Category: Beverages
Asia Beverages
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Soft Drinks in Cambodia
... of challenges such as global inflation rates and fuel shortages, forcing consumers to economise. Meanwhile, the health and wellness trend continued to impact consumer decision making, negatively affecting categories such as carbonates and energy drinks. ... Read More
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Tea in Thailand
... limited to specialist tea shops. Nevertheless, foodservice volume sales of tea saw moderate growth in 2023, thanks to increased levels of social interaction and hence, more consumption occasions. Sales were further boosted by the revival ... Read More
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Tea in Georgia
... increasing numbers of foreign tourists, as well as an influx of newly-arrived immigrants from Ukraine, Russia and Belarus. However, with inflation still being an issue, there is a degree of trading down to cheaper brands. ... Read More
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Hot Drinks in Cambodia
... industry players into innovating. While coffee remained the most popular category, sales of tea grew from a smaller base with tea in particular being influenced by the rising health and wellness trend. In general, older ... Read More
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Soft Drinks in South Korea
... reduced sugar carbonates, amongst others, are expected to see much better performances than products containing a high amount of sugar, including juice and regular carbonates. Euromonitor International's Soft Drinks in South Korea report offers a ... Read More
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RTD Coffee in South Korea
... coffee shops. This trend prompted both traditional coffee beverage companies such as Dong Suh and Lotte Chilsung, and coffee shop franchises such as Twosome Place, Paul Bassett, and Pascucci, to enter RTD coffee. However, RTD ... Read More
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South Korea Coffee Market Report and Forecast 2024-2032
... the forecast period of 2024-2032. Aided by the rapidly evolving coffee culture and the burgeoning cafe industry in the country, the market is expected to grow significantly by 2032. Coffee, an energising drink made from ... Read More
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Concentrates in South Korea
... slight decline for liquid concentrates. Liquid concentrates is mainly comprised of drinking vinegar products. The usage of vinegar, which was primarily used as a seasoning in the past, has diversified, and the domestic vinegar market ... Read More
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Energy Drinks in South Korea
... expected to return to the 2019 level in 2023. However, the off-trade channel accounts for the vast majority of sales, and sales actually increased throughout the review period, including in the first year of the ... Read More
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Carbonates in South Korea
... consumers are concerned about the high level of sugar in regular carbonates, which is therefore anticipated to see another year of decline, with many moving towards reduced sugar carbonates, which is set to maintain dynamic ... Read More
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Juice in South Korea
... image, juice has lost customers to freshly squeezed juice due to its preferred taste. In addition, juice used to be considered healthy and nutritious in South Korea, but packaged juices are increasingly perceived as unhealthy ... Read More
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Sports Drinks in South Korea
... to sales during the pandemic, and sales are set to remain higher than the pre-pandemic level. The retro trend continues in the country, and traditional Korean foods such as sikhye (sweet rice punch), sujeonggwa (persimmon ... Read More
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RTD Tea in South Korea
... to see a negligible decline, reduced sugar still RTD tea is expected to see low growth, and carbonated RTD tea and kombucha is set to see another year of exceptional although slowing growth. Kombucha now ... Read More
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Bottled Water in South Korea
... consumption became a habit. Consumers who had previously purchased bottled water intermittently or for on-the-go consumption occasions became more accustomed to the convenience of ordering bottled water regularly, as the amount of water consumed at ... Read More
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Juice in Vietnam
... in volume terms in 2023 as people have been forced to save money. Nonetheless, despite these financial pressures sales of juice have continued to grow in on- and off-trade volume terms in 2023, which is ... Read More
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Bottled Water in Vietnam
... due to the rising health and wellness movement and a decline in alcohol consumption. Consumers have become increasingly aware of the importance of staying hydrated, especially during warmer weather. Not only is hydration important to ... Read More
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Coffee in the Philippines
... in terms of volume, saw a particularly buoyant performance, as the busier lifestyles of consumers encouraged them to prioritise convenience. Filipinos were attracted to the ease of preparation offered by products such as Kopiko and ... Read More
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Coffee in Vietnam
... Vietnam's economy started to struggle in 2023 with lower demand in key export markets weighing on its manufacturing industry, while there was an intense desire to keep the Vietnamese Dong stable at the expense of ... Read More
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Hot Drinks in Vietnam
... Statistical Office study. Soft labour markets and concerns about an impending global recession have led to a more conservative consumer behaviour in 2023, with increased savings and decreased spending on non-essential items such as hot ... Read More
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Carbonates in Vietnam
... concerns and a growing focus on sport and fitness. The General Statistic Office reported a significant increase in unemployment among factory and business workers in 2023, which it attributed to the global economic downturn. Although ... Read More
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Hot Drinks in the Philippines
... mobility of Filipino consumers contributing to an increase in demand. Coffee, the largest product area in terms of volume, saw a particularly buoyant performance, supported by the vibrancy of instant coffee mixes, as the busier ... Read More
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Tea in the Philippines
... supported the expansion of green tea, consumption of which is valued for its antioxidant properties. In turn, players responded by offering a greater variety of products in modern retail channels such as hypermarkets and supermarkets, ... Read More
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Other Hot Drinks in the Philippines
... their physical workplaces, consumers showed a growing interest in consuming a hot, nutritionally-packed beverage that was convenient to prepare. Health and wellness concerns also had a positive impact on the market, especially malt-based hot drinks ... Read More
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Asian Speciality Drinks in Vietnam
... facing many households with elevated inflation and a sharp rise in the cost of living putting pressure on disposable income. With consumer budgets being squeezed some consumers have been reducing their consumption of non-essential products, ... Read More
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Energy Drinks in Vietnam
... flavour, as well for their ability to offer a stamina boost when they need to stay up late, for example to prepare for an exam or to meet a work deadline, or when out socialising ... Read More
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