Hot Drinks: Identifying the latest trends for beverage manufacturers in the hot drinks industry

From: Fast Market Research, Inc.
Published: Wed Feb 10 2016


Hot drinks are a regular part of consumers' diets, however, generally the category risks being considered old-fashioned and boring, or appealing only to connoisseurs. Other opportunities exist to launch premium products in the market. Genuinely innovative products, such as those featuring more extreme ingredients, providing consumers with an opportunity to create latte art at home, or targeting brain health will create the buzz and re-invigorate brand's image.

Key Findings

* In traditionally "tea" countries, such as Russia and China, the coffee category will grow faster than hot tea
* In traditionally "coffee" countries, such as Italy and Brazil, the hot tea category will grow faster than coffee -
* The desire for relaxation and indulgence are key motivators when it comes to hot drinks consumption. Brands can target this by highlighting the superior taste sensations of the product, as well as positioning it as accompanying moments of "me-time"
* Hot drinks that cater to consumers' busy lifestyles, such as those that create breakfast or snacking occasions will become more popular
* The market will see more hot drinks aimed to provide busy consumers with an additional energy boost, such as featuring guarana, matcha, or even nuts and seeds
* Cross-promotions of hot drinks with foods and snacks will help to maximize taste sensations derived from Hot Drinks consumption
* In the long term, natural sweeteners will see more convenient packaging designed for hot drinks consumption

Full Report Details at
- http://www.fastmr.com/prod/1118648_hot_drinks_identifying_latest.aspx?afid=301

Synopsis
Hot Drinks: Identifying the latest trends for beverage manufacturers in the hot drinks industry maps opportunities according to whether they meet niche or mass-market needs, and whether they will come to fruition in the short or long-term. This will help manufacturers and retailers to identify the needs worth targeting and to time new launches correctly. What else does this report offer?

* Identifies key consumption motivators behind consumers' desire for hot drinks
* Identifies key target groups and categories
* Explains how to effectively target the desire for relaxation and superior taste sensations
* Over 70product innovation examples targeting consumers niche and mass-market needs let the reader take inspiration from the most innovative launches

Reasons to Get this Report

* Find out what innovations will shape the Hot Drinks market. This report maps 21 new innovation opportunities according to whether they meet niche or mass-market needs, and shows whether they will come to fruition in the short or long-term
* Find out how to target new opportunities in the market. Product examples and key recommendations will help you derive key strategies in areas such as formulation and packaging.
* Find out how to create an emotive connection with consumers to differentiate yourself among competition

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Other Hot Drinks in Singapore
- Other Hot Drinks in India
- Other Hot Drinks in China
- Global Beverage Forecasts September 2015
- Other Hot Drinks in Cameroon

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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