Industry Analysis & Industry Trends
Strong demand and the rapid premiumisation of tea and coffee products has driven revenue growth in the Tea and Coffee Manufacturing industry over the past five years. Industry revenue is forecast to rise by an annualised 3.6% over the five years through 2014-15 to total $2.2 billion. Australia's tea and coffee culture has supported demand for industry products over the past five years, with particularly strong growth for products at higher pricepoints. Manufacturers across the industry have worked to meet consumer demand by offering a raft of new premium products, in an effort to attract premium prices. This trend is expected to continue over the next five years. However, strong competition within the industry is expected to limit growth, with industry revenue growing by just 1.5%... purchase to read more
Industry Report - Industry Products Chapter
Industry operators produce a range of tea and coffee products, including instant coffee and tea bags, coffee beans and ground coffee, coffee capsules and loose-leaf tea. Industry products are divided based on the proportion of revenue that each segment generates.
Despite changing consumer preferences and trends, instant coffee remains the largest product segment in the industry, accounting for 39.6% of industry revenue in 2014-15. Instant coffee is generally produced in granulated or powdered form in glass jars, aluminium tins or plastic sachets. It dissolves instantly in hot water and tends to have a long shelf life. Popular instant coffee brands include Nescafe and Moccona... purchase to read more