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Ready-to-Drink (RTD) Coffee & Tea - Algeria

Algeria
  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Ready-to-Drink (RTD) Coffee & Tea market amounts to US$6.81m in 2024.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$1.43m in 2024.
  • Revenue, combined amounts to US$8.24m in 2024.
  • The revenue, at home is expected to grow annually by 7.52% (CAGR 2024-2029).
  • In global comparison, most revenue, at home is generated Japan (US$32bn in 2024).
  • In relation to total population figures, the average revenue per capita, at home of US$0.15 are generated in 2024.
  • In the Ready-to-Drink (RTD) Coffee & Tea market, volume, at home is expected to amount to 5.83m L by 2024.
  • Volume, out-of-home is expected to amount to 419.90k L in 2024.
  • Volume, combined is expected to amount to 6.25m L in 2024.
  • The Ready-to-Drink (RTD) Coffee & Tea market is expected to show a volume growth, at home of 2.6% in 2025.0.
  • The average volume per person, at home in the Ready-to-Drink (RTD) Coffee & Tea market is expected to amount to 0.13L in 2024.

Definition:

The Ready-to-Drink (RTD) Coffee & Tea market includes packaged coffee and tea beverages in liquid form, ready for consumption. This market does not include coffee and tea products in dry form, such as Instant coffee and tea leaves. These are shown separately in the Hot Drinks market.

Structure:

The Ready-to-Drink Coffee & Tea market is divided into 2 markets:

  • Ready-to-Drink (RTD) Coffee includes packaged coffee beverages in liquid form, ready for consumption.
  • Ready-to-Drink (RTD) Tea includes packaged tea beverages in liquid form, ready for consumption.

Additional information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.

The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Key players include Nestlé, Starbucks, PepsiCo, The Coca-Cola Company, and Unilever.

In-Scope

  • Coffee & Tea Drinks in PET bottles, glass bottles, cans, carton
  • Carbonated & non-carbonated RTD Coffee & Tea

Out-Of-Scope

  • Coffee and tea in dry form
  • Syrups
  • Ready-to-Drink Meal replacements
Ready-to-Drink (RTD) Coffee & Tea: market data & analysis - Cover

Market Insights report

Ready-to-Drink (RTD) Coffee & Tea: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Ready-to-Drink (RTD) Coffee & Tea market in Algeria has been experiencing significant growth in recent years.

    Customer preferences:
    Algerian consumers have shown a growing preference for convenience and on-the-go consumption, which has contributed to the rising demand for Ready-to-Drink (RTD) Coffee & Tea products. These beverages offer a quick and easy solution for busy individuals who are looking for a refreshing drink that can be consumed anytime and anywhere. Additionally, the younger generation in Algeria has embraced the Western culture of coffee and tea consumption, further fueling the demand for RTD options.

    Trends in the market:
    One of the key trends in the Ready-to-Drink (RTD) Coffee & Tea market in Algeria is the increasing popularity of flavored and specialty beverages. Algerian consumers are becoming more adventurous in their taste preferences and are seeking unique and innovative flavors. As a result, manufacturers are introducing a wide range of flavors, including fruit-infused teas and coffee blends with hints of caramel or vanilla, to cater to these evolving preferences. Another trend in the market is the growing demand for healthier RTD Coffee & Tea options. Health-conscious consumers in Algeria are looking for beverages that are low in sugar, calories, and artificial additives. This has led to the introduction of products that are made with natural ingredients, such as herbal teas and organic coffee, which are perceived as healthier alternatives.

    Local special circumstances:
    Algeria's warm climate and strong coffee culture have also contributed to the growth of the RTD Coffee & Tea market. The hot weather encourages the consumption of cold beverages, making RTD options particularly appealing. Additionally, coffee has a long-standing tradition in Algerian culture, with coffee houses and cafes being popular social gathering places. This cultural affinity for coffee has translated into a strong demand for RTD coffee products.

    Underlying macroeconomic factors:
    The growing middle class and increasing disposable incomes in Algeria have played a significant role in the development of the RTD Coffee & Tea market. As more consumers have the means to afford these products, the demand has soared. Additionally, urbanization and the changing lifestyle of Algerian consumers have led to a shift in their beverage preferences, with a greater emphasis on convenience and ready-to-consume options. In conclusion, the Ready-to-Drink (RTD) Coffee & Tea market in Algeria is witnessing a surge in demand due to changing customer preferences, including a preference for convenience and on-the-go consumption. The market is also being driven by the introduction of flavored and healthier options, as well as the cultural affinity for coffee and tea. The growing middle class and increasing disposable incomes in Algeria have further fueled the growth of this market.

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

    Modeling approach:

    Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

    Additional notes:

    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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