Today: February 12, 2016, 1:15 pm
  
Finance

Global hot drinks market: $130 billion industry in 2012

companiesandmarkets.com
companiesandmarkets.com
Hot Drinks in 2013: Creating an Experience, Finding the Value - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-22 09:18:02
The global hot drinks market is currently valued at around $130 billion, although it is still dwarfed by both soft drinks and alcoholic drinks. In terms of volume in 2012, the hot drinks industry reached 514 billion RTD litres, which is split into three categories; coffee at 162 billion RTD litres; tea at 290 billion RTD litres; and other hot drinks at 63 billion RTD litres.

Though far smaller in value terms, the global hot drinks market accounts for almost one third of global beverage volume consumption (excluding tap water and unpackaged beverages), reflecting the age-old importance of tea and coffee to social life across the globe.

Hot drinks consumption as a percentage of total liquid consumption continued to grow between 2007 and 2012, as consumption of packaged hot drinks (versus unpackaged, bulk products) continued to expand in markets like China. Indeed, the push for branded products is a key theme of this report, and will continue to serve as a primary means of adding value going forward.

Key Findings

- Establishing familiarity is not the problem, instead the story is one of maintaining relevance and building value add amidst a growing sea of choices; however, the opportunities are there.

- While coffee and, to a lesser extent, other hot drinks have become highly value-added consumer products, heavily influenced by branding and often serving very specific use occasions, tea remains far more of an artisanal product.

- Far more than coffee or other hot drinks, global tea sales are driven by demand from a select few markets, China above all. Value opportunities remain in the world´s core tea-dominated markets, as consumers continue to trade up to bagged teas, instant teas and other value-added products.

- While young people in emerging markets are important to growth for almost any global packaged goods manufacturer, they are absolutely central in other hot drinks, and will remain so going forward.

Click for report details: www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..

Browse all Food and Drink Market Research Reports www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..

Browse all Food and Drink Company Profile Reports www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 520 Words
Related Articles
 
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..]
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.