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Hot Drinks in theUnited Kingdom
Euromonitor International, Aug 2006, Pages: 47
The Hot Drinks in the United Kingdom report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2000-2005), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2010 illustrate how the market is set to change.
Product coverage includes: coffee, tea and other hot drinks
Data coverage: market sizes (historic and forecasts), company shares and brand shares
Why buy this report?
- Get a detailed picture of the hot drinks industry
- Pinpoint growth sectors and identify factors driving change
- Understand the competitive environment, the market’s major players and leading brands
- Use five-year forecasts to assess how the market is predicted to develop
Excerpt From Executive Summary:
Traditional favourite tea bags black standard flounders
One of the biggest stories in the UK hot drinks market in 2005 was the declining popularity of a traditional British favourite. Tea bags black standard - a long-time staple of the UK hot drinks repertoire - saw current value sales fall significantly for the second consecutive year. All was not lost however; while instant standard coffee showed a decline in 2004, an improved performance in 2005 saw it register solid growth in current value sales. Alternatives were increasingly consumed instead of hot drinks products in the UK during the review period. Hot drinks products are now no longer as commonly consumed during the morning time as they once were, and competition from bottled water products is growing. Stiff competition also comes from the burgeoning soft drinks market, which appears to be encroaching upon daily hot drinks consumption occasions. Children are raised on soft drinks products, and, for reasons of health and convenience, many older consumers are shunning tea and coffee products in favour of a host of other beverages. Heavy price promotions on tea products and commodity price fluctuations on coffee products blurred the picture somewhat in 2005, but one thing was for sure: novel, speciality and premium products were the bright young things of the UK hot drinks market, stealing the limelight from the stalwarts.
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