The global hot drinks sector was valued at $236 billion in 2021 and is forecast to record a CAGR of 10.2% during 2021-26, to reach $384.2 billion in 2026. Asia-Pacific represented the largest region in 2021 with a value share of 39.1%, followed by the Americas with 21.5%. In 2021, hot coffee was the largest category in terms of value sales accounting for a share of over 50%. Middle East & Africa is forecast to be the fastest-growing region for the hot drinks sector, with a value CAGR of 26.8% during 2021-26, followed by the Americas with 10.4%. Among the categories, other hot drinks category is set to be the fastest-growing with a CAGR at 1.7%. In the global bakery & cereals sector, the top five companies accounted for a combined value share of 35.3% in 2021. Nestlé was the leading company with a value share of 16%. It was followed by J.A.B Holding Company at 9.2% and Unilever at 5%.
Consumers today have become extremely selective when purchasing products in the sector, owing to health considerations. New products in the hot drinks sector are being launched with a plethora of health claims such as high in fiber, high in minerals, high in vitamins, no artificial colors, no genetic modification, and no preservatives. The clean labeling trend, which places emphasis on the transparency of food products with reference to the ingredients used, is growing in the bakery & cereals sector. This is becoming increasingly common in new product launches, with labels claiming the use of natural, wholesome, and simple ingredients that are easy to recognize, in order to appeal to consumers.
This report brings together multiple data sources to provide a comprehensive overview of the global hot drinks sector. It includes an analysis on the following:
Consumers today have become extremely selective when purchasing products in the sector, owing to health considerations. New products in the hot drinks sector are being launched with a plethora of health claims such as high in fiber, high in minerals, high in vitamins, no artificial colors, no genetic modification, and no preservatives. The clean labeling trend, which places emphasis on the transparency of food products with reference to the ingredients used, is growing in the bakery & cereals sector. This is becoming increasingly common in new product launches, with labels claiming the use of natural, wholesome, and simple ingredients that are easy to recognize, in order to appeal to consumers.
This report brings together multiple data sources to provide a comprehensive overview of the global hot drinks sector. It includes an analysis on the following:
- Sector overview: Provides an overview of current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East & Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, latest developments, and future challenges for each region. This data includes both on-trade and off-trade data.
- Change in consumption: Provides a shift in the consumption of hot drinks over 2016-26 at global and regional levels.
- High-potential countries: Provides risk-reward analysis of the top four high-potential countries in each region based on market assessment, economic development, governance indicators,
- Country and regional analysis: Provides deep-dive analysis of 10 high-potential countries covering value growth during 2021-26, key challenges, consumer demographics, and key trends. It also includes regional analysis covering the future outlook for each region. Market size includes both on-trade and off-trade data, while only off-trade data is used in company and brand analysis, distribution analysis, and packaging analysis.
- Competitive landscape: Provides an overview of leading brands at a global and regional level, besides analyzing the product profile, country-level presence, market share, and growth of private labels in each region.
- Key distribution channels: Provides analysis on the leading distribution channels in the global hot drinks sector in 2021. It covers 'dollar stores', variety stores & general merchandise retailers, cash & carries & warehouse clubs, convenience stores, department stores, e-retailers, food & drinks specialists, hypermarkets & supermarkets, and others.
- Packaging analysis*: The report provides percentage share (in 2021) and growth analysis (during 2021-26) for various pack materials, pack types, closures, and primary outer types based on volume sales of hot drinks.
Scope
- Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates
Table of Contents
- Executive Summary
- Part 1: Sector Overview
- Current Scenario and Future Outlook
- Global Hot Drinks Sector Overview
- What Are the Growth Factors, Latest Developments, and Future Inhibitors?
- Regional Hot Drinks Overview
- What Are the Growth Factors, Latest Developments, and Future Inhibitors?
