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Global Hot Drinks Market to Grow at a CAGR of 4.78% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Hot Drinks Market 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 01/26/2016 -- Report forecast the global hot drinks market to grow at a CAGR of 4.78% by revenue during the period 2016-2020.

The global hot drinks market has maintained steady market growth over the past couple of years. Rising demand for hot drinks in emerging countries and the launch of new variants have been responsible for this.

The market position of hot brewed coffee has been strong traditionally. With numerous innovations and changes in consumer demand, the market landscape has transformed. Consumers wish to replicate the café experience at home in the form of single-serve coffee machines. To meet this growing demand and customize their offerings, vendors are offering single-serve coffee pods that can be used in espresso coffee machines.

The report covers the present scenario and the growth prospects of the global hot drinks market for 2016-2020. To calculate the market size, the report considers the sales of hot drinks through retail stores.

The market is divided into the following segments based on product:
- Coffee
- Tea
- Other drinks (chocolate-based and malt-based drinks)

According to the report, McCafé owned by McDonald's, plans to sell ground, whole bean, and on-demand single-cup coffees across grocery stores in the US. The new offering will consist of 12-ounce bags of roast and ground coffee in variants including Premium Roast, French Roast, Colombian, and French Vanilla. The on-demand single cups will be available in Premium Roast, French Roast, and Premium Roast Decaf varieties.

Further, the report states that the coffee industry has gained notoriety in matters of labor exploitation. It has been alleged that the industry shows little concern for labor welfare, and usually exploits the workers. This invariably leads to high labor turnover and increased labor costs, which limit the market's growth.

Global Hot Drinks Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Hot Drinks Market: Associated British Foods, Jacobs Douwe Egberts, Nestle, Strauss, Tata Beverages and Unilever

Other Prominent Vendors in the market are: Apeejay Tea, Betty's and Taylors of Harrogate, Barry's Tea, Cantarella Bros, Eight O'Clock Coffee, Fukujuen, Mondelez India, GlaxoSmithKline Consumer Healthcare, Keurig Green Mountain, Heinz India, Ito En, J. M. Smucker, McLeod Russel, Tenfu Group, and The Hain Celestial Group.

Market driver
- Increase in demand across all demographics
- For a full, detailed list, view our report

Market challenge
- Exploitation of labor in plantations
- For a full, detailed list, view our report

Market trend
- Increase in marketing and promotional activities
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 47 Exhibit "Global Hot Drinks Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by product, Market segmentation by distribution channel, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

Find more information Visit at: http://www.marketresearchreports.com/technavio/global-hot-drinks-market-2016-2020

Find all Coffee and Tea report at : http://www.marketresearchreports.com/coffee-tea

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