Category: Beverages
Asia Beverages
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Hot Drinks in China
... expected to grow modestly, with foodservice volume growth set to marginally outpace retail. The hot drinks industry is increasingly shaped by innovations in foodservice, such as bubble tea and fruit tea shops, which engage consumers ... Read More
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Other Hot Drinks in China
... categories, other plant-based hot drinks, and malt-based hot drinks are expected to maintain their growth trends. However, chocolate-based flavoured powder drinks is projected to decline in retail value terms, as consumers increasingly associate these products ... Read More
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Tea in China
... sales of domestic loose leaf tea have been disappointing, with the market entering a phase of strong competition. Most tea companies are under pressure, and black, green, and instant tea are expected to see retail ... Read More
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Tea in the Philippines
... employed by key players. For example, Gilamar Enterprises Inc. highlighted the benefits of tea as a way to unwind through its sponsorship of the Patrons of the Arts: Spring Beginnings event in January 2024. Similarly, ... Read More
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Coffee in China
... is a notable trend of consumers pursuing a more professional and personalised coffee experience at home using a coffee machine. They wish to make and enjoy coffee at home, avoiding the need to go out ... Read More
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Hot Drinks in the Philippines
... previous year. While industry players have adopted various strategies to stabilise prices and stimulate consumer demand, shoppers remain cautious with their spending as they navigate persistent economic uncertainties. Euromonitor International's Hot Drinks in Philippines report ... Read More
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Other Hot Drinks in the Philippines
... attributable to sustained competition from other breakfast staples. However, as Filipinos continue to prioritise convenience due to their increasingly hectic lifestyles, there is a growing demand for easy-to-consume, nutritious beverages. This trend has placed plant-based ... Read More
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Hot Drinks in Vietnam
... crisis in the Red Sea, resulting in increased shipping and related costs. Many financial speculators are now investing in coffee, following oil and gold, which is also driving up prices. Players are therefore struggling to ... Read More
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Sports Drinks in South Korea
... in the country, and sports drinks is no exception. Traditionally, sports drinks have been formulated to provide hydration, electrolytes, and sufficient sugars to energise the body during physical activity. However, growing concerns about excessive sugar ... Read More
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Other Hot Drinks in Hong Kong, China
... While health benefits are often highlighted, they may not be sufficient to satisfy health-conscious consumers. In response to this trend, there is increasing demand for other hot drinks with reduced sugar aimed at addressing these ... Read More
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Bottled Water in South Korea
... the country. As the number of small households (one- and two-person households) continues to rise, many of these homes do not have a water purifier installed, leading to an increased reliance on bottled water delivery ... Read More
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Concentrates in South Korea
... concentrates is expected to see a slightly better performance than liquid concentrates, and account for higher sales. Nevertheless, off-trade RTD volume sales of concentrates are expected to remain far higher than the pre-pandemic level, as ... Read More
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Bottled Water in Vietnam
... country, and the rise in domestic tourism in this year. In 2024, the Ministry of Tourism announced that Vietnam welcomed significantly more international visitors in the first nine months of 2024 than it had in ... Read More
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Coffee in Vietnam
... raw coffee, particularly Robusta, has surged significantly due to several factors. These include production losses attributed to the El Nino phenomenon, wars, and the security crisis in the Red Sea, all of which have led ... Read More
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RTD Coffee in Vietnam
... channel is set to see stronger volume growth in 2024. Growth is primarily being driven by a significant rise in the number of tourists in Vietnam, both inbound and domestic. According to the Ministry of ... Read More
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Carbonates in Vietnam
... local tourists visiting the country. According to a Ministry of Tourism report from September 2024, Vietnam received more than 12.5 million international visitors in the first nine months of 2024, marking a 43% increase compared ... Read More
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Asian Speciality Drinks in Vietnam
... shown a more cautious approach to their spending, prioritising essential items over those that are non-essential. They regularly look out for discount events for Asian speciality drinks, hoping for reductions of 20% or even 50%, ... Read More
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Juice in Vietnam
... increasing number of consumers are tending to decrease their sugar consumption, and opt for juice, which is considered a healthy alternative, both at home and in restaurants or offices. Numerous television shows and advertisements through ... Read More
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RTD Tea in Vietnam
... Nino phenomenon is one factor which has been driving growth. In addition, there has been a significant rise in the number of inbound tourists visiting Vietnam in this year, as well a rise in travel ... Read More
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RTD Coffee in South Korea
... increasingly being challenged by the rising consumer preference for low cost, experience-oriented coffee consumption. With more people resuming outdoor activities post-pandemic, there is a growing desire to enjoy coffee in a social setting, where the ... Read More
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Tea in Vietnam
... However, consumers are still concerned about the economic downturn, and feel insecurity about job losses caused by slow economic recovery and global uncertainty due to wars and security crises. Thus, Vietnamese consumers have shown a ... Read More
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Energy Drinks in Vietnam
... be attributed to the increased demand for energy drinks driven by more stressful lifestyles resulting from economic challenges, such as working overtime to meet higher KPIs, or facing more frequent deadlines. Consequently, while some people ... Read More
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Coffee in South Korea
... retail channel has been struggling to achieve growth in volume terms. Despite this, there has been expansion in the base of coffee enthusiasts, leading to increased demand for fresh coffee beans. However, other categories within ... Read More
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Tea in Hong Kong, China
... for tea remains stable, players are employing various strategies to attract customers and differentiate themselves. Tea has entered an era of premiumisation, driven by new product developments that cater for evolving consumer preferences. Lipton, one ... Read More
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Concentrates in Vietnam
... country. In the first nine months of 2024, Vietnam welcomed over 12.5 million international visitors, which was a significant rise from the previous year, as reported by the Ministry of Tourism in September 2024. This ... Read More
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