Global Hot Drink Market Research Report 2021

Hot drinks, since time immemorial, have been consumed regularly in various parts of the world. Tea was the most popular hot drink in the earlier part of the 19th century. But with the advent of coffee, many American and European nations adopted it as their primary refreshment.
The rising popularity of coffee pods and tea pods as one of the major factors that will have a positive impact on this market’s growth. Coffee capsule and coffee pod machines are widely made available at cafes and coffee shops by numerous vendors. These shops offer hot coffee as their main offering with cold coffee and light snacks. Moreover, coffee pods are one of the main growth drivers of the US coffee market, as the consumer interest in convenience coffee products have increased. In addition, Europe has witnessed a high demand for coffee pods during the last five years. Also, in the UK, the increased need for instant and ready-to-drink coffee products is boosting the market growth. The global instant coffee market is likely to register good growth rate during the forecast period. In the case of tea, quick drink formats like tea capsules are gaining wide popularity specifically in regions like North America and Europe.

The global Hot Drink market was valued at US$ 200560 million in 2019 and is expected to reach US$ 291790 million by the end of 2026, growing at a CAGR of 5.4% during 2021-2026.
This report focuses on Hot Drink volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Hot Drink market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Hot Drink Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type
Coffee
Tea
Others


Segment by Application
Online Retail
Offline Retail


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E


By Company
Associated British Foods (ABF)
JACOBS DOUWE EGBERTS (JDE)
Keurig Green Mountain (KGM)
Tata Global Beverages (TGB)
Unilever