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Learn moreJan 2021
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In response to the COVID-19 pandemic in 2020, hot drinks overall will benefit as healthy growth is expected as a result. Prior to the pandemic, hot drinks was witnessing declining volume sales, however this is expected to return to positive due to the pandemic.
A state of emergency was introduced on 17 March 2020, with a curfew imposed from 2000-0500hrs. Borders were closed on 25 March.
Due to the COVID-19 pandemic, innovations and new launchers have been somewhat stagnant in 2020 as most producers have focused on maintaining sales rather than new offerings. Nonetheless, one player that stands out in particular is domestic Vispak dd which has been focusing on launches in both coffee and tea.
In terms of distribution, the COVID-19 pandemic has led independent small grocers to lose even more shares within hot drinks in Bosnia and Herzegovina. in contrast, modern grocery retailers has been largely benefiting from both the pandemic and lockdown.
The foodservice industry has been hit hard by the COVID-19 pandemic in 2020. Volume sales have plummeted in response to lockdown as foodservice establishments were obliged to close between the months of March and May.
From 2021, hot drinks is anticipated to return immediately to trends that were seen prior to the pandemic. For example, coffee and other hot drinks which largely benefited from the pandemic, will see slowed growth as consumption opportunities at home decrease as consumers returned to their pre pandemic routines.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Hot Drinks industry in Bosnia and Herzegovina with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Hot Drinks industry in Bosnia and Herzegovina, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from these category reports in Bosnia and Herzegovina for free:
The Hot Drinks in Bosnia and Herzegovina market research report includes:
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Why buy this report?
This industry report originates from Passport, our Hot Drinks market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.