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Global Coffee Market Updates, News and Data 2020.

In 2020, work-at-home measures brought in as a response to curbing COVID-19 cases have positively impacted coffee sales in the retail channel in Malaysia. The increase in volume sales is also linked to Malays venturing out less often in their free time, as they seclude themselves from the virus, with retail gaining some coffee consumption previously taking place in foodservice outlets or institutions, many of which have temporarily closed or been offering takeaway and delivery only.…

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Added by snehathorat on March 28, 2021 at 6:24am — No Comments

Global Coffee Market Updates, News and Data 2020.

The outbreak of COVID-19 in Mexico led to the government implementing national restrictions from 31 March, encouraging consumers to stay at home, while closing foodservice outlets. Once venues were open, safety measures were introduced, further reducing consumer numbers and sales. As such, foodservice volume sales are set to move from 2% growth in 2019, to a decline of 36% in 2020. With foodservice closed, consumers increased their purchases of retail goods, with some stockpiling taking…

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Added by snehathorat on March 28, 2021 at 6:15am — No Comments

Global Coffee Market Updates, News and Data 2020.

Coffee will see increased retail current value sales in 2020, as working from home, social distancing, hospitality closures and the quarantine due to COVID-19 has increased consumers’ time at home and thus the opportunities for home consumption moments. Since 2016, consumption and spending on coffee have gradually increased, largely driven by instant coffee, which has the highest consumption volumes. However, ground and roasted coffee have been growing steadily too. The growth pre-pandemic…

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Added by snehathorat on March 28, 2021 at 5:56am — No Comments

Global Coffee Market Updates, News and Data 2020.

Given the closure of consumer foodservice outlets for all but takeaway and delivery services as part of the efforts to restrict the spread of COVID-19, a significant shift towards at-home consumption of coffee is anticipated for 2020. This is set to drive a strong retail performance for coffee over the course of the year, with many consumers continuing to avoid consumer foodservice establishments even after they have reopened as they continue to practice social distancing.

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Added by snehathorat on March 28, 2021 at 5:49am — 1 Comment

Global Coffee Market Updates, News and Data 2020.

Due to the outbreak of COVID-19 in Turkey, the government installed restrictions from the end of March, closing foodservice outlets until June. Therefore, all cafés, restaurants and bars were closed in the country for three months. In addition, further restrictions were put in place during Q4 of 2020. This is set to have a significantly negative impact on foodservice sales, moving from 10% volume growth in 2019 to a double-digit decline in 2020.

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Added by snehathorat on March 28, 2021 at 5:38am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

COVID-19 boosted sales of coffee, tea and other hot drinks through retail in the first half of 2020 as the country went into lockdown and consumers were confined to their homes. On the contrary, the lockdown measures negatively affected sales of coffee, tea and other hot drinks through the on-trade and institutional channels.

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Added by snehathorat on March 28, 2021 at 3:35am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

During the coronavirus (COVID-19) pandemic, cities and towns adopted closed-off management measures to prevent virus transmission. For consumer foodservice, the outbreak of COVID-19 during the Spring Festival in China had a severe impact on on-trade consumption as the vast majority of outlets had to shut down. In order to minimise the losses, a significant number of chained on-trade companies suspended their expansion plans in 2020, with some even having to close non-essential outlets to…

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Added by snehathorat on March 28, 2021 at 3:31am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

In 2020, the greatest impact of COVID-19 on hot drinks in Costa Rica pertains to the mandated closure of foodservice outlets for several months, with a sharp decline in foodservice volume sales expected. Overall, off-trade consumption is not expected to compensate for the closure of on-trade outlets, as the total volume sales of hot drinks are expected to decline in 2020. Coffee is set to struggle the most with the closure of foodservice outlets and the loss of touristic activities, since…

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Added by snehathorat on March 28, 2021 at 3:25am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

All categories of hot drinks, especially other hot drinks, saw an increase in retail demand in the early half of 2020, as consumers stockpiled goods such as coffee and tea during the COVID-19 pandemic. These products benefitted not only from stockpiling, but from consumers spending more time at home during lockdown. In addition, other hot drinks such as chocolate-based flavoured powder drinks saw a temporary boost from the increased number of children being schooled at home and a boom in…

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Added by snehathorat on March 28, 2021 at 3:16am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

The outbreak of COVID-19 in Turkey, led to the government implementing strict regulations from 21 March 2020, when a curfew was put in place, non-essential retailers were closed, and on-trade establishments, including cafés, restaurants, and cinemas, shut their doors. On-trade closures is set to result in a high volume decline in foodservice sales of hot drinks, negatively affecting total volume growth in 2020. Even once foodservice outlets reopened in June, consumers remained wary of…

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Added by snehathorat on March 28, 2021 at 3:11am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

Consumer foodservice outlets were forced to close for all but takeaway and delivery services as part of the strict lockdown measures to combat the spread of the Coronavirus (COVID-19) pandemic. The foodservice channel is significant in sales of hot drinks in Switzerland and this will obviously have a devasting impact on consumer foodservice volumes of hot drinks products, all of which are set to record steep double-digit declines over 2020.

