Market research on the hot drinks industry. Our reports feature a...
Market research on the hot drinks industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and share data, distribution and industry trends.
After a demand spike in 2020, when COVID-19 hit Western Europe, followed by further growth in 2021, with some restrictions still in place, the return to near normality in 2022 saw sales decline. However, sales returned to positive growth in 2023 and…
Volume sales of hot drinks returned to recording positive growth in Latin America in 2023, following the slight decline seen a year earlier. In value terms, with costs rising against a backdrop of high inflation, growth was stronger. Coffee continues…
Hot drinks sales in Asia Pacific were stagnating in real value terms in 2020, impacted by the decline seen in China in this year due to the COVID-19 lockdowns. However, sales have been increasing since then, in spite of further Chinese lockdowns in…
The global hot drinks industry continues to record strong growth, with greater consolidation of the industry through merger and acquisitions as well as partnership with retailers and foodservice players. At the same time, regional players from Asia…
A return to normality will prove elusive for the global hot drinks industry in 2024. Supply chain challenges have moderated but not gone away, as increasingly value-conscious consumers try to balance their desires with tight budgets. Meanwhile,…
Sales of hot drinks in Middle East and Africa continued to record positive growth in both volume and real value terms in 2023. However, with high inflation and rising costs and product prices, volume outperformed constant value growth in 2023, as…
The hot drinks industry continues to confront the challenges caused by global increases in input costs. Questions surrounding pricing strategies will be the major story of 2023 as commodity costs moderate and consumers beset by the rising cost of…
Over the review period, both offline and e-commerce retail channels witnessed notable growth in response to increased demand for hot beverages prompted by the pandemic. This surge in demand had a significant impact on hot beverage trends across…
Global inflation peaked in 2022 but it remains stubbornly persistent. This means high input costs will remain a major hot drinks industry concern for the foreseeable future. Prolonged inflation has not only affected pricing for the industry but also…
A combination of surging inflation, international turmoil and growing consumer demand headwinds add up to a challenging environment for hot drinks manufacturers. This report offers insights on navigating this new reality, alongside updated forecasts.…