In 2022, hot drinks in Ireland is set to see another solid year in terms of retail volume growth. In fact, its performance puts it amongst the top performers in Western Europe, highlighting the country’s persisting love of coffee, tea and other hot drinks.
With offices, shops, hotels and restaurants closed for a large part of 2020 and 2021, Irish consumers were forced to explore their tastes and preferences through retail channels. This had a positive push effect on retail sales of coffee, tea and other hot drinks, as demand for niche, speciality and generally more expensive products increased.
In 2022, there are not expected to be any changes in ranking amongst the top 15 players in hot drinks in retail value terms. However, only the top two players, Nestlé Ireland Ltd and Nespresso UK Ltd, are set to see rises in their value shares within hot drinks in 2022, with some maintaining their shares, but many others declining.
The distribution channel winners of 2022 are expected to be convenience retail, small local grocers, discounters and vending. New working from home lifestyles and the broader shift from urban to suburban areas are enabling volume share growth for convenience retail and small local grocers.
Despite the full reopening of society and the lack of lockdowns throughout 2022, with many people continuing to work and study from home, foodservice volume sales of hot drinks are not set to recover to the pre-pandemic level. Indeed, they are unlikely to return to the 2019 level until 2024.
Hot drinks in Ireland is expected to see steady retail volume growth throughout the forecast period. Growth is set to be driven by coffee, as the premiumisation trend continues, and more expensive fresh coffee formats, such as fresh coffee beans and fresh ground coffee pods, prevail.
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Understand the latest market trends and future growth opportunities for the Hot Drinks industry in Ireland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This is the aggregation of Coffee, Tea, and Other Hot Drinks.See All of Our Definitions
This report originates from Passport, our Hot Drinks research and analysis database.
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