The impact of COVID-19 on hot drinks is reflected predominantly in the temporary closures and reduced capacities of foodservice establishments. In addition, Slovenian consumers have increasingly been adopting a more conscious approach to consumption that promotes health, which has led to a growing emphasis on the functional characteristics...
Hot drinks overall will see growth slightly slowed by the impact of the COVID-19 pandemic in 2020 overall. However, all three product areas will respond differently according to consumer demands and preferences. For example, coffee will see slowed growth as a result of the declining economy as consumers limiting consumption and switch to economy...
Off-trade soft drinks sales are expected to recover due to the impact of the COVID-19 pandemic in 2020 as a result of a shift from on-trade to off-trade, with volume growth returning after the declines of 2019. Soft Drinks in Switzerland report offers a comprehensive guide to the size and shape of the market at a national level. It...
Retail volume sales and value sales hot drinks are set to post gains in 2020 in light of COVID-19 and the pandemic-related regulations that have forced consumers to spend more time at home. In the early months of 2020, at the onset of the pandemic, there was a slight uptick in demand for hot drinks and incidents of stockpiling occurred as...
Hot drinks will be hit hard by foodservice closures and the ban on public gatherings in 2020. Retail sales are expected to increase somewhat, however, as a result of home seclusion following the implementation of lockdown and social distancing measures in Kenya. As most consumers are expected to follow government guidelines, consumers have...
The global coffee market is projected to grow at a CAGR of 4.22% during the forecast period (2020-2025). - The convenient forms of coffee, like coffee pods and capsules and RTD coffee are becoming popular among masses (especially in North America and Western Europe) to prepare good coffee in the comfort of home, in less time. For instance:...
In 2020, in response to the pandemic, consumption of hot drinks has been somewhat impacted as the Uruguayan economy has continued to suffer as a result of COVID-19. The Uruguayan GDP is projected to downfall -3.0% in 2020 well over -5,2% decrease for the average of other Latin American countries, according to the estimates of the International...
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...
The impacts from COVID-19 in Guatemala in 2020 have affected categories in soft drinks in different ways. Some categories have seen a shift from on-trade consumption to at-home consumption (such as seen with carbonates), however other categories did not have notable on-trade sales to start with (for example as seen with sports drinks), therefore...
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...