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...
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...
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...
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...
Hot drinks will perform well overall in response to the outbreak of COVID-19 in 2020. The main reason for this is due to increased consumption opportunities at home as a result of lockdown. With many consumers remote working or receiving online classes, the demand for hot drinks has increased notably. This has especially been seen in coffee,...
The COVID-19 pandemic had a very negative impact on on-trade sales of hot drinks during 2020, although off-trade sales increased in coffee and other hot drinks over the course of the year. The main reason for the dramatic declines seen in sales of all categories of hot drinks in the foodservice channel over the course of the year can be attributed...
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...
According to National Bureau of Statistics, the on-trade consumption during the Spring Festival accounted for 15.5% of annual total on-trade revenue in 2019. The outbreak of COVID-19 during the Spring Festival in China during 2020 caused a severe impact on on-trade consumption. According to China Cuisine Association, around 93% of the on-trade...
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...