The global FMCG market is projected to grow by 4.6% in current value terms to reach USD6.6 trillion. Growth is largely price led and financial concerns are weighing heavily on consumer behaviour given sustained cost-of-living pressures. Opportunities lie in emerging markets, health and wellness trends, and e-commerce. Key growth industries include soft drinks and beauty and personal care.

Euromonitor International’s “Top 100 FMCG E-Commerce Brands” report offers a definitive view of the brands winning in digital commerce. By spotlighting the Top 100 brands and their strategies, this report equips FMCG leaders to track, benchmark and gain intelligence to inform their digital strategy as they compete in an increasingly high-stakes arena.

This report highlights the nutrition-related results of Euromonitor’s International Voice of the Consumer: Health and Nutrition Survey 2025. It covers eating and drinking habits, ingredient preferences and diet motivations of global consumers.

Although second behind Nestlé in the overall global market, JDE Peet’s remains the leading pure-play hot drinks company in the world. Its sales are dominated by coffee, with the company holding the leading position globally in standard fresh ground coffee and ranking second in most other coffee categories. It aims to drive future growth based around what it dubs “three big bets”, which are its Peet’s and L’Or brands as well as “10 iconic local brands led by Jacobs”.

Lipton Teas & Infusions (formerly Ekaterra - a tea division of Unilever) after separation from Unilever, inherited a tea portfolio of 36 brands with total turnover of USD3 billion, making it the number one company in tea in the world. In 2024, over two thirds of company sales come from black tea, following the sales structure of its most popular brand Lipton.

The Middle East and Africa hot drinks market is rapidly expanding, led by coffee’s rising momentum and deep-rooted tea culture. Saudi Arabia emerges as a coffee hub through national investments and retail innovation. Despite Nestlé’s lead, the market remains fragmented, shaped by local champions, evolving consumer preferences and diverse retail dynamics across countries. Continued growth is driven by youth demographics, premiumisation and a shift towards health-conscious, affordable offerings.

Hot drinks in India continued to thrive in 2024, propelled by dynamic young demographics, rapid urbanisation and a stabilising economic climate. Coffee posted further strong retail volume and value growth rates, as it was increasingly seen as a lifestyle beverage, with visibility boosted by the proliferation of cafés and vending machines. While over three quarters of the country's coffee volume sales still originated from southern states, urban areas remained the main consumers nationally. Insta

Rapidly ageing populations present both a socio-economic challenge and a business opportunity. As wellness narratives shift from lifespan to healthspan, priorities centre on early-stage prevention, optimising healthy years, and enabling active ageing in later life. Creating value, improving health outcomes, and driving business growth requires targeted consumer segmentation aligned with a broad spectrum of longevity-led solutions and a holistic ecosystem of life-stage needs.

The global hot drinks industry is shifting towards value-led retail, with small grocers and discounters seeing significant growth. Nevertheless, e-commerce is set to grow, especially online marketplaces, due to features such as social selling, influencer-driven demand, last mile delivery services and the rapid development of technological innovations.

Soft drinks face slower-than-expected growth in 2025 amid income pressures and heightened geopolitical risks. On-trade categories are weakening, particularly in Europe and China, while real pricing power has faded. Input cost relief offers some margin stability, though coffee prices remain volatile. Fragmentation deepens as affordability and functionality reshape global competition.

Consumers are increasingly anxious about global stability and their own financial, social, physical and mental wellbeing. This is driving them to exert more control over the impact and fallout of their consumption. Protect your brand against downside risk and leverage growth opportunities by understanding and empowering this mindful, evidence-seeking and outcome-orientated shift.

GLP-1 usage is going to rise considerably across the world in the coming years, confronting food and beverages with both challenges and opportunities. The pressure on volumes is going to be considerable, but changing needs of GLP-1 users will at the same time boost demand in many categories.

Asia Pacific remains the largest hot drinks market globally, but growth has been moderate due to lingering cost-of-living pressures. Foodservice recovery is slow, with out-of-home consumption still below pre-COVID levels. The market is being reshaped by health and wellness trends, digital and D2C expansion, and stronger localised product strategies. Looking ahead, evolving consumer needs, trade shifts, and geopolitics will fuel a more localised and competitive market landscape.

