COVID-19 Impact on Heineken
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
"Coronavirus (COVID-19) Company Impact: Heineken" reports key findings as of May 7, 2020 based on market analysis and brand diversification by industry and geography.
GlobalData's market forecasts show that the alcoholic beverage market will be adversely hit by COVID-19. However, Heineken has a strong brand portfolio, possibly creating resilience. Consumers tend to opt for the brands that they are familiar with, particularly at times of uncertainty. The company's decision to continue to pay its suppliers and not lay off employees will ensure high morale, which will benefit the brand once the market recovers. Also, its strong innovation capabilities should contribute to its recovery.
Scope
– COVID-19 will negatively impact Heineken's business, owing to its significant exposure to West European markets.
– Closure of retail and production facilities impacts sales of alcoholic beverages.
– Beer growth has slowed down across all continents and the ongoing crisis is likely to worsen its growth prospects in the future.
Reasons to Buy
– Understand the challenges and opportunities for a specific company in order to tap into what is really impacting the industry.
– Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
– Access valuable strategic take-outs to help direct future decision-making and inform new product development.
Table of Contents
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.