Tea in Asia Pacific

Foodservice sales saw a major decline during 2020, hit by closures in this channel due to Coronavirus (COVID-19), with retail sales also falling slightly in the region. While foodservice and workplace consumption occasions were moving into people's homes in most countries, the Chinese market was badly hit by the loss of gift-giving opportunities due to COVID-19 restrictions during the Spring Festival. Tea sales will quickly rebound in China, helping to drive growth in the region from 2021.

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Euromonitor International's Tea in Asia Pacific global briefing offers an insight into to the size and shape of the Hot Drinks market, highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues and white spaces. It identifies the leading companies and brands, offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change and criteria for success. The analysis can focus on both retail and foodservice.

Product coverage: Coffee, Other Hot Drinks, Tea.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Hot Drinks market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market's major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.