Category: Beverages
Beverages market research reports by Euromonitor International
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Hot Drinks in Portugal
Hot Drinks in Portugal In 2024, low purchasing power in Portugal impacted the hot drinks landscape, leading to declining retail volume sales. This was particularly evident in coffee, where demand exceeded the available supply, leading to significant price hikes. Price sensitivity led consumers to re ... Read More
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Hot Drinks in Peru
Hot Drinks in Peru Hot drinks in Peru is showing signs of recovery in 2024, rebounding from a challenging 2023. Last year, consumption was notably affected by exceptionally high temperatures linked to the global El Niño phenomenon, which lessened the perceived need for hot drinks. In addition, econo ... Read More
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Hot Drinks in Turkey
Hot Drinks in Turkey Hot drinks in Turkey reported moderate retail volume growth in 2024 on a par with recent years. Even though hot drinks is a saturated category, population growth is expanding consumption in the country. The most popular hot beverages are black tea, Turkish coffee, instant coffee ... Read More
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Other Hot Drinks in Turkey
Other Hot Drinks in Turkey In 2024, other hot drinks is expected to show positive volume growth, driven primarily by the growth of other plant-based hot drinks. This segment largely includes sahlep, a traditional hot drink in Turkey made from orchid extracts and served with hot milk. Despite its mat ... Read More
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Other Hot Drinks in Peru
Other Hot Drinks in Peru Following a difficult 2023, when consumption declined due to a marked rise in average temperatures across the country caused by the coastal and global El Niño phenomena, 2024 is showing signs of gradual recovery in other hot drinks in Peru. This improvement is primarily due ... Read More
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Concentrates in Finland
Concentrates in Finland As juice concentrate products face maturity, many brands are shifting focus towards zero-sugar options to create a healthier image. In Finland, where consumers are increasingly mindful of sugar intake, this move aligns with the growing trend of health-conscious eating and dri ... Read More
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Juice in Finland
Juice in Finland Retail volume sales in juice declined in 2024, with demand suffering from the impact of the soft drink tax that was implemented at the beginning of 2020. In particular, the dominant product area of reconstituted 100% juice is losing out due to its unhealthy image, with many consumer ... Read More
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Carbonates in Bulgaria
Carbonates in Bulgaria The demand for carbonates in Bulgaria was impacted adversely by increased unit prices in the second half of the review period. In 2024, the average retail current unit price of carbonates rose above the rate of inflation, which was lower than in 2022 and 2023, but remained sig ... Read More
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Tea in Hungary
Tea in Hungary In the highly challenging years of 2022-2023, the consumption of tea in Hungary suffered heavily from price increases, amid higher costs of packaging materials and logistics and high inflation. In 2024, as the rate of inflation and price rises eased, off-trade and total volume sales o ... Read More
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RTD Coffee in Saudi Arabia
RTD Coffee in Saudi Arabia Saudi Arabia is set to witness dynamic growth in RTD coffee in off-trade volume terms in 2024, albeit from a relatively low base. This growth is largely driven by the country’s deep-rooted cultural affinity for coffee, which remains an integral part of daily life and socia ... Read More
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RTD Tea in the Philippines
RTD Tea in the Philippines Building on the momentum of the past two years, RTD tea sales in the Philippines are poised for healthy growth in off-trade channels in 2024. In addition to the easing of unit price hikes, the return to normal, fast-paced lifestyles has driven an increase in impulse purcha ... Read More
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Energy Drinks in Saudi Arabia
Energy Drinks in Saudi Arabia Sales of energy drinks in Saudi Arabia are set to experience positive growth in off-trade volume terms in 2024, reversing a steady decline observed between 2019 and 2023. The energy drink market in Saudi Arabia has long been driven by Generation Z, particularly teenager ... Read More
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RTD Coffee in Bulgaria
RTD Coffee in Bulgaria Despite a very low sales base and strong initial development, RTD coffee in Bulgaria witnessed good, but slower off-trade volume and current value growth in 2024. Moreover, the category remained negligible in on-trade terms at the end of the review period. Financial concerns p ... Read More
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Sports Drinks in Finland
Sports Drinks in Finland Sports drinks in Finland continued to capture consumer interest in 2024, and the landscape has significant potential for growth. As more Finns embrace active lifestyles, there is a growing demand for beverages that help support wellbeing and hydration during and after exerci ... Read More
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RTD Tea in Saudi Arabia
RTD Tea in Saudi Arabia Despite being a niche in Saudi Arabia, RTD tea is experiencing strong growth across both off- and on-trade channels. The Kingdom's extreme heat, particularly during the summer months, drives consumer demand for cold and hydrating beverages, making RTD tea a popular choice for ... Read More
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Coffee in Hungary
Coffee in Hungary Coffee in Hungary saw consumption fall heavily in total volume terms in 2022 and 2023, amid strong price increases. Over 2024, total volume sales decreased at a much slower rate and by the end of the year there were signs of recovery in coffee consumption. While on-trade volume sal ... Read More
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Energy Drinks in Italy
Energy Drinks in Italy Energy drinks remained the most dynamic category in soft drinks in 2024, continuing on from the strong performances seen in the previous three years of the review period. Indeed, the energy boosting claim remained very relevant in Italy with it featuring not only in soft drink ... Read More
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Coffee in Peru
Coffee in Peru In 2024, coffee in Peru is experiencing a notable recovery, largely attributed to colder weather conditions, which have spurred a renewed demand for hot beverages. This rebound is further supported by improved economic conditions, which have enabled many consumers to regain some purch ... Read More
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Concentrates in Italy
Concentrates in Italy In the context of high prices and pressure on purchasing power, the trend towards consumption at home proved important for concentrates in 2024. Indeed, despite significant maturity, concentrates managed to achieve positive, albeit moderate, growth in off-trade RTD volume terms ... Read More
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Concentrates in Bulgaria
Concentrates in Bulgaria Concentrates in Bulgaria remained under pressure from other non-alcoholic drinks types, such as flavoured bottled water, juice, RTD tea and carbonates in 2024. Consumers typically perceive the products in the category as packed with sweeteners and sugar and not very healthy. ... Read More
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Sports Drinks in Saudi Arabia
Sports Drinks in Saudi Arabia Sports drink sales in Saudi Arabia continue to face challenges despite the government’s efforts to promote healthier lifestyles through its Quality of Life programme, part of Vision 2030. The initiative encourages increased physical activity to combat chronic diseases s ... Read More
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Coffee in Portugal
Coffee in Portugal The demand for coffee outpaced supply in 2024, creating significant pressure on consumer prices. This imbalance was driven by increasing global demand for coffee, alongside challenges in production. One of the key factors contributing to this situation was the 2023 coffee harvest, ... Read More
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Sports Drinks in the Philippines
Sports Drinks in the Philippines 2024 is proving to be a challenging year for sports drinks, despite the health and wellness trend. This is due to intensified competition from other types of soft drinks, such as energy drinks or functional bottled water, with the latter seen as a healthier source of ... Read More
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Soft Drinks in Saudi Arabia
Soft Drinks in Saudi Arabia The soft drinks market in Saudi Arabia is poised for continued healthy growth in 2024, with strong expansion expected in both volume and current value terms. This trend reflects the broader economic boom in Saudi Arabia, which is seeing increasing diversification under th ... Read More
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Hot Drinks in Singapore
Hot Drinks in Singapore In 2024, the hot drinks market in Singapore is expected to see flat performance in total volume terms, largely due to a combination of regulatory changes and reduced consumer spending power. One of the key regulatory changes that will affect the market is the increase in the ... Read More
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