PROSPECTS AND OPPORTUNITIES
Premiumisation to push the emergence of alternatives to tea and coffee
Other hot drinks is predicted to be significantly impacted by the developing premiumisation trend, which revolves around health and wellness and sustainable aspects. Such products are expected to be positioned as premium offerings, but also as alternatives to coffee and tea.
E-commerce and large modern grocery retailers to win over consumers through selections and pricing
Retail e-commerce is expected to gain further off-trade volume share in other hot drinks over the forecast period, albeit from a very low base. Nonetheless, by offering a variety of products not available in traditional grocery stores and competitive prices, there are growth opportunities for e-commerce in other hot drinks.
Sustainable production and packaging to gain weight in other hot drinks
The focus on the sustainable, eco-friendly production and packaging of other hot drinks is likely to intensify over the forecast period. Importantly, more and more consumers are aware of these issues, which are increasingly impacting on purchasing and consumption choices.
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Overview:
Understand the latest market trends and future growth opportunities for the Other 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.
If you're in the Other 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 Other 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 Other Hot Drinks in Slovakia?
- To what extent are health considerations impacting consumption of Other Hot Drinks in Slovakia?
- What are the traditional preferences in Other 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 Other Hot Drinks in Slovakia?
- Which are the leading brands in Other Hot Drinks in Slovakia?
- How are products distributed in Other 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 Other Hot Drinks?
- Where is future growth expected to be most dynamic?
Other Hot Drinks in Slovakia - Category analysis
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
Hot Drinks in Slovakia - Industry Overview
Hot drinks in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for hot drinks?
DISCLAIMER
The following categories and subcategories are included:
Other Hot Drinks
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- Chocolate-based Flavoured Powder Drinks
- Malt-based Hot Drinks
- Non-Chocolate-based Flavoured Powder Drinks
- Other Plant-based Hot Drinks
Other Hot Drinks
This is the aggregation of Flavoured Powder Drinks and Other Plant-based Powder Drinks. Products can be served hot or cold, and can be mixed with water, milk, or other liquids. Bottled, ready-to-drink flavoured milk drinks are NOT included here and are included in Passport Packaged Food.
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 Other Hot Drinks research and analysis database.
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