Top Growth Opportunities: Hot Drinks in the UK

  • ID: 4436762
  • Report
  • Region: United Kingdom, Great Britain
  • 106 pages
  • GlobalData
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FEATURED COMPANIES

  • Clipper Teas
  • GSK
  • Jacobs Douwe Egberts
  • Luigi Lavazza
  • Nestle
  • Starbucks
  • MORE
Top Growth Opportunities: Hot Drinks in the UK

Summary

Modest growth of 1.4% witnessed in hot drinks between 2011 and 2016 is set to accelerate in the five years to 2021, with a forecast CAGR of 4.2%. UK’s opportunity score of 40.5/50 also lands it in fourth place in terms of opportunity ranking for the hot drinks market - the highest among other European economies. The country’s highly developed economy and status as a key global player typically mean that its technological infrastructure and political stability provide hot drinks producers a safe climate for production, formulation, and sales across multiple channels.

Among the top 10 hot drinks markets, the UK ranks sixth in terms of per capita expenditure in US dollar terms, larger than Poland, the US, Malaysia, and China. Furthermore, the per capita expenditure on hot drinks products is expected to grow by 3.5% CAGR during 2016-2021. This growth is primarily attributed to the high affinity of Britons towards hot drinks products coupled with increasing disposable incomes, which motivates them to seek premium products in the market.

Furthermore, the majority of young Britons are willing to spend more on hot drinks products that have novel tastes and unique flavors while the aging population seeks products marketed with health & wellness benefits. Consequently, the UK hot drinks market offers ample growth opportunities in terms of per capita expenditure and is clearly a long-term market.

The report "Top Growth Opportunities: Hot Drinks in the UK", provides recommended actions and detailed analysis of how to target the best growth opportunities for hot drinks producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of hot drinks in the UK through our detailed and robust data, expert insight, and case studies.

In depth, this report provides the following:
  • Key consumer demographic groups driving consumption within the UK market. Improve your consumer targeting by understanding who’s driving the market, what they want, and why.
  • A study of market value and volumes over 2011-2016 for the UK, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2016-2021 period.
  • White space analysis, to pinpoint attractive spaces in the market and the key actions to take.
  • Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future.
  • Examples of international and regional product innovation targeting key consumer needs.
Companies mentioned in this report: Nestle; Jacobs DouweEgberts; Associated British Foods Plc; Unilever; Bettys & Taylors Group Ltd; Tata Sons Limited; Clipper Teas; GSK; Starbucks; Luigi Lavazza.

Scope
  • The hot drinks market in the UK grew at a CAGR of 1.4% during 2011-2016, from US$5,411.6 million in 2011 to US$5,788.6 million in 2016
  • The UK hot drinks market is forecast to register strong growth at a CAGR of 4.2% during 2016-2021 and is expected to be worth US$7,109.6 by 2021
  • Among the top 10 hot drinks markets, the UK ranked sixth in terms of per capita expenditure (in US dollar terms) in 2016, larger than Poland, the US, Malaysia, and China
Reasons to buy
  • This report brings together consumer analysis and market data to provide actionable insight into the behavior of the UK's Hot Drinks consumers.
  • This is based on unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Hot Drinks sector.
  • Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be better aligned with the leading trends in the market.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Clipper Teas
  • GSK
  • Jacobs Douwe Egberts
  • Luigi Lavazza
  • Nestle
  • Starbucks
  • MORE
1. Introducing a top growth market for Hot Drinks
Top 10 global growth opportunities scores
Top global issues
Assessment against global strategic issues
Strategic issues map
Predicted future issues for the global sector
Reward and risk assessment
Opportunity score - overview
Consumer spending trends - peer group comparisons
Political, Economic, Social, and Technological: Analysis
Enablers and inhibitors of growth
Rewards and opportunities for growth
Summary of the market

2. Market insight - identifying the opportunities to move into
Market growth by category
Value growth of the market
Volume growth of the market
Level of premiumization by category
Category analysis - key drivers of change

3. Retail and distribution insight - key channels and retailers driving growth
Hot Drinks retail channel share
Key Retail Channel trends
Routes to market
Drivers of change in the sector

4. Company and brand insight - the competitive landscape defined
Category fragmentation
Company and brand strength
Private label penetration
Brand share by leading supplier
International and domestic brand analysis
Company and brand strength summary

5. Consumer insight - who, what, when, where and why
Strategic issues map
Key consumer driver implications
Key consumers trends
Consumer groups
Key Health & Wellness trends
Consumer trends summary

6. Product and packaging insights
Key Product Insights
Trends and strategic issues - other notable product trends
Key product innovation case studies
Key Packaging Insights
Trends and strategic issues
Product launch key takeouts

7. White spaces and innovation opportunities - space to move into
Growth segments to target
Consumer spaces to target
Segment opportunities
Product launch key takeouts
Key recommendations

8. Appendix

List of Tables
Visualization of 10 countries growth opportunities
Reward and risk assessment
Market value and split, 2011-2021
Winners and losers by category, value, 2016-2021
Volume growth by category, 2011-2021
Winners and losers by category, volume, 2016-2021
Key consumption volume shares by consumer group, 2016
Key consumption motivators by category, 2016
Top categories by volume and CAGR, 2011-2021

List of Figures
Map of top opportunity markets
Map of top global issues
Global issue web
Strategic issues map
Average consumer spend, peer group comparisons, 2011-2021
Market value and split, 2011-2021
Value growth by category, 2011-2016 and 2016-2021
Value market growth by category, 2011-2021
Winners and losers by category, volume, 2016-2021
Value and volume growth by category, 2011-2021
Fragmentation by category, 2011-2021
Private label penetration and CAGR, 2011-2021
Cumulative value share by brand, 2016
Packaging materials volume share, 2016 & 2021
Packaging closure materials volume share, 2016 & 2021
Projected CAGR for top five categories by value, 2016-2021
Note: Product cover images may vary from those shown
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  • Nestle
  • Jacobs Douwe Egberts
  • Associated British Foods Plc
  • Unilever
  • Bettys & Taylors Group Ltd
  • Tata Sons Limited
  • Clipper Teas
  • GSK
  • Starbucks
  • Luigi Lavazza
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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