Canadian Hot Drinks Executive Summary

252 Words2 Pages
According to MarketLine, the Canadian hot drinks are represented by retail sales of coffee, tea among others. Although in 2014 the compound annual growth rate (CAGR) was 2.8% between 2010 and 2014, the hot drinks market grew at 2.8% and had total revenues of $1,114.7 million as showed on table 1. This CAGR had being considered moderate when compared with the United States and Mexican, which had respectively, 1.6% and 5.6% growing on the market with the total revenues of $10,519.1 million and $1,031.8 million in the same period (MarketLine, 2015, p. 7).

Comparing the CAGR in the consumption volume in the same period, the Canadian hot drinks are represented by 2.5% with the total 73.9 million kilograms as stated on table 2. The forecast