Hot Drinks Market in Philippines 2021


Hot beverages such as tea and coffee are frequently served at temperatures near their brewing temperature. Consumption of hot drinks help in lowering stress and reducing the prevalence of various lifestyle related diseases such as blood pressure, obesity, and stress. The hot drinks market in Philippines is set to grow by US$ 482 million during 2021-2027, growing at a compound annual growth rate (CAGR) of 3.7% during the forecast period, according to data and analytics company StrategyHelix. Rising awareness among the young population regarding the health benefits of consuming hot drinks, changing lifestyles, increasing product availability and retail outlet are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for hot drinks. The Philippines hot drinks market is segmented on the basis of product, distribution channel. By product, it is categorized into coffee, tea, and others. The coffee segment held the largest market share in 2020. By distribution channel, the hot drinks market is divided into supermarkets & hypermarkets, groceries, online retailing, and others. The groceries segment accounted for the largest market share in 2020.

The report has profiled some of the key players of the market such as Nestle S.A., PT. Mayora Indah Tbk, JG Summit Holdings Inc..

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the hot drinks market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope

Product: coffee, tea, and others
Distribution channel: supermarkets & hypermarkets, groceries, online retailing, and others
Years Considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders

Get a comprehensive picture of the Philippines hot drinks market
Pinpoint growth sectors and trends for investment
Understand what the future of the hot drinks market in Philippines looks like
Identify the competitive landscape and window of opportunity

Table of Contents

1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Hot Drinks Market by Product
4.1 Coffee
4.2 Tea
4.3 Others
5. Hot Drinks Market by Distribution Channel
5.1 Supermarkets & Hypermarkets
5.2 Groceries
5.3 Online Retailing
5.4 Others
6. Company Profiles
6.1 Nestle S.A.
6.2 PT. Mayora Indah, Tbk
6.3 JG Summit Holdings, Inc.
7. Appendix
7.1 About StrategyHelix
7.2 Disclaimer

USD 125

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Hot Drinks Market in Philippines 2021

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