Category: Beverages
Beverages market research reports by Euromonitor International
-
Hot Drinks in Guatemala
Hot Drinks in Guatemala Bernardo Arévalo was sworn in as Guatemala’s president in January 2024 and faced the challenge of implementing change in a country with entrenched corruption and high poverty rates. With a population of nearly 18 million, Guatemala is the most populous country in Central Amer ... Read More
-
Hot Drinks in Cameroon
Hot Drinks in Cameroon The pace of retail price increases for hot drinks in Cameroon has decelerated in 2024 compared to previous years. However, production costs remain elevated, primarily due to the persistently high prices of raw materials. For example, the price of fresh Robusta coffee has decre ... Read More
-
Hot Drinks in Costa Rica
Hot Drinks in Costa Rica Costa Rica’s tropical climate, characterised by a short and moderate dry season from January to March and a prolonged, intense rainy season, poses challenges for hot drinks. Despite consistently warm temperatures, which range from an average minimum of 73°F to a maximum of 8 ... Read More
-
Yoghurt and Sour Milk Products in India
Yoghurt and Sour Milk Products in India In 2024, yoghurt and sour milk products in India is set to see another year of dynamic double-digit retail current value growth, with the expectation that the category will see the strongest growth within dairy in the country. 2024 has witnessed a strong summe ... Read More
-
Tea in Colombia
Tea in Colombia In 2024, retail value sales of tea saw an increase of 3% in Colombia, while retail volume growth remained positive at 1%. The key drivers of growth were green tea and fruit/herbal tea, while black tea saw a fall in retail volume sales. Areas such as green and herbal/fruit tea benefit ... Read More
-
Tea in Guatemala
Tea in Guatemala Guatemalans have a long tradition of drinking coffee rather than tea. Local tea production is very limited, with the category depending largely on imports to supply domestic demand. This reliance on imports means that changes in the cost of raw materials and international logistics ... Read More
-
Other Hot Drinks in Colombia
Other Hot Drinks in Colombia In 2024, while retail value sales of other hot drinks in Colombia grew by 9%, retail volume sales fell significantly by 10%. This decline was primarily driven by the high cost of raw materials, particularly due to droughts that reduced cacao production in Colombia and ke ... Read More
-
Other Hot Drinks in Cameroon
Other Hot Drinks in Cameroon Chocolate and malted-based beverages, long staples on Cameroonian breakfast tables, have demonstrated the highest price sensitivity in the hot drinks market due to their widespread consumption. As inflationary pressures persist, affordability has become a critical consid ... Read More
-
Tea in Costa Rica
Tea in Costa Rica In Costa Rica, imported tea brands such as Bigelow and Twinings have established themselves as symbols of premium quality, influencing the local tea landscape. To compete effectively, domestic brands like ManzaTe and Mondaisa have embraced innovation, introducing diverse and elabor ... Read More
-
Coffee in Costa Rica
Coffee in Costa Rica Costa Ricans have demonstrated a deep appreciation for their locally produced coffee, often enjoying fresh brews prepared at home or through foodservice outlets. Despite this cultural affinity, there remains limited consumer awareness regarding coffee that is exclusively produce ... Read More
-
Tea in Cameroon
Tea in Cameroon Price sensitivity has proven to be the lowest for tea compared to any other category in non-alcoholic drinks in Cameroon. Tea consumption in Cameroon has generally taken a back seat to other hot drinks, including coffee, chocolate, and malted beverages. This dynamic has meant that mo ... Read More
-
Other Hot Drinks in South Africa
Other Hot Drinks in South Africa The health and wellness trend continues to drive sales of other plant-based hot drinks in South Africa, aided by stable demand from consumers who prefer dairy-free alternatives. Much of this trend is being driven by the growing popularity of flexitarian, vegetarian a ... Read More
-
Energy Drinks in Singapore
Energy Drinks in Singapore The market for energy drinks in Singapore is expected to see modest volume growth in 2024, continuing the trend observed in the previous year. Notably, on-trade volumes are growing faster than off-trade, partly due to the full resumption of nightlife, high-profile events l ... Read More
-
Bottled Water in Singapore
Bottled Water in Singapore The bottled water market in Singapore is expected to experience a fairly flat performance in total volume terms in 2024 despite the country’s hot and humid climate, which typically drives demand for hydration. Bottled water is facing increasing competition from other bever ... Read More
-
RTD Tea in Singapore
RTD Tea in Singapore The RTD tea market in Singapore is experiencing a shift towards reduced-sugar options, driven by increased health awareness among consumers. Brands are responding by launching new products and reformulating existing formulations to meet these preferences. Gryphon Tea Company, fo ... Read More
-
Concentrates in Singapore
Concentrates in Singapore Off-trade volume sales of liquid concentrates in Singapore are projected to continue declining in 2024 as health and wellness concerns take centre stage in consumer decision-making. Unlike fresh juices and smoothies, which are widely regarded as healthier due to their highe ... Read More
-
Asian Speciality Drinks in Singapore
Asian Speciality Drinks in Singapore Despite their cultural significance, Asian speciality drinks are projected to experience a decline in total volume sales in Singapore in 2024. These beverages have limited popularity among younger consumers, many of whom primarily consume these beverages when ... Read More
-
Coffee in Indonesia
Coffee in Indonesia Coffee continues to drive retail unit price growth in Indonesia’s hot drinks market, particularly fresh coffee beans, which is expected to see double-digit growth in current value terms in 2024. This follows the trend from 2023, with standard fresh ground coffee also experiencing ... Read More
-
Hot Drinks in South Africa
Hot Drinks in South Africa While overall demand for hot drinks in South Africa continues to rise, value sales growth is more dynamic. This is because while overall inflation levels in the country have declined in 2024 compared to previous years, they remain elevated within the food and drinks space, ... Read More
-
Other Hot Drinks in Indonesia
Other Hot Drinks in Indonesia The market for other hot drinks in Indonesia is expected to contract in retail volume terms in 2024, continuing the trend from the previous year. Malt-based hot drinks, which are predominantly chocolate-flavoured, are set to experience a steep decline, given that these ... Read More
-
Tea in South Africa
Tea in South Africa Demand for loose black tea in South Africa continues to decline in 2024, as increasing numbers of consumers shift to other formats or categories based on convenience. Traditionally, loose black tea was popular in the country, in part due to older demographics, who enjoyed the pro ... Read More
-
Carbonates in Singapore
Carbonates in Singapore The carbonates market in Singapore is experiencing a notable shift as consumers increasingly prioritise health and wellness. This trend is contributing to a decline in demand for regular carbonated beverages, with reduced-sugar alternatives gaining traction. However, despite ... Read More
-
Hot Drinks in Indonesia
Hot Drinks in Indonesia The hot drinks market is expected to see flat growth in total volume terms in 2024, driven by soaring unit prices that have outpaced those of 2023. This trend is primarily fuelled by rising costs of coffee, cocoa, and sugar, exacerbated by adverse weather conditions linked to ... Read More
-
Soft Drinks in Singapore
Soft Drinks in Singapore The hot drinks market in Singapore is set to record positive volume growth though both the on-trade and off-trade channels in 2024, albeit at a slower pace than the previous three years. This is largely due to a combination of regulatory changes and reduced consumer spending ... Read More
-
Juice in Singapore
Juice in Singapore Juice consumption in Singapore has been showing steady decline in off-trade volume terms, and this trend is expected to continue over the forecast period. The primary factor behind this decline is increasing concerns over the high sugar content in juices, which has led consumers t ... Read More
Research Assistance
