The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreDec 2020
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Coronavirus (COVID-19) forced consumers to work and study from home, as well as leading to longer hours of inactivity due to the circuit breaker imposed to slow the spread of the virus. The pandemic has seen consumers look for immunity boosting ingredients to complement their daily diet.
The demand for hot tea has increased during the pandemic as a result of consumer stockpiling/pantry loading to ensure their hot drink fix while working or studying from home as a result of circuit breaker measures. This has stimulated a partial shift to retail sales of tea from the institutional channel, which is not captured under either foodservice or retail sales.
During COVID-19 consumer buying patterns have moved in two main directions. On the one hand, consumers are returning to basic, affordable variants.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Tea industry in Singapore with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Tea industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.
The Tea in Singapore market research report includes:
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Why buy this report?
This industry report originates from Passport, our Hot Drinks market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.