In 2024, the performance of hot drinks in Slovakia was impacted by a series of factors. For example, a warm and dry year negatively impacted overall hot drinks volume consumption, as consumers opted for more refreshing drinks.
Price-sensitive consumer behaviour took precedence in 2024. However, consumers also considered other product features when purchasing hot drinks.
The competitive landscape remained intense in hot drinks in 2024, with strong price competition among the major brands. New product developments and innovation were also visible.
The retail distribution of hot drinks in 2024 continued to see the robust popularity of supermarkets, convenience stores and hypermarkets, with discounters, small local grocers, food/drink/tobacco specialists and vending providing other significant formats. Meanwhile, forecourt retailers gained traction as new retailing concepts became more available.
In 2024, the on-trade channel continued to outpace the off-trade channel in volume growth terms across hot drinks categories. While overall retail volume sales declined, this was due to the decrease in the dominant coffee category, with other hot drinks and tea seeing increases.
Over the forecast period, hot drinks in Slovakia is expected to be impacted by a developing premiumisation trend, supported by the improving real incomes of Slovak households. This, coupled with a greater willingness as well as ability to spend, is set to grow the offer and demand for added-value products, with an emphasis on premium quality and taste.
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Hot Drinks
This report originates from Passport, our Hot Drinks research and analysis database.
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