PROSPECTS AND OPPORTUNITIES
Rising cocoa prices impact ongoing growth in other hot drinks
A significant global price increase in cocoa is expected to negatively affect the prices and demand for chocolate-based flavoured powder drinks, over the forecast period. Cocoa prices saw a 50% increase in 2023 and nearly doubled in the first quarter of 2024.
Health-conscious innovations aid sales of chocolate-based drinks
Often perceived as being unhealthy, chocolate-based flavoured powder drinks will see an ongoing shift toward health-conscious innovations. With consumers becoming more health-aware, products like Yunga's sugar-free cocoa and Green Leaf's vegan hot chocolate—sweetened with stevia instead of sugar—are gaining popularity.
Rising demand for health-enhancing ingredients influences other hot drinks
As consumers become more focused on the functional benefits of what they consume, the demand for health-enhancing ingredients in hot drinks is rising. One ingredient that is benefitting from this shift is chicory, particularly in the plant-based hot drinks category.
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Overview:
Understand the latest market trends and future growth opportunities for the Other Hot Drinks industry in Ukraine 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 Ukraine, 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 Ukraine 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 Ukraine?
- To what extent are health considerations impacting consumption of Other Hot Drinks in Ukraine?
- What are the traditional preferences in Other Hot Drinks in Ukraine? 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 Ukraine?
- Which are the leading brands in Other Hot Drinks in Ukraine?
- How are products distributed in Other Hot Drinks in Ukraine?
- 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 Ukraine - Category analysis
KEY DATA FINDINGS
Affordable indulgence drives growth in other hot drinks in 2024
Catering to diverse consumer needs through varied packaging formats
Expanding product assortment through brand collaborations
Rising cocoa prices impact ongoing growth in other hot drinks
Health-conscious innovations aid sales of chocolate-based drinks
Rising demand for health-enhancing ingredients influences other hot drinks
Hot Drinks in Ukraine - 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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