, at home in the Alcoholic Drinks market is expected to amount to 9.44L in 2024.

Definition:

The Alcoholic Drinks market includes all alcoholic beverages that are produced by fermentation or distillation.

Structure:

The Alcoholic Drinks market is divided into 5 markets:

  • The Beer market encompasses fermented beverages based on malt. The Beer market is further divided into the markets Alcoholic Beer and Non-Alcoholic Beer.
  • The Spirits market encompasses alcoholic beverages that are produced through the distillation of wine, fermented fruits, or grains. It contains the Whisky, Vodka, Rum, Gin, Brandy, Soju, Tequila, and Liqueurs & Other Spirits markets.
  • The Wine market encompasses all fermented juices made from grapes. The Wine market is further divided into Still Wine (Red Wine, White Wine, and Rosé Wine), Sparkling Wine, and Fortified Wine.
  • The Cider, Perry & Rice Wine market encompass all wines made from fruits other than grapes, grains, or other plants.
  • The Hard Seltzer market encompasses alcoholic beverages made with carbonated water, alcohol, and often fruit flavoring.

Additional information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.

At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.

Key players include Anheuser-Busch InBev (e.g., Corona, Bud Light, and Michelob), Diageo (e.g., Johnnie Walker, Guinness, and Tanqueray), Heineken, and Molson Coors.

In-Scope

  • Alcoholic & Non-Alcoholic Beer
  • Wine
  • Spirits
  • Cider, Perry and Rice Wines
  • Hard Seltzer

Out-Of-Scope

  • Non-Alcoholic Beverages derived from Wine or Spirits
Alcoholic Drinks: market data & analysis - Cover

Market Insights Report

Alcoholic Drinks: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Price

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Alcoholic Drinks market in Haiti has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Haiti have shifted towards premium and craft alcoholic beverages. Consumers are increasingly seeking out high-quality products that offer unique flavors and experiences. This trend is evident in the growing popularity of artisanal beers, small-batch spirits, and premium wines. Haitian consumers are willing to pay a premium for these products, as they value the craftsmanship and attention to detail that goes into their production. Trends in the market also contribute to the growth of the Alcoholic Drinks industry in Haiti. One notable trend is the rising demand for locally produced alcoholic beverages. Haitian consumers are increasingly supporting local businesses and seeking out products that are made in Haiti. This trend is driven by a desire to promote local industries, stimulate the economy, and preserve cultural traditions. As a result, there has been a surge in the number of local breweries, distilleries, and wineries in Haiti. Another trend in the Alcoholic Drinks market in Haiti is the increasing popularity of flavored alcoholic beverages. Haitian consumers are drawn to products that offer unique and innovative flavors, such as fruit-infused beers, flavored spirits, and botanical-infused wines. This trend reflects a growing interest in experimentation and the desire for new taste experiences. Local special circumstances also play a role in the development of the Alcoholic Drinks market in Haiti. The country has a rich tradition of rum production, and Haitian rum is renowned for its quality and distinct flavor profile. The local rum industry has been a key driver of growth in the Alcoholic Drinks market, attracting both domestic and international consumers. Underlying macroeconomic factors further contribute to the growth of the Alcoholic Drinks market in Haiti. The country has experienced steady economic growth in recent years, leading to an increase in disposable income and consumer spending. As a result, Haitian consumers have more purchasing power and are able to afford premium alcoholic beverages. Additionally, the tourism industry in Haiti has been expanding, attracting a growing number of international visitors who are interested in exploring the local culture and trying traditional alcoholic drinks. In conclusion, the Alcoholic Drinks market in Haiti is developing due to changing customer preferences towards premium and craft beverages, emerging trends in the market such as the demand for locally produced and flavored drinks, local special circumstances such as the tradition of rum production, and underlying macroeconomic factors including economic growth and the expansion of the tourism industry.

    Methodology

    Data coverage:
    The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

    Modeling approach:
    Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on alcoholic beverages, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

    Forecasts:
    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

    Additional notes:
    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

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    Alcoholic Drinks: market data & analysis - BackgroundAlcoholic Drinks: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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