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Alcoholic Drinks - Kyrgyzstan

Kyrgyzstan
  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Alcoholic Drinks market amounts to US$348.4m in 2024.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$37.1m in 2024.
  • Revenue, combined amounts to US$385.5m in 2024.
  • The revenue, at home is expected to grow annually by 3.40% (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$50.94 are generated in 2024.
  • In the Alcoholic Drinks market, volume, at home is expected to amount to 82.3m L by 2024.
  • Volume, out-of-home is expected to amount to 5.6m L in 2024.
  • Volume, combined is expected to amount to 87.8m L in 2024.
  • The Alcoholic Drinks market is expected to show a volume growth, at home of -1.9% in 2025.0.
  • The average volume per person, at home in the Alcoholic Drinks market is expected to amount to 12.03L 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 Kyrgyzstan has been experiencing significant growth in recent years.

    Customer preferences:
    Kyrgyzstan has a strong drinking culture, with alcoholic beverages being an integral part of social gatherings and celebrations. The majority of consumers in Kyrgyzstan prefer locally produced alcoholic drinks, such as vodka and beer. This preference for local products can be attributed to the country's rich history of alcohol production and the pride that Kyrgyz people take in their traditional beverages. Additionally, consumers in Kyrgyzstan tend to favor products that offer good value for money, as the country's economy is still developing and disposable incomes are relatively low.

    Trends in the market:
    One of the key trends in the Alcoholic Drinks market in Kyrgyzstan is the increasing popularity of craft beer. Craft beer has gained a strong following among younger consumers who are looking for unique and high-quality products. This trend can be seen as a reflection of global consumer preferences, as craft beer has been growing in popularity worldwide. In addition, there has been a growing demand for flavored alcoholic beverages, such as fruit-infused spirits and ready-to-drink cocktails. These products appeal to consumers who are looking for new and exciting flavors.

    Local special circumstances:
    Kyrgyzstan has a unique geographical location, with a diverse landscape that includes mountains, lakes, and valleys. This has led to the production of traditional alcoholic beverages that are made from locally sourced ingredients. For example, the country is known for its honey production, and honey-based alcoholic drinks are highly regarded in Kyrgyzstan. The local special circumstances, such as the availability of natural resources and traditional production methods, contribute to the unique offerings in the market.

    Underlying macroeconomic factors:
    The growth of the Alcoholic Drinks market in Kyrgyzstan can be attributed to several underlying macroeconomic factors. Firstly, the country has seen an increase in tourism in recent years, which has led to a higher demand for alcoholic beverages. Tourists are often interested in trying local products and experiencing the culture of the country they are visiting. Secondly, the Kyrgyz economy has been growing steadily, which has resulted in an increase in disposable incomes. This has allowed consumers to spend more on discretionary items, including alcoholic drinks. Finally, the government of Kyrgyzstan has implemented policies to support the development of the alcohol industry, such as reducing taxes and regulations on alcohol production. These policies have created a favorable business environment for producers and have contributed to the growth of the market.

    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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    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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