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Hot Drinks in Uruguay

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    Report

  • 33 Pages
  • January 2024
  • Region: Uruguay
  • Euromonitor International
  • ID: 450683
In 2023, drought continued in Uruguay, having an ongoing impact on the hot drinks landscape. Lack of water impacted more than half of Uruguay's 3.5 million citizens, leading to significantly slower agricultural production and directly impacting the national economy. Drinking water was reserved for critical situations, and the impact of this saw the tripling of bottled water sales, with concerns surrounding shortages.

The Hot Drinks in Uruguay report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, 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 2028 illustrate how the market is set to change.

Product coverage: Coffee, Other Hot Drinks, Tea.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Hot Drinks market;
  • 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.

Table of Contents

HOT DRINKS IN URUGUAY
EXECUTIVE SUMMARY
  • Hot drinks in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • Foodservice vs retail split
  • What next for hot drinks?
MARKET DATA
  • Table 1 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2018-2023
  • Table 2 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2018-2023
  • Table 3 Retail Sales of Hot Drinks by Category: Volume 2018-2023
  • Table 4 Retail Sales of Hot Drinks by Category: Value 2018-2023
  • Table 5 Retail Sales of Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 6 Retail Sales of Hot Drinks by Category: % Value Growth 2018-2023
  • Table 7 Foodservice Sales of Hot Drinks by Category: Volume 2018-2023
  • Table 8 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 9 Total Sales of Hot Drinks by Category: Total Volume 2018-2023
  • Table 10 Total Sales of Hot Drinks by Category: % Total Volume Growth 2018-2023
  • Table 11 NBO Company Shares of Hot Drinks: % Retail Value 2019-2023
  • Table 12 LBN Brand Shares of Hot Drinks: % Retail Value 2020-2023
  • Table 13 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2018-2023
  • Table 14 Retail Distribution of Hot Drinks by Format: % Volume 2018-2023
  • Table 15 Retail Distribution of Hot Drinks by Format and Category: % Volume 2023
  • Table 16 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2023-2028
  • Table 17 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2023-2028
  • Table 18 Forecast Retail Sales of Hot Drinks by Category: Volume 2023-2028
  • Table 19 Forecast Retail Sales of Hot Drinks by Category: Value 2023-2028
  • Table 20 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 21 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2023-2028
  • Table 22 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2023-2028
  • Table 23 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 24 Forecast Total Sales of Hot Drinks by Category: Total Volume 2023-2028
  • Table 25 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
COFFEE IN URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Negative retail volume growth driven by the water crisis and price increases
  • Nestlé del Uruguay leads coffee sales while it increases production facilities
  • E-commerce sales continue, driven by the Nestlé and Mercado Libre websites
PROSPECTS AND OPPORTUNITIES
  • Positive on-trade sales, driven by the expansion of speciality coffee shops
  • The availability of more affordable options drives retail volume growth for coffee pods
  • Further expansion of e-commerce as players invest in omnichannel approaches
CATEGORY DATA
  • Table 26 Retail Sales of Coffee by Category: Volume 2018-2023
  • Table 27 Retail Sales of Coffee by Category: Value 2018-2023
  • Table 28 Retail Sales of Coffee by Category: % Volume Growth 2018-2023
  • Table 29 Retail Sales of Coffee by Category: % Value Growth 2018-2023
  • Table 30 NBO Company Shares of Coffee: % Retail Value 2019-2023
  • Table 31 LBN Brand Shares of Coffee: % Retail Value 2020-2023
  • Table 32 Forecast Retail Sales of Coffee by Category: Volume 2023-2028
  • Table 33 Forecast Retail Sales of Coffee by Category: Value 2023-2028
  • Table 34 Forecast Retail Sales of Coffee by Category: % Volume Growth 2023-2028
  • Table 35 Forecast Retail Sales of Coffee by Category: % Value Growth 2023-2028
TEA IN URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Tea sales diminish as the tap water crisis impacts consumption
  • A rising interest in health drives growth in the tea landscape
  • José Aldao and Instituto Botánico retain the lead in the tea landscape
PROSPECTS AND OPPORTUNITIES
  • The ongoing interest in health and wellness drives sales in tea
  • Functional properties drive further growth in tea sales
  • Speciality tea shops continue to drive on-trade sales over the forecast period
CATEGORY DATA
  • Table 36 Retail Sales of Tea by Category: Volume 2018-2023
  • Table 37 Retail Sales of Tea by Category: Value 2018-2023
  • Table 38 Retail Sales of Tea by Category: % Volume Growth 2018-2023
  • Table 39 Retail Sales of Tea by Category: % Value Growth 2018-2023
  • Table 40 NBO Company Shares of Tea: % Retail Value 2019-2023
  • Table 41 LBN Brand Shares of Tea: % Retail Value 2020-2023
  • Table 42 Forecast Retail Sales of Tea by Category: Volume 2023-2028
  • Table 43 Forecast Retail Sales of Tea by Category: Value 2023-2028
  • Table 44 Forecast Retail Sales of Tea by Category: % Volume Growth 2023-2028
  • Table 45 Forecast Retail Sales of Tea by Category: % Value Growth 2023-2028
OTHER HOT DRINKS IN URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Yerba maté sales diminish as the tap water crisis impacts sales
  • Nestlé del Uruguay aligns with the wellness trend, offering Vascolet with 25% less sugar
  • Canarias leads the landscape, offering the popular Yerba Canarias drink
PROSPECTS AND OPPORTUNITIES
  • Healthy tea options challenge sales of yerba maté across the forecast period
  • Flavoured powder drinks will continue to grow, driven by product innovation
  • On-trade sales continue to recover, reaching pre-COVID sales levels
CATEGORY DATA
  • Table 46 Retail Sales of Other Hot Drinks by Category: Volume 2018-2023
  • Table 47 Retail Sales of Other Hot Drinks by Category: Value 2018-2023
  • Table 48 Retail Sales of Other Hot Drinks by Category: % Volume Growth 2018-2023
  • Table 49 Retail Sales of Other Hot Drinks by Category: % Value Growth 2018-2023
  • Table 50 NBO Company Shares of Other Hot Drinks: % Retail Value 2019-2023
  • Table 51 LBN Brand Shares of Other Hot Drinks: % Retail Value 2020-2023
  • Table 52 Forecast Retail Sales of Other Hot Drinks by Category: Volume 2023-2028
  • Table 53 Forecast Retail Sales of Other Hot Drinks by Category: Value 2023-2028
  • Table 54 Forecast Retail Sales of Other Hot Drinks by Category: % Volume Growth 2023-2028
  • Table 55 Forecast Retail Sales of Other Hot Drinks by Category: % Value Growth 2023-2028