PROSPECTS AND OPPORTUNITIES
Functional hot drink innovations gain ground as consumers reach for added benefits
Over the forecast period, product innovations in hot drinks will continue to focus on added health benefits, particularly in areas that come under more scrutiny, such as chocolate-based flavoured powder drinks in other hot drinks. These products, alongside other plant/based hot drinks, offer strong potential for growth, with brands looking to include functional ingredients to increase appeal.
Organic hot drinks rise as consumers look for natural products to benefit health
Across the forecast period, sales of organic hot drinks are set to grow, with retail sales projected to rise at a 13% 2023 constant value CAGR to reach MXN646 million. Consumers increasingly view organic products as natural and free from artificial ingredients and pesticides.
Dietary habits continue to change, supporting the vegetarian hot drinks landscape
Across the forecast period, consumers in Mexico will continue to showcase concerns surrounding sustainability, animal welfare and health. The combination of these concerns will lead to a rise in meat-free, plant-based living, bolstering the number of vegetarians in the country.
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.
Overview:
Understand the latest market trends and future growth opportunities for the HW Hot Drinks industry in Mexico 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.
If you're in the HW Hot Drinks industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The HW Hot Drinks in Mexico 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 HW Hot Drinks in Mexico?
- What are the key health and wellness concerns driving sales in HW Hot Drinks?
- Is HW Hot Drinks a dynamic niche or mainstream concern in Mexico?
- Which are the leading brands in HW Hot Drinks in Mexico?
- How are products distributed in HW Hot Drinks in Mexico?
- How has COVID-19 and accordant recession impacted sales? Which categories have seen rising demand? Which are most vulnerable to economic disruption and diminished consumer confidence?
- Where is future growth expected to be most dynamic?
HW Hot Drinks in Mexico - Category analysis
KEY DATA FINDINGS
No caffeine hot drinks record the strongest sales as consumers reduce caffeine to support health
The natural claim rises as consumers become wary of artificial ingredients
Weight management and no fat hot drinks benefit from government legislations
Functional hot drink innovations gain ground as consumers reach for added benefits
Organic hot drinks rise as consumers look for natural products to benefit health
Dietary habits continue to change, supporting the vegetarian hot drinks landscape
Health and Wellness in Mexico - Industry Overview
Health and wellness in focus
Consumer weight trends
Consumer diet trends
Health-related deaths
Blood pressure and cholesterol levels
Diabetes prevalence
DISCLAIMER
HW Hot Drinks
Health and Wellness encompasses a number of key claims made on a food or drink products that suggest a health and/or wellness positioning. It comprises positionings relating to better for you, dietary and free from, fortified/functional, health benefit, natural and organic. This is the aggregation of Coffee, Tea, and Other Hot Drinks. For full product category definitions please refer to the definitions section (can be found under the "Help" section on Passport) for the respective system: Cooking Ingredients and Meals, Dairy Products and Alternatives, Snacks, Staple Foods, Hot Drinks, Soft Drinks. Please note that data is not available at this level or other aggregated claim levels.
See all of our definitionsWhy 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 HW 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!