The tides have turned: From recovery to growth
Since the pandemic started in March, impulse baskets have shrunk and now only represent 39 percent of all baskets. For instance in the first three months of the pandemic (March-May) the energy drink category shrank more than 19 percent.
According to Andreas Christou, managing director of RetailZoom Magyarország Kft., in the last 3 months the category has shown clear signs of fighting back, with a 1.2 percent increase in value sales vs. last year. Even more impressively, the category managed to grow while only re-gaining about 60 percent of the lost impulse baskets, thanks to new innovations such as the introduction of a seasonal watermelon flavour by Red Bull. This SKU sliced out a 16-percent market share from the Red Bull portfolio and a 4.4-percent market share from the total category.
Only the classic Red Bull flavour sold better than this. Edit Merkler, off premise manger of Red Bull told: from October 2020 the new flavour is part of the standard assortment under the Red Bull red name. //
Related news
Monster Ultra Strawberry Dreams
Ultra Strawberry Dreams was created with passion and it is…
Read more >Supplier and buyer goals align, but challenges and plans vary by channel – We were learning together (Business Days 2024 Part 1)
From Tuesday the students of the FMCG Open University had…
Read more >Molson Coors takes majority stake in ZOA energy drink
Molson Coors Beverage Co. is taking a majority ownership stake…
Read more >Related news
Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >The Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >