Category: Coffee & Tea
Coffee & Tea market research reports by Euromonitor International
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Tea in the United Kingdom
Tea in the United Kingdom Tea in the UK is experiencing a notable shift, with fruit/herbal tea driving category growth, while traditional black tea faces challenges. In 2024, demand for tea is declining in both retail and foodservice channels, as the performance of black tea, traditionally the large ... Read More
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RTD Coffee in Colombia
RTD Coffee in Colombia RTD coffee is a small category within soft drinks with sales having declined sharply earlier in the review period because Café Latte Alpina Juan Valdez and Starbucks left the market. These brands had limited availability, mostly at modern retailers, and had high prices. With c ... Read More
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Tea in Spain
Tea in Spain Sales of tea are expected to largely stagnate in Spain during 2024, with retail volume sales set to fall slightly when compared with 2023. However, retail current value sales are set to see low growth, although much of this is due to the higher cost of production and inflationary pressu ... Read More
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Tea in Saudi Arabia
Tea in Saudi Arabia Tea is a popular beverage in Saudi Arabia, being a key part of the country’s tradition and cultural heritage. Alongside coffee and dates, tea is a quintessential part of hospitality in the region. As such, demand for tea is set to continues to grow at a modest rate, supported by ... Read More
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Other Hot Drinks in Hong Kong, China
Other Hot Drinks in Hong Kong, China Retail volume sales of other hot drinks in Hong Kong remain relatively flat, particularly due to the consumer perception that many of these products are laden with sugar. While health benefits are often highlighted, they may not be sufficient to satisfy health-co ... Read More
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Other Hot Drinks in the United Kingdom
Other Hot Drinks in the United Kingdom Retail volume sales of other hot drinks in the UK continue to decline in 2024. While the volume decline is evident across the category, value sales of chocolate-based flavoured powder drinks and malt-based hot drinks are rising due to price increases. The most ... Read More
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Coffee in Saudi Arabia
Coffee in Saudi Arabia Coffee holds a special place in Saudi Arabian culture. Traditional Saudi coffee, known as ""qahwa,"" is not only regarded as a drink, but rather, a symbol of hospitality, reflecting the country’s rich history of consumption. In recent years, there has been a notable shift in c ... Read More
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Coffee in Vietnam
Coffee in Vietnam Retail volume sales of coffee in Vietnam are set to see little movement in 2024, while retail current value sales are expected to maintain solid growth. In 2024, the unit price of raw coffee, particularly Robusta, has surged significantly due to several factors. These include produ ... Read More
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RTD Coffee in Vietnam
RTD Coffee in Vietnam In 2024, RTD coffee in Vietnam is expected to see growth both on-trade and off-trade in both volume and current value terms. While off-trade sales will continue to dominate, the on-trade channel is set to see stronger volume growth in 2024. Growth is primarily being driven by a ... Read More
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RTD Tea in Colombia
RTD Tea in Colombia RTD tea displayed modest volume growth during 2024 in off- and on-trade terms, as prices continued to be impacted by the health tax which had a direct impact on prices. Soft drinks, including RTD tea, with less than 6g of sugar are exempt from the health tax. Products with 6-10g ... Read More
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Hot Drinks in the United Kingdom
Hot Drinks in the United Kingdom Retail volume sales of hot drinks in the UK continue to decline in 2024, due to increasing price pressures, although the latter ensures further value growth. Unit prices are rising across all categories, influenced by higher raw material costs and climate-related dis ... Read More
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Coffee, Tea, Spices and Ready Meals in Germany: ISIC 1549
Coffee, Tea, Spices and Ready Meals in Germany: ISIC 1549 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 Coffee, Tea, Spices and Ready Meals: ISIC 1549 market at a nat ... Read More
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RTD Tea in Vietnam
RTD Tea in Vietnam RTD tea in Vietnam is set to experience double-digit growth rates both on-trade and off-trade in both volume and current value terms in 2024. The hotter weather caused by the El Nino phenomenon is one factor which has been driving growth. In addition, there has been a significant ... Read More
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RTD Coffee in South Korea
RTD Coffee in South Korea RTD coffee in South Korea faced a declining trend in off-trade volume terms in 2023, which is set to continue in 2024. RTD coffee, traditionally valued for its convenience, is increasingly being challenged by the rising consumer preference for low cost, experience-oriented ... Read More
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Tea in Vietnam
Tea in Vietnam While the price of raw coffee has increased by two to three times in the past year, increasing the cost of this product, the price of raw tea has been relatively stable. However, consumers are still concerned about the economic downturn, and feel insecurity about job losses caused by ... Read More
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Coffee in South Korea
Coffee in South Korea Since the COVID-19 pandemic, coffee has largely reached a state of stagnation in South Korea. While there has been some recovery in foodservice volume sales as social activities have resumed, the retail channel has been struggling to achieve growth in volume terms. Despite this ... Read More
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Tea in Hong Kong, China
Tea in Hong Kong, China Tea in Hong Kong is a mature category with a long, rich history, and therefore brands must continuously innovate to capture consumer interest in this highly competitive landscape. While demand for tea remains stable, players are employing various strategies to attract custome ... Read More
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Tea in the US
Tea in the US After Unilever spun off its tea portfolio to CVC Capital Partners and became what seemed a premium-leaning rebranding in Ekaterra, 2023 saw yet another rebranding, as the company embraced the identity of its globally dominant Lipton brand. Focusing additionally on the theme of “infusio ... Read More
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Other Hot Drinks in the US
Other Hot Drinks in the US Pressed by food inflation, malt-based hot drinks and chocolate-based flavoured powder drinks have both been declining in retail volume terms in the US, after seeing a brief post-pandemic surge, and declines are expected to continue in 2024. Value sales are set to be able t ... Read More
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Coffee in the US
Coffee in the US Convenience is king in coffee, and while coffee pods commanded this trend in the pandemic era, instant coffee has dramatically prospered at the end of the review period, despite its historical malignment. While post-pandemic consumption occasions seemed destined to shift coffee cons ... Read More
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Hot Drinks in Hong Kong, China
Hot Drinks in Hong Kong, China Hot drinks in Hong Kong is experiencing polarisation amid rising price inflation, with premium tea and coffee brands gaining traction alongside an increase in private label offerings. To attract consumers, brands are introducing smaller packaging sizes and new products ... Read More
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Hot Drinks in South Korea
Hot Drinks in South Korea In 2024, coffee remains the dominant force within hot drinks in South Korea, continuing to drive overall industry dynamics, despite facing several challenges and opportunities. Hot drinks is heavily influenced by evolving consumer preferences, economic pressures, and the in ... Read More
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Hot Drinks in Spain
Hot Drinks in Spain After a challenging 2023, which was characterised by a tough economic environment that saw high inflation and rising prices, hot drinks companies were hoping for a better year in Spain in 2024. This was particularly needed because prior to 2023 and 2024 the influence of the pande ... Read More
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Hot Drinks in the US
Hot Drinks in the US The frugality of the “less but better” trend has persisted in the US since the inflationary woes of 2022, with many consumers choosing to maintain or increase their at-home consumption of hot drinks, even as more opportunities arise for foodservice consumption occasions. Coffee ... Read More
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Other Hot Drinks in Vietnam
Other Hot Drinks in Vietnam In 2024, other hot drinks in Vietnam is set to maintain low retail current value growth, but sales are expected to continue to decline in retail volume terms, falling below the pre-pandemic level. With busier lives in Vietnam, less time is spent at home, reducing at-home ... Read More
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