Category: Beverages
Beverages market research reports by Euromonitor International
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Sports Drinks in Ecuador
Sports Drinks in Ecuador The close pricing between sports drinks and bottled water has had a significant impact on consumer preferences in Ecuador, leading to a noticeable rise in sports drinks sales. With sports drinks priced only slightly higher than bottled water, they have become an attractive c ... Read More
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Concentrates in Algeria
Concentrates in Algeria Concentrates is expected to record slower growth in 2024 due to the economic downturn, which is negatively impacting consumers’ spending power. However, the impact is somewhat mitigated, as concentrates primarily cater to low-income consumers who view them as a more affordabl ... Read More
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Juice in Ecuador
Juice in Ecuador Despite Ecuador’s economic difficulties and the April 2024 VAT increase from 12% to 15%, alongside the reinstatement of a higher tax on added sugar, juice prices have demonstrated remarkable stability. This resilience reflects the industry’s strategic approach, with many companies o ... Read More
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Sports Drinks in Latvia
Sports Drinks in Latvia Sports drinks in Latvia is expected to register healthy volume growth, in what is an emerging product, with plenty of room for growth. This is in despite of being more expensive than many other soft drinks offerings. The health and wellness trend is bolstering sales as consum ... Read More
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Sports Drinks in Algeria
Sports Drinks in Algeria Sports drinks is set to experience low growth in 2024 due to the ongoing economic crisis, which is resulting in rising inflation, depreciation of the Algerian dinar and declining disposable income levels. Growing maturity, the introduction of fewer new products and the high ... Read More
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Carbonates in Ecuador
Carbonates in Ecuador The adjustment of the value-added tax (VAT) from 12% to 15% in April 2024 has introduced significant challenges for carbonates in Ecuador, particularly in the off-trade channel. Many carbonate products are priced in convenient, fractional amounts, such as 25 cents, 50 cents, or ... Read More
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RTD Tea in Ecuador
RTD Tea in Ecuador In the face of logistical challenges in the traditional channel, smaller players in RTD tea in Ecuador have increasingly focused on leveraging modern retail channels, such as supermarkets and convenience stores, to drive sales in 2024. These channels offer broader access to consum ... Read More
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Juice in Latvia
Juice in Latvia Juice is expected to be the worst performing soft drink in Latvia in 2024, with more than a double-digit percentage volume decline expected. Several factors contribute to this, but mainly it is due to surging prices. This reflected a complex interplay of global supply chain issues an ... Read More
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RTD Coffee in Latvia
RTD Coffee in Latvia Along with energy drinks, RTD coffee is expected to be one of the best performing soft drinks in Latvia in 2024. However, this is from a low base. Coffee is Latvia’s most popular hot drinks by far and consumers are open to also make the shift to RTD coffee. Also, consumers perce ... Read More
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Carbonates in Latvia
Carbonates in Latvia Carbonates is expected to see volumes sales fall marginally in 2024 in Latvia. While inflation has eased significantly, continuing population decline dampens value sales. In addition, carbonates is highly mature and other emerging soft drinks such as sports and energy drinks ste ... Read More
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Bottled Water in Algeria
Bottled Water in Algeria Still bottled water continues to dominate both off- and on-trade volume sales of bottled water in 2024, with still mineral water the leading category. The major driver of volume sales is the low quality of the tap water in Algeria, particularly in rural areas. Rising health ... Read More
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Soft Drinks in Latvia
Soft Drinks in Latvia In Latvia, in 2024, soft drinks is expected to see volume sales fall marginally through retail channels, with volume decline being more pronounced through foodservice channels. Though inflation has eased considerably, continuing population decline is expected to dampen volume s ... Read More
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Soft Drinks in Algeria
Soft Drinks in Algeria Soft drinks is expected to register a healthy increase in retail value terms in 2024, driven by rising prices, with volume growth far more moderate. The Algerian economy has been impacted by surging inflation, leading to lower disposable income levels for consumers, which in t ... Read More
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Concentrates in Latvia
Concentrates in Latvia Concentrates is expected to register positive volume growth in Latvia in 2024. However, powder concentrates, which is considered to be less healthy, as well as less convenient, is expected to see volume sales fall. That being said, liquid concentrates account for most volume s ... Read More
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Carbonates in Algeria
Carbonates in Algeria Reduced sugar carbonates are expected to register the highest volume growth in 2024 as the rising health and wellness trend in the country is influencing consumer demand. Growth is also driven by the niche status of the category as the share of total volume sales of carbonates ... Read More
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Juice in Algeria
Juice in Algeria Juice continues to register healthy retail value growth in Algeria in 2024, supported by population expansion and rising urbanisation. However, this growth is mostly driven by price rises, with volume growth being far more moderate in the year. The growing maturity of juice and decl ... Read More
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Bottled Water in Latvia
Bottled Water in Latvia Volume sales of bottled water are stable in Latvia in 2024, with a slight increase in volume sales expected. Bottled water is also more popular in areas of the country where the tap water quality is not good. Also, though still bottled water accounts for more volume sales, ca ... Read More
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Energy Drinks in Ecuador
Energy Drinks in Ecuador Energy drinks in Ecuador has experienced a transition from aggressive price competition to a focus on added value through product differentiation in 2024. Historically, a price war between leading brands V220 and Vive100 led to significant declines in unit prices. However, d ... Read More
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Bottled Water in Ecuador
Bottled Water in Ecuador Ecuador has seen a dramatic increase in extreme heat conditions, with 180 days of such weather recorded over the last year, a stark contrast to the mere 10 days that would have occurred without climate change. This intensifying heat has significantly influenced bottled water ... Read More
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Soft Drinks in Ecuador
Soft Drinks in Ecuador Ecuador's socio-economic challenges during the review period have profoundly shaped consumption patterns, with the soft drinks sector heavily impacted by a turbulent start to 2024. The year began with heightened insecurity, prompting the government under Daniel Noboa to declar ... Read More
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Energy Drinks in Algeria
Energy Drinks in Algeria The growth of energy drinks in Algeria in 2024 continues to be hampered by the impact of the economic downturn, which is affecting living standards and disposable income levels. Given Algerians’ tendency to be price conscious, many consumers are switching to cheaper local br ... Read More
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Energy Drinks in Latvia
Energy Drinks in Latvia Energy drinks is expected to register the highest volume growth among all soft drinks in 2024. Energy drinks have a loyal fan base, especially among younger consumers, and this is despite a ban on selling energy drinks to minors, due to the high sugar and caffeine content. ... Read More
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Concentrates in Ecuador
Concentrates in Ecuador The increasing popularity of iced tea concentrates in Ecuador has marked a significant shift in consumer preferences in 2024, as they surpass fruit-flavoured counterparts in both sales and appeal. This transition is attributed to the perception of iced tea concentrates as fre ... Read More
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Coffee in Latvia
Coffee in Latvia Coffee in Latvia is expected to register a moderate increase in current value sales in 2024, as inflation has eased significantly. However, continuing population decline dampens volume sales, with marginal volume growth expected. Volume growth is expected to be higher through foodse ... Read More
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Hot Drinks in Latvia
Hot Drinks in Latvia Overall, the picture is bleak for hot drinks in Latvia in 2024, with only marginal volume growth through retail channels. Continuing population decline dampens volume sales. In addition, though inflation has eased, after several years of price hikes and continuing economic uncer ... Read More
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