The combined revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the combined revenue reaches the maximum value for all three different segments at the end of the comparison period. Particularly noteworthy is the segment Coffee, which has the highest value of 163.9 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Hot Drinks market includes the Coffee, Tea, and Cocoa market. In the Hot Drinks market, products in dry form (such as powders, beans, and leaves) are covered. The drink is prepared by adding liquids, such as hot water or milk, to the product. Ready-to-Drink (RTD) Coffee and Tea products in liquid form are in the corresponding segment in the Non-Alcoholic Drinks market.
Structure:
The Hot Drinks market is divided into the Coffee market, the Tea market, and the Cocoa market.
The Coffee market consists of Roast Coffee in the form of ground coffee and whole beans, that is prepared with coffee machines or a French press, as well as Instant Coffee that only requires the addition of hot water.
The Tea market consists of black tea, green tea, and mate sold in tea bags or as loose-leaf tea.
The Cocoa market contains powder and powder-mixes for the preparation of cocoa drinks or hot chocolate.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per kilogram , as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (August 29, 2024). Revenue of hot drinks in Europe from 2019 to 2029, by type (in million US dollars) [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/forecasts/707444/hot-drinks-revenue-by-type-europe
Statista. "Revenue of hot drinks in Europe from 2019 to 2029, by type (in million US dollars)." Chart. August 29, 2024. Statista. Accessed November 14, 2024. https://www.statista.com/forecasts/707444/hot-drinks-revenue-by-type-europe
Statista. (2024). Revenue of hot drinks in Europe from 2019 to 2029, by type (in million US dollars). Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/forecasts/707444/hot-drinks-revenue-by-type-europe
Statista. "Revenue of Hot Drinks in Europe from 2019 to 2029, by Type (in Million Us Dollars)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/forecasts/707444/hot-drinks-revenue-by-type-europe
Statista, Revenue of hot drinks in Europe from 2019 to 2029, by type (in million US dollars) Statista, https://www.statista.com/forecasts/707444/hot-drinks-revenue-by-type-europe (last visited November 14, 2024)
Revenue of hot drinks in Europe from 2019 to 2029, by type (in million US dollars) [Graph], Statista, August 29, 2024. [Online]. Available: https://www.statista.com/forecasts/707444/hot-drinks-revenue-by-type-europe