After seeing slow but stable total volume growth for several years, in 2020 hot drinks has registered a negative performance overall. The government implemented a lockdown for several weeks from March to try and prevent the spread of COVID-19, during which non-essential businesses were closed, which has led to a strong on-trade decline in...
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...
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...
Having suffered from a rise in COVID-19 cases and difficulties within its health system, Chile saw restrictions being implemented in both the off-trade and on-trade channels in 2020. Temporary on-trade closures were seen during the total lockdown to prevent the spread of the virus, with limitations on capacity on reopening. However, some outlets...
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,...
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...
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...
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...
Closures to on-trade outlets caused consumers to make a shift to the off-trade in 2020. Stockpiling took place to a certain extent, as Slovak consumers bulk-bought essential items, such as toilet paper and other hygiene products. Supply of hot drinks remained stable, with no major problems. Hot Drinks in Slovakia report offers a comprehensive...
China’s demand for Enzymes 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 and...