Hot Drinks Market Size Worth $397.3 Billion by 2025 | CAGR

6.8%: Grand View Research, Inc. - Seite 2

Coffee dominated the market in 2018 and is expected to maintain its lead over the forecast period. Increasing penetration of organic coffee and coffee pod is a key factor fueling the demand for coffee over the forecast period. Tea is expected to witness significant growth over the forecast period. Increasing launch of flavored and aroma tea is driving the interest of young consumer.

Asia Pacific is expected to expand at a CAGR of 7.9% over the forecast period. Increasing number of millennials, coupled with franchise outlet in the region, is a main factor driving the regional hot drinks market over the forecast period. Moreover, increasing installation of coffee wending machines at office premises will provide growth opportunity for the hot drinks over the forecast period.

Grand View Research has segmented the global hot drinks market by product and region:

• Hot Drinks Product Outlook (Revenue, USD Billion, 2015 - 2025)
• Coffee
• Tea
• Others
• Hot Drinks Regional Outlook (Revenue, USD Billion, 2015 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa

Find more research reports on Consumer Goods Industry, by Grand View Research:

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