In response to the COVID-19 pandemic, better for you beverages and better for you packaged food will see opposing performances in 2020 overall. For example, BFY packaged food is expected to largely benefit from the pandemic, with most product areas seeing increased demand. In contrast, BFY beverages is expected to see declining current value...
Retail sales of health and wellness food and beverages are set to see some benefit from the impact of COVID-19 in 2020. The shutdown of foodservice outlets at the beginning of the year, restrictions on travel, the closure of educational institutions and consumers working from home where possible has drastically increased the number of consumers...
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...
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,...
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...
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...
The impact of the COVID-19 pandemic on Tunisia was much less pronounced than what was seen in other North African countries during 2020. However, the government did implement a nationwide quarantine lockdown, which saw the consumer foodservice industry completely shuttered for several weeks during spring and early summer. This inevitably had...
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...
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...
COVID-19 had a mixed impact on health and wellness packaged food and beverages in Ukraine in 2020. On the one hand, volume sales in many categories slowed sharply or declined as the resultant economic shock led consumers to abruptly reduce spending. Given that they tend to be more expensive than standard alternatives, health and wellness products...