Hot Beverages (Coffee & Tea) Market
Hot Beverages Market Analysis by Coffee, Tea, and Cocoa for Out of Home and At Home Consumption from 2023 to 2033
Analysis of Hot Beverages (Coffee & Tea) Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Hot Beverages (Coffee & Tea) Market Outlook 2023-2033
Global demand for hot beverages is anticipated to increase at a CAGR of 6% during the forecast period (2023 to 2033). As a result, the global hot beverages (coffee & tea) market is expected to increase from a valuation of US$ 771 billion in 2023 to US$ 1,390 billion by the end of 2033.
Hot beverages are consumed to remain energetic and warm. In recent years, the demand for various hot beverages has been increasing rapidly around the world. Tea and coffee are frequently consumed by people across the globe and are considered highly energetic hot beverages. A lot of health benefits are associated with the consumption of hot beverages.
These beverages are helpful for the relaxation of the brain muscles, further helping to stimulate the level of energy. Price, convenience, and taste are three vital factors that are estimated to benefit the growth of the hot beverages market over the coming years.
People around the world are taking interest in different coffee flavors. French vanilla, hazelnut, mocha, caramel, maple, etc. are different coffee flavors, which are gaining traction. Hot beverages such as tea and coffee are popular owing to their detoxifying and de-stressing advantages.
In the past few years, there has been a noticeable increase in the number of cafes and coffee shops, around the world. McDonald’s is one the leading café chains offering coffee as an alternative to its fizzy beverages. These initiatives by cafes and restaurant chains are predicted to increase sales of tea and coffee in the global hot beverages market.
Demand for green tea is anticipated to increase over the coming 10 years. Furthermore, manufacturers are taking initiatives to introduce ready-to-drink (RTD) beverages, including coffee pods that are widely used to prepare coffee by dipping them in water. These innovations are projected to fuel demand for hot beverages over the forecast period.
However, the prices of raw materials are not fixed but rather keep on fluctuating on a regular basis, which is estimated to impact the sales of hot beverages to some extent. Moreover, the demand for hot beverages is also based on seasons, which results in a reduction in their sales mostly during the summers.
In addition, excess consumption of hot beverages can adversely impact human health. Addiction to tea and coffee can result in anxiety and can also lead to the formation of carcinogens.
In this recently published research report by Fact.MR, a provider of market research and competitive intelligence, various growth determinants and segments, including distribution channel, product type, application, and region are discussed in detail. Further, key data analysis is also provided in the form of infographics, statistics, and presentations.
Report Attributes |
Details |
|
Hot Beverages (Coffee & Tea) Market Size in 2023 |
US$ 771 Billion |
|
Estimated Market Value (2033) |
US$ 1,390 Billion |
|
Global Market Growth Rate (2023 to 2033) |
6% CAGR |
|
Canada Market Growth Rate (2023 to 2033) |
4.8% CAGR |
|
Germany Market Growth Rate (2023 to 2033) |
4.3% CAGR |
|
Key Companies Profiled |
|
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Which Factors are Stimulating the Demand for Hot Beverages?
“Growing Awareness about Harmful Effects of Carbonated Drinks”
In recent years, there has been a rising awareness among consumers about the harmful effects associated with carbonated drinks. As a result, their choices are shifting from carbonated drinks to hot beverages. Young people are getting attracted to the different health benefits of hot beverages. Tea and coffee prevent harmful diseases, including obesity, blood pressure, diabetes, etc.
“Product Innovations in Hot Beverages”
Manufacturers of hot beverages use a wide variety of ingredients to produce innovative flavors of coffee and tea with added health benefits. Many individuals look for new fancy hot beverage options, including lattes, americanos, flat whites, cappuccinos, etc., which are gaining popularity. The increasing demand for new flavors of coffee and tea can bring lucrative opportunities for new entrants in the hot beverages market.
Which Factors Can Adversely Impact the Sales of Hot Beverages?
“Increasing Popularity of Cold Beverages and Fluctuations in Prices of Raw Materials”
Generation Y is more inclined to consume cold beverage products, including iced tea, cold coffee, etc. Many people are consuming cold beverages due to their ability to help in maintaining lower core temperature.
The constantly fluctuating prices of raw materials are expected to slow down the demand for hot beverages. Also, the demand for hot beverages is based on the season, which can result in reduced sales during the summer.
Which Factors are Projected to Fuel the Demand for Coffee & Tea in Asia Pacific?
