Hot Drinks Market has shown an exceptional penetration in developed economies such as U.S., Switzerland due to the prevalence of obesity which leads to several health issues. Consumers switch their preferences towards hot drinks which will help in augmenting the growth of the market.
Hot Drinks Market Scenario
According to Data Bridge Market Research the market for hot drinks is growing due to the increasing awareness regarding the health benefits of the hot drinks such as lemon tea, green tea, detox coffee and tea. Increasing installation of coffee vending machines in offices, corporate buildings is another factor that will boost the market growth in the forecast period. Introduction of healthy products and ingredients to improve product quality is augmenting the growth of the market. The provision of premium tea lounge and online distribution acts as factor of growth in the market.
Now the question is which are the other regions intuitive is targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific hot drinks market and the market leaders targeting Japan, India and Singapore to be their next revenue pockets for 2020.
Hot drinks market is becoming more competitive every year with companies like THE COCA-COLA COMPANY entering the market space in 2019. The Data bridge market research new reports highlight the major growth factors and opportunities in the hot drinks market.
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New Hot Drinks Market Developments in 2019
- In September 2019, Honest Tea announced the launch of brew coffee in the market. It is available in three flavors such as unsweet black, just a tard sweet Cubano and just a tard sweet mocha in recyclable 11-oz glass bottles. It contains half of the sugar content as compared to other available products in the market. They deliver smooth taste in their product to target the millennials customers.
- In June 2019, THE COCA-COLA COMPANY announced the launch of ready to drink costa product in the market. It contains 30% less sugar provided by the other players in the market. It is available in three variants such as classic latte, caramel latte and black americano. It is being sold in cans of 250 ml which are 100 percent recyclable.
Scope of the Hot Drinks Market
Hot drinks market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Sweden, Poland, Denmark, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, Australia, Singapore, South Korea, Thailand, Malaysia, Vietnam, New Zealand, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Oman, Qatar, Kuwait, Saudi Arabia, South Africa, Rest of Middle East and Africa (MEA).
- All country based analysis of the hot drinks market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into coffee and tea. Based on end-users, the market is segmented into coffee shops, drink stores, food services. The distribution channel covered for the report are hypermarkets & supermarkets, convenience stores, department stores, dollar stores, variety store, cash & carries and warehouse clubs, food & drinks specialists, drug stores & pharmacies, health & beauty stores.
- Hot drinks are used to increase the energy level of the body by enhancing the mood as it contains high amount of caffeine which helps the body to charge up. The consumption of hot drinks is beneficial for health as they protect from type 2 diseases. Drinking coffee can increase the plasma level of the sex hormone binding globulin which helps to cure type 2 diseases.
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Key Pointers Covered in the Hot Drinks Market Industry Trends and Forecast to 2026
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Regulatory Framework and Changes
- Prices and Reimbursement Analysis
- Market Shares in different regions
- Recent Developments for Market Competitors
- Market upcoming applications
- Market innovators study
Key Market Competitors Covered in the report
- Associated British Foods
- JACOBS DOUWE EGBERTS
- Keurig Dr Pepper
- Tata Global Beverages
- Celestial Seasonings, Inc
- Costa Coffee
- Harney & Sons Fine Teas
- JAB Holding Company
- AJINOMOTO CO.,INC.
- Lisun Coffee
- Starbucks Corporation
- Caffè Nero
- Tazo tea company
Above are the key players covered in the report to know about more and exhaustive list of hot drinks companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-hot-drinks-market
Research Methodology: Global Hot Drinks Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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