
Hot Drinks in Hong Kong, China
Description
Hot Drinks in Hong Kong, China
Demand for hot drinks continues to grow through retail in 2022, despite a challenging environment in Hong Kong where consumers are shifting their attention to foodservice in line with an easing of restrictions, especially for fresh coffee. This shift can be attributed to the transformation of local consumer tastes as they start to seek greater variety and more sophisticated flavours from different origins. They also increasingly consider the consumption of hot drinks as an experience and an oppo...
Euromonitor International's Hot Drinks in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2017-2021, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2026 illustrate how the market is set to change.
Product coverage: Coffee, Other Hot Drinks, Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Hot Drinks market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Demand for hot drinks continues to grow through retail in 2022, despite a challenging environment in Hong Kong where consumers are shifting their attention to foodservice in line with an easing of restrictions, especially for fresh coffee. This shift can be attributed to the transformation of local consumer tastes as they start to seek greater variety and more sophisticated flavours from different origins. They also increasingly consider the consumption of hot drinks as an experience and an oppo...
Euromonitor International's Hot Drinks in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2017-2021, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2026 illustrate how the market is set to change.
Product coverage: Coffee, Other Hot Drinks, Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Hot Drinks market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
37 Pages
- Hot Drinks in Hong Kong, China
- Euromonitor International
- December 2022
- List Of Contents And Tables
- HOT DRINKS IN HONG KONG, CHINA
- EXECUTIVE SUMMARY
- Hot drinks in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- Foodservice vs retail split
- What next for hot drinks?
- MARKET DATA
- Table 1 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2017-2022
- Table 2 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2017-2022
- Table 3 Retail Sales of Hot Drinks by Category: Volume 2017-2022
- Table 4 Retail Sales of Hot Drinks by Category: Value 2017-2022
- Table 5 Retail Sales of Hot Drinks by Category: % Volume Growth 2017-2022
- Table 6 Retail Sales of Hot Drinks by Category: % Value Growth 2017-2022
- Table 7 Foodservice Sales of Hot Drinks by Category: Volume 2017-2022
- Table 8 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2017-2022
- Table 9 Total Sales of Hot Drinks by Category: Total Volume 2017-2022
- Table 10 Total Sales of Hot Drinks by Category: % Total Volume Growth 2017-2022
- Table 11 NBO Company Shares of Hot Drinks: % Retail Value 2018-2022
- Table 12 LBN Brand Shares of Hot Drinks: % Retail Value 2019-2022
- Table 13 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2017-2022
- Table 14 Retail Distribution of Hot Drinks by Format: % Volume 2017-2022
- Table 15 Retail Distribution of Hot Drinks by Format and Category: % Volume 2022
- Table 16 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2022-2027
- Table 17 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2022-2027
- Table 18 Forecast Retail Sales of Hot Drinks by Category: Volume 2022-2027
- Table 19 Forecast Retail Sales of Hot Drinks by Category: Value 2022-2027
- Table 20 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2022-2027
- Table 21 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2022-2027
- Table 22 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2022-2027
- Table 23 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2022-2027
- Table 24 Forecast Total Sales of Hot Drinks by Category: Total Volume 2022-2027
- Table 25 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2022-2027
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
- COFFEE IN HONG KONG, CHINA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Resilient category performance despite impact of fifth wave in early 2022
- Continuous growth for coffee pods driven by convenience factor
- Rising sophistication evident in greater demand for fresh coffee beans
- PROSPECTS AND OPPORTUNITIES
- Gradual shift in coffee consumption back to foodservice presents risk to at-home demand
- Rising sophistication in consumer tastes expected to increase demand for premium and sustainable coffee beans
- Sales through e-commerce set to remain elevated over forecast period
- CATEGORY DATA
- Table 26 Retail Sales of Coffee by Category: Volume 2017-2022
- Table 27 Retail Sales of Coffee by Category: Value 2017-2022
- Table 28 Retail Sales of Coffee by Category: % Volume Growth 2017-2022
- Table 29 Retail Sales of Coffee by Category: % Value Growth 2017-2022
- Table 30 Retail Sales of Fresh Ground Coffee Pods by Hard vs Soft: % Volume 2017-2022
- Table 31 NBO Company Shares of Coffee: % Retail Value 2018-2022
- Table 32 LBN Brand Shares of Coffee: % Retail Value 2019-2022
- Table 33 Forecast Retail Sales of Coffee by Category: Volume 2022-2027
- Table 34 Forecast Retail Sales of Coffee by Category: Value 2022-2027
- Table 35 Forecast Retail Sales of Coffee by Category: % Volume Growth 2022-2027
- Table 36 Forecast Retail Sales of Coffee by Category: % Value Growth 2022-2027
- TEA IN HONG KONG, CHINA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Rising health awareness drives demand for fruit/herbal tea
- Greater focus on the functionality of tea
- Premiumisation of tea as players collaborate with luxury hotels and restaurants
- PROSPECTS AND OPPORTUNITIES
- New product innovation to revive image and promote tea culture in Hong Kong
- Slow growth for instant tea due to limited availability and waning consumer interest
- RTD tea presents competition as players elevate their offers with popular brewing methods
- CATEGORY DATA
- Table 37 Retail Sales of Tea by Category: Volume 2017-2022
- Table 38 Retail Sales of Tea by Category: Value 2017-2022
- Table 39 Retail Sales of Tea by Category: % Volume Growth 2017-2022
- Table 40 Retail Sales of Tea by Category: % Value Growth 2017-2022
- Table 41 NBO Company Shares of Tea: % Retail Value 2018-2022
- Table 42 LBN Brand Shares of Tea: % Retail Value 2019-2022
- Table 43 Forecast Retail Sales of Tea by Category: Volume 2022-2027
- Table 44 Forecast Retail Sales of Tea by Category: Value 2022-2027
- Table 45 Forecast Retail Sales of Tea by Category: % Volume Growth 2022-2027
- Table 46 Forecast Retail Sales of Tea by Category: % Value Growth 2022-2027
- OTHER HOT DRINKS IN HONG KONG, CHINA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Increasing popularity of new stores specialising in artisanal/single origin blends
- Slowing demand for malt-based hot drinks in 2022
- PROSPECTS AND OPPORTUNITIES
- Reduced sugar set to be main area of new product development
- Greater sophistication needed as consumers shift away from chocolate-based flavoured powder drinks
- Limited new brand entries and product innovation as consumers shift to foodservice
- CATEGORY DATA
- Table 47 Retail Sales of Other Hot Drinks by Category: Volume 2017-2022
- Table 48 Retail Sales of Other Hot Drinks by Category: Value 2017-2022
- Table 49 Retail Sales of Other Hot Drinks by Category: % Volume Growth 2017-2022
- Table 50 Retail Sales of Other Hot Drinks by Category: % Value Growth 2017-2022
- Table 51 NBO Company Shares of Other Hot Drinks: % Retail Value 2018-2022
- Table 52 LBN Brand Shares of Other Hot Drinks: % Retail Value 2019-2022
- Table 53 Forecast Retail Sales of Other Hot Drinks by Category: Volume 2022-2027
- Table 54 Forecast Retail Sales of Other Hot Drinks by Category: Value 2022-2027
- Table 55 Forecast Retail Sales of Other Hot Drinks by Category: % Volume Growth 2022-2027
- Table 56 Forecast Retail Sales of Other Hot Drinks by Category: % Value Growth 2022-2027
Pricing
Currency Rates
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