PROSPECTS AND OPPORTUNITIES
Costa Rican consumers show growing interest in wine origins
Wine consumption in Costa Rica is expected to grow steadily over the forecast period, driven by increasing consumer interest in quality and ethical considerations. Local drinkers are increasingly drawn to wines from socially responsible and sustainable producers, especially those committed to environmentally friendly practices.
Continued expansion of different wine varieties
Wirth consumers increasingly seeking new wine experiences, key retail players are responding by offering a broader range of international varieties. The on-trade channel is also expected to expand its wine selection, adapting to changing menus and customer preferences.
Growing health awareness could slow category growth
Globally, increasing health awareness is leading many consumers to moderate their alcohol intake. In Costa Rica, regular wine drinkers, in particular, may reduce the number of glasses they consume or the frequency of their drinking.
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Overview:
Understand the latest market trends and future growth opportunities for the Wine industry in Costa Rica with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Wine industry in Costa Rica, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty
The Wine in Costa Rica report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Wine in Costa Rica?
- Where is consumer demand for Wine focussed?
- Which is being consumed more; beer, wine or spirits?
- Where is demand growing? Stagnating?
- How is the operating environment for alcoholic drinks changing?
- Which are the leading brands in Costa Rica?
- How are products distributed in Costa Rica?
- What are the key trends in new product development?
- Do consumers want value for money or added value?
- How will macroeconomic context and shifting cultural values shape future growth?
- How will COVID-19 and recession impact the alcoholic drinks industry?
- Where is future growth expected to be most dynamic?
Wine in Costa Rica - Category analysis
KEY DATA FINDINGS
Wine culture evolves in Costa Rica amid growing interest in new varieties
Chilean wines dominate imports as consumers embrace variety
Wine sales thrive in supermarkets as consumers embrace variety
Costa Rican consumers show growing interest in wine origins
Continued expansion of different wine varieties
Growing health awareness could slow category growth
Alcoholic Drinks in Costa Rica - Industry Overview
Alcoholic drinks in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
On-trade vs off-trade split
What next for alcoholic drinks?
Legislation
Legal purchasing age and legal drinking age
Drink driving
Advertising
Smoking ban
Opening hours
On-trade establishments
TAXATION AND DUTY LEVIES
Contraband/parallel trade
Duty free
Cross-border/private imports
Outlook
DISCLAIMER
The following categories and subcategories are included:
Wine
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- Port
- Sherry
- Vermouth
- Other Fortified Wine
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- Apple Wine
- Bokbunjaju
- Cheongju
- Chinese Wine
- Economy Rice Wine
- Fortified Fruit Wine
- Fruit and Berry Wine
- Fruit and Herbal Wine
- Fruit and Honey based Wine
- Fruit Wine
- Lower Mid-Range Rice Wine
- Non-Grape Dessert Wine
- Premium Rice Wine
- Sake
- Takju
- Upper Mid-Range Rice Wine
- Yakju
- Yellow Wine
- Other Non-Grape Wine
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- Champagne
- Other Sparkling Wine
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- Still Red Wine
- Still Rosé Wine
- Still White Wine
- Non Alcoholic Wine
Wine
This is the aggregation of still and sparkling light grape wines, fortified wine and vermouth and non-grape wine. In terms of alcohol content, light wine usually falls into the 8-14% ABV bracket while fortified wine ranges from 14-23% ABV. Low and non-alcoholic wine is also included in the data (attributed to each sector as appropriate).
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders.
- Track key industry trends, opportunities and threats.
- Inform your marketing, brand, strategy and market development, sales and supply functions.
This report originates from Passport, our Wine research and analysis database.
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