Category: Beverages
Beverages market research reports by Euromonitor International
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Soft Drinks in Myanmar
Soft Drinks in Myanmar In 2024, soft drink manufacturers in Myanmar have introduced low-volume pack sizes and low-cost product variants, alongside marketing initiatives such as price discounts and lucky draws, in an effort to sustain sales volumes amidst the continued decline in household income lev ... Read More
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Hot Drinks in Sri Lanka
Hot Drinks in Sri Lanka Hot drinks saw strong growth in Sri Lanka in 2024 backed by an improving economy and a large influx of tourists. The search for convenience boosted sales of tea bags and instant coffee, while an increasing number of consumers looked for healthier hot drinks such as products w ... Read More
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RTD Tea in Serbia
RTD Tea in Serbia High price increases and a decline in disposable income, resulting in greater price sensitivity, are forcing consumers to prioritise essential items in 2024. As a result, demand for RTD tea continues to be impacted in the year. Reduced sugar RTD tea is experiencing faster growth fr ... Read More
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RTD Coffee in Serbia
RTD Coffee in Serbia Volume sales of RTD coffee in Serbia in 2024 are boosted by growing consumer awareness about RTD coffee and it being a small, unsaturated category. An expanding product assortment is also supporting sales in the year. However, high price growth and a decline in consumers’ dispos ... Read More
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Bottled Water in Uzbekistan
Bottled Water in Uzbekistan Off-trade volume sales of bottled water continue to exhibit steady growth in 2024. A growing focus on water consumption, combined with Uzbekistan’s hot climate and increasing population, continued to positively impact bottled water. Euromonitor International's Bottled Wat ... Read More
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Carbonates in Uzbekistan
Carbonates in Uzbekistan Having seen demand surge earlier in the review period, 2024 proved to be a challenging year for carbonates in Uzbekistan, with a small decline in off-trade volume sales. Cola carbonates, which account for the bulk of off-trade retail volume sales in this category, were parti ... Read More
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Bottled Water in Serbia
Bottled Water in Serbia Bottled water in Serbia is recording stable volume off-trade growth in 2024, driven by increasing health consciousness. Functional bottled water is witnessing the fastest volume growth, albeit from a small base, due to the expansion of both products and players in the categor ... Read More
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Energy Drinks in Uzbekistan
Energy Drinks in Uzbekistan Having surged earlier in the review period, annual growth in off-trade volume sales of energy drinks slowed to low single digits in 2024. The primary reason for this deceleration was the increase in unit prices, driven largely by the introduction of an excise tax: Since t ... Read More
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RTD Tea in Uzbekistan
RTD Tea in Uzbekistan The annual rate of growth in off-trade volume sales of RTD tea slowed significantly in 2024 but remained robust. This was largely due to unit price growth amid rising production costs and a general decline in consumer purchasing power. Euromonitor International's RTD Tea in Uzb ... Read More
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Energy Drinks in Serbia
Energy Drinks in Serbia Energy drinks in Serbia are experiencing further strong volume growth in 2024 as they are increasingly popular amongst younger consumers with increasingly busy lifestyles. Frequent price discounts are also stimulating consumption in the year. In addition to active promotion, ... Read More
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Soft Drinks in Serbia
Soft Drinks in Serbia Rising prices and a decline in disposable income are negatively impacting the soft drinks market in Serbia in 2024. Consumers are reassessing their purchases and prioritising essential items, making price an increasingly important factor in their purchasing decisions. With risi ... Read More
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Soft Drinks in Sri Lanka
Soft Drinks in Sri Lanka Sales of soft drinks saw strong growth in off-trade volume terms in 2024 thanks in part to improvements in the local economy. Consumers are showing an increasing inclination towards healthier options – such as reduced sugar and functional products. Larger companies expanded ... Read More
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Soft Drinks in Uzbekistan
Soft Drinks in Uzbekistan The rate of growth in off-trade volume sales of soft drinks slowed significantly in 2024. This was due in large part to the introduction on 1 April 2024, of a tax on sugary carbonated drinks, which led to significant unit price increases. Carbonates containing sugar or othe ... Read More
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Bottled Water in Dominican Republic
Bottled Water in Dominican Republic After carbonates, bottled water is Dominican Republic’s most popular soft drink. It registered healthy volume growth in 2024, surpassing the growth of carbonates, as more consumers switch to soft drinks with a healthier profile and consumers become increasingly co ... Read More
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RTD Tea in Dominican Republic
RTD Tea in Dominican Republic Volume sales for RTD tea continued to be low in Dominican Republic in 2024 and it registered the lowest volume growth of all soft drinks. One reason for the subdued performance is that since the Lipton brand withdrew in 2022, no other brand has taken over its position. ... Read More
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Concentrates in Dominican Republic
Concentrates in Dominican Republic Overall, there was muted volume growth for concentrates in Dominican Republic in 2024. However, it was a tale of two stories. While powder concentrates continued to account for most volume sales and registered muted volume growth, liquid concentrates registered do ... Read More
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Concentrates in Kenya
Concentrates in Kenya There was muted volume growth for concentrates in Kenya in 2024. Concentrates is a mature product area, with little innovation, and this dampened volume sales. Also, though inflation has eased, consumers continued to be price sensitive after several years of price hikes. As a r ... Read More
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Bottled Water in Israel
Bottled Water in Israel In a significant development within Israel’s bottled water market, Eden announced a 5.8% price increase in June 2023, attributing it to rising costs of raw materials and local supplier pricing. IBBL similarly raised its prices, with the changes taking effect in May 2024. Nevi ... Read More
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Sports Drinks in Israel
Sports Drinks in Israel In 2024, sports drinks in Israel market experienced significant growth in off-trade volume sales, standing out within the broader soft drinks market. This surge is largely attributable to an increasing health and wellness trend among consumers, fostering a desire for more act ... Read More
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Sports Nutrition in India
Sports Nutrition in India Sports nutrition in India is expected to record dynamic double-digit retail current value growth in 2024, driven by increasing consumer awareness of the importance of protein in the daily diet. Protein has become widely recognised not only for its role in building muscle ma ... Read More
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Juice in Slovenia
Juice in Slovenia 100% juice is again the fastest growing juice category in 2024, despite rising prices, thanks to premiumisation and health and wellness trends. These drinks are perceived as being healthier than most juices as they normally do not contain added preservatives or artificial ingredien ... Read More
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Carbonates in Slovenia
Carbonates in Slovenia Despite market maturity and saturation, carbonates continues to record moderate off-trade volume growth in 2024. Reduced-sugar products continue to gain ground, outperforming their regular counterparts, as consumers are more aware of the negative health effects of sugar and ar ... Read More
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Energy Drinks in Slovenia
Energy Drinks in Slovenia Energy drinks continues to witness solid volume growth in 2024. For many young consumers, the key consumers, drinking energy drinks, especially premium brands, are a fashion statement and popular party drink. A growing number of working professionals are also increasingly c ... Read More
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RTD Coffee in Slovenia
RTD Coffee in Slovenia RTD coffee continues to grow steadily in 2024, with demand largely driven by its convenience and the growing appetite for new coffee flavours and combinations with both dairy and non-dairy products. The rise in on-the-go beverage consumption is another key factor driving growt ... Read More
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RTD Tea in Slovenia
RTD Tea in Slovenia RTD tea continues to enjoy solid off-trade volume growth, one of the highest in soft drinks, and strong off-trade value growth, benefiting from a growing number of consumers shifting from carbonates and juices. Sophisticated flavour combinations are also contributing to the growt ... Read More
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