Wine and beverage sector: what has been the impact of the pandemic?Industry consumer trends for 2021

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ariful199
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Joined: Tue Dec 24, 2024 5:02 am

Wine and beverage sector: what has been the impact of the pandemic?Industry consumer trends for 2021

Post by ariful199 »

Market trends

The pandemic has had a significant impact on the wine and beverage industry .

As we have also seen for other sectors covered by this section , the restrictions have led to a contraction of life outside the home and a drastic reduction in social interactions, thus interrupting moments of sharing list of real mobile number database such as Aperitifs and dinners outside the home. Added to this is the Decrease in tourism and consumption in the Horeca (Hotel-Restaurant-Café) sector.

The decline in wine and spirits consumption is partly due to these trends.

According to the Nomisma study commissioned by Assobibe (the Italian association of Confindustria that brings together producers of soft drinks and spirits), in 2020, the consumption of non-alcoholic beverages fell by -8.4%, while spirits fell by -8.3%, significantly impacting the 3,300 companies that are part of the sector. Consumption in restaurants and public establishments lost an average of 250 million euros per month.

In particular, in the hospitality sector, the COVID-19 emergency caused a loss of 34.4 billion euros in 2020, a decrease of -35% compared to 2019. But the most impressive figure is the balance between companies born and companies that ceased during the pandemic, which corresponds to -13,060.
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