- Key Challenges in the Global Hot Drinks Sector
- Part 2: Shift in Overall Tea & Coffee Consumption Patterns
- Change in Consumption Levels in the Overall Tea & Coffee Industry, 2016-26
- Reasons for Shift in Consumption Patterns
- Part 3: Identifying High-Potential Countries
- Analysis of 10 Countries on the Basis of Risk Reward Analysis (Market Assessment, Economic Development, Sociodemographic factors, Governance Indicators, and Technological Infrastructure)
- Part 4: Country Deep Dive Analysis
- High-Potential Country Analysis
- Future Outlook
- Part 5: Competitive Landscape
- Leading Companies by Value
- Global Leading Companies and Brands Share Analysis
- Global Leading Companies and Brands Share Analysis by Region
- Part 6: Competitive Landscape-Market Analysis
- Part 7: Market Share of Private Label
- Private Label Share Analysis by Region
- Private Label Share Analysis by Category
- Part 8: Key Distribution Channels
- Share of Key Distribution Channels
- Global and Regional Level
- Part 9: Key Packaging Formats
- Growth Analysis by Key Pack Material and Pack Type
- Growth Analysis by Closure Type and Primary Outer Type
- Appendix
- Definitions
- About the Publisher
List of Tables
- Key categories by value and volume, 2016-26 - Global
- Key categories by value and volume, 2016-26 - Asia-Pacific
- Key categories by value and volume, 2016-26 - Middle East & Africa
- Key categories by value and volume, 2016-26 - Americas
- Key categories by value and volume, 2016-26 - Western Europe
- Key categories by value and volume, 2016-26 - Eastern Europe
- Vietnam: Category share
- Japan: Category share
- Japan: Consumption by gender
- Japan: Consumption by age group
- Japan: Consumption by education
- Japan: Consumption by degree of urbanization
- South Africa: Category share
- South Africa: Consumption by gender
- South Africa: Consumption by age group
- South Africa: Consumption by education
- South Africa: Consumption by degree of urbanization
- Argentina: Category share
- Argentina: Consumption by gender
- Argentina: Consumption by age group
- Argentina: Consumption by education
- Argentina: Consumption by degree of urbanization
- US: Category share
- US: Consumption by gender
- US: Consumption by age group
- US: Consumption by education
- US: Consumption by degree of urbanization
- Chile: Category share
- Chile: Consumption by gender
- Chile: Consumption by age group
- Chile: Consumption by education
- Chile: Consumption by degree of urbanization
- Switzerland: Category share
- UK: Category share
- UK: Consumption by gender
- UK: Consumption by age group
- UK: Consumption by education
- UK: Consumption by degree of urbanization
- Poland: Category share
- Poland: Consumption by gender
- Poland: Consumption by age group
- Poland: Consumption by education
- Poland: Consumption by degree of urbanization
- Czech Republic: Category share
- Czech Republic: Consumption by gender
- Czech Republic: Consumption by age group
- Czech Republic: Consumption by education
- Czech Republic: Consumption by degree of urbanization
- Leading companies in the global hot drinks sector (% share), 2021
- Key pack material volume share (%), 2021
- Annual volume growth by pack material (%), 2016-26
- Key pack type volume share (%), 2021
- Annual volume growth by pack type (%), 2016-26
- Key closure type volume share (%), 2021
- Annual volume growth by closure type (%), 2016-26
- Key primary outer volume share (%), 2021
- Annual volume growth by primary outer (%), 2016-26
List of Figures
- Change in consumption levels in the overall tea & coffee industry, 2016-26
- Change in consumption levels in the overall tea & coffee industry, Asia-Pacific, 2016-26
- Change in consumption levels in the overall tea & coffee industry, Middle East & Africa, 2016-26
- Change in consumption levels in the overall tea & coffee industry, The Americas, 2016-26
- Change in consumption levels in the overall tea & coffee industry, Western Europe, 2016-26
- Change in consumption levels in the overall tea & coffee industry, Eastern Europe, 2016-26
- Identifying high-potential countries, risk-reward analysis-Asia-Pacific
- Identifying high-potential countries, risk-reward analysis-Middle East & Africa
- Identifying high-potential countries, risk-reward analysis-The Americas
- Identifying high-potential countries, risk-reward analysis-Western Europe
- Identifying high-potential countries, risk-reward analysis-Eastern Europe
- Company and brand share analysis-Global
- Company and brand share analysis-Asia-Pacific
- Company and brand share analysis-Middle East & Africa
- Company and brand share analysis-The Americas
- Company and brand share analysis-Western Europe
- Company and brand share analysis-Eastern Europe
- Key brands-hot coffee, 2021
- Key brands-hot tea, 2021
- Key brands-other hot drinks, 2021
- Private label value and share by region, 2016-21
- Private label value sales ($ million) and share (%) by category, 2021
- Leading distribution channels by region (% share by value), 2021
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- JAB Holding Company
- Unilever Plc
- The Kraft Heinz Company
- Luigi Lavazza S.p.A.
- Vinatea
- Ajinomoto Group
- AVI Ltd
