Across the forecast period, the demand for convenience is poised to drive innovation in ready-to-mix and single-serve formats within other hot drinks in Canada. Consumers are increasingly favouring products that offer ease of preparation, which is likely to spur growth in single-serve sachets, pods, and instant mixes.
Across the forecast period, the other hot drinks category may see a rise in options for other plant-based hot drinks. With more consumers adopting plant-based diets for health, environmental, or ethical reasons, brands will likely innovate, offering new products such as oat-based flavoured powder drinks, almond-based malt drinks, and other dairy-free options.
Over the next five years, the other hot drinks category is expected to witness a shift towards premiumisation, with brands introducing indulgent flavours to differentiate their offerings. Consumers are increasingly seeking unique, high-quality experiences in their hot beverages, driving demand for premium chocolate-based flavoured powder drinks and malt-based hot drinks.
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Understand the latest market trends and future growth opportunities for the Other Hot Drinks industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Other Hot Drinks industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Other Hot Drinks
This is the aggregation of Flavoured Powder Drinks and Other Plant-based Powder Drinks. Products can be served hot or cold, and can be mixed with water, milk, or other liquids. Bottled, ready-to-drink flavoured milk drinks are NOT included here and are included in Passport Packaged Food.
See all of our definitionsThis report originates from Passport, our Other Hot Drinks research and analysis database.
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