The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreMar 2021
US$2,100Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
South Africa was in a recession already prior to the start of COVID-19. The arrival of the pandemic exacerbated the economic downturn, causing real GDP to contract steeply in 2020.
The initial hard lockdown spanned 26 March to 30 April. During this time borders were closed to tourists but not for the distribution of goods, while interprovincial travel was banned, and domestic and international tourist flights ceased.
Price promotions were frequently seen in 2020 as retailers and manufacturers did all they could to keep retail hot drinks affordable amid significantly declining purchasing power. These promotions were also common prior to COVID-19, as South Africa was already technically in an economic recession when the pandemic started.
Generally speaking, distribution has not been negatively affected by COVID-19, primarily due to most hot drinks being produced locally. In 2020, hot drinks therefore remained available throughout the lockdowns via grocery retailers as they are deemed essential products.
Retail was the dominant hot drinks channel pre-pandemic and foodservice closures and restrictions in 2020 widened the sales gap further. To some extent, off-trade hot drinks, especially coffee, absorbed consumer expenditure that would have normally gone on foodservice hot drinks during the year.
Although overall hot drinks volume sales in the foodservice channel are expected to fully recover by 2024, in retail there is no catch-up taking place. Off-trade volume sales are poised to keep rising, aided by slow population increases, urbanisation and cheaper prices compared with the on-trade.
Files are delivered directly into your account within a few minutes of purchase.
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.
Delivery: Files are delivered directly into your account within a few minutes of purchase.
Overview
Discover the latest market trends and uncover sources of future market growth for the Hot Drinks industry in South Africa 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 South Africa, 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 South Africa for free:
The Hot Drinks in South Africa market research report includes:
Our market research reports answer questions such as:
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.