
Tea in New Zealand
Description
Tea in New Zealand
New Zealand has been contending with high inflation rates, surpassing 6% in recent years, prompting the Reserve Bank to raise interest rates to near-record levels. This measure, aimed at curbing inflation, has led to rising mortgage rates and rents, ultimately reducing discretionary spending among consumers. Statistics NZ data reveal a 3% decline in electronic card spending on hospitality during the first half of 2024, with several long-established restaurants, bars, and cafés closing due to det...
Euromonitor International's Tea in New Zealand report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, 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 2028 illustrate how the market is set to change.
Product coverage: Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Other 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 Tea 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
21 Pages
- Tea in New Zealand
- Euromonitor International
- November 2024
- List Of Contents And Tables
- TEA IN NEW ZEALAND
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Cost of living pressures drive shift from foodservice to off-trade
- Broader inflationary pressures begin to ease, yet tea prices continue to grow
- Zealong Tea gains international recognition
- PROSPECTS AND OPPORTUNITIES
- On-trade expected to rebound as the economy recovers
- Threat of RTD tea amidst a broader shift away from hot drinks
- Artisanal blends set to drive growth in loose leaf tea
- CATEGORY DATA
- Table 1 Retail Sales of Tea by Category: Volume 2019-2024
- Table 2 Retail Sales of Tea by Category: Value 2019-2024
- Table 3 Retail Sales of Tea by Category: % Volume Growth 2019-2024
- Table 4 Retail Sales of Tea by Category: % Value Growth 2019-2024
- Table 5 NBO Company Shares of Tea: % Retail Value 2020-2024
- Table 6 LBN Brand Shares of Tea: % Retail Value 2021-2024
- Table 7 Forecast Retail Sales of Tea by Category: Volume 2024-2029
- Table 8 Forecast Retail Sales of Tea by Category: Value 2024-2029
- Table 9 Forecast Retail Sales of Tea by Category: % Volume Growth 2024-2029
- Table 10 Forecast Retail Sales of Tea by Category: % Value Growth 2024-2029
- HOT DRINKS IN NEW ZEALAND
- EXECUTIVE SUMMARY
- Hot drinks in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- Foodservice vs retail split
- What next for hot drinks?
- MARKET DATA
- Table 11 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2019-2024
- Table 12 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2019-2024
- Table 13 Retail Sales of Hot Drinks by Category: Volume 2019-2024
- Table 14 Retail Sales of Hot Drinks by Category: Value 2019-2024
- Table 15 Retail Sales of Hot Drinks by Category: % Volume Growth 2019-2024
- Table 16 Retail Sales of Hot Drinks by Category: % Value Growth 2019-2024
- Table 17 Foodservice Sales of Hot Drinks by Category: Volume 2019-2024
- Table 18 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2019-2024
- Table 19 Total Sales of Hot Drinks by Category: Total Volume 2019-2024
- Table 20 Total Sales of Hot Drinks by Category: % Total Volume Growth 2019-2024
- Table 21 NBO Company Shares of Hot Drinks: % Retail Value 2020-2024
- Table 22 LBN Brand Shares of Hot Drinks: % Retail Value 2021-2024
- Table 23 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2019-2024
- Table 24 Retail Distribution of Hot Drinks by Format: % Volume 2019-2024
- Table 25 Retail Distribution of Hot Drinks by Format and Category: % Volume 2024
- Table 26 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2024-2029
- Table 27 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2024-2029
- Table 28 Forecast Retail Sales of Hot Drinks by Category: Volume 2024-2029
- Table 29 Forecast Retail Sales of Hot Drinks by Category: Value 2024-2029
- Table 30 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2024-2029
- Table 31 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2024-2029
- Table 32 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2024-2029
- Table 33 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2024-2029
- Table 34 Forecast Total Sales of Hot Drinks by Category: Total Volume 2024-2029
- Table 35 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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