Hot drinks in 2024: The big picture
In 2024, the most established hot drinks categories in Bosnia and Herzegovina, including coffee and tea, have demonstrated signs of maturity, resulting in limited growth in consumer demand and minimal off-trade retail volume increases. While inflation has begun to subside, price increments remain significant, leading to robust rsp value growth even as consumer demand cools.
2024 key trends
Standard fresh ground coffee has experienced modest retail volume growth in 2024, which, given its dominance, has translated into similar growth for the overall coffee category. However, price increases stemming from lingering inflation have ensured that rsp value growth appears more robust.
Competitive landscape
Grand Prom ad has maintained its commanding market lead in 2024, largely due to the overwhelming dominance of its standard fresh coffee brand, Grand, within the coffee category. Vispak dd holds second place, bolstered by the strong presence of its renowned Bosnian standard fresh coffee brand, Zlatna Dzezva.
Retailing developments
Traditional grocery retailers continue to dominate the distribution of hot drinks in 2024, particularly for standard fresh coffee and tea, which are the most robust categories. However, modern grocery retailers, which are increasingly adopting multichannel approaches, are progressively capturing market share from traditional players.
Foodservice vs retail split
In 2024, foodservice sales of hot drinks have continued to grow, enabling the category to surpass pre-pandemic on-trade volume levels. All hot drinks categories have experienced recovery in on-trade volume terms, with no new disruptions to hinder the performance of horeca establishments.
What next for hot drinks?
The health and wellness trend is expected to continue influencing tea consumption positively over the forecast period, while the convenience trend will drive further growth in the fresh ground coffee pods segment. Rising consumer interest in innovative coffee products and flavours will fuel the expansion of the specialty coffee market, with time efficiency and ease of preparation becoming critical factors in purchasing decisions.
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Overview:
Understand the latest market trends and future growth opportunities for the Hot Drinks industry in Bosnia and Herzegovina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Coffee
- Tea
- Other Hot Drinks
If you're in the Hot Drinks industry in Bosnia and Herzegovina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Hot Drinks in Bosnia and Herzegovina report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Hot Drinks in Bosnia and Herzegovina?
- To what extent are health considerations impacting consumption of Hot Drinks in Bosnia and Herzegovina?
- What are the traditional preferences in Hot Drinks in Bosnia and Herzegovina? To what extent are these tastes changing amidst increasing international influence and the growth of chained cafés?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Hot Drinks in Bosnia and Herzegovina?
- Which are the leading brands in Hot Drinks in Bosnia and Herzegovina?
- How are products distributed in Hot Drinks in Bosnia and Herzegovina?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Hot Drinks?
- Where is future growth expected to be most dynamic?
Hot Drinks in Bosnia and Herzegovina
Hot drinks in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for hot drinks?
DISCLAIMER
Coffee in Bosnia and Herzegovina
KEY DATA FINDINGS
Modest growth in standard fresh ground coffee amidst changing consumer preferences
Surging demand for fresh ground coffee pods amid premiumisation and convenience trends
Instant coffee mixes thrive on innovation and youthful popularity
Demographic shifts and younger coffee drinkers bolster long-term stability
Fresh ground coffee pods to lead growth through innovation and accessibility
Instant coffee to expand through flavour innovation and e-commerce growth
Tea in Bosnia and Herzegovina
KEY DATA FINDINGS
Tea's steady presence in a coffee-dominated culture
Black tea's enduring popularity and rebound in foodservice consumption
Health and wellness trends boost green tea and herbal infusions
Moderate growth ahead for a mature market
Green tea's strong potential through flavour innovation and natural appeal
Black tea's resilience and instant tea's decline
Other Hot Drinks in Bosnia and Herzegovina
KEY DATA FINDINGS
Stability amidst demographic challenges and inflationary pressures
Dominance of chocolate-based flavoured powder drinks
Emergence of pods and capsules as a transformative trend
Sustained demand driven by younger consumers
Continued dominance of chocolate-based flavoured powder drinks
Expansion of pods and capsules to drive innovation and convenience
The following categories and subcategories are included:
Hot Drinks
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- Fresh Coffee Beans
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- Fresh Ground Coffee Pods
- Standard Fresh Ground Coffee
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- Instant Standard Coffee
- Instant Coffee Mixes
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- Loose Black Tea
- Tea Bags Black
- Fruit/Herbal Tea
- Green Tea
- Instant Tea
- Other Tea
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- Chocolate-based Flavoured Powder Drinks
- Malt-based Hot Drinks
- Non-Chocolate-based Flavoured Powder Drinks
- Other Plant-based Hot Drinks
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Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Hot Drinks research and analysis database.
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