Category: Beverages
Beverages market research reports by Euromonitor International
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Hot Drinks in Serbia
Hot Drinks in Serbia Rising prices and a decline in disposable income are impacting the consumption of hot drinks in Serbia in 2024. However, the rising cost of living, coupled with consumers' desire for high-quality coffee, is driving the growth of fresh ground coffee pods, as many seek to have the ... Read More
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Hot Drinks in Uzbekistan
Hot Drinks in Uzbekistan Retail volume sales of hot drinks continue to exhibit strong growth in Uzbekistan in 2024, with young consumers driving demand for new flavours in both coffee and tea. Growth in the number of coffee shops has boosted the development of coffee culture. Green tea dominates tea ... Read More
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Hot Drinks in Panama
Hot Drinks in Panama Hot drinks sales achieved strong growth in 2024. The largest category coffee performed best although growth was stifled by category maturity and high levels of penetration. Its sales were also hampered by significant global price hikes. Economic uncertainty, rising inflation and ... Read More
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Bottled Water in Canada
Bottled Water in Canada Bottled water in Canada registered relatively stable growth in 2024, but it faces strong competition from other categories as consumer awareness regarding optimal hydration grows. Rising health consciousness has resulted in many consumers adopting healthier lifestyles which i ... Read More
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Tea in Kenya
Tea in Kenya Tea continued to be Kenya’s most popular hot drink in 2024 and also registered the highest volume growth. Black tea continued to dominate in terms of value and volume sales and registered the highest volume growth among all teas. However, there is growing demand for other types of teas, ... Read More
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Carbonates in Canada
Carbonates in Canada Carbonates in Canada saw a significant drop in current value sales along with declining retail volumes in 2024. The category is under immense pressure as consumers adopt healthier lifestyle habits. Consumers are increasingly concerned about high sugar intake with many guided by ... Read More
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Other Hot Drinks in Kenya
Other Hot Drinks in Kenya After tea, other hot drinks continued to be Kenya’s most popular hot drink in 2024. However, though there was modest current value growth, volume growth was minimal. Malt-based hot drinks continued to account for most value and volume sales, but chocolate-based flavoured po ... Read More
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Hot Drinks in Cambodia
Hot Drinks in Cambodia Hot drinks in Cambodia has experienced notable growth, driven by urbanisation, rising incomes, and shifting consumer preferences towards convenience and health-focused options. Local brands like Mondulkiri Coffee and international players such as Milo and Starbucks have gained ... Read More
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Soft Drinks in Cambodia
Soft Drinks in Cambodia Soft drinks Cambodia has experienced noticeable growth in 2024, driven by factors such as rapid urbanisation, rising incomes, and evolving consumer preferences that mirror the fast-paced lifestyles of individuals seeking convenience in their daily routines. The market is high ... Read More
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Hot Drinks in Kuwait
Hot Drinks in Kuwait Hot drinks in Kuwait have experienced notable growth in 2024, driven by increased out-of-home dining and consumer health consciousness. Rising demand for regional coffee brands has reflected a shift towards localised preferences, while Kuwait's high per capita income has bolster ... Read More
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Hot Drinks in Kenya
Hot Drinks in Kenya Overall, hot drinks in Kenya registered healthy current value and volume growth in 2024, with a growing economy, as well as continuing growing population, supporting sales. Euromonitor International's Hot Drinks in Kenya report offers a comprehensive guide to the size and shape o ... Read More
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Hot Drinks in Israel
Hot Drinks in Israel The cost of living in Israel continued to rise in 2024, significantly affecting demand for hot drinks. Although the annual inflation rate eased slightly in the first half of the year, it surged to 3.6% in August, surpassing the government's target range of 1-3%. This increase wa ... Read More
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RTD Coffee in Canada
RTD Coffee in Canada RTD coffee in Canada is a small category that witnessed moderate growth in 2024 with retail volumes increasingly steadily although the pace of volume growth slowed in the on-trade. RTD coffee has emerged as a drink for modern generations ready to try something new and move away ... Read More
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Tea in Israel
Tea in Israel Wissotzky Tea (Israel) Ltd. continues to lead the Israeli tea market with its flagship Wissotzky brand. The company has maintained this dominant position through frequent product innovations, particularly in flavour varieties, and active promotional efforts. Its extensive distribution ... Read More
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Coffee in Israel
Coffee in Israel In Israel, coffee prices have been steadily rising, with discounts and promotions becoming more limited. In June 2024, Diplomat announced a price hike of 3-10% across several of its products, including the popular Jacobs coffee brand. Similarly, in May 2024, Osem raised the price of ... Read More
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Other Hot Drinks in Israel
Other Hot Drinks in Israel Prices have risen in Israel’s other hot drinks market, with Strauss Group Ltd, the leading player, raising the price of its Chocolit brand by 10% in January 2024. Strauss attributed the increase to rising costs of raw materials, as well as higher electricity prices and the ... Read More
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Coffee in Kenya
Coffee in Kenya Coffee in Kenya registered health current value and volume growth in 2024, though value sales are still well behind tea and other hot drinks. Instant coffee continued to account for most value and volume sales and also registered the highest current value and volume growth. Its popul ... Read More
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Hot Drinks in Dominican Republic
Hot Drinks in Dominican Republic Hot drinks in Dominican Republic registered healthy current value and more modest volume growth in 2024. An improving economy, as well as lower inflation, contributed to volume growth. In addition, high tourist numbers also boosted volume sales. Euromonitor Internati ... Read More
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Juice in Canada
Juice in Canada The juice category in Canada registered a flat performance in 2024 driven by health concerns around sugar content which has led to the shift away from juice products. Fuelled by the abundance of research online about the high sugar content of fruit juices, including fresh ones, consu ... Read More
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Energy Drinks in Canada
Energy Drinks in Canada Energy drinks in Canada continue to face headwinds as current value and volume growth slowed down significantly in 2024. The category, marred by its increasingly negative perception, continues to face strong competition from healthier alternatives, particularly powdered conce ... Read More
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Coffee in Dominican Republic
Coffee in Dominican Republic Dominican Republic continued to be a nation of coffee drinkers in 2024, in a country where coffee growing is a significant industry and coffee drinking is a part of the culture. In 2024, coffee registered healthy current value, though volume growth was more modest in wh ... Read More
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RTD Tea in Canada
RTD Tea in Canada In 2024, RTD tea in Canada witnessed relatively flat compared to recent years. The product has strong appeal among younger consumers in the Gen Z cohort who are drawn to its health association with tea. Carbonated RTD tea is considered a healthier alternative to carbonates and suga ... Read More
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Sports Drinks in Canada
Sports Drinks in Canada Sports drinks saw volume sales decline in 2024, as the category faced headwinds from several competing products in Canada. Hydration sticks/drinks have emerged in powder concentrates causing some challenges for the sports drinks category as they provide a convenient single se ... Read More
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Soft Drinks in Canada
Soft Drinks in Canada Soft drinks in Canada reported a slowdown in current value sales in 2024 as price growth eased, although total volume sales remained steady. The inflation rate cooled in 2024, but the cost of living remained high in Canada and consumers were still highly price sensitive. Health ... Read More
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Concentrates in Canada
Concentrates in Canada Concentrates in Canada registered an impressive performance in 2024 driven by stronger demand and consumption. Both liquid and powder concentrates are seeing a revival in demand stimulated by new product development and promotional activity. The wider availability of concentra ... Read More
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