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...
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 outbreak of COVID-19 in Austria led to restrictions being implemented in the country, with the first lockdown in place from March 2020 until May. This required the closure of all non-essential retailers and foodservice outlets and recommended that consumers worked from home where possible. The closure of foodservice venues during this...
Ready To Drink Premixes Market Research Report by Product (Ready To Drink Coffee, Ready To Drink Health Drinks, Ready To Drink Milk, Ready To Drink Soup, and Ready To Drink Tea), by Distribution (Offline and Online) - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market...
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 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 a...
The outbreak of COVID-19 in Mexico led to a national wide lockdown installed by the government on 31 March. Restrictions of the lockdown included the closure of all non-essential stores, including foodservice outlets, while consumers were asked to stay at home as much as possible. Reasons to leave the home included grocery shopping, and visiting...
Sales of soft drinks were negatively impacted by the COVID-19 pandemic in both off-trade and on-trade volume terms. On-trade volume saw a sharp double-digit decline in 2020, due to the closure of foodservice outlets, college and university canteens and recreational areas. Sales benefited to an extent from increased domestic consumption in...
The Azerbaijani government moved to shorten foodservice opening hours on 22 March, before closing all foodservice outlets altogether on 29 March. Some outlets were permitted to reopen on 4 May, but these did not include those in the country’s biggest cities, Baku, Ganja, Sumgayit and Lankaran, where the rates of COVID-19 infection were still...