Hot Drinks in the Philippines: New Research Report Available at Fast Market Research
The hot drinks market registered its slowest value growth of the review period in 2012, despite healthy economic growth. Although they have higher disposable incomes, consumers are limiting consumption of hot drinks, including coffee, tea and chocolate-based hot drinks, due to health consciousness. Manufacturers have sought to combat this slowing consumption through the introduction of healthier variants of hot drinks, but the positive impact of this has yet to be seen.
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