“Increasing Number of Franchise Outlets in the Region”
Asia Pacific is anticipated to hold a substantial share of global revenue, which is expected to increase at a CAGR of 8% during the forecast period from 2023 to 2033. This remarkable growth is attributed to the growing number of franchise outlets across the region.
Increasing number of different hot beverage brands in the region is also predicted to have a positive impact on sales of hot beverages. In addition, the rising population of millennials, who are considered prominent consumers of tea and coffee, is expected to drive the demand for hot beverages over the coming years.
Several consumers want authentic and unique flavor options of tea in the Asia Pacific. Increasing awareness about the advantages of hot beverages and a growing millennial population are some noteworthy factors fueling demand for hot beverages in the market.
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Country-wise Insights
How is Japan Expected to Perform in the Hot Beverages Market?
“High Popularity of Tea in Japan Offering New Opportunities”
Demand for hot beverages (coffee & tea) in Japan is projected to grow at a CAGR of 3.4% during the forecast period from 2023 to 2033. Tea is considered to be the most popular beverage in Japan. It is a part of Japanese food culture and there are a few restaurants in Japan, which serve tea free of cost.
Which Factor is Propelling the Demand for Hot Beverages in the United States?
“Rising Cases of Obesity Fueling Consumption of Hot Beverages”
Sales of hot beverages in the United States were more than US$ 176.5 billion in the year 2022. Various types of ready-to-drink tea, including capsules, tea bags, and others are gaining popularity in the United States. One out of every six people is suffering from obesity, which can lead to some severe health issues. So, Americans are shifting their preferences from soda and other related drinks to hot beverages, including tea and coffee.
Demand for hot beverages in Canada is anticipated to increase at a CAGR of 4.8% from 2023 to 2033.
Should Suppliers of Hot Beverages Look towards Germany?
“Growing Demand for Instant Coffee and Ready-to-Drink Products”
Sales of hot beverages in Germany are forecasted to progress at a CAGR of 4.3% from 2023 to 2033. This growth is due to the rising demand for coffee pods in Germany. In addition, increasing sales of instant coffee and ready-to-drink products are expected to generate lucrative opportunities for suppliers of hot beverages.
Category-wise Insights
Why is Demand for Coffee Increasing around the World?
“Rising Production of Innovative and New Coffee Flavors”
Based on product, the global hot beverages market is classified into coffee, tea, and cocoa. Among these, sales of coffee are estimated to increase rapidly at a CAGR of 7.7% from 2023 to 2033. Rising demand for different varieties of organic coffee has resulted in the production of new and innovative varieties and flavors by manufacturers.
Coffee shops are concentrating on providing natural and instant coffee to youngsters as they prefer coffee over other drinks because coffee contains a higher amount of caffeine, which quickly refreshes the mind.
Tea is projected to advance at a CAGR of 5.4% through 2033, owing to its increased production and consumption in the Asia Pacific region, including Pakistan, Thailand, China, and India. Manufacturers are concentrating on developing unique tea flavors to increase their sales. There is an increase in the demand for masala tea packets because these are considered helpful in improving the immune system’s health.
Which is a Widely Used Distribution Channel to Sell Hot Beverages?
“Offline Distribution Channels Hold Substantial Market Share”
Based on distribution, the global market is classified into offline and online channels. Between these two, offline distribution channels are used extensively for the delivery of different hot beverages and are projected to hold a noticeable share of market revenue.
Key players are concentrating on improving supply chains. They are putting efforts to increase their presence through distributors, including retail stores, supermarkets, grocery stores, and others. Online distribution channels are also expected to grow due to the rising use of smartphones and the growth of the e-Commerce sector.
Competitive Landscape
Prominent suppliers of hot beverages (coffee & tea) are investing huge amounts to strengthen their supply chain management systems. They aim to deliver quality products and adhere to set guidelines for quality control and environmental impact.
Manufacturers are concentrating on unique and premium flavors of tea and coffee to increase their sales.
For instance :
- Organic India Company has prepared masala tea packs, which improve the immune system and metabolism.
Online distribution and premium tea lounges are expected to increase their sales of different hot beverages over the forecast period. Key suppliers of hot beverages are Celestial Seasonings, Inc., Harney & Sons, Jacobs Douwe Egberts, Luigi Lavazza S.p.A., R. Twining and Company Limited, Starbucks Corporation, Tata Global Beverages, and Tim Hortons Inc.
