Hot beverages are drinks that are made from ingredients such as coffee, tea and consumed at warm temperature. Coffee and tea are sold in varied form such as ground beans, whole roasted bean, disposable pods and k cups; Tea is retailed in loose form and tea bags. Flavored hot beverages are made from powder which is added to milk or water. Some such drinks are hot cocoa and nutritional chocolate drinks. Hot beverages can be made at home or can be bought from café outlets such as Starbucks and Dunkin Donuts.
Brazil, Argentina and Venezuela are some of the major markets in South America Hot beverages market. Regional players in Brazil have developed their own single serve hot beverage dispensing machines which are compatible with Nestle K cups. Affordable prices of these machines will drive the single serve coffee and tea market in Brazil and Argentina in coming years. Regional hot beverages hinder the growth of flavored hot beverages in Argentina and Colombia.
The report analyzes the market based on type of hot beverage such as Coffee, Tea and Flavored Hot Beverage. The report provides detailed analysis on distribution landscape and potential of various distribution channels such as Supermarkets/Hypermarkets, food service sales and Online retail. Country specific trends and market dynamics are also covered in the report.
Sample Companies profiled in this Report are:
- Kraft Foods Group, Inc.
- Melitta Group
- São Miguel Holding