"Other Hot Drinks in Chile" now available at Fast Market Research

Other hot drinks sales increased 5% in 2014. The largest other hot drinks category is yerba mate, which represents around 40% of volume sales in the country. The category has showed increased signs of maturity over the review period. Other plant-based hot drinks, which comprises mainly yerba mate, faces competition from tea and coffee, both of which registered stronger off-trade current value growth in 2014. Chocolate-based flavoured powder drinks was the best performer in other hot drinks in 2014, with off-trade volume growth of 5% and off-trade current value growth of 8%. This was due largely to the higher prices of ingredients, particularly cocoa and cacao ,but also because it is popular among children who drink milk on a daily basis as a milk flavouring ingredient.

Competitive Landscape

Nestlé Chile continued to lead other hot drinks sales in Chile in 2014 and accounted for 49% of off-trade value sales. The company is present in all other hot drinks categories, with the exception of other plant-based hot drinks, with its two main brands being Nesquik and Milo. The company is well established in other hot drinks in Chile and its brands are all supported by advertising campaigns as well as the solid reputation of the company as a producer of high-quality products.

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Industry Prospects

Other hot drinks in Chile are expected to continue to grow over the forecast period but at a slower pace. While chocolate-based flavoured powder drinks is expected to lead growth, both in off-trade volume and constant value terms, other areas are expected to record low off-trade volume growth and a decrease in constant value sales.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Other Hot Drinks industry in Chile with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Other Hot Drinks industry in Chile, our research will save you time and money while empowering you to make informed, profitable decisions.

The Other Hot Drinks in Chile market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Other Hot Drinks in Chile?
* What are the major brands in Chile?

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