Hot Drinks - Mauritius
Mauritius- Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Hot Drinks market amounts to US$*****m in ****.
- Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$*****m in ****.
- Revenue, combined amounts to US$*****m in ****.
- The revenue, at home is expected to grow annually by ****% (CAGR *********).
- In global comparison, most revenue, at home is generated China (US$**bn in ****).
- In relation to total population figures, the average revenue per capita, at home of US$***** are generated in ****.
- In the Hot Drinks market, volume, at home is expected to amount to ****m kg by ****.
- Volume, out-of-home is expected to amount to *****k kg in ****.
- Volume, combined is expected to amount to ****m kg in ****.
- The Hot Drinks market is expected to show a volume growth, at home of ***% in ****.
- The average volume per person, at home in the Hot Drinks market is expected to amount to ****kg in ****.
Definition:
The Hot Drinks market includes the Coffee, Tea, and Cocoa market. In the Hot Drinks market, products in dry form (such as powders, beans, and leaves) are covered. The drink is prepared by adding liquids, such as hot water or milk, to the product. Ready-to-Drink (RTD) Coffee and Tea products in liquid form are in the corresponding segment in the Non-Alcoholic Drinks market.
Structure:
The Hot Drinks market is divided into the Coffee market, the Tea market, and the Cocoa market.
- The Coffee market consists of Roast Coffee in the form of ground coffee and whole beans, that is prepared with coffee machines or a French press, as well as Instant Coffee that only requires the addition of hot water.
- The Tea market consists of black tea, green tea, and mate sold in tea bags or as loose-leaf tea.
- The Cocoa market contains powder and powder-mixes for the preparation of cocoa drinks or hot chocolate.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per kilogram , as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. In the out-of-home market, the price always refers to the price per kilogram of the beverage consumed, regardless of other components in the finished beverage. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.
Key players include Nestlé (e.g., Nescafé and Nespresso), Tchibo, Starbucks, Lavazza, and Tata Global Beverages (Tetley).- Roast Coffee, such as Peet's Coffee
- Instant Coffee, such as Nescafé Gold
- Tea, such as Republic of Tea Black Tea
- Cocoa, such as Nesquik
- RTDs derived from Coffee, Tea or Cocoa (e.g., Lipton Ice Tea)
Revenue
Volume
KeyPlayers
Price
Sales Channels
Global Comparison
Analyst Opinion
Customer preferences: Mauritians have traditionally been tea drinkers, with black tea being the most popular choice. However, there has been a noticeable shift in customer preferences towards coffee and other hot beverages. This can be attributed to the influence of Western culture and the increasing availability of international coffee chains in the country. The younger generation, in particular, is more inclined towards coffee and specialty hot drinks, seeking unique flavors and experiences.
Trends in the market: One of the key trends in the Hot Drinks market in Mauritius is the growing demand for specialty and premium products. Consumers are willing to pay a premium for high-quality coffee beans and unique flavors. This trend is driven by the increasing disposable income and changing lifestyles of the population. As a result, coffee shops and cafes offering a wide range of specialty hot drinks have been gaining popularity across the country. Another trend in the market is the rise of online and mobile ordering platforms for hot drinks. With the increasing penetration of smartphones and internet connectivity, consumers are looking for convenient ways to order their favorite hot beverages. Online delivery services and mobile apps have made it easier for consumers to place orders and have their hot drinks delivered to their doorstep. This trend has been further accelerated by the COVID-19 pandemic, which has led to a shift towards contactless ordering and delivery.
Local special circumstances: Mauritius is a popular tourist destination, attracting visitors from around the world. The tourism industry plays a significant role in driving the demand for hot drinks in the country. Tourists, especially those from Western countries, have brought their coffee culture to Mauritius, leading to an increased demand for coffee and specialty hot beverages. This has created opportunities for local coffee shops and cafes to cater to the preferences of international tourists.
Underlying macroeconomic factors: The economic growth and rising disposable income in Mauritius have contributed to the growth of the Hot Drinks market. As the country's economy continues to develop, consumers have more purchasing power, enabling them to spend on premium and specialty hot drinks. Additionally, the government's efforts to promote tourism and attract foreign investment have also had a positive impact on the Hot Drinks market, as it has led to an increase in the number of visitors and expatriates in the country. In conclusion, the Hot Drinks market in Mauritius is witnessing growth due to changing customer preferences, including a shift towards coffee and specialty hot beverages. The rise of specialty and premium products, the popularity of online and mobile ordering platforms, and the influence of tourism are key trends shaping the market. The underlying macroeconomic factors, such as economic growth and rising disposable income, further contribute to the development of the market.
Methodology
Data coverage:
The data encompasses B2C enterprises. Figures are based on private Household spendings on Hot Drinks. At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments.
In the out-of-home market, the price always refers to the price per kilogram of the beverage consumed, regardless of other components in the finished beverage.
Modeling approach:
Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as production data, region, and price level index. This data helps us estimate the market size for each country individually.
Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Hot Drinks market with a projected steady growth.
Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.
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