Segmentation of Hot Beverages (Coffee & Tea) Industry Research
-
By Product :
- Coffee
- Tea
- Cocoa
-
By Consumption Location :
- Out of Home
- At Home
-
By Distribution Channel :
- Offline
- Online
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
1. Global Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Global Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Hot Beverages (Coffee & Tea) 3.1.2. COVID-19 Crisis and Impact on Aprotic Solvent Prices 3.1.3. COVID-19 Impact Benchmark with Previous Crisis 3.1.3.1. Change in Demand 3.1.3.2. Before and After COVID-19 Crisis (Projected) 3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.3.4. Change in Demand post Recovery Period (After Each Crisis) 3.1.4. Impact on Market and Value (US$ Mn) 3.1.4.1. Likely Loss of Value in 2022 3.1.4.2. Mid-term and Long Term Forecast 3.1.4.3. Quarter by Quarter Demand and Recovery Assessment 3.1.5. Anticipated Demand and Value Recovery Curve 3.1.5.1. Likelihood of U-Shape Recovery 3.1.5.2. Likelihood of L-Shape Recovery 3.1.6. Recovery Period Assessment by Key Countries 3.1.7. Recovery Assessment by Key Market Segments 3.1.8. Action Points and Recommendations for Suppliers 3.1.9. Impact on Trade Balance 3.2. Key Trends Impacting the Market 3.3. Formulation and Consumption Location Development Trends 4. Market Background and foundation Data Points 4.1. Need of the Hour for Industries 4.2. Industry Wise Industry 4.0 4.3. Strategic Priorities 4.4. Life Cycle Stage 4.5. Importance of Technology 4.6. Use Cases of Hot Beverages (Coffee & Tea) 4.7. Forecast Factors: Relevance and Impact 4.8. Investment Feasibility Matrix 4.9. PESTLE Analysis 4.10. Porter’s Five Forces Analysis 4.11. Market Dynamics 4.11.1. Drivers 4.11.2. Restraints 4.11.3. Opportunity Analysis 4.11.4. Trend 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033 5.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2022 5.2. Current and Future Market Value (US$ Mn) Projections, 2023 to 2033 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Consumption Location 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Consumption Location, 2018 to 2022 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Consumption Location, 2023 to 2033 6.3.1. Out of Home 6.3.2. At Home 6.4. Market Attractiveness Analysis By Consumption Location 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Product , 2018 to 2022 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Product, 2023 to 2033 7.3.1. Coffee 7.3.2. Tea 7.3.3. Cocoa 7.4. Market Attractiveness Analysis By Product 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By Distribution Channel, 2018 to 2022 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Distribution Channel, 2023 to 2033 8.3.1. Offline 8.3.2. Online 8.4. Market Attractiveness Analysis By Distribution Channel 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Analysis By Region, 2018 to 2022 9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2023 to 2033 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Oceania 9.3.6. Middle East and Africa (MEA) 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 10.1. Introduction / Key Findings 10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 10.3.1. By Country 10.3.1.1. United States 10.3.1.2. Canada 10.3.2. By Consumption Location 10.3.3. By Product 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Consumption Location 10.4.3. By Product 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2023 to 2033 11.3.1. By Country 11.3.1.1. Brazil 11.3.1.2. Mexico 11.3.1.3. Rest of Latin America 11.3.2. By Consumption Location 11.3.3. By Product 11.3.4. By Distribution Channel 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Consumption Location 11.4.3. By Product 11.4.4. By Distribution Channel 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2023 to 2033 12.3.1. By Country 12.3.1.1. Germany 12.3.1.2. France 12.3.1.3. Italy 12.3.1.4. Spain 12.3.1.5. United Kingdom 12.3.1.6. BENELUX 12.3.1.7. Russia 12.3.1.8. Rest of Europe 12.3.2. By Consumption Location 12.3.3. By Product 12.3.4. By Distribution Channel 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Consumption Location 12.4.3. By Product 12.4.4. By Distribution Channel 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2023 to 2033 13.3.1. By Country 13.3.1.1. China 13.3.1.2. Japan 13.3.1.3. South Korea 13.3.2. By Consumption Location 13.3.3. By Product 13.3.4. By Distribution Channel 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Consumption Location 13.4.3. By Product 13.4.4. By Distribution Channel 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2023 to 2033 14.3.1. By Country 14.3.1.1. India 14.3.1.2. Thailand 14.3.1.3. Malaysia 14.3.1.4. Singapore 14.3.1.5. Vietnam 14.3.1.6. ANZ 14.3.1.7. Rest of South Asia & Oceania 14.3.2. By Consumption Location 14.3.3. By Product 14.3.4. By Distribution Channel 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Consumption Location 14.4.3. By Product 14.4.4. By Distribution Channel 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction / Key Findings 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2023 to 2033 15.3.1. By Country 15.3.1.1. GCC Countries 15.3.1.2. South Africa 15.3.1.3. Israel 15.3.1.4. Rest of Middle East and Africa (MEA) 15.3.2. By Consumption Location 15.3.3. By Product 15.3.4. By Distribution Channel 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Consumption Location 15.4.3. By Product 15.4.4. By Distribution Channel 16. Market Structure Analysis 16.1. Market Analysis by Tier of Companies 16.2. Market Concentration 16.3. Market Share Analysis of Top Players 16.4. Market Presence Analysis 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Competition Deep Dive 17.3.1. Celestial Seasonings, Inc. 17.3.1.1. Company Overview 17.3.1.2. Consumption Location overview 17.3.1.3. SWOT Analysis 17.3.1.4. Key Developments 17.3.2. Harney & Sons 17.3.2.1. Company Overview 17.3.2.2. Consumption Location overview 17.3.2.3. SWOT Analysis 17.3.2.4. Key Developments 17.3.3. Jacobs Douwe Egberts 17.3.3.1. Company Overview 17.3.3.2. Consumption Location overview 17.3.3.3. SWOT Analysis 17.3.3.4. Key Developments 17.3.4. Luigi Lavazza S.p.A. 17.3.4.1. Company Overview 17.3.4.2. Consumption Location overview 17.3.4.3. SWOT