PUBLISHER: MarketLine | PRODUCT CODE: 1856070
 
				PUBLISHER: MarketLine | PRODUCT CODE: 1856070
Global Hot Drinks industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
The hot drinks market includes retail sales of hot coffee, hot tea, and other hot drinks. The hot coffee segment includes coffee beans, decaffeinated instant coffee, standard instant coffee, ground coffee, and ground coffee pods. Hot tea segment covers black specialty tea, fruit and herbal tea, green tea, instant tea, tea pods, etc. Other hot drinks segment includes chocolate-based hot drinks, malt-based hot drinks, mate, roasted grain hot drinks, etc. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
By distribution channel, the market is segmented into modern retail, traditional retail, specialist retail, cash & carries & warehouse clubs, and others. The scope of others includes other generalist retail channels not included in the categories above (e.g. market traders, charity stores, student union stores, and direct sales).
All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global hot drinks market recorded revenues of $261,671.1 million in 2024, representing a compound annual growth rate (CAGR) of 4.0% between 2019-24.
Market consumption volume increased with a CAGR of 1.6% between 2019-24, reaching a total of 15,841.5 million kilograms in 2024.
The moderate growth of the global hot drinks market during the review period (2019-24) was driven by rising disposable incomes and increasing urbanization. According to Eurostat, in 2024, the net disposable income per household in India reached $7,984.2, up 6.7% from 2019; in the UK reached $67,043.9, up 4.7% from 2019, and in the US reached $164,007.1, a 30.0% increase from 2019.
 
                 
                 
                