$995 million in UK, $695 million in France, $594 million in Spain lost in food takeaway sector
$995 million in the UK, $695 million in France, and $594 million in Spain in total was lost due to reduced OOH food consumption.
While non alcoholic drinks consumption grew by 10% in 2020, spending is down by an average of 36% vs. 2019 as a result of the pandemic.
OOH coffee sales in the UK dropped from $484 million in March to $68 million in April a fall of 86%.
By the end of August, the highest coffee sales volumes were still 50% lower than average 2019 volumes at just under $250 million per month while coffee purchases for in home use had risen by 17% to just over $109m per month.
In urban environments in France, just 55% of consumers have used a home meal delivery service in the last year and only 8% are using those services once a week, highlighting a clear opportunity for growth and recovery.
The countries that have seen the least damage to their OOH sales seem to be those that have highest penetration of meal delivery services. ■