PROSPECTS AND OPPORTUNITIES
Other hot drinks will achieve further gains
With the prospect of economic recovery and higher employment rates in the Philippines, convenience-seeking behaviours are expected to become more prominent, benefiting sales of other hot drinks. As lifestyles become busier, consumers will be drawn to the ease of preparation offered by these products.
Health and wellness concerns will take priority
While other hot drinks have seen some fortification during the review period, the forecast period is expected to bring a more pronounced focus on health and wellness. Nestlé Philippines' launch of Milo Zero-Added Table Sugar in 2024 is likely to drive increased demand for reduced-sugar beverages within the category.
Sari-sari stores will remain central to distribution
Other hot drinks has maintained strong distribution across various grocery retailers, particularly sari-sari stores. While convenience stores and e-commerce are growing in importance, sari-sari stores continue to dominate in terms of shelf space for these products.
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Overview:
Understand the latest market trends and future growth opportunities for the Other Hot Drinks industry in Philippines 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 Philippines, 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 Philippines 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 Philippines?
- To what extent are health considerations impacting consumption of Other Hot Drinks in Philippines?
- What are the traditional preferences in Other Hot Drinks in Philippines? 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 Philippines?
- Which are the leading brands in Other Hot Drinks in Philippines?
- How are products distributed in Other Hot Drinks in Philippines?
- 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 the Philippines - Category analysis
KEY DATA FINDINGS
Other hot drinks suffer from increase competition from other breakfast options
Nestlé Philippines launches zero-sugar variant of Milo
International players dominate competitive landscape
Other hot drinks will achieve further gains
Health and wellness concerns will take priority
Sari-sari stores will remain central to distribution
Hot Drinks in the Philippines - 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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