Asia-Pacific Hot Drinks Market Size, Competitive Landscape, Country Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026
Summary
The global hot drinks sector was valued at $236,036.3 million in 2021 and is forecast to post a CAGR of 10.2% during 2021-26 to reach $384,151.5 million by 2026. In 2021, Asia-Pacific held the largest value share of 39.1% in the global hot drinks sector. Valued at $92,317.1 million in 2021, the Asia-Pacific hot drinks market is expected to register a value CAGR of 6.9% to reach $128,813.3 million by 2026. In volume terms, the Asia-Pacific hot drinks sector registered the largest sales of 5,700.9 million kg in 2021 and is forecast to record the second-fastest volume CAGR of 4.1% during 2021-26. The top five companies in the Asia-Pacific hot drinks sector together accounted for 31.6% of value share in 2021. Nestlé was the leading company with a value share of 16.2%, in 2021. It was followed by Unilever plc (6.5%), China Tea Co. Ltd (3.3%), The Kraft Heinz Company (2.8%), and Zhejiang Xiangpiaopiao Co. Ltd (2.8%). Private labels accounted for a value share of 8.8% in the Asia-Pacific hot drinks sector in the same year.
This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific hot drinks sector. It includes market overview, high growth country analysis, top companies, key distribution channels, packaging formats and case studies.
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific hot drinks sector, analyzing data from 26 countries in the region. It includes analysis on the following -
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