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Global Hot Drinks Market 2021

January 2022 | 14 pages | ID: GA2D250E122CEN
StrategyHelix Inc

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Hot beverages such as tea and coffee are frequently served at temperatures near their brewing temperature. Consumption of hot drinks help in lowering stress and reducing the prevalence of various lifestyle related diseases such as blood pressure, obesity, and stress. The global hot drinks market is set to increase by US$ 66,072 million from 2021 to 2027, representing a compound annual growth rate (CAGR) of 5.4% during the forecast period. Rising awareness among the young population regarding the health benefits of consuming hot drinks, changing lifestyles, increasing product availability and retail outlet are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for hot drinks. The global hot drinks market is segmented on the basis of product, distribution channel, and region. On the basis of product, the global hot drinks market has been segmented into coffee, tea, others. Among these, the coffee segment was accounted for the highest revenue generator in 2020. By distribution channel, the global hot drinks market has been segmented into supermarkets & hypermarkets, groceries, online retailing, others. The groceries segment is estimated to account for the largest share of the global hot drinks market. In terms of geography, the global hot drinks market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, Latin America.

The global hot drinks market is highly competitive. Some of the leading companies operating in the market are Ajinomoto Co. Inc., Ito En Ltd., JDE Peet's N.V., Luigi Lavazza S.p.A., Nestle S.A., Tata Consumer Products Ltd., Tchibo GmbH, The J. M. Smucker Company, The Kraft Heinz Company, UCC Holdings Co. Ltd., Unilever PLC, Yunnan Taetea Tea Industry Group Co. Ltd (TaeTea Group), Zhejiang Xiangpiaopiao Co. Ltd.

Report Scope
Product: coffee, tea, others
Distribution channel: supermarkets & hypermarkets, groceries, online retailing, others
Region: North America, Asia Pacific, Europe, Middle East and Africa, Latin America
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the global hot drinks market
Pinpoint growth sectors and trends for investment
PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. HOT DRINKS MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRODUCT

Coffee
Tea
Others

PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL

Supermarkets & hypermarkets
Groceries
Online retailing
Others

PART 5. MARKET BREAKDOWN BY REGION

North America
Asia Pacific
Europe
Middle East and Africa
Latin America

PART 6. KEY COMPANIES

Ajinomoto Co., Inc.
Ito En, Ltd.
JDE Peet's N.V.
Luigi Lavazza S.p.A.
Nestle S.A.
Tata Consumer Products Ltd.
Tchibo GmbH
The J. M. Smucker Company
The Kraft Heinz Company
UCC Holdings Co., Ltd.
Unilever PLC
Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
Zhejiang Xiangpiaopiao Co., Ltd.
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