Hot Drinks Market

Report Highlights

The scope of this report is broad and covers different types of hot drinks, along with the distribution channels and major regions. The market is broken down by types of hot drinks, applications, and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of hot drinks, application, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional hot drinks markets; it explains the major market drivers of the global hot drinks industry, current trends within the industry, major applications, and the regional dynamics of the global hot drinks market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global hot drinks industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global hot drinks market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global hot drinks market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for hot drinks, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the hot drinks market as compared to overall global economy.
• Insight into the growth development strategies of major hot drinks manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including Tazo Tea Company; Tata Global Beverages; Keurig Green Mountain; Costa Coffee; Starbucks; Celestial seasoning Inc.; Caffe Nero; Ajinomoto General Foods Inc.; Associated British Foods and Others.

Summary

The global hot drinks market will grow from over $285 billion in 2020 to $396 billion by 2025 at a five-year CAGR of 6.8%. The market for hot drinks is expected to grow mainly due to consumer awareness, high disposable income, increasing per capita income expected to increase the spending power of the people.

The demand for organic tea and coffee is expected to grow with an approximate a high CAGR of 6.8% from 2020 to 2025 due to high acceptance level among consumers. This is because of a low-price difference between the conventional organic tea and coffee and organic tea and coffee which is on an average of 20%. Countries such as China, Mexico, and India are the large producers of organic tea and coffee. Nearly 90% of their production is exported to the U.S. and Europe.
Hot Drinks is sold through various direct and indirect channels. Under in-direct channels, hot drinks are sold via specialty stores, convenience stores, commercial, hotel/restaurants, bars, online retailers and others.