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  4. Ready-to-Drink (RTD) Coffee & Tea

Ready-to-Drink (RTD) Coffee - Algeria

Algeria
  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Ready-to-Drink (RTD) Coffee market amounts to US$754.20k in 2024.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$14.12k in 2024.
  • Revenue, combined amounts to US$768.40k in 2024.
  • The revenue, at home is expected to grow annually by 8.57% (CAGR 2024-2029).
  • In global comparison, most revenue, at home is generated Japan (US$12bn in 2024).
  • In relation to total population figures, the average revenue per capita, at home of US$0.02 are generated in 2024.
  • In the Ready-to-Drink (RTD) Coffee market, volume, at home is expected to amount to 290.00k L by 2024.
  • Volume, out-of-home is expected to amount to 1.76k L in 2024.
  • Volume, combined is expected to amount to 291.70k L in 2024.
  • The Ready-to-Drink (RTD) Coffee market is expected to show a volume growth, at home of 4.4% in 2025.0.
  • The average volume per person, at home in the Ready-to-Drink (RTD) Coffee market is expected to amount to 0.01L in 2024.

Definition:

The Ready-to-Drink (RTD) Coffee market includes packaged coffee beverages in liquid form, ready for consumption. Common variants of RTD Coffee include iced coffee, coffee latte, and cold brew coffee. RTD products are mostly milk-based, but there are also variants like black coffee without milk. This market does not include dry products such as Instant coffee or coffee beans, which are covered in the Hot Drinks market.

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 Starbucks (in cooperation with PepsiCo), Nestlé, The Coca-Cola Company, and Suntory.

In-Scope

  • Coffee Drinks in PET bottles, glass bottles, cans, carton

Out-Of-Scope

  • Coffee in dry form (Instant coffee, coffee beans)
  • Syrups
  • Coffee with alcohol
  • 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 market in Algeria has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences in Algeria have shifted towards convenience and on-the-go consumption. As a result, there has been an increasing demand for ready-to-drink beverages, including coffee. Algerian consumers are looking for quick and easy options that can be consumed anytime, anywhere. This preference for convenience has driven the growth of the RTD Coffee market in the country. Trends in the market have also played a role in the development of the RTD Coffee market in Algeria. The global trend of coffee consumption has been on the rise, and this has influenced the Algerian market as well. As coffee culture becomes more prevalent around the world, Algerian consumers are also embracing the trend and seeking out new and innovative coffee products. This has created opportunities for both local and international coffee brands to enter the Algerian market and cater to the growing demand for RTD Coffee. Local special circumstances have further contributed to the growth of the RTD Coffee market in Algeria. The busy and fast-paced lifestyle of Algerian consumers, coupled with the limited availability of coffee shops and cafes in some areas, has created a need for convenient coffee options. RTD Coffee provides a solution to this need, allowing consumers to enjoy a quality cup of coffee without the need for brewing or visiting a coffee shop. Additionally, the hot climate in Algeria makes cold beverages, such as RTD Coffee, particularly appealing to consumers. Underlying macroeconomic factors have also played a role in the development of the RTD Coffee market in Algeria. The country's growing middle class and increasing disposable income have allowed consumers to spend more on convenience products like RTD Coffee. Additionally, the expanding retail sector and the availability of RTD Coffee products in supermarkets and convenience stores have made it more accessible to a wider range of consumers. In conclusion, the Ready-to-Drink (RTD) Coffee market in Algeria is developing due to customer preferences for convenience, global trends in coffee consumption, local special circumstances, and underlying macroeconomic factors. These factors have created a favorable environment for the growth of the RTD Coffee market in Algeria, and it is expected to continue expanding in the coming years.

    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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