‘Coffee Selfies’ Could Carve out a Niche in Crowded Hot Drinks Market, says Canadean
22 March 2016
According to a recent report by Canadean, hot beverages offering consumers novel and fun experiences,such as customising their drinks through foam art, could spell a new era for the products.
Canadean’s research states that consumers reported the desire for personalised hot drinks influenced 11.6% of their consumption in 2015.
Veronika Zhupanova, Analyst for Canadean, says it is little surprise that the sheer variety of hot beverages on retail aisles leaves many consumers feeling overwhelmed by choice.
Zhupanova comments: “This presents a huge challenge to drinks manufacturers, as they seek to offer something truly unique. Providing consumers with an opportunity to personalise drinks, especially at home, offers a sense of novelty and can create an emotional connection with consumers.”
The analyst adds that while flavour customisation is a particularly popular trendright now, there are various new methods being developed to make hot drinks feel personalised.
Some manufacturers are investing heavily in foam art, which is currently generating a huge buzz. For example, the Ripple Maker coffee machine prints images on coffee foam using 3D techniques, which can replicate images uploaded by the user and print personalised messages.
Zhupanova continues: “The product offers genuinely new experiences of personalisation, with the technology capable of producing a coffee containing your own “selfie”, for example. However, at such a large price point of $999, it is currently far too expensive to appeal to the mass market.”
While waiting for this kind of technology to become cheaper, manufacturers can take inspiration from more affordable solutions, such as the dissolvable latte art strips from Japanese company, Takara Tomy Arts Co. The item allows consumers to create a number of shapes in their beverage, including cartoon characters.
“It is highly likely that concepts like foam art and dissolvable strips will remain niche, representing a novelty rather than a sustained trend. The personalisation concept that underpins them, however, will have a long-term impact on the hot drinks market,” added Zhupanova.
Information based on Canadean’s report: Hot Drinks: Identifying the latest trends for beverage manufacturers in the hot drinks industry
All information correct at time of publication and based on Canadean's research methodology.
Please get in contact if you have any questions about this or other Canadean reports. Analysts are available to comment. Contact the Canadean press office on +44 (0) 161 359 5822 or email email@example.com.