PROSPECTS AND OPPORTUNITIES
Other hot drinks faces uncertain future prospects
The five-year forecast period is likely to be challenging for other hot drinks in Spain. It is forecast that volume sales will decline for all categories in both retail and foodservice, especially chocolate-based flavoured powder drinks.
Low calorie, low sugar items will be key in any innovations
To attempt to mitigate volume declines, new product innovation is likely to be around the current consumer trend towards healthier products which are low in calories and low in sugar. This has already been seen to some extent, such as with Cola Cao Cero Sin Azucares Anadidos, and Nesquik 0% Azucares Anadidos, but more innovation is expected to be seen in this area.
Private label could have the potential to eat into the dominance of Cola Cao and Nesquik
In many packaged food categories in Spain, some consumers have traded down to more economic products such as private label, in a bid to save money whilst still being able to consume the product they desire. However, this has not been seen in other hot drinks, thanks in part to the dominance of Cola Cao and Nesquik.
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Overview:
Understand the latest market trends and future growth opportunities for the Other Hot Drinks industry in Spain 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 Spain, 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 Spain 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 Spain?
- To what extent are health considerations impacting consumption of Other Hot Drinks in Spain?
- What are the traditional preferences in Other Hot Drinks in Spain? 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 Spain?
- Which are the leading brands in Other Hot Drinks in Spain?
- How are products distributed in Other Hot Drinks in Spain?
- 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 Spain - Category analysis
KEY DATA FINDINGS
Retail volume declines continue in 2024
Expansion into other markets sums up the uncertain future for other hot drinks
Other hot drinks remains dominated by Cola Cao and Nesquik
Other hot drinks faces uncertain future prospects
Low calorie, low sugar items will be key in any innovations
Private label could have the potential to eat into the dominance of Cola Cao and Nesquik
Hot Drinks in Spain - 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?
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This report originates from Passport, our Other Hot Drinks research and analysis database.
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