Environmental pressures and consumer demand are set to reshape business models and operations with a revolution of product technologies and services. This report introduces Euromonitor’s Environmental Sustainability Index, which ranks 97 markets – which in 2019 represented 89.1% of the world’s population and 97.2% of global GDP – highlighting country-specific risks and opportunities in the sustainability space.

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The pet humanisation and premiumisation trends continue to boost growth for Hill’s Pet Nutrition. Following its 2019 global relaunch, Hill’s Pet Nutrition focused on the brand’s purpose. Revived packaging sought to create a stronger human connection and boost sales. The COVID-19 pandemic significantly increased the adoption of online shopping worldwide, which fast tracked an already fast-growing channel. The company launched two initiatives to expand its e-commerce business.

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Sales of Asian speciality drinks are not notable in the US, and there are no signs that such drinks will be available in the country in the near future.

Euromonitor International's Asian Speciality Drinks in USA report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2015-2019), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic…

The Coronavirus (COVID-19) pandemic has radically transformed the economic and consumer landscape of Latin America. For the drinks industry, the closure of the on-trade and measures encouraging more at-home consumption have resulted in the collapse of high-margin categories such as draft beer and fountain soda as well as impulse and small format items. This report will explore the lasting effects of the channel disruption in the region, the new routes to consumers and strategies for growth…

Store cards are not currently available in Romania and there are no expectations that such products will be launched over the forecast period. Store cards are successfully substituted in Romania by co-branded credit cards or classic lending products provided by banking or non-banking institutions.

Euromonitor International's Store Card Transactions in Romania report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards,…

STADA has continued to grow strongly during challenging times and, despite the difficult operating environment created by the coronavirus pandemic, which has reduced growth rates across most of the consumer health industry, the company doubled its revenue in 2020, following several acquisitions during the year. STADA’s recent rapid growth, with an aggressive acquisition strategy and ongoing brand awareness activities, creates optimism for the company’s performance in the coming years.…

Positive net migration will be the key driver of population growth in Singapore in 2019-2040. Ageing, compounded by low birth rates and rising longevity, will remain a key demographic trend which is set to transform the consumer landscape further, as well as placing mounting pressure on state resources. As a densely population city-state with an affluent population, Singapore should continue to be an extremely attractive consumer market.

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The COVID-19 pandemic has ended nearly three decades of uninterrupted growth in Poland. Following 2019’s growth of 4%, GDP has declined by 5% in 2020. Unemployment has risen and the labour market has been severely impacted by lockdown measures and a drop in demand. Wages are set to continue to fall over the forecast period. During the country’s first lockdown, a consumer shift to less frequent shopping led to increased purchases of larger packaging formats, though once lockdown restrictions…

The Coronavirus pandemic has radically transformed the economic and consumer landscape of Latin America. It has changed the way consumers live, work and shop. Increased time at home, price-sensitive consumers, a focus on mental wellbeing and sustainability, as well as reliance on e-commerce are all themes discussed in this report. This “new normal” will present packaged food companies with significant challenges but also opportunities for innovation and growth.

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Carbonates sales have declined in both the off-trade and on-trade channels in 2020, with demand stalling as consumers have remained at home. To help control the spread of COVID-19 there were widespread closures seen in the foodservice channel, especially during the state of emergency, with this putting a significant dent in sales of carbonates. Furthermore, demand also fell due to the temporary closure of schools and colleges coupled with many employees working from home. Even as…

COVID-19 has had a considerable impact on carbonates in Ireland, in particular on the on-trade channel. The temporary closure of all foodservice outlets from March resulted in a steep decline in both on-trade volume and value sales in 2020. Sales of carbonates are highly dependent on their consumption at restaurants and bars, and COVID-19 led people to be more reluctant to frequent public places even after outlets reopened. Social distancing has remained in place in the on-trade channel,…

Foodservice consumption has been severely impacted in 2020 owing to the closures of some on-trade outlets during Indonesia’s large-scale social restrictions and social distancing measures. Furthermore, some consumers have only been buying food, leaving beverages, when ordering takeaways or deliveries. Carbonates sales in retail have also been in decline in 2020. In regard to soft drinks, people have tended to choose to consume lots of mineral water and also drinks that are high in vitamin C,…

In light of the measures to cope with Coronavirus (COVID-19), carbonates sales fell dramatically in the on-trade channel during spring 2020. As the lockdown eased from May, Germany’s on-trade channel recovered through the summer. However, consumers remained cautious and reluctant to return to on-trade establishments for health and economic reasons. This had a significant impact on carbonates that depend heavily on the club and bar scenes for sales, such as tonic water/other bitters and…

The advent of the COVID-19 pandemic in France did not offset the long-term structural declines that have been evident in the category for some years. On the contrary, the COVID-19 situation merely exacerbated the declining demand that is being seen in carbonates on the basis that these products are high in added sugar. Nevertheless, the category had a brief period of dynamic off-trade sales growth during March 2020 as consumers stockpiled carbonates during the early stages of the COVID-19…

Volume sales of carbonates in 2020 were not as affected by stockpiling as other basic and practical categories such as bottled water and concentrates. Consumers prioritised spending elsewhere amidst the COVID-19 outbreak. Stronger competition from water and concentrates, with its low unit price and fortified formulas, attracted consumers in 2020. Health factors also contributed to the shift towards bottled water, while concentrates represented a more economical option in times of constrained…

Carbonates off-trade volume sales are expected to decline over 2020 as a whole, and at a faster rate than in 2019. Consumption has been undermined by the economic fallout of COVID-19, with heightened uncertainty, rising unemployment and the erosion of purchasing power leading Brazilians to curb discretionary spending. Moreover, lockdown measures and social distancing rules imposed to curb the spread of the virus have resulted in consumers spending less time outside their homes, which has…

Carbonates saw some benefit in the off trade in 2020, as overall volume sales rose by 4%, having declined by 2% in 2019. More Belgians bought more soft drinks for at-home consumption during the pandemic, and 2020’s relatively warm weather also contributed to growth. All category members posted positive retail volume growth, which represents an improvement on their mostly negative 2019 rates. Tonic water/other bitters and ginger ale rose fastest. The lowest volume growth was seen by regular…

On-trade consumption of carbonates will show a drastic fall in 2020, in both volume and value terms. The main cause of this is the almost total closure of foodservice outlets between March and August, but the lack of tourists, ban on public events and reduction in levels of disposable income are also contributing factors. On-trade volumes will partially shift to the off-trade, where declines will not be so severe. However, there will still be a very significant decline in overall carbonates…

The introduction of lockdown measures in response to COVID-19 throughout Argentina has had a devastating impact on carbonates foodservice sales. The closure of the country’s entire consumer foodservice industry during the first lockdown and suppressed demand throughout the rest of the year had a major impact on consumption of carbonates. During the lockdown, some restaurants continued to operate via the provision of home delivery services. However, the majority of customers purchased food…

2020 saw the COVID-19 pandemic exert a negative influence on sales of bottled water in Vietnam. Although off-trade volume sales increased substantially over the course of the year due to the high levels of stockpiling seen in the category during the early stages of the pandemic situation, on-trade volume sales recorded steep declines over the course of the year. The main reason for the negative growth seen in foodservice sales of bottled water during 2020 was the nationwide quarantine…