Analysis 17.3.4.4. Key Developments 17.3.5. R. Twining and Company Limited 17.3.5.1. Company Overview 17.3.5.2. Consumption Location overview 17.3.5.3. SWOT Analysis 17.3.5.4. Key Developments 17.3.6. Starbucks Corporation 17.3.6.1. Company Overview 17.3.6.2. Consumption Location overview 17.3.6.3. SWOT Analysis 17.3.6.4. Key Developments 17.3.7. Tata Global Beverages 17.3.7.1. Company Overview 17.3.7.2. Consumption Location overview 17.3.7.3. SWOT Analysis 17.3.7.4. Key Developments 17.3.8. Tim Hortons Inc. 17.3.8.1. Company Overview 17.3.8.2. Consumption Location overview 17.3.8.3. SWOT Analysis 17.3.8.4. Key Developments 18. Assumptions And Acronyms Used 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Consumption Location, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Consumption Location, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Consumption Location, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Product, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Product, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Consumption Location, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Consumption Location, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Consumption Location, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Product, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Product, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Consumption Location, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Consumption Location, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Consumption Location, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Consumption Location, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Consumption Location, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Consumption Location, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Product, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Product, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Consumption Location, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Consumption Location, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Consumption Location, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Consumption Location, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Consumption Location, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Consumption Location, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Consumption Location, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Consumption Location, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Consumption Location, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Product, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Product, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Consumption Location, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Consumption Location, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Consumption Location, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Product, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Product, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Product, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Consumption Location, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Consumption Location, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Consumption Location, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Product, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Product, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Product, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Consumption Location, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Consumption Location, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Consumption Location, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Product, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Product, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Product, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Consumption Location, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Consumption Location, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Consumption Location, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Product, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Product, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Product, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Consumption Location, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Consumption Location, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Consumption Location, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Product, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Product, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Product, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Consumption Location, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Consumption Location, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Consumption Location, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Consumption Location, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Consumption Location, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Consumption Location, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Product, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Product, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Product, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
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- FAQs -
What is the valuation of the hot beverages market in 2023?
The global hot beverages market is valued at US$ 771 billion in 2023.
At what rate is demand for hot beverages estimated to increase?
Demand for hot beverages is projected to advance at a CAGR of 6% during the forecast period from 2023 to 2033.
What is the forecasted valuation of the hot beverages market for 2033?
Sales of hot beverages are predicted to reach a market value of US$ 1,390 billion by the end of 2033.
What is the projected growth in demand for coffee?
Demand for coffee is projected to increase at a CAGR of 7.7% over the forecast period.
How fast is the Canadian hot beverages market forecasted to grow?
Demand for hot beverages in Canada is forecasted to progress at a CAGR of 4.8% from 2023 to 2033.
Hot Beverages (Coffee & Tea) Market