Category: Beverages
Beverages market research reports by Euromonitor International
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Coffee in Spain
Coffee in Spain Led by the strong performance of fresh coffee beans, total volume sales of coffee in Spain are set to rise slightly in 2024. In the retail channel, both standard fresh ground coffee and fresh coffee beans are expected to grow in volume terms during this year. The strong development o ... Read More
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Sports Drinks in South Korea
Sports Drinks in South Korea Sports drinks in South Korea is set to maintain solid but slowing off-trade volume growth in 2024. The health and wellness trend continues to impact consumer behaviour in soft drinks in the country, and sports drinks is no exception. Traditionally, sports drinks have bee ... Read More
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Tea in the United Kingdom
Tea in the United Kingdom Tea in the UK is experiencing a notable shift, with fruit/herbal tea driving category growth, while traditional black tea faces challenges. In 2024, demand for tea is declining in both retail and foodservice channels, as the performance of black tea, traditionally the large ... Read More
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RTD Coffee in Colombia
RTD Coffee in Colombia RTD coffee is a small category within soft drinks with sales having declined sharply earlier in the review period because Café Latte Alpina Juan Valdez and Starbucks left the market. These brands had limited availability, mostly at modern retailers, and had high prices. With c ... Read More
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Tea in Spain
Tea in Spain Sales of tea are expected to largely stagnate in Spain during 2024, with retail volume sales set to fall slightly when compared with 2023. However, retail current value sales are set to see low growth, although much of this is due to the higher cost of production and inflationary pressu ... Read More
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Bottled Water in South Korea
Bottled Water in South Korea Bottled water in South Korea is set to see double-digit off-trade volume growth in 2024. The COVID-19 pandemic has significantly altered consumer behaviour regarding the consumption of bottled water in the country. As the number of small households (one- and two-person h ... Read More
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RTD Tea in Colombia
RTD Tea in Colombia RTD tea displayed modest volume growth during 2024 in off- and on-trade terms, as prices continued to be impacted by the health tax which had a direct impact on prices. Soft drinks, including RTD tea, with less than 6g of sugar are exempt from the health tax. Products with 6-10g ... Read More
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Coffee in Saudi Arabia
Coffee in Saudi Arabia Coffee holds a special place in Saudi Arabian culture. Traditional Saudi coffee, known as ""qahwa,"" is not only regarded as a drink, but rather, a symbol of hospitality, reflecting the country’s rich history of consumption. In recent years, there has been a notable shift in c ... Read More
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Juice in Vietnam
Juice in Vietnam In 2024, on-trade and off-trade volume sales of juice in Vietnam are expected to experience growth due to consumers’ increased awareness of healthy lifestyles, and disease prevention following the COVID-19 pandemic. An increasing number of consumers are tending to decrease their sug ... Read More
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Hot Drinks in South Korea
Hot Drinks in South Korea In 2024, coffee remains the dominant force within hot drinks in South Korea, continuing to drive overall industry dynamics, despite facing several challenges and opportunities. Hot drinks is heavily influenced by evolving consumer preferences, economic pressures, and the in ... Read More
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Hot Drinks in Spain
Hot Drinks in Spain After a challenging 2023, which was characterised by a tough economic environment that saw high inflation and rising prices, hot drinks companies were hoping for a better year in Spain in 2024. This was particularly needed because prior to 2023 and 2024 the influence of the pande ... Read More
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RTD Tea in Vietnam
RTD Tea in Vietnam RTD tea in Vietnam is set to experience double-digit growth rates both on-trade and off-trade in both volume and current value terms in 2024. The hotter weather caused by the El Nino phenomenon is one factor which has been driving growth. In addition, there has been a significant ... Read More
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RTD Coffee in South Korea
RTD Coffee in South Korea RTD coffee in South Korea faced a declining trend in off-trade volume terms in 2023, which is set to continue in 2024. RTD coffee, traditionally valued for its convenience, is increasingly being challenged by the rising consumer preference for low cost, experience-oriented ... Read More
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Tea in Vietnam
Tea in Vietnam While the price of raw coffee has increased by two to three times in the past year, increasing the cost of this product, the price of raw tea has been relatively stable. However, consumers are still concerned about the economic downturn, and feel insecurity about job losses caused by ... Read More
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Energy Drinks in Vietnam
Energy Drinks in Vietnam In 2024, energy drinks in Vietnam is expected to maintain strong growth rates across both the off-trade and on-trade channels in both volume and current value terms. This positive performance can be attributed to the increased demand for energy drinks driven by more stressfu ... Read More
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Coffee in South Korea
Coffee in South Korea Since the COVID-19 pandemic, coffee has largely reached a state of stagnation in South Korea. While there has been some recovery in foodservice volume sales as social activities have resumed, the retail channel has been struggling to achieve growth in volume terms. Despite this ... Read More
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Tea in Hong Kong, China
Tea in Hong Kong, China Tea in Hong Kong is a mature category with a long, rich history, and therefore brands must continuously innovate to capture consumer interest in this highly competitive landscape. While demand for tea remains stable, players are employing various strategies to attract custome ... Read More
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Concentrates in Vietnam
Concentrates in Vietnam In 2024, concentrates in Vietnam is set to see growth in off-trade volume sales, mainly due to a rise in domestic tourism, as well as an increase in inbound tourists visiting the country. In the first nine months of 2024, Vietnam welcomed over 12.5 million international visit ... Read More
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Energy Drinks in South Korea
Energy Drinks in South Korea In 2024, energy drinks in South Korea is set to experience continued dynamic off-trade volume growth, with both regular and reduced sugar energy drinks expected to see rising sales. Due to the health trend, many consumers are interested in reduced and zero sugar options. ... Read More
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Tea in the US
Tea in the US After Unilever spun off its tea portfolio to CVC Capital Partners and became what seemed a premium-leaning rebranding in Ekaterra, 2023 saw yet another rebranding, as the company embraced the identity of its globally dominant Lipton brand. Focusing additionally on the theme of “infusio ... Read More
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Other Hot Drinks in the US
Other Hot Drinks in the US Pressed by food inflation, malt-based hot drinks and chocolate-based flavoured powder drinks have both been declining in retail volume terms in the US, after seeing a brief post-pandemic surge, and declines are expected to continue in 2024. Value sales are set to be able t ... Read More
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Coffee in the US
Coffee in the US Convenience is king in coffee, and while coffee pods commanded this trend in the pandemic era, instant coffee has dramatically prospered at the end of the review period, despite its historical malignment. While post-pandemic consumption occasions seemed destined to shift coffee cons ... Read More
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Sports Drinks in Vietnam
Sports Drinks in Vietnam In 2024, sports drinks in Vietnam is expected to record solid volume and current value growth rates both on-trade and off-trade. This is largely thanks to regular sports events, such as marathons, organised by companies and sports organisations throughout the year; for insta ... Read More
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Bottled Water in Colombia
Bottled Water in Colombia Bottled water was one of the best performing soft drinks categories in Colombia in 2024. Climate change has impacted temperatures in Colombia, with some regions reaching temperatures of 42°C in 2024, while other cities like Bogotá with a normal temperature around 13°C, reac ... Read More
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Asian Speciality Drinks in South Korea
Asian Speciality Drinks in South Korea In 2024, although off-trade volume sales of Asian speciality drinks are expected to see a slight decline in South Korea, this is after several years of growth, especially during the pandemic, and sales remain at a higher level than in 2019. The global popularit ... Read More
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