Category: Beverages
Beverages market research reports by Euromonitor International
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Coffee in Turkey
Coffee in Turkey Coffee in Turkey witnessed strong retail volume growth in 2024, driven by rising interest in premium and high-quality fresh coffee. The rising adoption of coffee machines in households, including espresso machines, is driving sales of fresh ground coffee and pods. Italian speciality ... Read More
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Sports Drinks in Bulgaria
Sports Drinks in Bulgaria Sports drinks in Bulgaria continued to see strong off-trade volume and current value growth in 2024, if slower than in 2022 and 2023. However, foodservice sales and reduced sugar sports drinks remained negligible at the end of the review period. The demand for drinks contai ... Read More
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HW Dairy Products and Alternatives in South Africa
HW Dairy Products and Alternatives in South Africa South Africa’s population with an overweight or obesity diagnosis is on the rise. According to Euromonitor International’s Economies and Consumers data, 26% of the over 18-year-old population of South Africa was overweight (BMI 25-30kg/sq m) in 2023 ... Read More
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Tea in Portugal
Tea in Portugal While retail value growth remained positive in 2024, retail volume sales continued to decline; a result that has been in place since 2021. This decline was largely driven by economic pressures, with consumers trading down or reducing their purchases. In contrast, the on-trade channel ... Read More
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Juice in the Philippines
Juice in the Philippines Volume sales of juice are set to register relatively modest growth in the Philippines in 2024, with demand remaining below pre COVID-19 levels. Juice drinks, the largest product area, came under pressure during the pandemic, when the closure of schools throughout the Philipp ... Read More
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Bottled Water in Australia
Bottled Water in Australia Bottled water in Australia is experiencing a strong off-trade volume recovery in 2024 following a weak performance over much of the review period. Australia has the second-highest per capita consumption rate of bottled water globally, trailing only Singapore. Player strate ... Read More
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Sports Drinks in Australia
Sports Drinks in Australia With an increase in health occasions addressed by functional beverages, combined with consumers’ attention to the health-promoting ingredients in their products, producers of sports drinks in Australia are further segmenting their offers by incorporating different healthy ... Read More
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Soft Drinks in the Philippines
Soft Drinks in the Philippines Despite ongoing inflationary pressures during the first half of the year, volume sales of soft drinks in the Philippines are poised for robust growth across both on-trade and off-trade channels in 2024. This positive outlook is largely driven by a resurgence in consume ... Read More
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Hot Drinks in Portugal
Hot Drinks in Portugal In 2024, low purchasing power in Portugal impacted the hot drinks landscape, leading to declining retail volume sales. This was particularly evident in coffee, where demand exceeded the available supply, leading to significant price hikes. Price sensitivity led consumers to re ... Read More
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Hot Drinks in Peru
Hot Drinks in Peru Hot drinks in Peru is showing signs of recovery in 2024, rebounding from a challenging 2023. Last year, consumption was notably affected by exceptionally high temperatures linked to the global El Niño phenomenon, which lessened the perceived need for hot drinks. In addition, econo ... Read More
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Hot Drinks in Turkey
Hot Drinks in Turkey Hot drinks in Turkey reported moderate retail volume growth in 2024 on a par with recent years. Even though hot drinks is a saturated category, population growth is expanding consumption in the country. The most popular hot beverages are black tea, Turkish coffee, instant coffee ... Read More
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Soft Drinks in Saudi Arabia
Soft Drinks in Saudi Arabia The soft drinks market in Saudi Arabia is poised for continued healthy growth in 2024, with strong expansion expected in both volume and current value terms. This trend reflects the broader economic boom in Saudi Arabia, which is seeing increasing diversification under th ... Read More
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Other Hot Drinks in Turkey
Other Hot Drinks in Turkey In 2024, other hot drinks is expected to show positive volume growth, driven primarily by the growth of other plant-based hot drinks. This segment largely includes sahlep, a traditional hot drink in Turkey made from orchid extracts and served with hot milk. Despite its mat ... Read More
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Other Hot Drinks in Peru
Other Hot Drinks in Peru Following a difficult 2023, when consumption declined due to a marked rise in average temperatures across the country caused by the coastal and global El Niño phenomena, 2024 is showing signs of gradual recovery in other hot drinks in Peru. This improvement is primarily due ... Read More
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Concentrates in Finland
Concentrates in Finland As juice concentrate products face maturity, many brands are shifting focus towards zero-sugar options to create a healthier image. In Finland, where consumers are increasingly mindful of sugar intake, this move aligns with the growing trend of health-conscious eating and dri ... Read More
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Juice in Finland
Juice in Finland Retail volume sales in juice declined in 2024, with demand suffering from the impact of the soft drink tax that was implemented at the beginning of 2020. In particular, the dominant product area of reconstituted 100% juice is losing out due to its unhealthy image, with many consumer ... Read More
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Carbonates in Bulgaria
Carbonates in Bulgaria The demand for carbonates in Bulgaria was impacted adversely by increased unit prices in the second half of the review period. In 2024, the average retail current unit price of carbonates rose above the rate of inflation, which was lower than in 2022 and 2023, but remained sig ... Read More
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Tea in Hungary
Tea in Hungary In the highly challenging years of 2022-2023, the consumption of tea in Hungary suffered heavily from price increases, amid higher costs of packaging materials and logistics and high inflation. In 2024, as the rate of inflation and price rises eased, off-trade and total volume sales o ... Read More
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RTD Coffee in Saudi Arabia
RTD Coffee in Saudi Arabia Saudi Arabia is set to witness dynamic growth in RTD coffee in off-trade volume terms in 2024, albeit from a relatively low base. This growth is largely driven by the country’s deep-rooted cultural affinity for coffee, which remains an integral part of daily life and socia ... Read More
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RTD Tea in the Philippines
RTD Tea in the Philippines Building on the momentum of the past two years, RTD tea sales in the Philippines are poised for healthy growth in off-trade channels in 2024. In addition to the easing of unit price hikes, the return to normal, fast-paced lifestyles has driven an increase in impulse purcha ... Read More
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Energy Drinks in Saudi Arabia
Energy Drinks in Saudi Arabia Sales of energy drinks in Saudi Arabia are set to experience positive growth in off-trade volume terms in 2024, reversing a steady decline observed between 2019 and 2023. The energy drink market in Saudi Arabia has long been driven by Generation Z, particularly teenager ... Read More
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RTD Coffee in Bulgaria
RTD Coffee in Bulgaria Despite a very low sales base and strong initial development, RTD coffee in Bulgaria witnessed good, but slower off-trade volume and current value growth in 2024. Moreover, the category remained negligible in on-trade terms at the end of the review period. Financial concerns p ... Read More
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Sports Drinks in Finland
Sports Drinks in Finland Sports drinks in Finland continued to capture consumer interest in 2024, and the landscape has significant potential for growth. As more Finns embrace active lifestyles, there is a growing demand for beverages that help support wellbeing and hydration during and after exerci ... Read More
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RTD Tea in Saudi Arabia
RTD Tea in Saudi Arabia Despite being a niche in Saudi Arabia, RTD tea is experiencing strong growth across both off- and on-trade channels. The Kingdom's extreme heat, particularly during the summer months, drives consumer demand for cold and hydrating beverages, making RTD tea a popular choice for ... Read More
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Coffee in Hungary
Coffee in Hungary Coffee in Hungary saw consumption fall heavily in total volume terms in 2022 and 2023, amid strong price increases. Over 2024, total volume sales decreased at a much slower rate and by the end of the year there were signs of recovery in coffee consumption. While on-trade volume sal ... Read More