Over the forecast period, product innovations in hot drinks will continue to focus on added health benefits, particularly in areas that come under more scrutiny, such as chocolate-based flavoured powder drinks in other hot drinks. These products, alongside other plant/based hot drinks, offer strong potential for growth, with brands looking to include functional ingredients to increase appeal.
Across the forecast period, sales of organic hot drinks are set to grow, with retail sales projected to rise at a 13% 2023 constant value CAGR to reach MXN646 million. Consumers increasingly view organic products as natural and free from artificial ingredients and pesticides.
Across the forecast period, consumers in Mexico will continue to showcase concerns surrounding sustainability, animal welfare and health. The combination of these concerns will lead to a rise in meat-free, plant-based living, bolstering the number of vegetarians in the country.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
Understand the latest market trends and future growth opportunities for the HW Hot Drinks industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the HW Hot Drinks industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Health and Wellness encompasses a number of key claims made on a food or drink products that suggest a health and/or wellness positioning. It comprises positionings relating to better for you, dietary and free from, fortified/functional, health benefit, natural and organic. This is the aggregation of Coffee, Tea, and Other Hot Drinks. For full product category definitions please refer to the definitions section (can be found under the "Help" section on Passport) for the respective system: Cooking Ingredients and Meals, Dairy Products and Alternatives, Snacks, Staple Foods, Hot Drinks, Soft Drinks. Please note that data is not available at this level or other aggregated claim levels.
See All of Our DefinitionsThis report originates from Passport, our HW Hot Drinks research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!