Many areas of packaged food benefited from stockpiling in early-2020 in response to concerns over potential product shortages due to the impact of the COVID-19 pandemic. Many consumers also stocked up as they sought to minimise shopping trips away-from-home. This led to a surge in demand in early-2020 for products including rice, packaged...
The COVID-19 pandemic has been the main driver for retail sales growth in basic Brazilian packaged food categories as consumers have prioritised essential household items such as rice, pasta, sauces and dairy products. Consumption of baked goods has been benefiting from home seclusion, as well as a certain amount of stockpiling, during the...
COVID-19 will have a significant effect on demand for packaged food in Uzbekistan during 2020. The economic instability it engendered has led to an acceleration in the country’s already rapid rate of consumer price inflation during the spring by means of a depreciation in the foreign-exchange value of the Uzbek som. The pandemic also lead...
Retail current value sales of packaged food in Tunisia was relatively stable in the face of COVID-19 during 2020, reflecting the fundamental inelasticity of demand for these products. With the exception of hypermarkets, which were forced to close for a brief period, grocery retail outlets have continued to operate without significant disruption. Packaged...
The majority of packaged food types are set to enjoy retail volume boosts during the COVID-19 pandemic and the long periods of lockdowns and home seclusion imposed by the authorities as part of the national and regional responses to the virus. Given the restrictions placed on consumer foodservice and home seclusion, Russians had little option...
At the start of 2020 the Hungarian economy was experiencing strong growth with above average growth in packaged food sales in retail volume and retail value compared to other EU countries. Thanks to low unemployment and household’s strengthening purchasing power, many Hungarian households entered the pandemic period in good financial standing....
In contrast with other countries, Morocco suffered little disruption to supply chains during the COVID-19 crisis in 2020, and there was less consumer stockpiling as a result. Consumers’ disinclination to stockpile also supported continuity in supply chains, although sales of long-life staples such as pasta, rice and packaged bread and cakes...
COVID-19 is set to have a significant impact on sales of packaged food sales in Bosnia and Herzegovina in 2020. The government’s attempts to manage the pandemic have had the most direct effect on sales. A state of emergency was introduced on 17 March, including the imposition of a curfew from 20:00 to 05:00 hrs. Although were some are regional...
In 2020, sales of packaged food in Ireland in retail are expected to perform well, anticipated to post higher current value growth than was seen in 2019. Stockpiling during the early months of lockdown heavily encouraged sales of long-expiry products such as canned vegetables, frozen meat, milk formula or dairy. Packaged Food in Ireland...
Packaged food will see a significant impact from COVID-19 in 2020 with drastically reduced revenue takings. This was largely due to the temporary closure of bars and restaurants from mid-March to mid-May, which was imposed to reduce the spread of the virus. After May, the venues were allowed to reopen provided social distancing restrictions...