In 2020, consumer foodservice saw an enormous current value decline, along with a slightly slower fall in transaction volumes. During the initial phase of the lockdown to prevent COVID-19 in India (April and most part of May), restaurants remained closed due to strict lockdown measures, which had a huge negative impact on consumer foodservice...
Consumer foodservice performance suffered throughout 2020, as the pandemic swept the nation, sending customers into lockdown from March 2020, and shifting consumer spend onto retail, away from foodservice. During the lockdown period, businesses had to adapt their strategies to survive; a concept that was easier for chained players than independents. Consumer...
COVID-19 restrictions and health concerns severely impacted the whole consumer foodservice sector in Ireland. Besides national or regional restrictions and social distancing measures, the Irish hospitality and foodservice sector is closely tied to international tourism, which was heavily restricted in 2020. Furthermore, due to home seclusion,...
Since the coronavirus outbreak, massive lockdown, store closures and restricted public movement in January and February led to a dramatic decline in China’s economy in 2020. Whilst ultimately effective in containing the virus, the impact on foodservice demand remained significant, with a large slump affecting the entire year’s performance,...
Consumer foodservice was negatively impacted by the COVID-19 virus in 2020, with the economy in Italy being severely hit by the government’s lockdown and restrictions across the year. The initial lockdown from March to May 2020 disrupted consumer foodservice by imposing the closure of outlets across the country. In response to this challenge,...
The Russian economy in 2020 came under the powerful influence of two negative factors at once: the rapid spread of the Coronavirus (COVID-19) pandemic and its detrimental effect on the global economy; as well as the collapse in oil prices in Q1. Consequently, the national currency depreciated significantly against the US dollar and the euro....
The consumer foodservice market in Spain was hit hard by the COVID-19 crisis in the country. Indeed, consumer foodservice was amongst the sectors of the Spanish economy to see the most pronounced negative effects of COVID-19 and measures introduced to limit the spread of the disease, witnessing marked declines in value sales and outlet numbers...
COVID-19 had a drastic negative impact on all categories of consumer foodservice in the United Arab Emirates in 2020. This was primarily due to the impact of national lockdown restrictions which meant that businesses in this industry had to close their doors do eat-in customers for long periods of time in order to prevent crowds of people...
In response to the COVID-19 pandemic, the UK government imposed national lockdowns, which lasted for more than four months in 2020. During the lockdowns, the consumer foodservice industry was not allowed to offer an eat-in service, which negatively impacted the value sales of foodservice providers. During home seclusion, with the curtailment...
Due to the outbreak of COVID-19 in 2020, Belgium implemented a lockdown from March, which required all consumer foodservice outlets to close. In addition, the government imposed restrictions outside of the lockdown periods, which required foodservice venues to implement social distancing policies and limit consumer numbers, stifling trade...