Summary
"Top Trends in Hot Drinks 2017" explores the latest consumer and innovation trends in hot tea, hot coffee, and other hot drinks (e.g. chocolate-based and malt-based hot drinks).
This report focuses on outlining the key consumer and innovation trends currently impacting the core categories in hot drinks - hot tea, hot coffee, and other hot drinks. These include innovations that align with consumer demand for hot drinks tailored to their lifestyles or appeal to indulgence-seeking consumers, such as café-style hot drinks. The report also explores product concepts that benefit from cross-category innovation or align with the Social Responsibility trend.
Scope
- Globally, consumers are more willing to try new varieties of hot tea and hot coffee than other hot drinks (e.g. hot chocolate or malt-based drinks). However, experimentation level for other hot drinks is significantly higher in younger consumer groups.
- 71% of consumers consider recreating café-style hot drinks to be achievable or very achievable, increasing the popularity of premium hot drinks for at-home consumption.
- Globally, 53% of consumers believe hot drinks can offer the same or better health benefits as non-prescription medication, unlocking new opportunities for hot drinks that claim to improve health and general wellbeing.
- Cross-category innovation, such as wine-inspired or dessert-inspired recipes, can help to refresh consumer interest towards the hot drinks category and to add sophistication to a staple category.
Reasons to buy
- Identify the top trends driving the hot drinks sector.
- Gain insight into the key consumer segments that are most likely to be a key focus for innovation.
- Put innovative products into context by connecting them to specific consumer trends and needs.
- Gain insight and inspiration for innovation.
Companies Mentioned
Nescafe
Unilever
Marks & Spencer
Tetley
Horlicks
Starbucks
Indocafe
Edmark
YourTea
Teekanne
Mokate
I Profumi del Te
Taylors of Harrogate
10th Avenue Tea
Trader Joe's
Chapin Coffee
Tea Drops
The Republic of Tea
R.C. Bigelow
DongSuh Foods
J & Food
Comercial Chacao
Wide Tropism Trading
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Table of Contents
1.Introduction
2.Trend 1: Added functionality
Moving away from traditional health claims
Product examples
3.Trend 2: Premiumization
Fighting competition from private labels
Café-style hot drinks
Product examples
4.Trend 3: Social responsibility
Ethical consumption
Ethical production
Product examples
5.Trend 4: Cross-category
Innovations inspired by alcoholic beverage
Innovations inspired by skincare and healthcare
Innovations inspired by desserts
6.Trend 5: Sugar-free
Health-conscious consumers
Diabetic-friendly hot drinks
Product examples
7.Conclusion
8.Appendix