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HW Hot Drinks in Taiwan

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    Report

  • 13 Pages
  • August 2024
  • Region: Taiwan
  • Euromonitor International
  • ID: 5946093
Demand for instant tea is dampened as Taiwanese consumers shift towards a healthier mindset in light of the COVID-19 crisis. It is a trend for consumers to have their drinks without sugar in order to stay healthy - sugar has become a major focus of the health and wellness trend as it has become strongly associated with a range of health problems and, in particular, the rise in obesity. Thus, instant tea drinkers have shifted from drinking added-sugar instant teas to full-leaf teas.

The HW Hot Drinks in Taiwan report tracks the developments of health-associated product types and the healthy-option positioning of competing brands across different food sectors. It provides the latest retail sales data 2019-2023, allowing you to compare health and wellness categories with each other or in the context of the total market for a sector. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, legislative context or lifestyle influences. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: HW Coffee, HW Hot Drinks by Type, HW Other Hot Drinks, HW Tea.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the HW Hot Drinks market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Instant tea slows down due to increasing consumer concern with health and wellness, while players work on updating their tea portfolios in line with current trends
  • Good source of vitamins is leading claim in 2023, and updated regulation impacts ingredients and labelling
  • Organic demand driven by desire to drink natural hot drinks, while plant-based variants gain ground
PROSPECTS AND OPPORTUNITIES
  • Natural shows promise in health and wellness hot drinks
  • No added sugar expected to grow due to weight and cardiovascular concerns
  • Growing demand for vegan products
MARKET DATA
  • Table 1 Sales of Hot Drinks by Health and Wellness Type: Value 2019-2023
  • Table 2 Sales of Hot Drinks by Health and Wellness Type: % Value Growth 2019-2023
  • Table 3 mpany Shares of Organic Hot Drinks (Biggest HW Type in Global Hot Drinks): % Value 2019-2023
  • Table 4 mpany Shares of Natural Hot Drinks (2nd Biggest HW Type in Global Hot Drinks): % Value 2019-2023
  • Table 5 mpany Shares of Gluten Free Hot Drinks (3rd Biggest HW Type in Global Hot Drinks): % Value 2019-2023
  • Table 6 mpany Shares of Good Source of Vitamins Hot Drinks (4th Biggest HW Type in Global Hot Drinks): % Value 2019-2023
  • Table 7 mpany Shares of No Allergens Hot Drinks (5th Biggest HW Type in Global Hot Drinks): % Value 2019-2023
  • Table 8 recast Sales of Hot Drinks by Health and Wellness Type: Value 2023-2028
  • Table 9 recast Sales of Hot Drinks by Health and Wellness Type: % Value Growth 2023-2028
HEALTH AND WELLNESS IN TAIWAN
EXECUTIVE SUMMARY
  • Health and wellness in focus
  • Consumer diet trends
  • Health-related deaths
  • Blood pressure and cholesterol levels
  • Diabetes prevalence
  • DISCLAIMER