Soft drinks were significantly affected by the onset of the COVID-19 pandemic. The on-trade took the brunt of the impact: all cafés, restaurants, bars and clubs were shut from March until June. After this lockdown was lifted, establishments only gradually began to reopen, beginning with those that had open-air seating areas. Indoor restaurants...
Temporary horeca closures at the onset of COVID-19 in Ukraine and restrictions on working hours that were introduced afterwards negatively impacted the soft drinks category. Especially bearing the brunt in 2020 were those categories that were more popular in on-trade channels, including bottled water, carbonates, energy drinks and juice. Occasional...
Despite the lenient lockdown imposed by the Latvian government, soft drinks will perform negatively in 2020 overall as volume sales decline. Unlike hot drinks, soft drinks has been less resilient to the pandemic as the majority of product areas within the latter are regarded as less essential. As the financial repercussions of the pandemic...
The overall performance of soft drinks in 2020 has been negatively affected by the general closure of on-trade establishments because of COVID-19 related restrictions. Costa Rica is a recognized global tourist destination, which received close to three million foreigner visitors during 2019. On average, tourists would spend about two weeks...
COVID-19 had a huge impact on soft drinks in Hong Kong in 2020, with both foodservice and retail volume sales recording a significant decline. In foodservice, soft drinks experienced a substantial loss due to a number of measures to fight the virus imposed by the Hong Kong government. Soft Drinks in Hong Kong, China report offers...
The most obvious impact of the COVID-19 pandemic on the Philippine soft drinks industry during 2020 was the dramatic decline seen in on-trade volume sales, while off-trade volume sales also fell during the year, resulting in negative total volume growth at industry level. Soft Drinks in Philippines report offers a comprehensive guide...
In 2020, Singapore’s government implemented numerous measures, including a circuit breaker (April-June), which featured the closure of gyms and foodservice establishments, save for takeaway or delivery services, and calls for consumers to work and study remotely and abide by social distancing rules, in order to curb Coronavirus (COVID-19)...
COVID-19 benefitted off-trade current value and volume sales, with both indicators up slightly from 2019. It was a different story for on-trade value sales, with double-digit value decline in 2020. Foodservice outlets were closed for parts of the year and when outlets did open, social distancing measures, as well as lower disposable incomes,...
Soft drinks in Saudi Arabia registered negative growth in 2020, mainly as a result of the impact of the government’s measures to reduce the spread of the COVID-19 virus. All foodservice outlets, including cafés, restaurants and bars, were closed in the early part of the year and faced strict limitations upon reopening. The closures preceded...
Off-trade current value and volume sales of soft drinks will benefit overall thanks to the COVID-19 pandemic in 2020. The main reason for this is due to increased consumption opportunities as a result of lockdown and then the ongoing restrictions. With many consumers working from home, they have been consuming more soft drinks per day than...