Market Overview

2014 Tea and Coffee Industry Trend and Forecast in Canada Report Share

Share:
2014 Tea and Coffee Industry Trend and Forecast in Canada Report Share

Most up-to-date research on "Tea and Coffee - Canada - September 2014" to its huge collection of research reports.

Appealing to older coffee drinkers, for example via pods/capsules which use intense roasts, could help to tap into this flavour interest in a more targeted manner.

Browse Detail Report With TOC @ http://www.researchmoz.us/tea-and-coffee-canada-september-2014-report.html

Table of Content

Introduction
Definition
Excluded
Abbreviations

Executive Summary
The market
Figure 1: Forecast of Canada retail sales of tea and coffee, by value 2009-19
Figure 2: Forecast of Canada retail sales of tea and coffee, by volume, 2009-19
Market factors
Canada’s population is expected to age in the coming years
Growing global demand and unseasonal weather drive up coffee prices
Tea prices have decreased over the past two years
The consumer
82% of Canadian adults drink coffee, while 79% drink tea
Figure 3: Usage of types of coffee, June 2014
Figure 4: Usage of types of tea, June 2014
52% of Canadians drink coffee at least once a day
Flavour is the leading choice factor
Figure 5: Choice factors when purchasing tea, coffee and hot chocolate, June 2014
Tea relies on in-home consumption
Figure 6: Locations for drinking tea, coffee and hot chocolate, June 2014
Almost half of coffee drinkers currently use single-serve machines
Half of coffee drinkers are prepared to take their time for an improved taste
Figure 7: Attitudes towards coffee, June 2014
43% of tea drinkers enjoy experimenting with different flavours of tea
Figure 8: Attitudes towards tea, June 2014
What we think

Insights and Issues
Increasing popularity of coffee pods could bring down prices
The facts
The implications
Appealing to older palates with hot beverages
The facts
The implications
Specialized teas can increase consumption in and out of the home
The facts
The implications
Highlighting the qualities of ethical tea and origins
The facts
The implications

Browse Reports in Beverages @ http://www.researchmoz.us/beverages-market-reports-85.html

Trend Application
Trend: Sense of the Intense
Trend: Help Me Help Myself
Trend: Prove it

Market Drivers
Key points
Canada’s population is expected to age in the coming years
Figure 9: Projected trends in the age structure of the Canada population, 2014-19
Figure 10: Estimated share of population in Canada, by ethnicity
Growing global demand and unseasonal weather drive up coffee prices
Figure 11: Composite indicator Prices - US cents per pound of coffee, 2012- 2014 (August)
Canada’s open market for coffee and the popularity of coffee shops
Tea prices have decreased over the past two years
Figure 12: Monthly tea prices: US cents per kg, 2012- August 2014
Consumer confidence and disposable income remain resolute
Figure 13: Consumer Confidence Index, monthly, January 2008-May 2014
Figure 14: Household disposable incomes and savings in Canada, 2008-14

Strengths and Weaknesses
Strengths
Weaknesses

Who’s Innovating?
Key points
Pre-filled coffee formats continue to thrive, driven by new pod launches
Figure 15: New product launches in the Canadian coffee market, by format, 2011-14
Private label coffee launches have increased
Figure 16: New product launches in the Canadian coffee market, private label vs branded, 2011-14
Starbucks jumps to the top of the list of innovators
Figure 17: Share of new product launches within the Canada coffee market, by company, 2011-14*
Coffee pods emerging as a key driver for NPD activity
Other selected pod/capsule innovations
Relatively little NPD activity in the tea market
Figure 18: New product launches in the Canadian tea market, by format, 2011-14
Figure 19: New product launches in the Canadian tea market, private label vs branded, 2011-14
Traditional Medicinals significantly ramps up NPD in 2014
Figure 20: Share of new product launches within the Canada tea market, by company, 2011-14*

Market Size and Forecast
Key points
Canada’s tea and coffee market remains in good health
Figure 21: Canada retail value and volume sales of tea and coffee, 2009-19
Figure 22: Forecast of Canada retail sales of tea and coffee, by volume, 2009-19
Values expected to continue a steady rise
Figure 23: Forecast of Canada retail sales of tea and coffee, by value 2009-19
Forecast methodology

For More Reports Browse @ https://www.linkedin.com/today/author/68229468
 
About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

For More Information Kindly Contact:
Email: sales@researchmoz.us

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

Related Articles

View Comments and Join the Discussion!