TATA CONSUMER PRODUCTS Earnings Update
TATA CONSUMER PRODUCTS
Market context - category value growth rates
-5.5%
US
+3.2%
+6.7%
Base period growth rates
UK
-2.2%
-6.4%
-3.1%
-18.2% -2.8%
+3.7%
-15.7%
+6.7%
US Regular Black Tea
UK Regular Black Tea
US Bags Coffee
UK Fruit & Herbals Tea
US K-cup Coffee
Source: Nielsen: 12 weeks (Value) - Mar'22
Canada
0.2%
-12.9% +8.8%
Canada Regular Black Tea
Canada Speciality Tea
India
+6.1%
+17.4%
India Branded Tea
.
Regular black tea category saw a decline
in international markets, driven by
increased mobility that led to a fall in at-
home consumption.
Non-black tea (Fruit & Herbal, Specialty,
Decaf, Cold Infusions, etc.) saw a marginal
uptick in Canada and a decline in the UK,
on a high comparator that benefitted from
increased home consumption last year.
India branded tea category grew, on a high
comparator of last year. The value growth
was evenly driven by volume and pricing.
US Coffee (both Bags and K-cups) grew
with K-cups growing much faster.
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