Top Growth Opportunities: Hot Drinks in the Czech Republic

Top Growth Opportunities: Hot Drinks in the Czech Republic

Summary

"Top Growth Opportunities: Hot Drinks in the Czech Republic", provides an overview of the Hot Drinks market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData’s proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Hot Drinks producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.

This report provides recommended actions and detailed analysis of how to target the best growth opportunities for Hot Drinks producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Hot Drinks markets in Czech Republic through GlobalData’s detailed and robust data, expert insight, and case studies.

GlobalData’s Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Hot Drinks producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.

Get access to -
- Key consumer demographic groups driving consumption within the Czech Republic market. Improve your consumer targeting by understanding who’s driving the market, what they want, and why
- A study of market value and volumes over 2012-2017 for Czech Republic, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2017-2022 period
- White space analysis, to pinpoint attractive spaces in the market and the key actions to take
- Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
- Examples of international and regional product innovation targeting key consumer needs.

Scope

- Amongst the top ten countries, Czech Republic's hot drinks sector ranked sixth in terms of per capita expenditure in US$ terms
- After a period decline at a CAGR of 0.7% in US$ terms between 2012 and 2017, the Czech Republic hot drinks sector is expected to record strong growth over the next five years to 2022, at a CAGR of 7.6%.
- Tea pods and green tea are expected to be the most attractive segments to invest on over the near term
- Hot coffee will remain the largest value category, while hot tea is forecast to be the fastest growing category over 2017-2022.

Reasons to buy

- This report brings together consumer analysis and market data to provide actionable insight into the behavior of Czech Republic's Hot Drinks consumers.
- This is based on GlobalData's unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Hot Drinks sector.
- Category, brand, and packaging dynamics are also examined.
- This allows product and marketing strategies to be better aligned with the leading trends in the market.