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Added by snehathorat on March 28, 2021 at 3:06am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

At the beginning of the COVID-19 pandemic, all categories experienced an increase in demand as consumers stockpiled products. However, this behaviour was short-term and subsided when consumers realised there would not be shortages or supply issues. Hot drinks benefitted not only from the short-term stockpiling effect, but also from increased hot drink consumption at home, due to working from home policies and reduced social interaction. Tea has seen an additional short-term boost due to…

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Added by snehathorat on March 28, 2021 at 3:00am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

Due to the outbreak of COVID-19 in Mexico, on 31 March, the government installed a nationwide lockdown, which closed foodservice outlets and encouraged consumers to stay at home. Non-essential stores were closed, while grocery retailers remained open. This restrictive period continued until late May, and encouraged the stockpiling of retail goods, with consumers spending more time at home. As well as being wary of the COVID-19 pandemic impacting future supplies, many consumers stockpiled…

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Added by snehathorat on March 28, 2021 at 2:57am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

The hot drinks market in Malaysia has only declined by a small amount in total sales terms in 2020, despite the large loss of custom in the foodservice channel as a result of measures to tackle COVID-19. While the on-trade has contended with outlet closures, restricted opening times and limited seating, the nationwide use of food delivery services has helped it prevent bigger losses. Also, the closure of on-trade establishments was only a temporary measure as the Malaysian government allowed…

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Added by snehathorat on March 28, 2021 at 2:25am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

Following the outbreak of COVID-19, a national lockdown was imposed in Greece, resulting in the closure of foodservice outlets across the country as well as home seclusion for Greek consumers. Café closures will have a considerable negative impact on on-trade consumption in hot drinks. Despite widespread closures, companies that offer a high level of takeaway or home delivery options (specifically those who received at least half of their revenue from takeaway or home delivery) were allowed…

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Added by snehathorat on March 28, 2021 at 2:11am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

At the beginning of the pandemic all categories saw an increase in demand, as consumers stockpiled goods like coffee and tea. Generally, these categories benefited not only from stockpiling effects, but also from consumers spending more time at home, and even working from home. Moreover, tea has seen a short-term revival as a healthy drink at a time when consumers are more and more concerned about their health and the products they consume. While retailers have benefited from the pandemic,…

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Added by snehathorat on March 28, 2021 at 2:04am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

The impact of the COVID-19 pandemic on the French hot drinks market was complex and resulted in some divergent outcomes. In particular, significant differences were noted between the retail and foodservice channels. More specifically, retail sales of hot drinks recorded positive growth while on-trade sales recorded very steep declines. The main reason for these opposing trends was the substantial shift seen towards at-home consumption due to the quarantine lockdowns that were enforced in…

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Added by snehathorat on March 28, 2021 at 1:59am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

COVID-19 is expected to greatly benefit hot drinks with healthy retail value and volume growth across tea, coffee and other hot drinks. Even with the dramatic downturn in foodservice volume in 2020, overall volume and current value sales are expected to be higher than in 2019. With strict lockdown measures for much of 2020, and people spending long periods of time at home, a lot more hot drinks are consumed.

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Added by snehathorat on March 28, 2021 at 1:54am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

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 brands. Tea on the other hand, will see almost no change, as tea is often consumed during times of distress due to its comforting disposition.…

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Added by snehathorat on March 28, 2021 at 1:46am — No Comments

Global Hot Drinks Market Updates, News and Data 2020.

The spread of COIVD-19 in 2020 has sent shockwaves throughout the foodservice industry, with horeca establishments forced to shut down during lockdown and facing severely limited trade for much of the year even as restrictions eased. The effect on hot drinks has been felt throughout all sales channels, with some products boosted through retail while others continued to fall. As coffee has seen an increase in at-home consumption of high-quality products due to the closure of horeca…

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Added by snehathorat on March 28, 2021 at 1:42am — No Comments

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