Cocoa prices remain volatile, which as a raw base ingredient for a number of hot drinks, means higher input costs for manufacturers. In turn, consumers are subject to price increases, as manufacturers are unable to absorb the entire increase in input costs and are forced to pass this on to end consumers.
Demand for Ricoffy, the leading brand in other plant-based hot drinks from Nestlé South Africa (Pty) Ltd, is expected to rise, especially among lower LSM brackets, as consumers are forced to shift away from instant coffee. Impacted by the overall macroeconomic environment, price-sensitive South Africans are reducing their purchases of non-essential goods, including many hot drinks.
Private label offerings are expected to continually drive innovation within other hot drinks over the forecast period. All major retailers, including Woolworths, Checkers and Pick ‘n’ Pay offer some form of private label hot drinks, with expanding portfolios.
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Understand the latest market trends and future growth opportunities for the Other Hot Drinks industry in South Africa 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 South Africa, 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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