Hot drinks in 2024: The big picture
In 2024, the performance of hot drinks in Slovakia was impacted by a series of factors. For example, a warm and dry year negatively impacted overall hot drinks volume consumption, as consumers opted for more refreshing drinks.
2024 key trends
Price-sensitive consumer behaviour took precedence in 2024. However, consumers also considered other product features when purchasing hot drinks.
Competitive landscape
The competitive landscape remained intense in hot drinks in 2024, with strong price competition among the major brands. New product developments and innovation were also visible.
Retailing developments
The retail distribution of hot drinks in 2024 continued to see the robust popularity of supermarkets, convenience stores and hypermarkets, with discounters, small local grocers, food/drink/tobacco specialists and vending providing other significant formats. Meanwhile, forecourt retailers gained traction as new retailing concepts became more available.
Foodservice vs retail split
In 2024, the on-trade channel continued to outpace the off-trade channel in volume growth terms across hot drinks categories. While overall retail volume sales declined, this was due to the decrease in the dominant coffee category, with other hot drinks and tea seeing increases.
What next for hot drinks?
Over the forecast period, hot drinks in Slovakia is expected to be impacted by a developing premiumisation trend, supported by the improving real incomes of Slovak households. This, coupled with a greater willingness as well as ability to spend, is set to grow the offer and demand for added-value products, with an emphasis on premium quality and taste.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Hot Drinks industry in Slovakia 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 Slovakia, 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 Slovakia 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 Slovakia?
- To what extent are health considerations impacting consumption of Hot Drinks in Slovakia?
- What are the traditional preferences in Hot Drinks in Slovakia? 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 Slovakia?
- Which are the leading brands in Hot Drinks in Slovakia?
- How are products distributed in Hot Drinks in Slovakia?
- 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 Slovakia
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 Slovakia
KEY DATA FINDINGS
Rising prices continue to dampen the overall demand for coffee
Local roasters gain weight in the category
Zdrava Kava gains momentum through new product development and marketing
On-trade demand to rise as the economy and foodservice recover
Premiumisation to spur fresh coffee variants
New sugar tax to see a shift from RTD coffee
Tea in Slovakia
KEY DATA FINDINGS
Economic factors continue to shape demand
Investments in private label lines
Health and wellness attributes boost tea drinking
Players look to take advantage of price hikes in RTD tea
Ethical and sustainable thinking to shape demand trends in tea
Premiumisation to combat adverse effects of warm winters on tea consumption
Other Hot Drinks in Slovakia
KEY DATA FINDINGS
Consumers wait for price promotions and discounts amidst rising unit prices
Premiumisation trend accelerates in chocolate-based flavoured powder drinks
Economic, social and tourism trends boost on-trade volume sales
Premiumisation to push the emergence of alternatives to tea and coffee
E-commerce and large modern grocery retailers to win over consumers through selections and pricing
Sustainable production and packaging to gain weight in other hot drinks
The following categories and subcategories are included:
Hot Drinks
-
-
- Fresh Coffee Beans
-
- Fresh Ground Coffee Pods
- Standard Fresh Ground Coffee
-
- Instant Standard Coffee
- Instant Coffee Mixes
-
-
-
- Loose Black Tea
- Tea Bags Black
- Fruit/Herbal Tea
- Green Tea
- Instant Tea
- Other Tea
-
-
-
- Chocolate-based Flavoured Powder Drinks
- Malt-based Hot Drinks
- Non-Chocolate-based Flavoured Powder Drinks
- Other Plant-based Hot Drinks
-
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.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!