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...
Hot drinks saw satisfactory performance in 2020, as all three categories posted double-digit value growth on the strength of higher retail volume growth despite higher unit prices. Other hot drinks, which has negligible presence in horeca, saw the highest volume and value growth for the second consecutive year. Hot Drinks in Ukraine...
The Surgical Gloves Market was valued at US$ million 2,292.03 in 2019 and is projected to reach US$ 5,028.07 million by 2027; it is expected to grow at a CAGR of 10.3% from 2020 to 2027. The growth of the Surgical Gloves market is mainly attributed to factors such as rising number of surgical procedures worldwide, and rising cases of healthcare...
Hot drinks will be hit hard by foodservice closures and the ban on public gatherings in 2020. Retail sales are expected to increase somewhat, however, as a result of home seclusion following the implementation of lockdown and social distancing measures in Kenya. As most consumers are expected to follow government guidelines, consumers have...
Algeria’s economy contracted sharply in 2020 and was hit by two shocks—the spread of COVID-19 and the sharp decline in oil prices, as oil and natural gas account for the bulk of budget revenues. With the Algerian dinar depreciating as a result of the economic crisis, this made imports in particular more expensive, and there was also general...
The emergence of COVID-19 has had a significant impact on hot drinks in New Zealand in 2020. Ahead of a national lockdown, consumers engaged in what was described as panic-buying, with the dominant distribution channel of supermarkets and domestic supply chains struggling to keep up. As such, many supermarkets imposed buying restrictions which...
Due to the outbreak of COVID-19 in Serbia, hot drinks retail sales are increasing notably, moving volume sales from a decline in 2019 to positive growth in 2020. This growth is driven from lockdown periods and ongoing home seclusion, with consumers increasing their consumption of hot drinks within the home. This was especially the case when...
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...
Overall, hot drinks experienced a major decline in 2020 due to Coronavirus (COVID-19). A key factor in the decline was the mandated closure of on-trade establishments for parts of the year. Furthermore, social distancing requirements also had a negative impact on hot drinks. In Croatia, hot drinks are often consumed on social occasions, and...
Despite some short-term stockpiling in March 2020, initial consumer panic diminished fairly rapidly as supplies of hot drinks were relatively unaffected and consumers were still able to shop at grocery outlets and online. As a result, unit prices remained stable, and unit price growth was actually slower than the previous year. Hot...