Hot Drinks Market Continues to Grow in 2019

 

The global hot drinks market continues to grow, reaching a retail value of USD $152 billion in 2018. Tea is the fastest-growing segment, boosted by growing demand from emerging economies in Asia, but demand for coffee and other hot drinks is expanding as well. The largest change since last year has been the expanding size of the major players, with companies like Nestle and Lavazza making a wave of big acquisitions.

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