As a result of the impact of COVID-19, off-premise consumption of hot drinks in Argentina plummeted in 2020. Initially, in response to the outbreak, many consumers began stockpiling, thus boosting volume until mid-April. However, consumption later started to decrease as a result of the major economic lockdown, rampant unemployment and reduced purchasing power among middle-low income consumers.
Hot Drinks in Argentina report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.
Product coverage: Coffee, Other Hot Drinks, Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Hot Drinks market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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35 pages •
By Euromonitor International
• Jan 2021
Foodservice outlets throughout Georgia were forced to close for almost half of 2020, as a measure against the spread of COVID-19. This caused severe declines in on-trade sales volumes of coffee, tea and other hot drinks.
Hot Drinks in Georgia report offers a comprehensive guide to the size and shape of the market at a national level....
35 pages •
By Euromonitor International
• Feb 2021
Before COVID-19 struck, Egypt had been starting to recover from the severe devaluation of the Egyptian pound in late 2017 which led to steep inflation and inflation was lower in 2020, which has protected demand for hot drinks.
Hot Drinks in Egypt report offers a comprehensive guide to the size and shape of the market at a national...
38 pages •
By Euromonitor International
• Jan 2021
Many Nigerian businesses were negatively impacted by the lockdown in the first half of the year to control the spread of COVID-19, leading to job losses, some permanent closures, disruption to supply chains and weaker consumer spending. The local currency suffered depreciation and manufacturers who depend on imports were put under intense...
39 pages •
By Euromonitor International
• Jan 2021
In 2020, hot drinks in Saudi Arabia registered strong growth in off-trade volume and value terms; however, total volume and value sales of coffee and tea declined slightly as the Saudi government mandated the closure of cafés and restaurants in the early half of the year to try to restrict the spread of the COVID-19 virus.
Hot Drinks...
40 pages •
By Euromonitor International
• Dec 2020
The outbreak of COVID-19 in Turkey, led to the government implementing strict regulations from 21 March 2020, when a curfew was put in place, non-essential retailers were closed, and on-trade establishments, including cafés, restaurants, and cinemas, shut their doors. On-trade closures is set to result in a high volume decline in foodservice...
35 pages •
By Euromonitor International
• Dec 2020
On 13 March the first case of COVID-19 was confirmed in Guatemala and as early as 17 March 2020 the Guatemalan government took several measures to close the country in order to stop the spread of the virus. In the first weeks this resulted in high- and mid-income consumers stockpiling in order to avoid unnecessary trips to the supermarket.
Hot...
38 pages •
By Euromonitor International
• Jan 2021
Retail hot drinks will perform well overall in response to the pandemic, with volume sales across all the product areas rising notably. Despite having a lenient lockdown, many Latvian consumers have opted to stay at home during 2020, in order to avoid possible contagion of the virus. As a result, consumption opportunities have risen which...
41 pages •
By Euromonitor International
• Jan 2021
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...
35 pages •
By Euromonitor International
• Jan 2021
In response to the COVID-19 pandemic in 2020, hot drinks overall will benefit as healthy growth is expected as a result. Prior to the pandemic, hot drinks was witnessing declining volume sales, however this is expected to return to positive due to the pandemic. This successful performance is largely due to coffee which has seen its volume...
37 pages •
By Euromonitor International
• Jan 2021
Home seclusion and the mandated closure of cafés and restaurants other than for delivery led to an increase in consumption of coffee and tea at home in 2020, and thus to an increase in retail volume and current value sales of packaged coffee and tea. Foodservice volume sales of hot drinks, on the contrary, were severely affected by the lockdown....
Beverage
Tea
Coffee
Retail
World
Retail Revenue
Coffee Sales
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