Due to the outbreak of COVID-19 in Austria, hot drinks are set to record a significant decline in on-trade sales, with a foodservice volume growth of 2% recorded in 2019, compared to a decline of 24% predicted for 2020. This result will be the consequence of two lockdowns implemented in the country, with the first running from March-May 2020,...
The hot drinks market saw a positive and performance in terms of both retail value and volume growth in 2020, with improve performances compared with 2019. This was due to the aggregated effect of consumers stockpiling these products during the first quarter of the year, and the idea that hot drinks provide comfort and a sense of well-being...
Health and wellness generally benefitted from the COVID-19 pandemic in 2020 as Swiss consumers became increasingly health conscious and therefore more inclined to follow a healthier, more natural diet. Furthermore, some of the categories are comprised of products that have immune-specific benefits, such as FF packed food and NH tea, leading...
The hot drinks market in Malaysia has only declined by a small amount in total sales terms in 2020, despite the large loss of custom in the foodservice channel as a result of measures to tackle COVID-19. While the on-trade has contended with outlet closures, restricted opening times and limited seating, the nationwide use of food delivery...
The water soluble polymer market is expected to register a CAGR of over 4% during the forecast period. The factors driving the growth of the market studied are the growing shale gas industry in North America and the water treatment industry in the Asia-Pacific region. - On the flip side, other than the impact of COVID-19 pandemic on...
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...
COVID-19 will have a positive effect on off-trade volume sales of hot drinks in Norway during 2020. Amid school closures, more people working from home and significant decreases in both out-of-home socialising and travel, volume sales have shifted from the on-trade and B2B to retail. This is particularly the case for coffee, which is consumed...
South Africa was in a recession already prior to the start of COVID-19. The arrival of the pandemic exacerbated the economic downturn, causing real GDP to contract steeply in 2020. Therefore, in regard to hot drinks, there was limited stockpiling as disposable incomes fell. Additionally, hot drinks are deemed as essential goods and therefore...
As in other countries, retail sales of hot drinks in Uzbekistan to some extent benefited from the closure of horeca outlets due to lockdown, as some consumers switched to the off-trade, especially for tea. Stockpiling occurred for tea as the nation’s favourite drink, with consumers being encouraged to work remotely, which added to their time...
The impact of COVID-19 on demand for hot drinks through foodservice has been significant. In an attempt to control the spread of the virus, the British government implemented a number of restrictions starting from March 2020, which included the closure of bars, restaurants, and cafés for eat-in options. In this context, foodservice outlets...