Concerning the three selected segments, the segment Coffee has the largest revenue, combined with 11,448,505,873.69 U.S. dollars. Contrastingly, Cocoa is ranked last, with 244,637,123.87 U.S. dollars. Their difference, compared to Coffee, lies at 11,203,868,749.82 U.S. dollars.
Data provided by Statista Market Insights are estimates.
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.
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Statista. (August 29, 2024). Revenue of segments of the hot drinks market in Australia in 2023 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/771503/segment-shares-in-total-market-revenue-of-the-hot-drinks-market-in-australia
Statista. "Revenue of segments of the hot drinks market in Australia in 2023." Chart. August 29, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/771503/segment-shares-in-total-market-revenue-of-the-hot-drinks-market-in-australia
Statista. (2024). Revenue of segments of the hot drinks market in Australia in 2023. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/771503/segment-shares-in-total-market-revenue-of-the-hot-drinks-market-in-australia
Statista. "Revenue of Segments of The Hot Drinks Market in Australia in 2023." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/forecasts/771503/segment-shares-in-total-market-revenue-of-the-hot-drinks-market-in-australia
Statista, Revenue of segments of the hot drinks market in Australia in 2023 Statista, https://www.statista.com/forecasts/771503/segment-shares-in-total-market-revenue-of-the-hot-drinks-market-in-australia (last visited November 05, 2024)
Revenue of segments of the hot drinks market in Australia in 2023 [Graph], Statista, August 29, 2024. [Online]. Available: https://www.statista.com/forecasts/771503/segment-shares-in-total-market-revenue-of-the-hot-drinks-market-in-australia