Soft drinks sales saw a strong recovery in 2021 despite the country continuing to be affected by COVID-19. Improvements in the non-oil economy, supported by the easing of COVID-19 restrictions provided a big boost. Nonetheless, the main brands continued to limit their operations and waited to see how the market and consumers would respond...
Prior to the COVID-19 pandemic, rising incomes, rapid urbanisation and a growing population that includes a high proportion of young people boded well for soft drinks in Bangladesh. Other factors conducive to soft drinks consumption included rising domestic production, the hot climate and inadequate access to safe drinking water. Soft...
Soft drinks in 2021: The big picture Soft Drinks in Panama report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2017-2021), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic...
All product areas responded negatively to the COVID-19 pandemic in 2020, with some witnessing volume decline while others witnessed a slowdown. The main reason for this was due to the financial repercussions of the pandemic, which meant disposable incomes declined and consumers were forced to economise. As a result, consumers prioritised more...
Strong growth was seen in soft drinks in both the off-trade and on-trade channels in 2021. On-trade sales enjoyed a strong recovery in 2021 following the steep declines seen in 2020, when this channel’s performance was negatively impacted by the lockdowns and other restrictions imposed due to the COVID-19 pandemic. The easing of restrictions...
China’s demand for Soft Drinks has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
There remains a great deal of economic uncertainty within Lebanon which has been further worsened by the COVID-19 pandemic. As a result, many consumers remain cautious in their spending on discretionary items, including soft drinks. The pandemic has led to declining incomes and created price hikes as well as importation issues. Furthermore,...
Carbonates dominate retail value sales of soft drinks in Egypt, with bottled water and juice accounting for most of the remainder. Having risen at their fastest rate in almost a decade during 2020, as COVID-19 led local consumers to stock up on bottled water and carbonates and drove a shift in demand from the on-trade to the off-trade, off-trade...
Off-trade volume sales of soft drinks in Côte d’Ivoire are dominated by bottled water and carbonates, with the rate of growth slowing significantly in 2020 due to the economic shock of the pandemic and recovering only partially in 2021. During 2020, bottled water overtook carbonates, as the former was regarded as more of an essential purchase...
Soft drinks will continue to be impacted by both the sugar tax and the COVID-19 pandemic in 2021. Likewise, consumers are expected to switch to healthier and more natural options, such as juice and bottled water, as consumers become more conscious of health and wellbeing especially since the outbreak of COVID-19. Soft Drinks in Sri...