Category: General Beverages
General Beverages market research reports by Euromonitor International
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Hot Drinks in Singapore
Hot Drinks in Singapore Retail value sales of hot drinks in Singapore continue to grow in 2023, while retail volume sales are stagnating. Coffee is the strongest performer in retail value growth terms, while demand through retail is flat (albeit above pre-pandemic levels) as greater mobility outside ... Read More
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Other Hot Drinks in Hong Kong, China
Other Hot Drinks in Hong Kong, China The convenience factor in other hot drinks is becoming increasingly evident, with the emergence of pods in the local market. Brands such as Horlicks, Maltesers, Nescafé Dolce Gusto, and PODiSTA are offering malt-based and chocolate-based flavoured powder drinks i ... Read More
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Hot Drinks in Hong Kong, China
Hot Drinks in Hong Kong, China The convenience of hot drinks for local consumers is becoming increasingly significant due to the penetration of the pod format in tea, malt-based and chocolate-based flavoured powder drinks. This format offers consumers the flexibility to experiment with brewing new d ... Read More
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Other Hot Drinks in the Netherlands
Other Hot Drinks in the Netherlands In keeping with its performance over most of the review period, other hot drinks is set to contract in retail volume terms in 2023. As a mature category with a much narrower appeal than coffee and tea in the Netherlands, it continues to suffer from a lack of inves ... Read More
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Hot Drinks in the Netherlands
Hot Drinks in the Netherlands While hot drinks in the Netherlands is poised to record solid growth in current value terms in 2023, this is mainly because unit prices have continued to rise sharply due to the spike in inflation fuelled by the global recovery from COVID-19, the fallout of Russia’s inv ... Read More
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Hot Drinks in Bulgaria
Hot Drinks in Bulgaria The hot drinks market in Bulgaria in 2023 is significantly influenced by the cost-of-living crisis. With an inflation rate among the highest in the EU, Bulgarian consumers are experiencing squeezed disposable incomes and escalating grocery product prices. Despite these challen ... Read More
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Hot Drinks in the US
Hot Drinks in the US The COVID-19 pandemic has largely ended, but there has been little respite, either for the hot drinks industry specifically, or for the US as a whole, with inflation quickly replacing COVID-19 as the top concern of both companies and consumers. The shift in consumption habits fr ... Read More
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Other Hot Drinks in the US
Other Hot Drinks in the US Malt-based hot drinks experienced a surge in retail volume sales in 2020 due to COVID-19, but quickly returned to the pre-pandemic level of sales. Unfortunately, decline is expected to continue in 2023. On the other hand, chocolate-based flavoured powder drinks is predicte ... Read More
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Other Hot Drinks in Bulgaria
Other Hot Drinks in Bulgaria In Bulgaria's other hot drinks category, chocolate-based flavoured powder drinks maintains the largest volume share despite facing several challenges. These challenges include declining birth rates and a growing consumer preference for low-sugar drinks. Despite competiti ... Read More
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Other Hot Drinks in Greece
Other Hot Drinks in Greece Other hot drinks posted a steep retail volume decline in 2023, aligned to the cost of living crisis and lower disposable incomes. As such, consumer purchasing changed, and many focused on essentials, with other hot drinks lacking commodity status. In addition, retail price ... Read More
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Hot Drinks in Greece
Hot Drinks in Greece Rising inflation and the decline in disposable incomes negatively impacted hot drinks' performance in 2023. Significant increases in price across hot drinks and high inflation led consumers to be increasingly price-sensitive, with sales driven by promotional periods. For other h ... Read More
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Hot Drinks in Vietnam
Hot Drinks in Vietnam Vietnam is predicted to see GDP growth of 4.5% by the end of 2023, compared to the initial forecast of 6.5% at the beginning of the year, as per the General Statistical Office study. Soft labour markets and concerns about an impending global recession have led to a more conserv ... Read More
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Other Hot Drinks in Italy
Other Hot Drinks in Italy Other hot drinks consists of flavoured powder drinks, chocolate-based flavoured powder drinks, and malt-based hot drinks in Italy, all of which are seeing negative volume growth in 2023. On the other hand, sales of non-chocolate-based flavoured powder drinks and other plant ... Read More
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Hot Drinks in the Philippines
Hot Drinks in the Philippines Despite persisting inflationary pressures, volume sales of hot drinks in the Philippines recorded healthy growth in both retail and foodservice channels in 2023, with improving economic conditions and the greater mobility of Filipino consumers contributing to an increas ... Read More
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Other Hot Drinks in Finland
Other Hot Drinks in Finland Other hot drinks in Finland, which consists only of chocolate-based flavoured powder drinks, is seeing a decline in total volume sales in 2023. Foodservice continues to outperform the off-trade as sales volumes recover from the pandemic. Meanwhile, retail sales are under ... Read More
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Hot Drinks in Italy
Hot Drinks in Italy The performance of hot drinks in Italy in 2023 is being strongly affected by inflationary pressures. Within this context, volume sales are sluggish while value sales are supported by rising unit prices. In addition to inflationary pressures, coffee has also been impacted by struc ... Read More
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Other Hot Drinks in the Philippines
Other Hot Drinks in the Philippines Other hot drinks continued to grow in retail volume terms in 2023., supported by the greater mobility of consumers. With children returning to school, and employees going back to their physical workplaces, consumers showed a growing interest in consuming a hot, nu ... Read More
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Asian Speciality Drinks in Vietnam
Asian Speciality Drinks in Vietnam Asian speciality drinks has witnessed slower growth in off-trade volume terms in 2023 compared to other years in the review period. This is in part due to the economic pressures facing many households with elevated inflation and a sharp rise in the cost of living p ... Read More
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Other Hot Drinks in Vietnam
Other Hot Drinks in Vietnam Sales of other hot drinks have continued to decline in retail volume terms in 2023 which is in part due to consumers spending less time at home now that the pandemic is over and consumers have returned to work and school. Retail sales of other hot drinks saw strong and st ... Read More
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Other Hot Drinks in South Korea
Other Hot Drinks in South Korea Although expected to see another year of retail current value decline in 2023, chocolate-based flavoured powder drinks continues to dominate other hot drinks. These are seasonal beverages, and as a product with limited diversification in taste, marketing communication ... Read More
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Hot Drinks in South Korea
Hot Drinks in South Korea Hot drinks is set to see decline in retail volume terms and a stagnant performance in retail current value terms in 2023. Tea is set to see the best performance, maintaining current value growth, while coffee is set to see stagnancy due to the contrasting forces of decline ... 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 blossom the same cannot be said for other hot drinks which has posted a steep decline in retail volume terms in 2023. Sales have been in decline since the government introduced a sugar tax of 50% in 2019. In addition to deter ... Read More
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Hot Drinks in Azerbaijan
Hot Drinks in Azerbaijan Hot drinks sales in Azerbaijan are heavily influenced by the tea category, which is the most popular hot drink. Loose black tea is the primary choice of tea among locals and continues to show robust volume growth despite the maturity of this category. There is a strong tradi ... Read More
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Other Hot Drinks in Azerbaijan
Other Hot Drinks in Azerbaijan In 2023, other hot drinks is expected to post a flat performance in retail volume terms. With inflation falling, there has been a slight decrease in unit price growth compared to 2022. Overall, there were no other significant changes in the category with demand remaini ... Read More
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Other Hot Drinks in Argentina
Other Hot Drinks in Argentina Other plant-based hot drinks, specifically the national drink yerba mate, dominates other hot drinks, being a staple product in most Argentinian households. Argentina is seeing high inflation in 2023, and in response, at the beginning of the year, the government reintro ... Read More
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