Category: Beverages
Beverages market research reports by Euromonitor International
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Coffee in the United Kingdom
Coffee in the United Kingdom 2024 is proving to be a challenging year for coffee in the UK due to supply shortages, rising prices, and consumers' search for value. Although retail volume sales in the category continue to decline, driven by a fall in instant coffee demand, value sales are rising due ... Read More
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Other Hot Drinks in Saudi Arabia
Other Hot Drinks in Saudi Arabia While sales of tea and coffee continue to flourish in Saudi Arabia, the same cannot be said for other hot drinks remains bleak, the market for which is set to register a significant decline in retail volume in 2024. This downward trend can be traced back to the gover ... Read More
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Coffee in Hong Kong, China
Coffee in Hong Kong, China Coffee in Hong Kong is experiencing a notable shift in consumer behaviour, with the premiumisation trend extending into instant coffee. This is transforming and elevating previous perceptions of instant coffee in the local market. As office work resumes full-time, value gr ... Read More
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Carbonates in Colombia
Carbonates in Colombia In 2024 Colombians continued facing economic challenges amid inflationary pressures which impacted their household budgets. Although carbonates are an affordable product for most Colombians, volume sales were negatively impacted in off- and on-trade channels. Companies continu ... Read More
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Other Hot Drinks in South Korea
Other Hot Drinks in South Korea Other hot drinks is set to decline by all measures in South Korea in 2024. The growing “healthy pleasure” trend is significantly impacting sales of other hot drinks. In addition to declining overall sales, this is particularly evident in the increasing consumer prefer ... Read More
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Other Hot Drinks in Spain
Other Hot Drinks in Spain Continuing the long-term trend, retail volume sales of other hot drinks, which is overwhelmingly dominated by chocolate-based flavoured powder drinks in Spain, are expected to continue to fall in 2024. Whilst retail value sales are set to rise, this is predominantly a resul ... Read More
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Juice in Colombia
Juice in Colombia Sales of juice continued to decline in 2024 in off-trade volume and on-trade volume terms. Soaring prices, coupled with constrained household budgets amid inflationary pressures, and the poor performance of leading brand Hit, dampened the performance of the category. With the intro ... Read More
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RTD Tea in South Korea
RTD Tea in South Korea Overall RTD tea in South Korea is set to maintain solid off-trade volume growth in 2024. In this year, the trend towards reduced sugar is still clearly visible. As health-conscious consumers continue to seek healthier soft drinks options, reduced sugar RTD tea is expected to r ... Read More
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Spirits in Germany: ISIC 1551
Spirits in Germany: ISIC 1551 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Spirits: ISIC 1551 market at a national level. It provides the latest retail sales data, a ... Read More
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Vegetable, Potato and Fruit Products in Germany: ISIC 1513
Vegetable, Potato and Fruit Products in Germany: ISIC 1513 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Vegetable, Potato and Fruit Products: ISIC 1513 market at a n ... Read More
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Juice in China
Juice in China In 2024, juice in China is set to see an off-trade volume decline, whilst negligible off-trade current value growth is expected, although performances vary across categories. With growing consumer awareness of health, there is a stronger preference for natural, additive-free juices. J ... Read More
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Bottled Water in China
Bottled Water in China Bottled water in China has experienced significant growth in recent years, and this is set to continue in 2024, driven by rising consumer spending power and increased health consciousness. The overall off-trade volume growth rate of bottled water is set to be in the mid to hig ... Read More
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Carbonates in China
Carbonates in China In 2024, carbonates in China is set to experience a further slowdown in off-trade volume growth, driven by the shifting consumer preference towards healthier and functional beverages, such as reduced sugar still RTD tea. Despite the projected low single-digit growth rate for carb ... Read More
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RTD Coffee in China
RTD Coffee in China Despite a resurgence in sales in 2023 following the reopening of offline retailers, RTD coffee is projected to experience single-digit declines in off-trade volume and current value sales in 2024. Demand for RTD coffee has weakened as consumers shift towards healthier options or ... Read More
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RTD Tea in China
RTD Tea in China As consumers in China are increasingly pursuing healthier lifestyles, the demand for sugar-free and reduced sugar RTD tea has been rising, making these products key growth drivers in the overall category. In 2024, the off-trade volume and current value growth rates of reduced sugar ... Read More
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Soft Drinks in China
Soft Drinks in China In 2024, both off-trade volume and current value growth of soft drinks in China are set to maintain mid single-digit increases. Health remains a crucial factor influencing the consumption behaviour of Chinese consumers, especially in soft drinks. A key driver behind the growth i ... Read More
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Packaging Industry in Saudi Arabia
Packaging Industry in Saudi Arabia A few major trends are currently shaping packaging in Saudi Arabia, mainly focused on sustainability and environmentally-friendly practices. There is a significant shift towards sustainable packaging materials, including biodegradable and compostable options. This ... Read More
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Energy Drinks in China
Energy Drinks in China In 2024, energy drinks in China is expected to maintain double-digit growth in both off-trade volume and current value terms, driven by increasingly diverse usage scenarios and targeted marketing efforts. No longer limited to truck drivers and construction workers, the consump ... Read More
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Concentrates in China
Concentrates in China Off-trade RTD volume and current value sales of concentrates are expected to continue their strong declining trend in China in 2024, reflecting weak consumer demand for such products. Coffee liquid concentrates, which account for over 60% of off-trade volumes of liquid concentr ... Read More
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Soft Drinks in Bangladesh
Soft Drinks in Bangladesh Economic pressures, high inflation and political unrest continues to be seen in Bangladesh which is creating instability with imports becoming challenging. As a result, new product development has been limited in soft drinks. Prices stabilised in 2024 despite elevated infla ... Read More
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Sports Drinks in China
Sports Drinks in China Continuing the trend seen from 2021, sports drinks in China is set to maintain significant off-trade volume and current value growth in 2024, although with slower growth rates. As various outdoor sports are gaining popularity in China, consumer awareness of and demand for spor ... Read More
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Asian Speciality Drinks in China
Asian Speciality Drinks in China In 2024, due to the notable health benefits of fruit vinegar, such as aiding digestion and lowering cholesterol, which align with the preference of modern consumers for healthy beverages, volume and current value sales of Asian specialty drinks in China, including fr ... Read More
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Fine Wines/Champagne and Spirits in the US
Fine Wines/Champagne and Spirits in the US While much fuss is made about declining consumption of alcoholic drinks in the US, 2024 is set to see both fine wines and luxury spirits grow in retail volume and current value terms. Growth for sparkling wines of all kinds, from champagne to prosecco to ca ... Read More
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Fine Wines/Champagne and Spirits in Australia
Fine Wines/Champagne and Spirits in Australia Fine wines/champagne and spirits in Australia is registering low but positive retail value growth in 2024, while volumes remain flat, continuing the general trend of “less but better” across alcoholic drinks. This benefits the sale of premium and luxury ... Read More
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World Market for Dairy Products and Alternatives
World Market for Dairy Products and Alternatives As global inflation and GDP growth rates decline, the dairy products and alternatives industry expects low value growth in 2024, although the forecast period looks more promising. In this context, private label is expanding as consumers prioritise aff ... Read More
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