Read in-depth analysis on the key trends shaping demand across in...
Read in-depth analysis on the key trends shaping demand across industries, consumers and national markets, with insight and market statistics that offer global strategic coverage.
Changing pandemic forecasts remain an issue for hot drinks in Q3 but industry focus is increasingly shifting to a variety of second-order effects from the pandemic, such as offering products to a newly remote workforce and dealing with the effects of…
This briefing provides updates on 2021-2025 quarterly forecasts for the hot drinks industry, sourced from Euromonitor International’s Hot Drinks Forecast Model for Q2 2021, reflecting updated GDP and Coronavirus (COVID-19) impact forecasts.
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…
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…
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…