News for the Beverage and Liquid Food Industry
In 2020, the sparkling juice drinks market registered a negative sales growth of -12.1% across the whole of Germany as compared to 2019, according to figures from the market research institute (IRI) for the food retail industry. They predominantly blame rising prices for the declining sales and revenue across the entire sparkling juice drink sector.
Despite its small size, South Korea is one of the largest and most exciting beer markets in the Asian region. With a current per capita consumption of over 39 liters, the country’s beer industry has registered steady growth rates during the last decade as a whole.
The coronavirus pandemic and repeated lockdowns in catering have deeply impacted Austria’s brewing industry.
With the largest global population and rising purchasing power of a vast section of the middle-class in the last three decades, China has become the largest soft drink market on both a volume and value basis.
Even traditionally hot drinks can be transformed into refreshments for any occasion. Cold tea drinks can be pure or augmented by fruity notes, sweetening or and even organic variations – offerings that consumers increasingly desire.
The lockdown in March/April 2020 and the (partial) lockdown in place since November 2020 have led to great losses in the beverage industry. The evaluations of GEDAT Getränkedaten show the extent of these losses. The data was collected based on the number of companies supplied by beverage wholesalers each month in the out-of-house market.
The Australian beer industry has suffered on account of declining consumption in the last decade. However, despite this significant decline in overall beer consumption, the country’s beer market remains one of the most lucrative and competitive. Recent acquisitions by leading global brewers in the country’s beer industry is a testament to it.
The renewed lockdown since the start of November 2020 has compounded losses and revenue declines related to beer sales to...
In the third quarter of 2020, consumers continued to purchase even more German-made wines. The German Wine Institute (Deutsches Weininstitut...