Category: Beverages
Beverages market research reports by Euromonitor International
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Juice in Algeria
Juice in Algeria Juice continues to register healthy retail value growth in Algeria in 2024, supported by population expansion and rising urbanisation. However, this growth is mostly driven by price rises, with volume growth being far more moderate in the year. The growing maturity of juice and decl ... Read More
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Bottled Water in Latvia
Bottled Water in Latvia Volume sales of bottled water are stable in Latvia in 2024, with a slight increase in volume sales expected. Bottled water is also more popular in areas of the country where the tap water quality is not good. Also, though still bottled water accounts for more volume sales, ca ... Read More
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Energy Drinks in Ecuador
Energy Drinks in Ecuador Energy drinks in Ecuador has experienced a transition from aggressive price competition to a focus on added value through product differentiation in 2024. Historically, a price war between leading brands V220 and Vive100 led to significant declines in unit prices. However, d ... Read More
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Energy Drinks in Algeria
Energy Drinks in Algeria The growth of energy drinks in Algeria in 2024 continues to be hampered by the impact of the economic downturn, which is affecting living standards and disposable income levels. Given Algerians’ tendency to be price conscious, many consumers are switching to cheaper local br ... Read More
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Energy Drinks in Latvia
Energy Drinks in Latvia Energy drinks is expected to register the highest volume growth among all soft drinks in 2024. Energy drinks have a loyal fan base, especially among younger consumers, and this is despite a ban on selling energy drinks to minors, due to the high sugar and caffeine content. ... Read More
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Concentrates in Ecuador
Concentrates in Ecuador The increasing popularity of iced tea concentrates in Ecuador has marked a significant shift in consumer preferences in 2024, as they surpass fruit-flavoured counterparts in both sales and appeal. This transition is attributed to the perception of iced tea concentrates as fre ... Read More
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Other Hot Drinks in Latvia
Other Hot Drinks in Latvia There is expected to be volume decline for other hot drinks in Latvia in 2024. Chicory and barley-based drinks continue to account for most value sales, though these are mainly consumed by older consumers of over 60-years-of-age and this is a dwindling consumer base. As su ... Read More
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Hot Drinks in Latvia
Hot Drinks in Latvia Overall, the picture is bleak for hot drinks in Latvia in 2024, with only marginal volume growth through retail channels. Continuing population decline dampens volume sales. In addition, though inflation has eased, after several years of price hikes and continuing economic uncer ... Read More
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Coffee in Latvia
Coffee in Latvia Coffee in Latvia is expected to register a moderate increase in current value sales in 2024, as inflation has eased significantly. However, continuing population decline dampens volume sales, with marginal volume growth expected. Volume growth is expected to be higher through foodse ... Read More
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Tea in Latvia
Tea in Latvia The picture is bleak overall for tea in Latvia in 2024. While there is expected to be an increase in current value sales, volume sales are expected to fall marginally. Continuing population decline dampens volume sales. In addition, more and more consumers in Latvia are drinking coffee ... Read More
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Fine Wines/Champagne and Spirits in Taiwan
Fine Wines/Champagne and Spirits in Taiwan Retail value sales of fine wines, champagne, and spirits increased by 2% to reach TWD21.2 billion in 2024. While this marks a positive outcome, it represents a slowdown compared to the double-digit growth seen in the previous year. In 2023, consumer spendin ... Read More
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Tea in Algeria
Tea in Algeria Tea is far less popular than coffee in Algeria, though it is registering higher growth in what is an immature product area. The bulk of the tea sold in Algeria is green tea, with fruit/herbal tea generating the vast majority of the remaining sales. Consumers perceive green tea as offe ... Read More
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Juice in Sweden
Juice in Sweden Retail volume sales of juices continued to decline in 2024, following long-term challenges that have persisted over the review period, independent of the broader economic situation. A key driver behind this sustained decline is the perception that juice is unhealthy, primarily due to ... Read More
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Other Hot Drinks in Nigeria
Other Hot Drinks in Nigeria In 2024, other hot drinks in Nigeria declined in retail volume terms as rising inflation put a further squeeze on consumer purchasing power. Although other hot drinks (consisting of chocolate-based flavoured powder drinks and malt-based hot drinks) has become a staple bev ... Read More
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Juice in Bosnia and Herzegovina
Juice in Bosnia and Herzegovina Juice in Bosnia and Herzegovina has achieved solid growth in consumer demand in 2024, driven by the stable performance of nectars and juice drinks, alongside rising product prices amidst lingering inflation. The ongoing shift from carbonates to healthier soft drinks, ... Read More
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Concentrates in Indonesia
Concentrates in Indonesia Liquid concentrates are expected to see positive volume growth in off-trade channels in Indonesia in 2024, marking a recovery from the flat performance of the previous year. The category has been bolstered by a growing presence of street stall kiosks, which have expanded th ... Read More
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RTD Tea in Indonesia
RTD Tea in Indonesia The RTD tea market in Indonesia is set to face another challenging year in 2024, with both off-trade and on-trade volume sales expected to see only slight increases. Weakening consumer purchasing power, particularly among the lower-middle-income segment, is a significant contrib ... Read More
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Carbonates in Bosnia and Herzegovina
Carbonates in Bosnia and Herzegovina In line with global trends, there has been an ongoing shift from regular carbonates to reduced sugar carbonates in Bosnia and Herzegovina, resulting in a continued moderate decline in consumer demand across most categories and negative off-trade retail volume gro ... Read More
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Other Hot Drinks in Ecuador
Other Hot Drinks in Ecuador During the review period, Ecuador faced substantial social and economic challenges that have profoundly impacted consumption patterns across the country. Heightened insecurity, previously unprecedented in Ecuador’s history, led the government of Daniel Noboa to declare a ... Read More
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Sports Drinks in Indonesia
Sports Drinks in Indonesia The sports drinks market in Indonesia is expected to deliver a static performance in off-trade volume terms in 2024. This is despite typically favourable conditions, including hot weather and low rainfall, which are often associated with increased demand. Before the pandem ... Read More
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Sports Drinks in Sweden
Sports Drinks in Sweden Sports drinks in Sweden saw an exceptional surge in 2024, largely driven by the introduction of reduced sugar variants. These key launches, including high-profile products like Prime Hydration and Coca-Cola's reduced sugar Powerade, have led to considerable consumer interest ... Read More
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Hot Drinks in Nigeria
Hot Drinks in Nigeria Hot drinks in Nigeria faced retail volume decline in 2024 due to the negative impact of inflationary economic conditions on consumers’ purchasing power. Consumption of hot drinks reduced in line with rising prices and further pressure on household budgets in Nigeria. Hot drinks ... Read More
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Soft Drinks in Bosnia and Herzegovina
Soft Drinks in Bosnia and Herzegovina In 2024, soft drinks in Bosnia and Herzegovina has continued to experience moderate consumer demand growth, resulting in steady off-trade retail volume expansion and solid off-trade retail sales value increases. This performance has been bolstered by rising prod ... Read More
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Hot Drinks in Angola
Hot Drinks in Angola Angola continued to experience elevated inflation in 2024 fuelled in part by the depreciation of the local currency. Despite this sales of hot drinks saw robust growth in retail volume terms backed by the availability of affordable local brands which have benefited from the chal ... Read More
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Hot Drinks in Bolivia
Hot Drinks in Bolivia Hot drinks in Bolivia has demonstrated positive growth during 2024, driven by increased volumes in the most prominent categories such as coffee and tea. Locally produced products have shown a better performance due to their more accessible pricing, which aligns with consumer de ... Read More
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