Category: Coffee & Tea
Asia Coffee & Tea
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Coffee in Indonesia
... pandemic had a negative impact on the purchasing power of the majority of Indonesian consumers, especially those in lower income groups. However, while demand exceeded 2019 levels in 2023, it is worth noting that coffee ... Read More
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Other Hot Drinks in Malaysia
... import-reliant on – that is, wheat, cocoa, sugar and dairy (skimmed milk powder). The situation was further exacerbated by the poor performance of the MYR. Players were forced to pass costs on to the consumer ... Read More
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RTD Tea in Indonesia
... 2023 witnessed further hikes, with this being the largest hindrance to more robust volume growth. Performance was further impacted by a decline in consumer, with disposable incomes significantly impacted by inflationary pressures. In order to ... Read More
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Tea in Malaysia
... consumers more fully returned to offices and other on-site place of work, and increasingly busy lifestyles supported more frequent dining in foodservice outlets. Inflationary pressures and rising living costs meant that many consumers who enjoy ... Read More
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Coffee in Malaysia
... saw marginal decline in the off-trade channel over the year as consumers fully returned to pre-pandemic lifestyles. However, the recovery in foodservice demand was still partial, with on-trade volume sales remaining well below the 2019 ... Read More
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Other Hot Drinks in Indonesia
... of other plant-based hot drinks, which suffered from rising raw material costs. With the value of the local currency, the rupiah, weakening against the US dollar, the prices of imported ingredients like rice, which were ... Read More
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Hot Drinks in Malaysia
... shortage of cocoa in west Africa force leading players like Nestlé and Cadbury Confectionery to grapple with soaring costs and supply chain disruptions when importing cocoa into Malaysia. In addition, extreme weather conditions and a ... Read More
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RTD Coffee in Indonesia
... in the off-trade, with high single-digit volume figures and double-digit current value figures for the second consecutive year. Leading players made sure to continue offering low-cost products presented in PET packaging, with average unit prices ... Read More
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Coffee Machines Market Trends in China
... capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for industrial and consumer products. Far outpacing other economies in the world, China is ... Read More
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South Korea Decaffeinated Products Market Forecast 2024-2032
... several factors, such as lifestyle choices, health and wellness considerations, rising disposable income and local consumption, and varied flavor profiles and product innovations that engage millennials. MARKET INSIGHTS The South Korea decaffeinated products market is ... Read More
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Hot Drinks in Laos
... inflation have led to rising prices, especially those of imported goods such as fuel, medicine, food and beverages. Despite this, the rapid expansion of modern grocery retailers, the increasing number of international tourist arrivals and ... Read More
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Hot Drinks in Pakistan
... government secured a further USD3 billion bailout from the IMF in July 2023, avoiding an impending default. As such, inflation continued to be very high and was being driven by several factors, including international commodity ... Read More
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Coffee in Pakistan
... minimal volume sales for fresh coffee and in 2023, and registered the highest volume growth. With inflation soaring in 2023, highly price sensitive consumers continued to opt for the more affordable instant coffee. Euromonitor International's ... Read More
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Hot Drinks in Myanmar
... rising demand for fresh coffee, with tea constrained by a preference for unpackaged tea. Other hot drinks is popular among children, the main consumer base for these products. Inflation meant consumers were tempted by low-cost ... Read More
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Hot Drinks in Sri Lanka
... some hot drinks. Inflation also remained in double figures which put pressure on consumer income and thus limited spending on discretionary items. Nonetheless, tea remains hugely popular due to its affordability with new options such ... Read More
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Tea in Pakistan
... cut back on drinking in local restaurants (Dhabas) due to soaring inflation. In retail channels, black tea dominates, with sizable volume sales for both loose tea and tea bags. There is also significant sales of ... Read More
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RTD Tea in Pakistan
... such as carbonates, this further dampened volume sales. Volume sales also continued to be minimal through off-trade channels. Offering also continue to be one-the-go, single serve options. Local brand, Tapal, also launched a single-serve sachet ... Read More
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RTD Coffee in Pakistan
... inhibited by the limited availability. Euromonitor International's RTD Coffee in Pakistan report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data ... Read More
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RTD Coffee in Kazakhstan
... such as Lotte and MacCoffee. The growing coffee culture and low per capita consumption of RTD coffee in the country further supported the development of this new and emerging category. Euromonitor International's RTD Coffee in ... Read More
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RTD Tea in Kazakhstan
... increases slowed in the year. The popularity of RTD tea can be attributed to Kazakhstan’s strong tea-drinking culture, plus RTD tea is seen as a healthier alternative to carbonated beverages. Players offer a wide selection ... Read More
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Coffee in Kazakhstan
... expand as a result of the growing coffee culture due to the increasing presence of coffee shops in the country, especially in urban areas. Coffee shops serve as a testing ground to introduce consumers to ... Read More
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Tea in Kazakhstan
... remains the most consumed hot drink by far due to the popularity of black tea. In addition to the tradition of drinking tea in the country, growth is also supported by the introduction of products ... Read More
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Hot Drinks in Kazakhstan
... value terms, continued to see stable volume sales in 2023; however, the category is very mature as the tea culture is highly developed. The coffee market, meanwhile, expanded further in 2023 as a result of ... Read More
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Other Hot Drinks in Kazakhstan
... rising demand amongst children and younger consumers. It remains a small product area in terms of value sales, and is dominated by chocolate-based flavoured powder drinks. Value sales for non-chocolate-based drinks, meanwhile, are negligible. Euromonitor ... Read More
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Hot Drinks in Bangladesh
... among low and middle-income consumers. However, the affordability of small packs ensures accessibility for most people. This showcases diverse products catering to various consumer demands, such as diabetes-friendly options from Horlicks and tea tailored for ... Read More
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