Hot Drinks: market data & analysis

Market Insights report

Hot Drinks: market data & analysis

The market for Hot Drinks is a growing market, as rising employment levels have driven up caffeination demand across the board. At the same time, increasing discretionary spending power has fueled the appetite for indulgence among consumers as well as a desire for novel experiences, which in turn has driven premiumization and sophistication.


What's included?

  • Market Overview and all relevant sales figures
  • Consumer insights and trends
  • Sales channels and competitive analysis
  • Segment deep dives
  • Country and regional comparison
  • Market forecasts

Table of contents

The Hot Drinks market includes powders, leaves and mixes for the preparation of beverages that are usually, but not exclusively, consumed hot. The market is further differentiated into the segments Coffee (itself broken down into Roast and Instant Coffee), Tea and Cocoa. The data only covers at-home sales (e.g., sales via supermarkets, hypermarkets, convenience stores). All sales are valued at consumer prices inclusive of all sales taxes.

In general, the Hot Drinks market is expected to grow at an annualized rate of 5.35% in nominal terms between 2023 and 2028. The market's largest segment is the Tea segment with revenues of US$121bn in 2023.

This report gives an overview of the Hot Drinks market from an international perspective. Besides relevant market figures like total and per capita revenue & volume forecasts for the years 2018 to 2028, it furthermore provides detailed insights into consumer behavior, key players and relevant market drivers.

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