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.
The total volume consumption of hot drinks is set to see a slow increase in 2022. However, various COVID-19-related restrictions, which have seen the closure and/or decreased capacity of many foodservice outlets throughout China in this year, are…
Hot drinks returned to growth in 2022 as the impact of COVID-19 on the economy and consumer mobility subsided. Nonetheless, high unemployment and high inflation is limiting stronger growth, with many consumers remaining price sensitive. Strong…
Hot drinks in Singapore is experiencing rising retail prices amid inflation, resulting in historical highs compared to the average of the review period. Price spikes are attributable to global commodity crunches that are giving rise to snowballing…
Hot drinks sales continued to decline in retail volume terms in 2022 albeit at a slower pace than in the previous two years, while foodservice sales struggled to recover to pre-COVID-19 levels. High inflation and other economic pressures resulted in…
Sustainability is a major driving trend across both coffee and tea in Sweden, with younger consumers particularly interested in environmental matters. Within this landscape, players in hot drinks are seeking ways to appeal to this generation of…
In 2022, hot drinks manufacturers’ ability to deliver in the Nigerian market was still being affected by the negative impact of the COVID-19 crisis. The devaluation of the local currency and rising inflation, which led to high unit prices, saw…
In 2022, global inflation and rising energy prices caused consumers to review their budgets and adapt their spending. The cost of coffee started to climb in 2021, reaching its height in 2022. This resulted from a bad harvest, which lowered supply…
As the effects of the pandemic have subsided, hot drinks consumption is set to grow in 2022. Foodservice is expected to continue its recovery, while retail consumption has remained fairly insulated throughout the pandemic due to the universal nature…
Coffee dominates retail volume sales of hot drinks in Ethiopia. Coffee has a long history in Ethiopia and is regularly consumed by most adults. Retail volume sales of coffee continued to expand in 2022, with the economic shock of the pandemic having…
Hot drinks registered double-digit current value growth, though constant value growth was very low. The war in Ukraine led to an energy crisis, which in return led to high inflation. However, the full impact of the global oil price rises and other…
Following the removal of all travel and regulatory restrictions in early 2022, the largest development within hot drinks in South Africa has been the resumption of foodservice, reaching comparable levels to pre-pandemic demand. However, COVID-19 has…
In 2022, hot drinks in Qatar continue to recover from COVID-19 and is benefiting from the FIFA 2022 World Cup which is boosting tourism and the local economy. Likewise, the country is seeing strong GDP, with this being partially fuelled by a strong…
2022 has been the start of the recovery for many businesses after several years of on/off lockdowns due to COVID-19. Throughout 2022, Australians’ attitudes towards hot drinks that developed during the lockdowns have remained strong. The value of…
The Georgian economy is witnessing a recovery in 2022 as inbound tourism prospers and consumers return to the normal practice of visiting on-trade establishments after the COVID-19 pandemic. Greater levels of social interaction are occurring as…
In 2022, hot drinks is recovering from the COVID-19 pandemic, largely due to the easement of restrictions and resumption of socialising among consumers, in and outside of the home. Tea remains intrinsically tied up with Omani culture, and drives…
Sales of hot drinks in Taiwan saw positive, albeit modest growth in volume terms in 2022, following declines in the previous two years. On-trade sales slumped in 2020 and 2021, as measures put in place to contain the COVID-19 virus, including social…
In 2022, hot drinks is set to record steady retail volume and current retail value growth, albeit at a much more moderate rate when compared with the double-digit growth levels of 2021. Growth in 2022 is mainly driven by increased demand for coffee…
As life resumed a greater degree of normality after the height of the COVID-19 pandemic in 2020 and 2021, the market adjusted to pre-pandemic consumption patterns in 2022. As a result, off-trade volume growth of hot drinks was lower than during the…
In 2022, retail volume sales of hot drinks portray some degree of normalisation. In response to the COVID-19 pandemic in 2020, at-home consumption of hot drinks increased dramatically. This followed the various COVID-19 related restrictions that saw…