The eCommerce Hot Drinks market is a segment of online retail that specializes in selling various types of hot beverages, such as coffee, tea, and hot chocolate, through electronic channels. This market includes both online retailers that exclusively sell hot drinks, as well as traditional brick-and-mortar stores that have an online presence.
The purpose of eCommerce Hot Drinks is to provide consumers with a convenient and accessible way to purchase a wide variety of hot beverages from the comfort of their own homes. With the increasing popularity of online shopping and home delivery services, eCommerce has become an important sales channel for the hot beverage industry.
The relevance of the eCommerce Hot Drinks market lies in its ability to offer consumers a wide variety of hot beverages from around the world, including unique and specialty products that may not be available at local stores. Additionally, eCommerce provides consumers with access to detailed product information, reviews, and ratings to help them make informed purchasing decisions.
Examples of successful eCommerce Hot Drinks businesses include Starbucks, Dunkin' Donuts, and Teavana, which offer a wide variety of hot beverages that can be ordered online and delivered to consumers' homes. Other popular eCommerce retailers such as Amazon and Walmart also offer a selection of hot beverages on their websites.
The eCommerce market for Hot Drinks consists of three different markets:
The Cocoa market includes powder and powder mixes for the preparation of cocoa drinks or hot chocolate. It does not include other products based on cocoa (such as chocolate bars) or premade, Ready-to-Drink cocoa drinks.
The Coffee market contains Roast Coffee, that incorporates caffeinated and decaffeinated 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 includes soluble coffee that does not need further equipment for preparation. The market does not include Ready-to-Drink coffee beverages.
The Tea market comprises black tea, green tea and mate sold in tea bags or as loose-leaf tea. This segment does not include herbal tea, instant tea, iced tea or similar tea-derived Ready-to-Drink beverages.
Hot Drinks comprises revenues, users, average revenue per user, and penetration rates. Revenues are derived from annual filings, national statistical offices, Google- and Alibaba-Trends and industry knowledge. Sales Channels show online and offline revenue shares, as well as, desktop and mobile sales distribution. Revenues are including VAT. The market only displays B2C revenues and users for the above-mentioned markets, hence C2C, B2B and reCommerce is not included. Additional definitions can be found on each respective market page.
Key players in the market are companies like Amazon, JD, Tmall, Walmart, Taobao and Shopee.
Market numbers for the total market sizes (online + offline) can also be found on the respective pages of the Consumer Market Insights.
Roast coffee such as Folgers
Instant coffee such as Maxwell House
Tea such as Lipton
Cocoa such as Nestle
RTDs derived from coffee, tea, or cocoa (eg, ice tea) such as Starbucks, and Nestle
Data refers to B2C enterprises. Figures are based on the sale of physical goods via a digital channel to a private end consumer. This definition encompasses purchases via desktop computers (including notebooks and laptops) as well as purchases via mobile devices (e.g., smartphones and tablets). The following are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streams, digitally distributed goods in B2B markets, and the digital purchase or resale of used, defective, or repaired goods (reCommerce and C2C). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
Modeling approach / Market size:
Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Statista Global Consumer Survey), data on shopping behavior (e.g., Google Trends, Alibaba Trends), and performance factors (e.g., user penetration, price/product). Furthermore, we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, internet penetration, and population. This data helps us estimate the market size for each country individually.
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, internet penetration, and population.
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The impact of the Russia/Ukraine war is considered at a country-specific level.