Hot drinks volume sales experienced growth in 2024 thanks to the positive economic scenario. The overall market benefited from a slowdown in inflation, which provided a boost to disposable incomes However, growth was muted as higher temperatures favoured demand for soft drinks over hot drinks options.
Hot drinks in 2024: The big picture
The Paraguayan economy in 2024 performed even better than it did in 2023 as inflation stabilised with Paraguay emerging as one of the best performing countries in Latin America. According to the Paraguayan Central Bank’s estimation for 2024, inflation for the year end was 4.
Country background
During the last two decades, Paraguay experienced economic growth thanks to favourable terms of trade that facilitated improvements in the prices of products that the country exports. Also important were solid macroeconomic policies, which included institutional reforms such as the inflation targeting mechanism and legislation of fiscal responsibility.
Socioeconomic trends
Different socioeconomic groups buy from different outlets depending on what is available in the area in which they live. Moreover, the products they buy are also dependent on what they can afford.
Logistics/infrastructure
The condition of the roads in Paraguay is variable and dependent on the region. The most developed highways connect Asunción, Encarnacion and Ciudad del Este in the southern half of the country.
What next for hot drinks?
Although there has been a reduction in poverty in recent years, with 23% of the population living beneath the poverty line in 2024, the government continues to implement social measures to ensure continuous growth of food and beverages consumption. Under the new measures, the elderly care programme is estimated to have added 14,700 beneficiaries, while the plan for families living in poverty and vulnerability added 2,700 family groups.
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Overview:
Understand the latest market trends and future growth opportunities for the Hot Drinks industry in Paraguay 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 Paraguay, 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 Paraguay 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 Paraguay?
- To what extent are health considerations impacting consumption of Hot Drinks in Paraguay?
- What are the traditional preferences in Hot Drinks in Paraguay? 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 Paraguay?
- Which are the leading brands in Hot Drinks in Paraguay?
- How are products distributed in Hot Drinks in Paraguay?
- 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 Paraguay
Hot drinks in 2024: The big picture
Country background
Socioeconomic trends
Logistics/infrastructure
What next for hot drinks?
DISCLAIMER
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
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?
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- 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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