COVID-19 has shown two facets of hot drinks in Brazil; the resilience and enduring potential of the market at the retail level, and the fragility of on-trade consumption. The latter declined significantly in 2020, as regional lockdowns forced foodservice outlets across the country to close for almost six months, and consumers were slow to...
Overall, growth in value sales of hot drinks is expected to be dampened due to COVID-19. Though foodservice will be affected more severely, retail value sales are also expected to be lower, as a result of COVID. This is largely due to a worsening economy. Kazakhstan is largely dependent on oil and with global oil prices down due to decreased...
The outbreak of COVID-19 in Sweden is expected to result in a double-digit decline for all foodservice sales, with consumers avoiding socialising in public. However, retail value and volume sales are set to move from negative growth in 2019 to positive growth in 2020; with volume sales moving from a decline of 1% in 2019, to a prediction of...
Consumer foodservice outlets were forced to close for all but takeaway and delivery services as part of the strict lockdown measures to combat the spread of the Coronavirus (COVID-19) pandemic. The foodservice channel is significant in sales of hot drinks in Switzerland and this will obviously have a devasting impact on consumer foodservice...
Energy Drinks Market Research Report by Product (Alcoholic and Non-Alcoholic), by End User (Adults, Geriatric Population, and Teenagers), by Distribution Channel - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and forecast across five major currencies...
Following the relatively stagnant growth in 2019, hot drinks in the Czech Republic is expected to post much more dynamic growth in 2020 in current retail value terms. A shift from on-trade to off-trade was evident in 2020, as on-trade sales are expected to sharply drop due to the shutdown of foodservice outlets for over two months. Furthermore,...
Like most countries, the Dominican Republic has been significantly impacted by the onset of the COVID-19 pandemic in 2020. The virus, and the government’s management of it, have affected sales of hot drinks in different ways. The most drastic of these has been the closure of hotels and restaurants, coffee shops and specialist coffee stores...
In 2020, the greatest impact of COVID-19 on hot drinks in Costa Rica pertains to the mandated closure of foodservice outlets for several months, with a sharp decline in foodservice volume sales expected. Overall, off-trade consumption is not expected to compensate for the closure of on-trade outlets, as the total volume sales of hot drinks...
The impact of COVID-19 on hot drinks is reflected predominantly in the temporary closures and reduced capacities of foodservice establishments. In addition, Slovenian consumers have increasingly been adopting a more conscious approach to consumption that promotes health, which has led to a growing emphasis on the functional characteristics...
COVID-19 is expected to greatly benefit hot drinks with healthy retail value and volume growth across tea, coffee and other hot drinks. Even with the dramatic downturn in foodservice volume in 2020, overall volume and current value sales are expected to be higher than in 2019. With strict lockdown measures for much of 2020, and people spending...