The hot drinks industry remains relatively stable, yet faces challenges such as climate change, inflation and trade wars. With price hikes inevitable, hot drinks companies are set to actively launch new product innovation and adopt premiumisation strategies to drive growth, while focusing on product optimisation through acquisition or divestments. Meanwhile, specialist coffee and tea shops from Asia Pacific are actively expanding their footprint, posing stiff competition to incumbent players.

The volume performance improved in the Western European hot drinks market in 2024, albeit still remaining marginally negative. Although inflation has eased, prices continue to rise, negatively impacting volume sales, but boosting the value performance. The health and wellness trend continues to drive sales of fruit/herbal tea, while fresh coffee beans was another product defying the general gloom surrounding much of the industry at the end of the review period.

A number of Latin American countries have been grappling with economic problems in recent years, with inflation still raging in Argentina in 2024, for example, negatively impacting the hot drinks performance in this country. Overall, this meant that the regional hot drinks market was stagnating in retail volume terms in 2024, despite positive growth being seen in Brazil. As inflation eases across Latin America, positive volume and value growth is expected from 2025.

This report identifies key long-term megatrends shaping consumer behaviour in Latin America. Technological advancements and wider internet access drive digital living, offering solutions to regional challenges. Better access to financial services fuels e-commerce and s-commerce growth. Inflation and changing household dynamics are driving consumers to focus on saving time and money, while also prioritising their overall wellbeing in the face of economic and geopolitical uncertainty.

Hot drinks in Brazil is expected to maintain low growth in retail volume and dynamic growth in current value terms in 2024, with sales increasing across all the main categories. In 2024, Brazil's economy reflects a combination of global challenges and internal opportunities. The country has been undergoing a period of gradual economic recovery, with moderate inflation and restrained but positive economic growth expectations. The continuation of tighter fiscal policies and efforts to control publ

Significant shifts in US policies on tariffs, taxation, spending, regulation, migration, AI/tech, and energy are expected to impact the global economy and key industries like food and drinks, health and beauty, home and tech, travel, and automotive. Trump's policies can undermine global economic growth, affect consumer sentiment, risk higher prices, and disrupt production and distribution network. However, some opportunities will arise as the global supply chain rewires and consumers adapt.

By 2029, Asia Pacific will host 56% of the global population aged 65+, representing a trillion-dollar opportunity. This report provides a critical framework to understand, develop and address the unmet needs of this rapidly growing demographic. Leveraging Euromonitor's Inclusivity - Empowerment - Indulgence framework, companies that act now will secure future growth and maintain relevance in a shifting consumer landscape.

Digital Living, Convenience, Pursuit of Value and Sustainable Living are key megatrends in Western Europe, shaped by technological advancements, demographic changes and shifting consumer values. Demand for multifunctional products is driving brands to simplify and optimise. Despite privacy concerns, AI-driven personalisation is gaining acceptance. Value perceptions are shifting toward functionality and affordability, while sustainability continues to influence purchasing choices.

Inhalation - one of the most common modes of consumption globally - is undergoing a rapid transformation. This report assesses the significant risks for those companies who fail to address that change and the huge opportunities for those who can leverage science, technology and new substance frontiers to reimagine inhalation’s role in future societies.

As investment and attention shifts towards GenAI, companies of all types must evaluate potential opportunities associated with this technology. Given its ability to go a step further than AI to create something new, it is viewed as being incredibly powerful. This report explores opportunities and challenges across common use cases such as marketing, product development, the customer journey, customer service and the supply chain.

On the surface, the outlook for on-trade alcoholic drinks is not a positive one. A cautious consumer spending mindset and changing priorities mean people are going out less frequently than in the past or drinking less when they do. Elevated input costs are adding to the industry’s difficulties. Yet, demand still calls for memorable experiences and spaces to connect – perhaps now more than ever. On-trade spending goes beyond simple purchase transactions, underscoring the nature of opportunities.